Former Chancellor Philip Hammond has been appointed as the chair of Railsr, a year after the embedded banking platform was rescued from collapse. Embedded Finance, Railsr’s parent company, has announced …
Retirement Planning
Building materials firm CRH hits record high after announcing new £236m buyback
Shares in Irish building material firm CRH have leapt this morning in London on the back of a seven per cent revenue uplift and buyback extension. Product revenue at the …
Meta faces European complaints over ‘gargantuan’ data collection
Meta is set to face several complaints accusing the tech giant of failing to obtain proper consent before collecting “gargantuan” amounts of data from Facebook and Instagram users for targeted …
Spring Budget 2024: Hunt considering scrapping non-dom rules to fund tax cuts
Jeremy Hunt could scrap or scale back ‘non-dom’ tax status in next week’s Spring Budget in an attempt to raise some cash for tax cuts, according to reports. With less …
Coventry Building Society sees profit boost from rate hikes as Co-op Bank merger talks continue
Higher interest rates have boosted Coventry Building Society’s annual profit as the lender continues to negotiate a potential merger with the Co-op Bank. The lender posted a profit before tax …
NHS delays help private healthcare provider Spire Healthcare’s profit jump by a third
Independent healthcare provider Spire Healthcare Group reported an uptick in revenues and operating profits in its annual results, as the UK’s private healthcare sector continues to perform strongly. The FTSE …
Mishcon de Reya kicks off probe for potential group shareholder claim against Drax
City-headquartered law firm Mishcon de Reya has launched an investigation into a potential group legal action against energy company Drax Group over allegations of greenwashing. The law firm is looking …
Footasylum hails ‘record-breaking’ year as sales pass £300m
Footasylum has hailed a “record-breaking” year which saw its sales pass the £300m mark. The Rochdale-headquartered company has reported a revenue of £320m for the year to January 27, 2024, …
Work on £1.75bn Midlands Rail Hub to begin after extra funds injected
Design work on the £1.75bn Midlands Rail Hub project is set to start after the government provided an extra £123m. The scheme will involve more than 50 stations with the …
Clearbank appoints former SVB Europe risk head as UK chief executive
Clearbank has named Emma Hagan, formerly chief risk officer of Silicon Valley Bank Europe, as its new UK chief executive. The fintech clearing bank said the newly established role was …