9.3 C
London
Saturday, October 17, 2026

TAG

Banking

Pension scam signs near record highs as 7 in 10 transfer requests

The rate at which pension transfers demonstrated signs of a scam soared in March, as XPS Pension Group’s Scam Flag Index showed that 70% of transfer requests made across the month exhibited indicators… The post Pension scam signs near record highs as 7 in 10 transfer requests appeared first on London Business News | Londonlovesbusiness.com.

Four-day work week to be tested in the UK as Brits look for more flexible work-life hours

The UK labour market is currently navigating an acute stage of flux, with a landmark study from Theta Global Advisors, a consultancy and accounting disruptor, showing that 57% of Brits… The post Four-day work week to be tested in the UK as Brits look for more flexible work-life hours appeared first on London Business News…

Asset finance new business fell by 2% in February 2022

New figures released today by the Finance & Leasing Association (FLA) show that total asset finance new business (primarily leasing and hire purchase) fell in February 2022 by 2% compared… The post Asset finance new business fell by 2% in February 2022 appeared first on London Business News | Londonlovesbusiness.com.

The Royal Mint partners with Quintet Private Bank to introduce the use of recycled gold in an exchange-traded commodity

The Royal Mint today announced that it has partnered with Quintet Private Bank to introduce the use of recycled gold in an exchange-traded commodity (ETC). The Royal Mint Physical Gold… The post The Royal Mint partners with Quintet Private Bank to introduce the use of recycled gold in an exchange-traded commodity appeared first on London…

Government pockets £1.2bn from NatWest sale

NatWest has bought back £1.2 billion of shares from the UK government, it announced today. Alison Rose, chief executive, said: “Reducing government ownership below 50 per cent is an important… The post Government pockets £1.2bn from NatWest sale appeared first on London Business News | Londonlovesbusiness.com.

Australia targets all ‘Russian government entities responsible for issuing and managing Russia’s sovereign debt’

The Australian government have imposed sanctions against a further 11 Russian banks and state entities managing Russia’s sovereign debt, the Australian Foreign Ministry said. The updated sanctions list includes the… The post Australia targets all ‘Russian government entities responsible for issuing and managing Russia’s sovereign debt’ appeared first on London Business News | Londonlovesbusiness.com.

Novus selected for FCA’s latest ‘Green FinTech Challenge’ initiative

UK impact neobank Novus has been accepted into an ongoing initiative created by the Financial Conduct Authority (FCA) in a bid to continue developing innovative products and services that will… The post Novus selected for FCA’s latest ‘Green FinTech Challenge’ initiative appeared first on London Business News | Londonlovesbusiness.com.

Kremlin are in ‘shock’ as Russia is the poorest country in Europe and will be ‘effectively bankrupt by next week’

The World Bank has warned that Russia could be left effectively bankrupt by next week and Moscow may be forced to default on their foreign debts. The Kremlin has expressed… The post Kremlin are in ‘shock’ as Russia is the poorest country in Europe and will be ‘effectively bankrupt by next week’ appeared first on…

JP Morgan excludes all Russian corporate and sovereign bonds from its bond indices

American bank JP Morgan have announced that from 31 March they will exclude all Russian corporate and sovereign bonds from its bond indices, this will also affect Belarusian bonds. Russian… The post JP Morgan excludes all Russian corporate and sovereign bonds from its bond indices appeared first on London Business News | Londonlovesbusiness.com.

The Bank of England may be expecting the UK’s inflation rate to peak at over 7% this spring

The Bank of England (BoE) may be expecting the UK’s inflation rate to peak at over 7% this spring, but many workers are taking a more pessimistic view – predicting… The post The Bank of England may be expecting the UK’s inflation rate to peak at over 7% this spring appeared first on London Business…

Latest news