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Jeremy Hunt: Key moments and challenges in 12 months as Chancellor

Chancellor Jeremy Hunt has overseen a dramatic 12 months which has seen households hit by rampant inflation and rising borrowing prices.In October final 12 months, the long-time frontbencher was thrust into the important thing place after his predecessor Kwasi Kwarteng resigned from the put...

Watchdogs have to be daring to spice up range within the City

The City has come a great distance because the first women had been admitted to the floors of the Londonstock exchange and the Lloyd’s insurance coverage market simply over 50 years in the past. But not so far as it would wish to suppose.Its...

Zopa borrows £75 million because it eyes first revenue in 19-year historical past

The London Bridge-based agency, which was based in 2005 as a peer-to-peer lending enterprise however now focuses on digital banking, says it's at the moment worthwhile, and expects to make a full-year revenue this yr after surpassing a million prospects. The agency mentioned it's...

Debanking poses menace to free speech, says Chancellor as he asks regulator for probe

Chancellor Jeremy Hunt has requested the City watchdog to look into the extent of debanking, as he stated the observe poses a “threat” to free speech.It comes as banks face widespread reforms over account closures, after the Nigel Farage row that final week led...

Financial institution and grocery store shares weigh on London’s FTSE 100

Banking and grocery store shares helped drag London’s FTSE 100 decrease on Tuesday as five-year mortgage offers surpassed 6% for the primary time this 12 months.The lacklustre buying and selling session got here amid a pause in US buying and selling as America celebrated...