Banks and Finance

George Osborne’s investment business makes £50m profit

George Osborne’s investment business makes £50m profit

Business
Robert Johnson

An investment business chaired by George Osborne made a profit of more than £50m in its first year under the former Chancellor’s ...

How Gordon Brown could tempt Labour into a stealth ‘mortgage tax’

How Gordon Brown could tempt Labour into a stealth ‘mortgage tax’

Business
Robert Johnson

Paul Tucker, a former deputy governor of the Bank, argued in an influential 2022 paper that the scale of the payments caused ...

How to leave the UK – and keep your finances in order

How to leave the UK – and keep your finances in order

Business
Robert Johnson

Faced with a perfect storm of rising taxes and falling living standards, many more people are looking to up sticks and head ...

London stockbroker’s US operations shut after Deutsche Bank takeover

London stockbroker’s US operations shut after Deutsche Bank takeover

Business
Robert Johnson

Earlier this month the German bank moved Numis’s UK analysts into its new London office, while 15 members of Deutsche’s equity sales ...

Nigel Farage accuses NatWest lawyers of cover up in debanking row

Nigel Farage accuses NatWest lawyers of cover up in debanking row

Business
Robert Johnson

Nigel Farage has claimed “the cover up continues” over the truth behind his debanking scandal as he accused lawyers acting for NatWest ...

Crunch meeting at Thames Water amid scramble for £750m

Crunch meeting at Thames Water amid scramble for £750m

Business
Robert Johnson

If the company is put into special administration, it is estimated that as much as £5bn of financial support would be needed to ...

HSBC shares plunge after China crisis sparks ‘messy’ quarter

HSBC shares plunge after China crisis sparks ‘messy’ quarter

Business
Robert Johnson

In April 2020 – at the height of the pandemic – it sank 9.5pc, while it fell 19pc in March 2009 during ...

Deutsche Bank orders managers back to the office four days a week

Deutsche Bank orders managers back to the office four days a week

Business
Robert Johnson

Deutsche Bank has become the latest big company to crackdown on working from home, ordering managers back to the office four days ...

Two of Britain’s biggest investments banks combine amid London stock market slowdown

Two of Britain’s biggest investments banks combine amid London stock market slowdown

Business
Robert Johnson

Mr Bhoma said some minimal job losses were expected as a result of staff overlaps but said most of the cost reductions ...

Billionaire Tory donor Alan Howard shares in £268m pay day from hedge fund

Billionaire Tory donor Alan Howard shares in £268m pay day from hedge fund

Business
Robert Johnson

The billionaire Tory donor Alan Howard shared a £268m pay out from his hedge fund last year as bets on interest rates ...