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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

The Telegraph set to be sold in £500m deal after two years of uncertainty

The Daily Telegraph is set to be acquired by an investment consortium spearheaded by US…

By Staff

BT hikes dividend as profits rise – but shares fall on gloomy outlook

BT has announced an increase in its dividend payout to shareholders following a reported rise…

By Staff

Poundland set to be sold by Pepco for just £1 as discount retailer struggles

Pepco, the discount retail giant, is planning to offload its Poundland business by September as…

By Staff

Rio Tinto boss announces he will step down after four years with mining giant

Jakob Stausholm, the chief executive of Rio Tinto, is poised to step down from his…

By Staff

Harry Potter publisher’s profits fall by fifth despite rise in sales

Profit at the illustrious Bloomsbury Publishing, widely recognised for their Harry Potter series, faced a…

By Staff

Investec profit soars to more than £1bn as lending and deposits rise

Investec has reported a surge in profit to over £1bn for its latest financial year,…

By Staff

Tate & Lyle declares ‘transformation complete’ as it lifts profits after CP Kelco deal

Tate & Lyle, the FTSE 250 firm, has reported a rise in profits and free…

By Staff

HSBC staff warned their bonuses will be slashed if they don’t return to the office

HSBC has issued a stark warning to its UK retail staff: fail to meet the…

By Staff

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