October 6, 2020

Taxpayers could lose billions in bounce back loans to fraudsters

Taxpayers face losses of as much as £26bn on coronavirus "bounce back" loans that cannot be repaid or are the subject of fraud, the spending watchdog has found.
October 6, 2020

Small restaurants accuse Deliveroo of unfair commission rates

Small restaurants are accusing Deliveroo of unfairness and claim the delivery app is charging some large chain restaurants significantly lower commission rates than many small independent partners.
October 6, 2020

Banking lobby group picks Postings as new chief after sexism row

Britain's main banking lobby group will on Wednesday name David Postings as its next boss with a brief to help steer the industry through the remainder of the coronavirus crisis.
October 6, 2020

Banking lobby group picks Postings as new chief after sexism row

Britain's main banking lobby group will on Wednesday name David Postings as its next boss with a brief to help steer the industry through the remainder of the coronavirus crisis.
October 6, 2020

‘This calamity is far from over’ IMF chief warns

The global economy is in "less dire" shape than it was earlier this year but now faces a "long, uneven and uncertain" road to recovery, the head of the International Monetary Fund has said.
October 6, 2020

Scotland funding row: SNP told to reveal exactly where cash from Westminster will be spent

THE SNP has been asked to reveal exactly how millions of pounds worth of funding from Westminster will be spent as they admitted Scotland will face economic difficulties until at least 2023.
October 6, 2020

Tesco raids Tate & Lyle to land new finance chief

Tesco will on Wednesday complete the overhaul of its top executive team by raiding Tate & Lyle to recruit its new finance chief.
October 6, 2020

Virgin Money to axe 400 jobs at head office locations

Virgin Money is to cut up to 400 jobs in the latest phase of its cost-cutting plans following its tie-up with Clydesdale and Yorkshire banking group (CYBG).
October 6, 2020

Insurtech Hometree targets growth with Anthemis backing

A prominent insurtech company backed by some of London's leading financiers is raising a further round of funding to capitalise on its growth during the coronavirus crisis and pricing reforms introduced by the City regulator.
October 6, 2020

End of an era as Chrysaor flies to the rescue of Premier Oil

The North Sea is generally regarded as one of the world's most mature oil and gas resources.
October 6, 2020

Hollywood is creating a void like the one that permanently stunted European film after Spanish flu

What Hollywood studio bosses seem not to realise is that they're trying to save US$1 billion but could lose ten times as much as a result.
October 6, 2020

City watchdog bans crypto investments ‘akin to gambling’

Financial products based on the price of Bitcoin and other cryptocurrencies are to be banned from sale to retail consumers by the City watchdog.