Barclays is set to take control of a US personal loans fintech in a deal that the lending giant hopes will beef up its loans package for its investment bank …
Investing
Labour are choosing to let London’s housing crisis get worse
The Chancellor and the Mayor can choose to scrap affordable housing targets, abolish stamp duty, fast-track homes on state-owned land and reform the mortgage market. Or it can choose to …
Chelsea co-owner Boehly part of $10bn NBA deal for LA Lakers
Todd Boehly is part of the $10bn deal to buy the LA Lakers alongside Chelsea co-owner Mark Walter. Walter had agreed to purchase a majority stake in the NBA side …
Eastern Airways: UK regional airline suspends operations
Eastern Airways has cancelled all of its flights, with the Civil Aviation Authority (CAA) announcing that it has suspended operations. Travellers booked onto upcoming flights have been warned not to …
Barbarians: Inside rugby team playing All Blacks in London this weekend
The Barbarians are taking on an All Blacks XV this weekend at Premier League club Brentford’s Gtech Community Stadium in London. Rugby’s financial structure is bizarre at the best of …
HSBC: FTSE 100 lender’s profit slumps as legal costs jump
Europe’s biggest lender, HSBC reported better-than-expected revenue in the third quarter, but recorded a double digit decline in profit as it set aside over a billion dollars following a fresh …
UK short sellers to become anonymous in deregulation drive
Firms short-selling UK-quoted companies will no longer have to reveal their identities in the latest deregulation drive by the UK’s financial watchdog. The Financial Conduct Authority (FCA) is expected to …
Rachel Reeves set for £20bn OBR productivity downgrade
Rachel Reeves’ ballooning fiscal black hole is set to deepen as the fiscal watchdog hands the Chancellor its final productivity forecast on Friday. The Treasury is already battling to contain …
FTSE 100 live: HSBC earnings, BRC shop price index
Good morning from the City AM liveblog team. It may have been more than 15 years since he was convicted and four years since he died, but legendary fraudster Bernie …
Here’s how to get Brits investing in equities
Reeves should take a leaf out of America’s book when it comes to encouraging investment in stock and shares, says Charles Hall Although the focus in the Budget will be …