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Shell posts 32% hit to earnings in second quarter amid volatile oil and gas prices

FTSE 100 heavyweight Shell suffered a sharp decline in earnings during the second quarter amid…

By Staff

Klarna secures UK banking licence to take on Monzo and Revolut

Swedish fintech Klarna has been granted an electronic money institution licence by the Financial Conduct…

By Staff

Revolut mulls China launch as fintech giant faces UK regulatory hell

UK fintech powerhouse Revolut is considering a bold move into the Chinese market, which would…

By Staff

Santander UK’s strategic overhaul leads to job cuts and branch closures

Santander UK has seen a significant increase in provisions as it aggressively pursues its transformation…

By Staff

HSBC profit plunges 29% amid China business write-downs, missing market forecasts

HSBC, Europe's largest lender, experienced a 29% annual drop in profit in the second quarter…

By Staff

Rathbones sees profit fall as it warns on first-half market turbulence

Rathbones has experienced a dip in profit due to volatile equity markets and rising costs,…

By Staff

Barclays CEO urges Rachel Reeves to reconsider bank tax hike amidst economic growth concerns

Barclays has joined the ranks of major banks issuing a stark warning to Rachel Reeves…

By Staff

Camera giant Canon sees UK losses almost triple as performance lags behind expectations

Losses have nearly trebled at the UK division of imaging and printing behemoth Canon, as…

By Staff

Astrazeneca sees demand for cancer drugs soar as it mulls US listing

Astrazeneca has announced a surge in revenue from cancer drugs amidst speculation that its boss…

By Staff

Shell’s profits to suffer due to price volatility and weak chemical demand

Shell is anticipated to announce reduced profits for recent months as the energy behemoth continues…

By Staff

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