The UK’s energy watchdog has said it will slash the time within which energy suppliers must switch customer tariffs or face a fine. Ofgem today said that from 1st April,…
Higher interest rates means UK firms are set to face an extra £25bn bill on their annual debt servicing costs, according to new projections from EY. The consultancy found that…
A SENIOR London Stock Exchange Group exec is set to leave Paternoster Square for a new role in the insurance industry. David Shalders, the firm’s chief operating officer and head…
ONE of the City’s leading insurance bosses called on the UK to “shout about” the world leading industry “a bit more.” “The London market is the only proper insurance market…
Saudi Arabia has made another major move in professional tennis by announcing a new tournament, the 6 Kings Slam, featuring Novak Djokovic, Rafael Nadal and Carlos Alcaraz. Newly-crowned Australian Open…
A key survey of private equity funds has found most managers are bullish for the year ahead despite the challenges facing the sector. In a study from Carne Group, which…
Kwasi Kwarteng, the chancellor during the infamous Liz Truss mini-budget, is to quit as an MP at the next election. The former Conservative chancellor took to social media to announce…
UK construction companies have said they’re increasingly hopeful that the downturn which has hit the sector over the past year or so is coming to an end. According to S&P’s…
The City of London Police has said it is “not able to progress further criminally” with 11 out of 12 allegations of serious misconduct made against the Confederation of British…
Virgin Money warned of further cost-cutting and layoffs to come today after slashing its headcount in the first quarter of the year. In a trading update this morning, the London-listed…