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News

  • April 16, 2024

MPs to vote on Rishi Sunak’s bill to create ‘smokefree generation’

MPs will vote on Rishi Sunak’s landmark bill to create a “smokefree generation” in the House of Commons later today.

  • April 16, 2024

Vinted: How a simple wardrobe frustration turned into a £3bn secondhand brand

If you haven’t heard of it, odds are you will soon. Vinted is the secondhand marketplace that has become a staple for fashion-conscious Londoners on a budget.

  • April 16, 2024

Morgan Stanley sails past estimates as investment banking rebound boosts profit

Morgan Stanley's profit has been lifted by a recovery in investment banking as the firm joins fellow Wall Street giants in benefitting from a rebound in dealmaking and capital markets activity.

  • April 16, 2024

Sexually explicit ‘deepfakes’ to become a criminal offence

This comes after the Government made reforms in the Online Safety Act last year to criminalise the sharing of ‘deepfake’ intimate images for the first time.

  • April 16, 2024

De La Rue: ‘Welsh Wizard’ investor hoping to cast spell over banknote maker’s shares

An investor known as the 'Welsh Wizard' in City of London circles has increased his stake in De La Rue, the company that makes UK passports and banknotes.

  • April 16, 2024

Bank of America’s profit hit by fall in interest income but dealmaking arm shines

Bank of America has reported a fall in profit during the first quarter as its income from interest payments dropped, although the blow was cushioned by improved trading from its investment banking and

  • April 16, 2024

Rachel Reeves tells the City she wants to close gender pay gap if she becomes first female chancellor

Shadow Chancellor Rachel Reeves said Labour is "under no illusions about the scale of challenge Labour will inherit."

  • April 16, 2024

The cheapest stocks in the cheapest market: UK small caps set to shine with earnings growth

The smaller companies in the UK have had a rough time of it recently, with the FTSE Smallcap index down 8.4 per cent over the last two years, compared to a rise of around four per cent for the FTSE 10

  • April 16, 2024

Nationwide and Virgin Money face mounting opposition to £2.9bn merger

Nationwide's bid to acquire high-street rival Virgin Money is facing mounting opposition from members and analysts ahead of a shareholder vote.

  • April 16, 2024

‘It is a national disaster’: Copenhagen’s historic Stock Exchange engulfed in flames

Footage on social media showed the fire engulfing much of the building, with the famous spire collapsing onto the road below.

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