Category: News Wire

New FCA penalty brings bank’s fines to £500m since 2009 after its wealth management arm ignored its own processes in a sensitive £1.9bn deal

A month after the High Court ruled Uber can operate in its current form, London’s black taxis will now all accept card payments

HSBC UK is upping the ante on its gender equality initiatives by announcing a new “50/50 recruitment target” to have half of senior management roles occupied by women.

Hundreds more jobs are to go, businesses will be sold off and there could yet be further profit falls, the new boss of Rolls-Royce has admitted after going to the City to apologise for the foul-up of five profit warnings in twenty months that have wiped more than £12 billion off the value of the engineering giant.

Analysis of 105 banks by European Banking Authority raises concerns over ‘drag on profitability’ from non-performing loans

Bank of England’s chief economist notes that growth in personal loans is ‘picking up at a rate of knots’

Willie Walsh launched a fresh attack on Britain’s “rip-off” airports yesterday, warning that a third runway at Heathrow would turn it into an expensive white elephant.

Standard Life, which owns 1.5% of bank, predicts enhanced shareholder value if it moved to avoid greater regulation

The premium food delivery app has closed its third funding round this year, bringing its total raised in 2015 to $195m

Pfizer and Allergan have announced the biggest healthcare deal in history, in a $160 billion (£105 billion) merger that propels the combined company to the top of the “big pharma” league table and creates the world’s biggest player by sales.

Can a new bed design boost business traveler productivity? That’s the promise behind Virgin Hotels’s latest patent.

Debenhams squeezes suppliers in the run up to Christmas for the second time in three years

Survey by trade union Usdaw reveals more than half of shop assistants suffered abuse last year

New director-general may waver over pay but Europe is still a sticking point

Airport’s bosses argue that the Davies commission failed to assess the economic benefits of enlarging Gatwick