Sir Lynton Crosby's consulting firm CT Group has appointed Baroness Helena Morrissey as a non-executive director, City AM can exclusively reveal
HSBC is set to wind down parts of its investment banking operations across the UK, Europe and North America as part of a sweeping global restructuring plan under new chief executive Georges Elhedery. The move comes after Europe’s biggest lender revealed plans to make $3bn (£2.4bn) of cost savings last year and reorganise into four [...]
The boss of Trainline has outlined his European expansion plans as the online ticket giant faces government-backed competition at home.
The new chair of the competition watchdog has pledged to speed up its decision making and bring in outside expertise as part of plans to reshape the agency following months of criticism. Doug Gurr, a former Amazon executive who was parachuted in to lead the body after ministers ousted his predecessor last week, said “lengthy [...]
Global engineering firm Smiths Group has reported a cyber security incident involving unauthorised access to its systems. Upon detecting the breach, the firm promptly isolated the affected systems and activated its business continuity plans to mitigate disruptions. The company, known for its baggage screening equipment and explosive detectors, is collaborating with cyber-security experts to restore [...]
City firms should expect a “different relationship” with the Financial Conduct Authority (FCA) and fewer “detailed rules”, as the watchdog rows in behind the government’s drive for growth, its chief executive Nikhil Rathi has said. In an interview with the Following the Rules podcast, the FCA boss warned the regulator was being forced to “rigorously” prioritise its [...]
A deal to save troubled shipbuilder Harland & Wolff, which crashed into administration owing more than £160m last year, has been completed. The acquisition, first announced in December 2024, will save over 1,000 jobs. Spain-headquartered Navantia has acquired the business and assets of Harland & Wolff Group, which include all four operating yards in Belfast, Appledore, Methil [...]
Shareholders were informed on Tuesday morning that troubled listed legal group RBG Holding requested 'temporarily' suspension pending clarification of its financial position.
London estate agents Foxtons has reported double digit growth driven by market share gains in both sales and lettings. Revenue in the year ended December 2024 grew 11 per cent to £163m, from £147.1m in 2023, while adjusted operating profit grew 33 per cent to £19m, from £14.3m in 2023. Its share price rose nearly [...]
Newark, Delaware, January 27th, 2025, Chainwire Analog, the pioneers of blockchain interoperability Proof of Time protocol, has announced the completion of a $5M funding round...
India’s Prime Minister Narendra Modi shakes hands with former U.S. President Donald Trump before a …
Soperton, United States, January 27th, 2025, Chainwire LN Compute, a leader in Bitcoin hosting solutions, proudly announces the upcoming launch of its groundbreaking mining...
U.Today - The price action of XRP against leading cryptocurrency Bitcoin (BTC) has long been one of the main topics of crypto market discussion, and as it seems from recent...
Amazon has revealed where in the UK it intends to start launching Prime Air drone deliveries. The US tech giant has chosen Darlington as the first site and will now set about lodging planning applications with the local authority. Amazon added that it is also seeking clearance from the Civil Aviation Authority (CAA) for the [...]
U.Today - Major blockchain tracker Whale Alert, which tracks down large cryptocurrency transactions, has spread the word about a massive Dogecoin withdrawal spotted on the...