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Main banks ramping up in London – good news for our ‘innovation economy’

The news additionally exhibits that that London stays one of the enticing jurisdictions on this planet for monetary establishments, and as a pure corollary to that, to development sector entities that want to elevate funds and develop internationally. When increasing operations and elevating funds,...

Ex-Barclays boss fined £1.8m for deceptive watchdog over Epstein hyperlinks

Mr Staley has additionally been banned from holding senior roles within the monetary sector.The FCA stated Mr Staley recklessly permitted a letter despatched by Barclays to the regulator which claimed the financial institution’s former boss didn't have a detailed relationship with financier Mr Epstein,...

Which 5 water firms should pay probably the most for failing to fulfill Ofwat targets?

Water regulator Ofwat has revealed this yr’s efficiency evaluate of water firms, asserting {that a} web complete of £114 million will likely be returned to paying clients as many corporations failed to fulfill numerous targets.The high 5 who're anticipated to pay out probably the...

FTSE 100 dips as commodity giants drag on buying and selling

The FTSE dipped into the purple on Monday as commodity and housing companies have been among the many fallers.Weak periods for the UK’s oil majors have been a specific drag throughout a largely timid buying and selling session.London’s prime flight moved 0.13%, or 9.88...

FTSE inches decrease however makes robust acquire for the week

London shares completed within the crimson by a high quality margin however it didn't take the shine off a powerful week.The FTSE had witnessed a dismal begin to July, which noticed it slide to its lowest shut value since November, however clawed again vital...

Nutmeg co-founder Nick Hungerford dies aged 43

Technology entrepreneur Nick Hungerford, who arrange a charity in his daughter’s title to assist bereaved youngsters, has died on the age of 43.The co-founder of digital wealth administration agency Nutmeg, who was identified with a uncommon type of terminal bone most cancers in 2019,...