Abu Dhabi-backed offers to pay off Barclay family debt in bid for Telegraph November 20, 2023 Abu Dhabi-backed investment fund Redbird IMI has offered to provide "a package of loans" to the Barclay family to help them repay the debts they owe to Lloyds Banking Group in a bid to take control of the Telegraph and Spectator publications.
CBI’s annual conference had a distinct lack of CEOs – can it win them back? November 20, 2023 The CBI's annual conference had a notable lack of CEOs speaking. Can they be won back?
HSBC, Santander and Blackrock among firms advising Labour on private investment November 20, 2023 City firms HSBC, Santander and Blackrock are among those advising the Labour Party on private sector investment following the launch of a new infrastructure council.
Ministers urged to deploy national security laws over Barclay Telegraph bid November 19, 2023 Ministers have been urged to deploy the UK’s national security laws over the Barclay family’s UAE-backed bid to buy back the Telegraph newspaper.
Former CNN boss gets behind Barclay coup for Telegraph titles November 17, 2023 Media investment fund Redbird IMI is reportedly backing the Barclay family's £1.1bn attempt to reclaim control over The Telegraph.
Bank of England says lenders to be put through mini budget-style shock tests November 10, 2023 It is intended to replicate some of the chaos and more which was unleashed on markets last autumn after Liz Truss and Kwasi Kwarteng revealed their budget and other moments of turmoil.
Lloyds tells Big Tech to do more to tackle surge in crypto scams November 10, 2023 Lloyds Bank has issued an "urgent warning" over a surge in cryptocurrency scams and called on Big Tech companies like Meta to do more to tackle the issue.
Lloyds rejects Barclay family’s billion pound shot at Telegraph recoup November 2, 2023 Lloyds has spurned the £1bn attempt by the Barclay clan to repurchase the Telegraph, a move which will ease the concerns of hopeful bidders.
London business confidence improves heading into Christmas October 31, 2023 London firms are growing increasingly confident heading into the Christmas period as inflation falls and firms have more certainty over the future of rate hikes.
Banks face tougher competition as profits boost from higher rates fades October 30, 2023 The UK’s major listed banks have warned that the tailwind from high interest rates that has driven bumper profits over the past year is coming to an end as lenders compete to offer better deals to customers. Barclays, Lloyds, NatWest, Standard Chartered and Santander reported third-quarter earnings last week, while HSBC released its results today. [...]
