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News

  • April 12, 2024

JP Morgan profit surges on higher rates and First Republic purchase

JP Morgan’s profit surged above expectations to $13.4bn in the first quarter of this year, up from $12.6bn a year earlier, thanks to higher interest rates and its takeover of First Republic. Revenue

  • April 12, 2024

Bank of England commits to ‘once in a generation’ reform after Bernanke review

The review, launched last summer, was led by Ben Bernanke, who chaired the Federal Reserve between 2006 and 2014.

  • April 12, 2024

Do today’s GDP figures really show improvement in the UK economy?

Today's release of figures on the UK economy figures feels like a big deal, with people proclaiming the end of recession. Is that right?

  • April 12, 2024

Exclusive: Fallout at Garrick Club over legal advice from Lord Pannick on admitting women

There has been weeks of backfire against the club after it was revealed all of the legal professionals - including judges - who were members of the London’s men-only club.

  • April 12, 2024

Demand for Nissan’s Qashqai helps UK sales drive past £5bn

Based out of its Sunderland factory, Nissan's UK arm has reported its sales increased from £3.6bn in the year to March 31, 2023, while its pre-tax profits went from £35.6m to £31.9m.

  • April 12, 2024

Former Deloitte lawyer cleared by disciplinary tribunal

Following the conclusion of the case, the Tribunal found that the allegations against him were not proven.

  • April 12, 2024

Crunch time: Cérélia forced to sell Jus-Rol after court dismisses appeal

French pastry maker Cérélia has been ordered to sell frozen pastry Jus-Rol after losing an appeal against the competition watchdog. US based food company General Mills, which owns Jus-Rol, announced

  • April 12, 2024

Regulator warns firms over provisions for motor finance claims

It said it had "observed firms taking different approaches to account for the potential impact of previous use of DCA on their financial resources."

  • April 12, 2024

UK and Korea prepare for second AI safety summit in Seoul

The UK and the Republic of Korea are gearing up for the second Artificial Intelligence (AI) Safety Summit, set to be held in Seoul on 21 and 22 May.

  • April 12, 2024

Ferrero Rocher, Nutella and Kinder Surprise owner hails sales surge

UK sales have surged past £500m at the owner of confectionary brands such as Ferrero Rocher, Nutella and Kinder Surprise, according to new accounts.

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