Standard Chartered is set to pay £46.5m after it failed to cooperate with regulators at the Bank of England. “We expect firms to notify us promptly of any material issues… The post Standard Chartered fined £46.5m over reporting failures appeared first on London Business News | Londonlovesbusiness.com.
Taxpayers who file their tax returns online by the 30 December may be able to enjoy a Christmas bonus, say accountancy firm Blick Rothenberg. Stefanie Tremain, a director at the… The post Taxpayers could receive a Christmas bonus appeared first on London Business News | Londonlovesbusiness.com.
GlaxoSmithKline today announced that Sir Dave Lewis has been appointed as Non-Executive Chair Designate of the new Consumer Healthcare company which will result from the proposed demerger from GSK in… The post Ex-Tesco CEO Sir Dave Lewis to head GlaxoSmithKline’s healthcare arm appeared first on London Business News | Londonlovesbusiness.com.
The investment arm of the Qatari state is bankrolling Rolls-Royce’s plans to build small modular nuclear reactors (SMRs). The Qatar Investment Authority (QIA) will invest £85m for 10% of the… The post Qatar to invest in Rolls-Royce’s small nuclear reactor project appeared first on London Business News | Londonlovesbusiness.com.
Footfall on and near London’s Oxford Street, the country’s biggest shopping district, was 17% below pre-pandemic levels, according to the New West End Company, which represents about 600 shops. Shopping… The post London’s West End footfall 29% below pre-pandemic level appeared first on London Business News | Londonlovesbusiness.com.
HarbourVest Global Private Equity, a closed-end investment company, today announces its estimated Net Asset Value (“NAV”) at 30 November 2021. HVPE provides a complete private equity solution for public investors,… The post HarbourVest Global Private Equity NAV per share rises 3.4% over November appeared first on London Business News | Londonlovesbusiness.com.
Ineos Olefins & Polymers Europe and Plastic Energy have today announced that they are working together on a trial to convert ‘hard to recycle plastic material’, such as flexible packaging,… The post Ineos and Plastic Energy begin trial to convert ‘hard to recycle plastic material’ appeared first on London Business News | Londonlovesbusiness.com.
The past 12 months have been a bit of a mixed bag from a portfolio point of view. The American, Indian, German and French stock markets all set new all-time… The post The five investment trends that really mattered in 2021 (and that could influence 2022) appeared first on London Business News | Londonlovesbusiness.com.
After battling endless headwinds in recent weeks, markets have finally been knocked over as the rapid spread of Omicron finally reaches panic mode. Tighter restrictions across parts of Europe and… The post Omicron fears accelerate and lead to sharp decline in European and Asian shares appeared first on London Business News | Londonlovesbusiness.com.
HSBC has been fined nearly £64m for failings in its anti-money laundering processes. The Financial Conduct Authority said it had found “seriou s weakness” in key parts of HSBC’s transaction… The post HSBC slapped with nearly £64m fine appeared first on London Business News | Londonlovesbusiness.com.