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Category : Search result: financial services restructuring
Poundland Announces 14 New Store Closures
Poundland reveals another 14 UK stores will close by February 2026 as part of a major restructuring. See the full list of locations and closure dates here.
Poundland announces 14 new store closures
Poundland reveals a further 14 UK stores will close by early February as part of a major restructuring plan. Find out if your local branch is affected and see the full list of closures.
Poundland Announces 14 More Store Closures
Poundland reveals 14 more stores will close by early February, with clearance sales offering up to 40% off. See the full list of locations and dates.
Stride Calls for Bonfire of City Regulation to Boost Banks
Shadow Chancellor Mel Stride warns UK financial sector risks drifting without radical deregulation. Calls for a 'bonfire of rules' to turbocharge City banks after Autumn Budget reprieve.
Victoria to cut 4,000 public service jobs in $2.3bn savings plan
The Victorian government announces a major public sector overhaul, aiming to cut 4,000 jobs and save $2.3bn. Find out which departments are affected and the impact on services.
FCA opens 'safe space' for AI testing in finance
The FCA launches its first AI live testing scheme with NatWest and Monzo. The initiative aims to ensure safe AI deployment in UK financial markets. Read the full story.
Berenberg promotes two in major structural overhaul
German investment bank Berenberg has promoted David Janssens and Christian Gottlob to new roles in a significant restructuring of its operations. Discover the strategic moves behind the reshuffle.
Inspectors praise City of London SEND services
A joint Ofsted and CQC report has praised the 'positive experiences' for children with special educational needs in the Square Mile. Read the full findings.
Fears for UK security as Foreign Office scraps conflict unit
MPs warn that abolishing the FCDO's migration and conflict directorate undermines UK security and risks losing vital expertise in global peace-building efforts.
AI Puts 2.1 Million UK Jobs at Risk, OBR Says
OBR analysis reveals over 2 million jobs in key UK sectors face AI automation. Discover the Treasury's response and the potential impact on the economy.
Jane Street injects £500m into UK trading unit
Global trading giant Jane Street has provided its UK subsidiary with £500m in fresh capital, significantly expanding its British operations and market presence. Discover the strategic implications.
Deutsche Börse in £5.3bn Allfunds Acquisition Talks
German exchange operator Deutsche Börse is negotiating a potential €6bn takeover of fund platform Allfunds, creating a European investment giant. Discover the implications.
City Relief as Spring Budget Avoids Worst Fears
Jeremy Hunt's Spring Budget brings relief to financial services with measured reforms. Discover how the City avoided predicted tax raids and what changes lie ahead.
HP cuts 6,000 jobs in AI-driven restructuring
HP announces up to 6,000 job cuts by 2028 as it embraces AI technology. The restructuring aims to save $1bn annually while improving product innovation and customer service.
US Broker StoneX Expands Into London Hedge Fund Market
American financial giant StoneX launches ambitious London expansion targeting mid-sized hedge funds with prime brokerage services. Discover how this move shakes up the City.
Jefferies Launches Fixed Income Trading Desk
Investment bank Jefferies establishes new fixed income desk in London as part of outsourced trading expansion. Discover how this strategic move impacts UK financial markets.
Former Citadel Manager Moves to Eurasia Group
Eurasia Group appoints former Citadel portfolio manager to strengthen financial services division. Key strategic move signals expansion in political risk analysis.
ABN Amro Announces 5200 Job Cuts Over Three Years
Dutch banking giant ABN Amro reveals plans to cut 15% of workforce in strategic overhaul. Discover how this impacts European banking sector and what's next.
FCA Executive Director Sarah Mills Resigns from Regulator
Sarah Mills, the FCA's executive director of consumers and competition, has resigned from her role. Discover the implications for UK financial regulation and what's next.
FCA Consumer Chief Sheldon Mills to Leave Watchdog
FCA executive Sheldon Mills is stepping down after eight years. He will lead a government review into AI's role in consumer financial advice. Discover the implications.
Ovo Energy Axes Hundreds of Jobs Amid Crisis
Struggling energy supplier Ovo prepares to cut several hundred jobs next week as part of urgent restructuring plan to convince regulators and secure £300m investment.
Investment Association CEO Chris Cummings Steps Down
Chris Cummings announces departure from Investment Association after transformative seven-year tenure. Search for successor begins as industry faces regulatory challenges.
Clifford Chance AI redundancies hit London roles
Magic circle law firm Clifford Chance is making 55 London business services roles redundant, citing AI adoption and work moving to hubs. Read the full analysis.
JPMorgan's New UK Private Bank Boss Begins Role
JPMorgan appoints new UK private banking head as wealth management expands. Discover the strategic moves shaping London's financial landscape.
JPMorgan aims to double UK private banking business
JPMorgan's UK private banking head reveals ambitious five-year growth strategy to double business, focusing on wealthy entrepreneurs and international clients.
LionTrust profits fall 45%, targets £1.5m savings
LionTrust Asset Management reports 45% profit drop in H1 2024, launching strategic cost-cutting initiative targeting £1.5m annual savings amid market challenges.
Accountancy Firms Challenge Big Law's Market Share
Major accountancy firms are aggressively expanding into legal services, threatening traditional law firms' dominance. Discover how this shift impacts the UK legal landscape and what it means for clients.
Bain Capital Continues Amber River Acquisition Pursuit
US private equity giant Bain Capital remains in active negotiations to acquire London wealth manager Amber River as the bidding process extends. Discover the latest developments.
FCA Begins Private Markets Probe: Key Details
The Financial Conduct Authority has initiated a comprehensive review of private markets, examining valuation practices and liquidity concerns. Discover how this could impact UK investors.
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