Fresh tax raid on hotels and shoppers announced
Chancellor Rachel Reeves plans new tourist taxes and a sugar levy expansion to fill a £20bn fiscal hole. Discover how this impacts your wallet and the high street.
Category : Search result: UK banking sector
UK Business Activity Rebounds Before Budget
UK private sector activity saw its largest monthly rise this year in October, but growth faces threats from Autumn Budget speculation. Discover the key economic trends.
Ex-chancellor Osborne shortlisted for HSBC chairman role
Former chancellor George Osborne emerges as surprise candidate to lead HSBC Holdings in one of Britain's most prestigious banking appointments. Discover the implications.
Dick Harris: A Life for Disability Rights
Dick Harris, who spent a lifetime advocating for disability rights and independent living, has died aged 71. Discover his inspiring journey from institutional care to becoming a force for change.
Moelis Considers Nordic Banking Launch Amid Talent War
US investment bank Moelis & Co explores Nordic expansion as financial institutions compete fiercely for top banking talent across European markets.
HSBC Europe Boss Colin Wild Announces Departure
HSBC's European chief Colin Wild is stepping down for family reasons after three decades with the bank. Discover the leadership transition plans and his legacy.
Ukraine Ministers Ousted in $100M Corruption Scandal
Ukraine's justice and energy ministers resign amid a major embezzlement scandal involving state nuclear power, as Zelenskyy cracks down on graft during wartime. Read the full investigation details.
Zelenskyy fires ministers in corruption scandal
Ukrainian President Zelenskyy dismisses top ministers amid growing public outrage over a $100m energy sector bribery scheme, vowing 'maximum integrity' during wartime crisis.
11,000 UK pubs fear closure ahead of Budget
A new poll reveals nearly 11,000 UK pubs fear closure within a year as publicans plead for VAT cuts and support in the upcoming Budget. Will the Chancellor act?
Barclays appoints Etienne de Montalivet for French M&A
Barclays strengthens its European investment banking division with the strategic hire of BNP Paribas veteran Etienne de Montalivet to lead M&A efforts in France.
Nationwide keeps all UK bank branches open until 2030
Nationwide commits to keeping its 696 branches, including Virgin Money, open until at least 2030, bucking the trend of bank closures and supporting communities.
Ukraine minister suspended in $100m corruption probe
Ukrainian Justice Minister German Galushchenko suspended amid a $100m energy sector corruption investigation. Read the latest developments on this major political scandal.
Pub Chain Chief Criticises Chancellor's Budget Strategy
Fuller's executive chair Simon Emeny demands new economic thinking as hospitality sector faces tax rises and record pub closures. Read the full analysis.
ABN Amro Buys NIBC Bank from Blackstone
Dutch banking giant ABN Amro acquires NIBC Bank from Blackstone in strategic expansion. Deal strengthens commercial banking presence with €672 million transaction.
Care home manager loophole exposed after deaths
A grieving daughter reveals how a care home manager prevented from CQC registration now oversees multiple homes, exposing dangerous gaps in care sector regulation.
Menulog closes in Australia, impacting gig economy workers
Menulog is closing its Australian operations on 26 November, affecting thousands of delivery drivers and 120 employees. The Transport Workers' Union is fighting for fair exit payments.
Care providers make £256m profit in three regions
Private companies providing care services extracted £256m in profits across three English regions between 2021-2024, with over a third going to private equity and tax haven firms.
RBC Bolsters European Equities Team with Senior Hires
Royal Bank of Canada makes three strategic senior hires to expand its European equities division, enhancing research and execution capabilities across key markets.
Ukraine Anti-Corruption Agency Investigates Energy
Ukraine's anti-corruption agency launches investigation into energy sector officials over alleged misconduct. Read the latest developments in this ongoing probe.
Legal sector defies headwinds with 4% headcount growth
UK legal firms show resilience with 4% headcount growth and rising partner profits, while navigating cyber threats and cautious AI adoption. Discover the sector's 2025 outlook.
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.
UK construction sheds workers at fastest rate in 5 years
Britain's construction sector faces its steepest workforce decline in five years as rising costs and falling demand create a perfect storm for the industry.
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.
Legal Sector Charges Ahead with AI Governance as UK Government Lags
Britain's top law firms are taking artificial intelligence oversight into their own hands, developing comprehensive frameworks while Westminster delays crucial legislation.
AI Revolutionises Wealth Management for Ultra-Rich
Exclusive insight into how AI is transforming wealth management, from hyper-personalised portfolios to predictive analytics revolutionising client service in London's financial district.
Reform UK Pension Plan Could Cost Billions Extra
Prospect union analysis reveals Reform UK's proposed public sector pension changes could add billions to government spending, raising concerns about fiscal responsibility.
Bank of America targets mega-deals in banking expansion
Bank of America reveals ambitious expansion plan for its London investment banking division, focusing on large-scale M&A transactions and equity capital markets growth to capture market share.
Banks hike bonuses 15% but fear dealmaker exodus
London's investment banks are hiking bonuses to retain top talent despite concerns that financial incentives alone won't prevent a brain drain from the dealmaking sector.
Wetherspoon's cautious on outlook amid budget uncertainty
JD Wetherspoon sounds alarm over rising costs and economic pressures as budget uncertainty threatens pub chain's recovery momentum.
Labor accused of hiding 'jobs for mates' report
Explosive allegations emerge as Labor faces accusations of concealing a damaging report revealing political favouritism in public sector appointments. Opposition demands transparency.
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