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.
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.
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.
London-based fintech pioneer Wise reports 22% profit decline amid strategic shift to US primary listing, raising questions about UK's appeal to tech giants.
Germany's financial regulator BaFin imposes unprecedented penalty on banking giant JPMorgan over serious transaction reporting lapses spanning five years.
London Stock Exchange chief Julia Hoggett joins forces with former boss Xavier Rolet in urgent plea to Rachel Reeves to unlock Britain's investment potential and spark £100bn market boom.
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Chancellor Rachel Reeves has abandoned plans for a major banking tax raid following fierce industry lobbying, handing Britain's financial institutions a £4bn reprieve.
Leading British tech founders warn Rachel Reeves that proposed capital gains tax changes could cripple London's appeal for tech IPOs, threatening to drive startups overseas.
Goldman Sachs International's London staff costs surge to £2.8bn amid booming investment banking fees, while parent company reports stellar Q2 earnings.
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The UK's accounting watchdog has handed BDO a massive £6.5 million penalty after discovering the audit giant fabricated documents and misled investigators in the Aldermore Bank audit case.
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.
Reform UK chairman Richard Tice unveils radical plan to overhaul financial regulation, claiming current rules are stifling London's competitiveness and investment growth.
Lloyds Banking Group CEO Charlie Nunn urges regulators against imposing stricter capital requirements on traditional banks as the private credit market shows signs of strain, warning it could harm the UK economy.
LSEG vehemently denies allegations of misleading a data analytics company during its 2022 acquisition process, dismissing claims as 'opportunistic' and 'without merit' in ongoing legal battle.
Lambeth Council faces backlash after confirming the closure of its key welfare support service, leaving vulnerable residents without critical assistance for benefits, housing and debt issues.
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.
World stock markets experience dramatic downturn amid growing concerns that the artificial intelligence investment boom has reached unsustainable levels, wiping billions from company valuations.
Thousands of UK households could qualify for supermarket vouchers worth up to £15 through the Household Support Fund. Here's how to check eligibility and claim.
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.
Subprime lender Vanquis Banking Group faces a potential £7 million hit from the FCA's motor finance review, warning of 'material uncertainty' if the regulator doesn't change course.
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.
The world's largest inter-dealer broker reports strong first-half performance driven by market volatility, as strategic review of data services business continues.
Exclusive research reveals how a simple investment error is costing British newcomers thousands. Discover what the pros know that you don't.
A pioneering government initiative will connect homeless individuals with basic bank accounts, tackling financial exclusion and helping vulnerable people rebuild their lives.
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.
Sudanese government issues desperate plea for international intervention as ethnic violence escalates in Darfur, with reports of mass killings and systematic attacks against civilians.
Chancellor Rachel Reeves's recent speech promises economic stability, but experts warn it's built on precarious foundations. Analysis reveals the hidden risks in her fiscal strategy.
Football finance experts reveal Chelsea have built a significant £150 million buffer that could protect them from substantial penalties despite ongoing Financial Fair Play investigations.
Amidst ongoing crises, an intricate web of informal care continues to sustain vulnerable people across the UK, revealing the hidden resilience of our social fabric.