FCA fines Equifax £11m for role in cyber breach October 13, 2023 Britain's financial watchdog (FCA) said on Friday it had fined consumer credit rater Equifax £11m for its role in "one of the largest" cyber-security breaches in history.
St James’s Place shares plunge as wealth manager eyes fees overhaul October 13, 2023 Wealth manager St. James's Place could be set to slash its fees after pressure from regulators to fall in line with stringent new consumer rules.
London Stock Exchange: Why it’s not all doom and gloom for the City’s embattled bourse October 12, 2023 The London Stock Exchange has shown signs of life as new figures showed the capital topped European rivals in terms of cash raised by listed companies.
‘Get a new job’: Whistleblowing body under fire over lacklustre guidance October 12, 2023 A top whistleblowing group is facing criticism today after its boss said her top tip was to “get a new job” before blowing the whistle.
Is the great private equity raid on London over? October 10, 2023 A predicted deals raid in London by private equity firms may have already fizzled out this year as dealmakers turn their attention to the cheap unlisted firms, new research has suggested.
Government must ramp up ‘spin-out’ investment to capitalise on AI boom, top chief warns October 9, 2023 Government must ramp up investment in the UK’s ‘spin-out’ ecosystem to ensure Britain capitalises on a wave of artificial intelligence research and so-called deeptech coming out of universities, a tech chief has said.
Odey Asset Management looks to shut down wealth business October 9, 2023 Odey Asset Management plans to close down its wealth businesses after its eponymous founder stepped down amid a series of allegations against his behaviour.
Taskforce unveils UK ‘gold standard’ guidelines for firms to share green plans October 9, 2023 A Treasury taskforce has revealed its “gold standard” guidelines for companies to report their plans to tackle climate change.
Woodford investors take step closer to £230m payout after administrator’s takeover October 9, 2023 Burnt investors in Neil Woodford’s collapsed fund are a step closer to a £230m payout today after the management firm behind the failed vehicle was formally taken over.
Crypto firms braced for FCA clampdown on rogue marketing tactics October 6, 2023 Crypto firms are braced for a clampdown next week as the regulator rolls out a swathe of new rules designed to shut out rogue marketing tactics from the market.