Pension bodies launch saving campaign as inflation threatens spending power April 5, 2022 Top pension bodies have launched a campaign to try and boost the UK’s engagement with pensions today, as fears grow that soaring inflation could take a chunk out of pensioners' spending power.
Ministers offer open banking boost with ‘smart data’ investment April 5, 2022 Ministers threw their weight behind the roll out of open banking technology yesterday as they confirmed a funding injection in the development of so-called ‘smart data’ in financial services.
What does the current volatility mean for energy transition investing? April 5, 2022 | City Talk The driving forces behind the energy transition remain as strong as ever and the current market volatility has only enhanced these trends. There is a lot going on in the financial markets right now. Meaningful inflation has returned for the first time in decades. Supply chains everywhere continue to be disrupted. Geopolitical and social tensions [...]
Zopa bank hits profitability but may push back IPO amid market turbulence April 4, 2022 Digital lender Zopa has announced it hit profitability for the first time ever last year as it eyes up a shift onto the public markets in 2022.
Government outlines fintech steering body to push national sector strategy April 4, 2022 The government has outlined plans for a Centre for Finance, Innovation and Technology (CFIT) steering body today as it looks to push ahead with a national strategy for the fintech sector.
Exclusive: Fintech Review author pushes ministers for capital markets overhaul April 4, 2022 The author of a government-commissioned review of fintech has written to ministers warning major reform of the UK’s capital markets is needed if they are to compete on the world stage, City PM has learned.
Global dealmaking plunges amid shocks of war in Ukraine April 1, 2022 Worldwide dealmaking has plunged in the first quarter of this year after the invasion of Ukraine sent shockwaves through global financial markets.
Softbank boss tells top team to curtail investments March 31, 2022 The boss of Japanese investment giant Softbank has told his top team to slowdown their investments after the firm suffered from a slump in tech stocks in recent months and a regulatory clampdown in China.
Tate & Lyle snaps up Chinese dietary fibres firm for $237m March 31, 2022 Sugar-maker Tate & Lyle has snapped up a prebiotic dietary fibre business from China-listed ChemPartner for $237m today, as it looks to tap into the booming global dietary fibres market.
Provident Financial bounces back to profit after shift away from subprime lending March 31, 2022 Subprime lender Provident Financial bounced back into profit last year as it rode an economic rebound and moved away from riskier consumer lending.