UK Banks Lead the Way in Shareholder Payouts, Dividing Nearly £14 Billion in 2023

UK Banks Lead the Way in Shareholder Payouts, Dividing Nearly £14 Billion in 2023

HSBC topped dividend payments as banks benefitted from higher interest rates In 2023, UK banks dominated dividend payments, handing out £13.8 billion to shareholders –... Details
Over a Quarter of Global CEOs Fired in 2023, Study Finds

Over a Quarter of Global CEOs Fired in 2023, Study Finds

CEO turnover rates rise amid increasing pressures, while the UK lags on gender parity in top firms A new study has revealed that more than... Details
Matalan Slashes Prices of Hundreds of Products in £35 Million Investment

Matalan Slashes Prices of Hundreds of Products in £35 Million Investment

Fashion and homeware chain lowers costs on over 700 items as inflation and input costs fall. Matalan, the UK-based fashion and homeware retailer, has announced... Details
Interest Rates Nearing Their Peak, Says Bank of England Governor

Interest Rates Nearing Their Peak, Says Bank of England Governor

Andrew Bailey signals the end of the rate hike cycle but hints at possible further increases Bank of England Governor Andrew Bailey has suggested that... Details
Coffee Shop Struggles with Rising Operational Costs:

Coffee Shop Struggles with Rising Operational Costs:

Inflation and Wage Hikes Pose Financial Strain for Small Business Owners Lee Howard, who transitioned from being a painter and decorator to the owner of... Details
Mortgage Rates Continue to Fall Despite City Predictions of Further Bank of England Hikes

Mortgage Rates Continue to Fall Despite City Predictions of Further Bank of England Hikes

Halifax leads the way with price cuts as markets expect interest rates to peak higher than previously anticipated. Mortgage rates are continuing to decrease, even... Details
Pockit CEO Says Nigel Farage Can Open Account Despite Political Views, as Fintech Announces $10 Million Funding Raise

Pockit CEO Says Nigel Farage Can Open Account Despite Political Views, as Fintech Announces $10 Million Funding Raise

London-based fintech Pockit commits to serving underserved customers, including politically exposed persons, with a new $10 million in funding The CEO of Pockit, a London-based... Details
Irn-Bru Supply at Risk as Staff Vote for Strike Action Over Pay Dispute

Irn-Bru Supply at Risk as Staff Vote for Strike Action Over Pay Dispute

Union Warns of Potential Shortage of Soft Drink Products Following Rejection of Pay Offer Supplies of Irn-Bru could be at risk this summer after workers... Details
Billionaire Joe Lewis Denies Insider Trading Allegations in Manhattan Court

Billionaire Joe Lewis Denies Insider Trading Allegations in Manhattan Court

Tottenham Hotspur Owner Faces Serious Fraud Charges Over Leaked Corporate Information Joe Lewis, the British billionaire and owner of Tottenham Hotspur through his family trust,... Details
Cost-of-Living Squeeze Puts Pressure on Mortgage Holders, Survey Finds

Cost-of-Living Squeeze Puts Pressure on Mortgage Holders, Survey Finds

56% of Homeowners Struggling to Afford Payments as Inflation Continues to Rise A recent survey has revealed that more than half (56%) of mortgage holders... Details