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British banks axe huge number of workers in bid to modernise and compete with challengers
In 2024, British bankers faced significant job cuts as UK lenders experienced the sharpest decline…
Barclays shares rise as bank unveils new buyback plans after income surge
Barclays has unveiled plans to transition to a quarterly share buyback programme following the firm's…
Nestle to axe 16,000 global jobs in cost-cutting drive over next two years
Nestle has revealed plans to axe some 16,000 positions globally over the coming two years,…
IG Group sells small exchange to Kraken for £75m, bolsters crypto trading capabilities
Investment broker IG has offloaded its futures exchange platform, Small Exchange Inc, as part of…
Dazn to launch new subscription product for pay-per-view events
Dazn will unveil comprehensive details of its new premium subscription offering next month, which will…
Satsuma appoints Playtech’s Andrew Smith as CFO for Bitcoin treasury strategy
Satsuma Technology has announced the appointment of a new chief financial officer as part of…
Salesforce strengthens ties with OpenAI and Anthropic for enterprise AI ambitions
Software behemoth Salesforce is strengthening its alliances with AI powerhouses OpenAI and Anthropic to enhance…
Silver prices hit first record in 45 years as short squeeze adds to rally
Silver prices took a step back on Tuesday, following their first record high in over…
Royal Mail fined £21m by Ofcom for failing to meet delivery targets
Royal Mail has been slapped with another substantial penalty for missing its delivery performance standards.…
Graham Norton pay packet slashed as production company says show ‘can’t compete’
Graham Norton's substantial salary has been reduced following a decline in revenue and profit for…
Dubai chocolate and cola bottle Jaffa Cakes help boost McVitie’s owner Pladis as it posts record £3.2bn revenue
The food giant behind brands including McVitie’s and Jacob’s has seen revenues soar past £3bn…
Close Brothers slams FCA over motor finance scandal as it hikes provisions by £135m
Close Brothers has expressed increased frustration with the City watchdog after being compelled to nearly…
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