The Financial Conduct Authority’s decision today to take action against disgraced stock picker Neil Woodford for the collapse of his star fund also came with a final notice against the …
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ITV star Jing Lusi: ‘Diversity isn’t black or white – literally – it’s all ethnicities’
Actor Jing Lusi talks to Adam Bloodworth in The City A.M. Magazine about Asian representation, her new leading role in ITV drama Red Eye and why she loves roast chicken …
Lenders expect higher credit card demand and default rates in coming months as household finances squeezed
British lenders are seeing increasing demand for credit card lending and higher default rates, according to an official survey, as households continue to struggle with economic pressures and high borrowing …
Top UK law firms borrowing more as lawyers struggle to get clients to cough up
The total debt at the UK’s top 50 law firms has hit £5.4bn, as the tougher economy sees firms struggle getting clients to pay their bills. According to data shared …
Darktrace rises on revenue growth and improved forecast
Shares in cyber security company Darktrace jumped over seven per cent on Thursday morning after it recorded a 26.5 per cent growth in revenue and narrowed its full year guidance …
‘Scarcity of high-quality space’ drives activity for West End London landlord GPE
One of central London’s biggest listed landlords said a “scarcity of high quality space” helped drive leasing activity in the year to the end of March. Great Portland Estate signed …
FCA takes action against disgraced stock picker Neil Woodford for ‘defective understanding of responsibilities’
Former star stock picker Neil Woodford, who managed the infamous £3.7bn Woodford Equity Income fund until its collapse, has been targeted by the regulator for his “defective and unreasonably narrow …
UK corporate health ‘stabilises’ as Germany remains ‘most distressed market’ in Europe
Corporate distress levels in the UK have stabilised in the first quarter of 2024 but Germany remains the continent’s “most distressed market”, new research shows. According to Weil’s European Distress …
Newcastle United receive £37m cash injection from mystery investor
Newcastle United have received a cash injection of £37m from an investor, filings at Companies House show. The unnamed buyer – thought likely to be one of the club’s existing …
Bank of England: Interest rate cuts should ‘still be way off’, MPC member Greene warns
Interest rate cuts should still be a “way off” given the danger of persistent inflation in the UK, a Bank of England rate-setter said. “The UK economy has faced the …