InvestingDIY investors app PrimaryBid gives up on UK marketMarch 9, 202452A tech platform for armchair investors is poised to axe its UK consumer app after a dearth of deals in...
FundsUS Treasury official pushes Lebanon to halt the flow of funding to HamasMarch 9, 2024106A top U.S. Treasury official has pressed Lebanese authorities to prevent funds from being funneled to Hamas by way of...
EconomyAndrew Bailey hands Bank of England staff inflation-beating pay riseMarch 8, 202496Andrew Bailey has awarded an inflation-beating pay rise to Bank of England staff, despite repeatedly telling workers they should not...
BankingRevolut investor slashes $5bn off valuationMarch 8, 2024123A Revolut shareholder has written billions off the company’s valuation as the wait for Britain’s most valuable fintech to gain...
EconomyGlobal markets rally as US interest rate cuts ‘not far’March 8, 202493Thanks for joining me. European markets are poised to open higher amid signs that the US Federal Reserve may soon...
BankingBig banks face new threat from the ghost of Northern RockMarch 8, 202484Shore Capital analyst Gary Greenwood says: “You have got subscale operators that are struggling to earn a decent return. So...
BankingBritain faces £60bn black hole, claim City bankersMarch 7, 202498Thanks for joining me. Jeremy Hunt has been accused of failing to spread “fairy dust” on his Budget by a...
BankingEurope’s economy has stalled. But an interest rate cut will likely have to wait for summerMarch 7, 2024140FRANKFURT, Germany (AP) — Inflation in Europe is way down from its painful double-digit peak, and the economy has stalled....
EconomyWorklessness crisis to deepen as migration surgesMarch 6, 2024129Tom Josephs, an OBR official, said: “Migrants will be using public services, but there’s no automatic link between population and...
CryptocurrencyBitcoin’s record high means a record crash is inevitableMarch 5, 202447Look beneath the bonnet, however, and you find that the frothiness in markets is quite narrow and well defined. In...