City

TSB Bank has revealed its highest pre-tax profits since relaunching in 2013 as increased lending and higher interest rates bumped up its total income to more than £1 billion.The high…
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The arrest of FTX Founder Sam Bankman-Fried is surely the apotheosis of a hellish year for the tech sector, and crypto in particular. Yet just eighteen months ago, such a fall from…
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People could be at greater risk of loan fee fraud this Christmas, the City regulator has warned.The Financial Conduct Authority (FCA) typically receives an increase in reports of loan…
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Jeremy Hunt is set to launch a major reform of the UK’s financial sector with plans to rip up red tape and replace reams of EU regulations.Dubbed the “Edinburgh reforms”, the changes…
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Mortgage lenders should support struggling customers in a range of ways that suit their needs, the City regulator has said.The Financial Conduct Authority (FCA) has published guidance…
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TOMORROW is the 30th ICAP Charity Day, a rare occasion when one of the most cut-throat industries in the City comes together to be nice.Cynics who say “What about the rest of the year?”…
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London’s top index handed back some of its recent gains after oil stocks, a resurgent pound and a weak opening for US markets weighed on sentiment.Fed chairman Jerome Powell’s comments…
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TWO photographs illustrate Doha’s past.One is of pearl-fishing boats pulled up on the sand, next to a village of huts; the other is of a low-rise city in which the biggest building is…
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SCOTTISH Mortgage Investment Trust, one of the oldest funds in the City, today admitted its assets have plunged by 15% is just the last six months in the latest sign that stock pickers…
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The UK’s banking sector contributed more taxes to the Government in the last financial year as concerns over the UK’s future competitiveness grow, according to a new report.It comes as…
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