UK businesses miss out on £9bn in bank interest
Traditional banks short-change UK SMEs on savings rates, costing small firms billions annually. Allica Bank offers solution with 4.08% interest and cashback.
Category : Search result: Fjord Bank acquisition
Telegraph takeover collapses, future uncertain
The £500m RedBird IMI takeover of The Telegraph has collapsed, leaving the media group's future uncertain and raising questions about its inflated valuation. Discover what happens next.
RedBird drops £500m Telegraph bid over China links
RedBird Capital consortium withdraws £500m Telegraph offer following newsroom opposition and scrutiny over China connections. Explore the implications for the media group's future.
Lloyds clinches £120m deal for digital wallet Curve
Lloyds Banking Group acquires fintech Curve for £120m despite investor fury over price and governance. Get the latest on this controversial UK banking deal.
BMLL Reports £14m Loss Before Nordic Capital Acquisition
Market data firm BMLL recorded a £14.3m pre-tax loss in 2023 while securing a takeover by Nordic Capital. Discover the strategic implications for financial technology.
Nationwide's 18 London Branches Safe Until 2030
Nationwide Building Society confirms 18 London branches will remain open until at least 2030 as part of its 'last branch in town' pledge, bucking the UK's bank closure trend.
ABN Amro Buys NIBC Bank from Blackstone
Dutch banking giant ABN Amro acquires NIBC Bank from Blackstone in strategic expansion. Deal strengthens commercial banking presence with €672 million transaction.
Sony writes off £155m from Bungie acquisition
Sony admits its £2.7 billion Bungie buyout has underperformed, recording a £155m loss as Destiny 2 struggles. Can the delayed Marathon reboot turn things around?
Howden Buys Evelyn Partners Employee Benefits Business
Insurance broker Howden agrees to acquire Evelyn Partners' employee benefits consultancy for an undisclosed sum. The deal, set for Q1 2026, expands Howden's UK corporate health offerings.
Atletico Madrid valued at £2.2bn after Apollo deal
Atletico Madrid has been valued at £2.2bn after US firm Apollo Global Management acquired a majority stake. Discover how this private equity move reshapes European football.
Bank of England holds rates in knife-edge decision
The Bank of England has kept interest rates at 5.25% after one of the closest votes in recent history, with policymakers split on the best course for the UK economy.
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.
Bank of England Holds Interest Rates at 5.25%
The Bank of England maintains interest rates at 5.25% amid political pressure and economic uncertainty, setting the stage for a crucial budget announcement from Rachel Reeves.
BT Bets on Budget Provider Amid Broadband Customer Losses
BT Group makes strategic move to acquire budget broadband provider Plusnet amid ongoing customer losses and intense market competition. Discover how this acquisition aims to bolster BT's market position.
BDO fined £6.5m for fake audit evidence
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.
Bank of England Holds Interest Rates at 5.25%
The Bank of England maintains interest rates at 5.25% as Governor Andrew Bailey signals caution on inflation. Markets react as pound stabilises and budget concerns loom.
FTSE 100 Soars as Bank of England Holds Interest Rates
London's FTSE 100 surged to record highs while the Bank of England kept interest rates steady. AstraZeneca and Sainsbury's impressed with robust earnings in a dramatic trading session.
Blair Institute Urges Bank of England Growth Focus
Influential think tank calls for fundamental reform of Bank of England mandate, arguing current focus on inflation is stifling UK economic growth and investment.
Bank of England Urged to Cut Rates Immediately
Leading economists and business groups demand urgent rate cuts from the Bank of England as UK economy shows signs of strain and inflation fears ease.
Kimmel slams food aid cuts at UK food bank
American talk show host Jimmy Kimmel uses London platform to condemn SNAP benefit reductions while volunteering at food bank, highlighting growing poverty crisis.
Lloyds Boss: Don't Penalise Banks Amid Private Credit Jitters
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 rejects deception claims in data firm acquisition
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.
Bank of America targets mega-deals in banking expansion
Bank of America reveals ambitious expansion plan for its London investment banking division, focusing on large-scale M&A transactions and equity capital markets growth to capture market share.
V&A East Museum opens 25 March 2025 in Olympic Park
London's monumental new V&A East Museum in Queen Elizabeth Olympic Park announces its 25 March 2025 opening with groundbreaking exhibitions celebrating global creativity and fashion history.
UK launches banking scheme for homeless people
A pioneering government initiative will connect homeless individuals with basic bank accounts, tackling financial exclusion and helping vulnerable people rebuild their lives.
RBA's sporting cliches fail struggling Australians
As the Reserve Bank governor deploys football metaphors, new data reveals Australian households are being pushed to breaking point by relentless rate hikes and soaring living costs.
Bank of England Holds Interest Rates at 5.25%
The Bank of England maintains interest rates at 5.25% amid inflation concerns. Discover how this decision impacts mortgages, savings, and the UK economy in our comprehensive analysis.
Shonky Awards 2025: Australia's Worst Companies Exposed
Australia's most dubious consumer products and services have been exposed in the annual Shonky Awards, with banking giants, online marketplaces and health funds facing scrutiny for questionable practices.
Rachel Reeves: Labour's Economic Strategy Revealed
Exclusive analysis of Rachel Reeves's economic strategy as she prepares for potential Treasury role. Discover how the former Bank of England economist plans to rebuild Britain's economic credibility.
RBA holds interest rates despite inflation surprise
The Reserve Bank of Australia defies expectations by keeping interest rates steady despite unexpected inflation pressures. What this means for mortgages and the economy.
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