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finance

  • Wells Fargo profit falls as customers cash in on higher interest rates

    April 12, 2024

    Wells Fargo outperformed market expectations in the first quarter of the year despite reporting a hefty fall in interest income.

  • Services trade sees UK become world’s fourth largest exporter

    April 9, 2024

    The UK has become the world’s fourth largest exporter thanks to a boost in services, fresh trade figures have shown.

  • S&U channels Marcus Aurelius as motor finance lender says it will ‘wrestle on’

    April 9, 2024

    The specialist auto and property lender has posted a fall in annual profit and lowered its dividend as the firm grapples with higher costs and regulatory pressures.

  • Red Engine: Flight Club Darts and Electric Shuffle owner secures £60m boost

    April 9, 2024

    Red Engine, the company behind Flight Club Darts and Electric Shuffle, has agreed a £60m funding boost to help it expand further across the globe.

  • Unleashing The Future Of Finance: IFGS 2024 Beckons

    April 3, 2024

    The UK has long been celebrated as a global leader in FinTech and financial innovation.  8 out of every 10 adults in the UK are currently using at least one FinTech tool on a regular basis; nearly 60% of all SME lending across the UK is being done by FinTechs and alternative lenders; and the [...]

  • Complaints over misselling of suitable financial advice skyrockets

    April 3, 2024

    The number of complaints against financial advisers for misselling in the suitability of advice in the 2022/23 financial year reached 884, compared to just 570 in the previous year, analysis from Oxford Risk revealed.

  • Former Tottenham Hotspur owner Lewis set to be sentenced this week over insider trading

    April 1, 2024

    The former owner of Tottenham Hotspur Joe Lewis is this week set to be sentenced after pleading guilty to insider trading in the United States. The 87-year-old Londoner is due to learn his fate on Thursday 4 April when his sentence is handed down by US district judge Jessica Clarke in New York. He pleaded [...]

  • Rachel Reeves to promise Treasury reform as Labour party promises ‘new chapter’ for Britain

    March 19, 2024

    Labour’s Rachel Reeves will unveil plans for a “new chapter” for Britain’s economy alongside reform to the Treasury as she delivers the prestigious Mais lecture.

  • DFS issues Red Sea delivery delays warning as furniture giant slashes expectations

    March 19, 2024

    DFS has warned that the ongoing chaos in the Rea Sea could continue to impact its balance sheet as it revealed a reduced financial performance.

  • UK consultancy market expected to flatline in 2024, after a dive in growth last year

    March 18, 2024

    The UK’s consulting market grew by 4.7 per cent across 2023 to revenues of £15.2bn, which was down on the 15.6 per cent growth recorded over 2022.

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