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.
Category : Search result: nonbank financial sector
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.
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.
Financial Education Crisis: New Plan for London Pupils
A groundbreaking campaign aims to deliver free financial education to every Year 6 child in London, addressing the UK's broken money skills system. Join the movement for change.
Financial education could boost UK incomes by £16bn
Teaching financial literacy in schools could boost UK household incomes by £16bn annually while rebuilding trust in financial institutions among younger generations.
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.
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.
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.
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.
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.
Lawyers: Don't Destroy £60bn Industry Over LLP Reforms
Leading City law firms warn Chancellor's proposed reforms to Limited Liability Partnerships could devastate Britain's competitive legal industry and drive business overseas.
UK Government's AI Spending: Exclusive Figures Revealed
New data exposes the staggering amount UK government departments are pouring into artificial intelligence technology, with spending reaching unprecedented levels across Whitehall.
Why AI Can't Replace Human Wealth Managers
Discover why artificial intelligence struggles to replicate the nuanced human connections and emotional intelligence that define successful wealth management relationships.
London finance panel calls for urgent market reforms
An influential financial services group warns London risks losing its competitive edge without targeted reforms to streamline listings and boost investment research.
MPs: Watchdog Sides With Lenders in Car Finance Scandal
A cross-party committee of MPs has launched a scathing attack on the Financial Conduct Authority, claiming its car finance redress scheme favours lenders over consumers in a multi-billion pound mis-selling scandal.
UK Must Stop Dithering Over Digital Finance
Britain risks losing its financial crown as government delays on digital finance reforms threaten to push innovation overseas. Industry leaders demand urgent action.
Salesforce UK profits surge 82% despite job cuts
Tech giant Salesforce sees UK profits surge by 82% to £52.6 million while implementing significant workforce reductions and strategic restructuring across its British operations.
FCA's £4bn car finance scandal robs victims
Millions of British drivers face fresh injustice as the FCA's proposed redress scheme for mis-sold car finance could shortchange victims by billions. Exclusive analysis reveals how the regulator's plan might benefit lenders over consumers.
Budget Uncertainty Creates 'Brutal' Climate for Boat Show
The prestigious Southampton International Boat Show faces unprecedented challenges as government budget decisions create a 'brutal' climate for marine businesses, with exhibitors feeling 'very attacked' by financial uncertainty.
FCA faces lawsuit over bond tape 'manifest error'
The Financial Conduct Authority is embroiled in a High Court battle as market participants accuse the regulator of catastrophic misjudgment in its controversial bond reporting reforms.
Global Wealth Race: Which Financial Hub Dominates?
London battles New York and Asian rivals in the high-stakes competition for the world's wealthiest individuals. Discover which financial centres are gaining ground and what this means for global finance.
Bank shares jump despite motor finance scandal fears
Despite mounting concerns over a potential £16bn motor finance mis-selling scandal and fraud allegations reminiscent of Madoff, London's banking shares demonstrate remarkable resilience with significant gains across the sector.
Private Credit Chiefs Escalate War of Words with Banks
Top private credit executives escalate their battle with mainstream banks, claiming superior lending models and dismissing banking sector criticisms as outdated rhetoric in this exclusive City A.M. investigation.
London law firms shift to non-equity partner promotions
Major London law firms are increasingly promoting lawyers to non-equity partner roles, signalling a strategic shift in talent retention and financial management within the UK legal sector.
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