º£½ÇÊÓƵ

Load mobile navigation
PREMIUM

Professional Services

Standard Chartered sees profit surge amid market volatility
By City AM
Standard Chartered shares edged up after the firm smashed profit expectations in the first quarter, but warned of the upcoming impact of geopolitical tensions
Bookmark
Ryder Architecture becomes Employee Ownership Trust to secure practice future
People
A new small board of trustees has been set up to represent the 350 employees across the group
Bookmark
Lloyds Banking Group faces profit dip amid rising costs and Trump's tariff policies
By City AM
Lloyds has reported a seven per cent drop in profit as the bank's operating costs surged in the first three months of the year, adding that it has set aside more provisions for bad loans after a tariff tumult
Bookmark
True Potential makes £100m compensation available for clients negatively impacted by transfers
Finance
Steve Hutton, chief executive officer of True Potential Wealth Management, said the business had not always given clients adequate information about the transfer of their investments
Bookmark
Barclays boss breaks with Lloyds, Natwest and HSBC on major º£½ÇÊÓƵ banking regulation
By City AM
Barclays chief executive CS Venkatakrishnan has broken with his FTSE 100 peers to call for the º£½ÇÊÓƵ's ring-fencing regulation to remain in place, arguing the benefits of protection outweigh the costs of implementing and administering the system
Bookmark
Santander º£½ÇÊÓƵ's provisions surge as backlash against bank's branch closures rises
By City AM
Santander º£½ÇÊÓƵ's provisions for liabilities and charges rose 69 per cent to £140m in the first quarter of the year, as the bank prepares to close 95 branches in June
Bookmark
Chancellor unveils new crypto rules as she promises to back º£½ÇÊÓƵ fintech
By City AM
The º£½ÇÊÓƵ Treasury is set to unveil new crypto regulation, after Chancellor Rachel Reeves pledged to support the fintech industry in a landmark speech on Tuesday
Bookmark
Bank of England risks 'killing' London's potential to become global hub for stablecoins
By City AM
London's dominance of the foreign exchange market could pave the way for the capital to become the "Eurodollar market for stablecoins" according to a report by Innovate Finance.
Bookmark
HSBC shares rise after bank unveils $876m loan loss provisions amid trading chaos
By City AM
HSBC shares rose as the London-based bank unveiled its first quarter results, which showed a big jump in loan loss provisions amid escalating trade war tensions
Bookmark
Tata subsidiary º£½ÇÊÓƵSE exceeding targets on support to firms following ending of heavy steelmaking in Port Talbot
Banking & Finance
Its ongoing support programme has invested £3m since being launched last yeaer
Bookmark
º£½ÇÊÓƵ's major banks brace for earnings amidst Trump's tariffs and rate cuts
By City AM
The FTSE 100's 'Big Five' banks will deliver a combined £30bn in cash returns to shareholders in 2025, according to analysts.
Bookmark
North East businesses face more than 500,000 invoices in Q1, figures show
Finance
Data from Creditsafe also shows the number of overdue invoices rocketed by 21% year-on-year in the first three months of the year
Bookmark
People on the move: key North East appointments and promotions
Appointments
Companies featuring in this week's round-up include Muckle LLP, Newcastle Building Society, Bernicia, C arney Consultancy and SPG Resourcing
Bookmark
BCRS Business Loans ramping up lending activities to Welsh SMEs
Deals
It manages the small business debt element of the British Business Bank's £130m Wales Investment Fund
Bookmark
FTSE 100's winning streak at risk as White House 'clouds' market sentiment
By City AM
The FTSE 100's winning streak is on the line as the blue-chip index slid into the red, ending an eight-day consecutive run of gains
Bookmark
St James's Place loses £3.3bn as investors continue to pile in
By City AM
The º£½ÇÊÓƵ's largest wealth manager saw its assets under management fall during the quarter for the first time in years, as turmoil in the stock market impacted investments
Bookmark
Revolut's profits soar to £1bn amid global expansion and fintech boom
By City AM
The fintech darling boosted pre-tax profit growth of 149 per cent to £1bn, up from £438m in 2023.
Bookmark
Tandem Bank: 'º£½ÇÊÓƵ's greener digital bank' sees profits surge 40%
By City AM
Tandem's assets under management topped £1.5bn at the end of 2024 - a 5.2 per cent increase on the previous year.
Bookmark
Ford sets aside £61m over car finance claims
Professional Services
The American car manufacturer's British motor finance division has set aside cash as an 'estimated economic outflow'
Bookmark
Hargreaves Lansdown co-founder to rejoin board after £5.4bn takeover
By City AM
Peter Hargreaves, who helped set up the investment site in 1981 and stepped down as a director a decade ago, is set to rejoin the board in a non-executive role
Bookmark
Next wave of º£½ÇÊÓƵ fintech to watch with Allica, Atom, and Tandem in the frame
By City AM
The º£½ÇÊÓƵ's fintech scene is booming - and it's not just the household names that are making waves in the industry. Here are the next wave of fintechs to watch out for in 2026
Bookmark
Opinion: One year of Northern Powerhouse Investment Fund II – the start of something bigger
Professional Services
Louise Chapman, investment director and NPIF II Fund Principal at Praetura Ventures, on the success of the Northern growth fund
Bookmark
HSBC, Barclays, Lloyds: Mortgage price war as lenders go all out to win business
By City AM
A large increase in remortgaging was seen in the three months to December
Bookmark
US dollar under threat as Trump's trade war with China sparks 'global crisis'
By City AM
The dollar index on Thursday afternoon was 8.7 per cent below levels seen three months before as a new report warns of a 'global crisis'
Bookmark
Story Saved
You can find this story in  My Bookmarks.Or by navigating to the user icon in the top right.