All institutions come with the baggage of history, but good can still be done November 9, 2023 There are no easy answers – and none that will satisfy everybody – to settling historic ‘bills’ for involvement in the slave trade. Under pressure for a number of years, Lloyds of London announced yesterday a £50m investment in diversity and inclusion initiatives that it hopes will open the door of the insurance market to [...]
High street banks pull back lending to small firms as funding gap widens November 9, 2023 High street banks are pulling back from lending to small and medium-sized enterprises (SMEs) while demand for capital is set to rise, according to a survey of more than 100 brokers.
Airbus UK boss: Europe must march in step on defence in the face of conflict November 9, 2023 Airbus UK chairman says when countries work together, governments get the product they want — and revenues
The Big Four plan to cut 1,800 jobs – but are there more layoffs to come? November 9, 2023 The Big Four firms - KPMG, PwC, Deloitte and EY - have confirmed plans for nearly 1,800 jobs cuts this year. Is that the end or will the layoffs continue?
Reach embraces TikTok after slashing over 2,000 jobs since 2010 November 8, 2023 Reach, owner of the Mirror and Express papers, is looking to hire social media influencers after it announced its largest mass culling of jobs since 2020 today. It comes as the British publisher has cut more than 2,000 roles since 2010.
Worst corporate jargon of the week: GFC November 8, 2023 Fresh-faced finance bros in the City have breathed new life into a term for 2008 financial crash.
Rail strikes: Union boss Lynch warns of more walkouts after King’s Speech November 8, 2023 RMT union boss Mick Lynch vows to continue fighting the government over pay and jobs
Large cap cryptocurrencies trading above key levels while Wall Street gains continue November 8, 2023 Bitcoin is up more than 2% in the last 24 hours, trading firmly above the $35,000 threshold it has tested several times in the last few weeks.
Wetherspoons reveal their Christmas menu and it’s a depressing sight November 8, 2023 Wetherspoons has unveiled its Christmas menu for 2023 and it comes with an alcoholic drink
What are AT1 bonds and why has UBS started selling them? November 8, 2023 AT1s were designed in part to make it less likely that the taxpayer would have to bail out a failing bank