FTSE 100 lenders pocket record total profit
Standard Chartered was the last of the FTSE 100’s biggest banks to release its annual results, as analysts praised the strong performance across all of the Big Five. Barclays, HSBC, Natwest, Lloyds
Andy Burnham slammed for Manchester tourist tax plans
Andy Burnham has been slammed by the chief executive of UKHospitality after backing plans for a new tourist tax to be introduced in Manchester. The mayor of Greater Manchester said earlier this week t
Are Londoners losing their jobs thanks to Rachel Reeves’ tax hikes?
City AM’s opinion and features editor, Alys Denby, discusses the ongoing negative impact of Rachel Reeves’ jobs tax and whether rumours of the death of DEI have been exaggerated – plus more.
Working from home: Analyst on trial for £1m insider trading scheme
A former Janus Henderson analyst used working from home to make nearly £1m from insider trading, a court has heard. Redinel Korfuzi was on trial yesterday with his sister Oerta Korfuzi and two other
New Look closes all stores in the Republic of Ireland
High street fashion giant New Look will fully exit the Republic of Ireland, putting all of its workers in the country at risk of redundancy. The retailer’s Irish arm, which employs about 347 people,
Ex-Lloyds executive wants to ‘fintech’ mortgages
A former Lloyds executive wants to accelerate the mortgage process by bringing AI into the mix. Stuart Cheetham worked at Lloyds bank for over a decade, spanning senior roles across Asia. He was chi
Consumer confidence rises in February but cost-of-living crisis ‘far from over’
Brits’ confidence rose in February, fueled by better personal finances and a brighter outlook on the general economy. However, confidence remained down on last year. GfK’s index measuring changes
Drayton Manor: Profit continues to slide as wet summer hits theme park
Profit at Drayton Manor has fallen for a fourth year in a row since the theme park was rescued out of administration as wet weather continued to suppress sales. The Staffordshire-based attraction has
Standard Chartered shares hit ten-year high ahead of results
Shares in Standard Chartered climbed to a ten-year high as the bank geared up to post its annual results on Friday. City analysts have pencilled in a full-year profit before tax of $6.2bn (£4.9bn),