UBS Boss Sergio Ermotti Set for 2027 Departure
UBS Group begins search for a new chief executive as Sergio Ermotti prepares to step down in April 2027 following the Credit Suisse integration. Discover the top internal candidates in the running.
UBS Group begins search for a new chief executive as Sergio Ermotti prepares to step down in April 2027 following the Credit Suisse integration. Discover the top internal candidates in the running.
Hedge fund giant Millennium Management recruits portfolio manager Jonathan Decker from Eisler Capital, signalling a major expansion of its London-based credit team. Discover the strategic move.
Barclays stock plunged as Donald Trump's plan to cap US credit card rates at 10% threatens its lucrative American consumer arm. Full analysis of the market fallout.
A 48-year-old Reform voter and a 22-year-old law graduate found surprising agreement on taxing billionaires during a cross-political dining experience in County Durham. Discover their views on immigration and integration.
President Trump announces a one-year cap on credit card interest rates at 10%, effective 20 January. Critics question its legality without Congressional approval, while banking groups warn of reduced credit access.
US law firm Sullivan & Cromwell has recruited finance partner James Duncan from A&O Shearman in London, bolstering its leveraged finance and private credit capabilities. Read the full story.
A Lords committee warns the UK Treasury is unprepared for risks from the booming $16tn shadow banking sector, which could threaten UK financial stability. Read the full report.
A House of Lords committee has accused the Treasury of being too passive about systemic risks from the booming private credit sector. Read the full report and the urgent calls for action.
A top JP Morgan executive warns of early signs of a credit market downturn, citing rising fraud and inflation risks, as the bank announces major UK expansion plans.
From Derbyshire to Devon, local groups are helping refugee families settle and integrate, offering vital support from housing to language. Discover how these compassionate schemes are building bridges.
UBS has captured over 22% of Swiss dealmaking fees in 2025, securing $305m and widening its lead after Credit Suisse's collapse. Discover the shifting landscape of investment banking.
A reader asked how her 69-year-old sister on benefits can get online. We explain social tariffs, free data schemes, and local help available for affordable internet access in the UK.
UK households borrowed an extra £2.1bn in November as the cost of Christmas bit. Credit card borrowing grew at 12.1% annually, the highest rate since January 2024. Read the full analysis.
People receiving Universal Credit may be missing out on thousands of pounds in additional support for bills and essentials. Discover the key discounts and funds available now.
Official data reveals UK consumer credit unexpectedly rose to £2.1bn in November, defying forecasts of a slowdown due to Budget unease. Mortgage approvals dipped slightly. Read the full analysis.
UK state pensioners could secure a £150 energy bill discount this winter. Learn the eligibility criteria and the crucial February deadline to claim your support.
The criminals behind Britain's largest ever benefits fraud, who stole £54m to fund lavish lifestyles, have been ordered to repay just a fraction. Read the shocking details.
Private equity firm Oakley Capital, backer of Time Out, secures a majority stake in loan administration leader GLAS. The £1bn+ deal signals major growth in private credit. Discover the details.
Analysts forecast global stock gains in 2026 but warn of top risks: an AI tech bubble bursting, Fed turmoil under Trump, and a private credit crisis. Explore the full economic outlook.
UK state pensioners could boost income by over £14,000 via Pension Credit and linked benefits. Check eligibility now to unlock vital support.
UK state pensioners will see a 4.8% increase in payments from April 2026, adding up to £575 annually for some. Find out how the Triple Lock affects your pension.
Kosovo votes in a snap parliamentary election to resolve a political crisis. PM Albin Kurti's party seeks a majority as the nation faces economic and diplomatic challenges. Read the latest.
Asylum seekers in Croydon are learning vital construction skills to gain employment and leave temporary hotel accommodation. A local initiative provides training and qualifications, fostering integration and hope.
A community workshop in Mitcham is helping asylum seekers escape hotel isolation by teaching construction skills and offering a path to employment. Discover how this initiative is building futures.
Los Angeles's film industry faces a crisis after strikes, tech shifts, and runaway production. Can new incentives and adaptation secure its future? Explore the data and insider views.
A mother avoided jail but must repay £16,558.61 in fraudulently claimed Universal Credit over 22 years after her children were removed. Read the full court details.
Full guide to when state benefits and pensions will be paid over the festive period. Check dates for Universal Credit, PIP, Child Benefit and more to manage your budget.
Amazon offers a 3-month free trial for Music Unlimited, plus a free Audible credit. Discover how to stream 100 million songs ad-free and claim this limited UK offer.
Nearly a million young people on Universal Credit must engage with new intensive support or face sanctions. The £820m plan aims to tackle rising NEET figures. Read the full details.
The UK government is offering 350,000 training and job opportunities to young people on Universal Credit, with potential benefit sanctions for non-engagement. This aims to tackle the near-million youth 'Neet' crisis.