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CVC Hires KKR's James McGlade for UK Dealmaking

Private equity giant CVC Capital Partners recruits James McGlade from rival KKR to strengthen its UK financial services investments. Discover the strategic move reshaping London's dealmaking landscape.

London double decker bus crashes into shop

A dramatic bus crash in central London saw a double decker vehicle plough into a shop front, leaving multiple passengers injured and sparking emergency response.

Banks set to escape tax rises in Reeves budget

Chancellor Rachel Reeves is expected to spare Britain's banking sector from tax rises in her first major Budget, despite previous Labour criticism of bank profits during the cost-of-living crisis.

Goldman Sachs hires Evercore banker for Evelyn Partners sale

In a significant recruitment coup, Goldman Sachs has hired senior Evercore banker James Rucker to spearhead the upcoming sale of Evelyn Partners' wealth management division, signalling intensified competition in London's financial advisory landscape.

Goldman Sachs London pay bill soars 26%

Goldman Sachs International's London staff costs surge to £2.8bn amid booming investment banking fees, while parent company reports stellar Q2 earnings.

Tech giants warn Reeves over UK IPO flight risk

Leading technology firms warn Chancellor Rachel Reeves that proposed tax changes could drive British companies to list overseas, threatening London's status as a financial hub.

Tice Pledges Major Reform of City Regulation

Reform UK chairman Richard Tice unveils radical plan to overhaul financial regulation, claiming current rules are stifling London's competitiveness and investment growth.

Croydon children's services delays warning

A leading child protection expert reveals alarming delays in Croydon's children's services, putting vulnerable young people at risk as the council faces ongoing challenges.

Lloyds CEO: Motor Finance Scandal Threatens UK Investment

Exclusive: Lloyds Banking Group CEO Charlie Nunn voices serious concerns about how the ongoing motor finance commission scandal could damage Britain's attractiveness to global investors and impact the wider economy.

OpenAI's AWS Deal: The Staggering Cost of AI Supremacy

The multi-billion dollar partnership between OpenAI and Amazon Web Services exposes the eye-watering financial investment required to compete in the global AI race, with costs potentially reaching hundreds of millions annually.

BDO UK and Ireland announce landmark accounting merger

In a landmark move for the professional services sector, BDO's UK and Irish firms announce plans to merge, creating a £1.4bn revenue giant poised to challenge the Big Four's dominance in the mid-market arena.

M&G reaches £365bn assets as retail inflows surge

Investment giant M&G reports impressive £4.5bn net inflows for 2023, with retail investors driving growth despite challenging market conditions and pushing assets under management to £365bn.

US Government Shutdown: Real Consequences for Americans

As the US government shutdown continues, millions of federal workers face financial uncertainty while essential services from food safety to national parks feel the strain. Discover how this political stalemate is affecting everyday citizens.

Teen, 15, stabbed in head in North London attack

A 15-year-old boy has been rushed to hospital with critical head injuries following a violent stabbing in Muswell Hill, North London, as police launch urgent manhunt for suspects.

PJT Partners Fees Soar 37% in M&A Comeback

Investment bank PJT Partners reports dramatic fee growth amid resurgent merger activity, signalling strong recovery in global dealmaking with London playing key role.

Ex-Telegraph journalist joins Financial News team

Financial News bolsters its editorial team with the appointment of Harry Brennan, an experienced journalist from The Telegraph, to enhance coverage of London's professional services sector

John Lewis 2025 Christmas Ad Reaction Revealed

The highly anticipated John Lewis Christmas advert for 2025 has finally landed, sparking emotional reactions across social media with its touching story of neighbourhood connections.

John Lewis 2025 Christmas Advert Revealed

Discover the magical story behind John Lewis's highly anticipated 2025 Christmas advertisement, featuring enchanting characters and emotional storytelling that captures the true spirit of the season.

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