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Monzo smashes £1bn revenue barrier as it reports second consecutive year of profit

UK fintech titan Monzo has announced its second consecutive year of profitability, with the neobank's…

By Staff

Yo! Sushi loses more than £20m as owner is bought in £500m deal

Restaurant chain Yo! Sushi recorded a pre-tax loss of £22.6 million in the 70 weeks…

By Staff

From fintech favourite to financial struggles: Starling Bank faces a tough road ahead

Over a decade ago, three fintechs burst onto the banking scene with ambitions to transform…

By Staff

Trainline’s CEO pay more than doubles to £5.6m after bumper year

Trainline has significantly increased the remuneration of its chief executive following a surge in profit…

By Staff

BoE rate-setter advocates for interest rate cut, predicts inflation spike will subside

A senior Bank of England rate-setter, Alan Taylor, has downplayed the recent surge in inflation…

By Staff

Barclays and HSBC shares jump after Trump’s legal blow to tariffs

Shares in FTSE 100 banking heavyweights surged on Thursday following a legal setback to President…

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John Lewis gets go-ahead to build hundreds of homes in West London

The John Lewis Partnership (JLP) has received the green light from Ealing Council to revamp…

By Staff

Fast fashion giant Shein eyes Hong Kong IPO as London listing stalls

Fast-fashion powerhouse Shein is reportedly planning a Hong Kong initial public offering (IPO) after failing…

By Staff

Starling Bank’s profits tumble as tougher competition takes toll

Veteran UK fintech Starling saw its annual profit decline in the last financial year, facing…

By Staff

HSBC intensifies European downsizing, slashing investment bank roles amid strategic Asian pivot

HSBC has reportedly made redundancies, letting go of over two dozen analysts within its investment…

By Staff

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