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London finance news, trends & insights

London Fin-Tech start-ups

These are the 50 hottest fintech companies in Europe

Fri, 30 Jan 2015| By Sophie Hobson

Be afraid, banks… be very afraid

Rich money fistpump

High-net-worth individuals own 38% of UK wealth with $3.5 trillion

Thu, 29 Jan 2015| By Harry Cockburn

And numbers are rising, all round

TransferWise - logo and founders

Five-year-old TransferWise becomes London’s latest $1bn tech biz

Mon, 26 Jan 2015| By Sophie Hobson

It’s another feather in the cap for London’s thriving fintech scene.

Union jack money flag pounds coins

FAKE! One in 30 pound coins is bogus admits Bank of England

Wed, 21 Jan 2015

Fake pound coins are getting so hard to spot that one in 30 is thought to be forged and over half fool automatic tills and vending machines – it has been revealed.

Sports Direct founder Mike Ashley

Billionaire Mike Ashley is selling Sports Direct shares worth £117m

Wed, 21 Jan 2015| By Shruti Tripathi Chopra

His remaining stake is now worth £2.5bn.

happy and sad, best and worst

Which 10 UK cities create most jobs? Which 10 create fewest?

Mon, 19 Jan 2015| By Shruti Tripathi Chopra

Which UK city has seen the highest jobs growth since 2004?

Tesco - trouble - gloomy sky

Tesco given junk status credit rating by Standard & Poor’s

Thu, 15 Jan 2015| By Harry Cockburn

Downgrade for Britain’s biggest grocer

Alex Hope

Alex Hope, trader who paid £125k for a bottle of champagne, found guilty of £5m fraud

Mon, 12 Jan 2015| By Shruti Tripathi Chopra

Remember Alex Hope, the City trader who blew £125k on a bottle of champagne? He’s just been found guilty of running a £5m scam.

Justin Urquhart Stewart

Justin Urquhart Stewart: Forecasting currencies is like trying to catch a falling knife

Mon, 12 Jan 2015| By Justin Urquhart Stewart

The founder of Seven Investment Management

Tesco bag

This is how Tesco plans to bounce back

Thu, 8 Jan 2015| By Shruti Tripathi Chopra

The chain will close 43 stores and has appointed a new UK CEO

Mervyn King

Was the Bank of England oblivious to impending meltdown in 2007?

Wed, 7 Jan 2015| By Harry Cockburn

Was the Bank of England ignorant of the threat to the global financial system as late as July 2007?

Fat Cat banker 300

FTSE 100 CEOs earn more in 2 days than most Brits do in a year

Tue, 6 Jan 2015| By Harry Cockburn

Welcome to “Fatcat Tuesday”

Facebook

Facebook now worth almost £228bn as shares hit all-time high

Tue, 23 Dec 2014| By Shruti Tripathi Chopra

Christmas came three days early for Facebook as the social network’s stock traded at an all-time high of $81.88 on Monday.

Chocolate melting

Chocolate meltdown: What caused Thorntons share price to plummet 25% this morning?

Tue, 23 Dec 2014| By Robyn Vinter

High street chocolatier Thorntons saw a 25% drop in its share price this morning when the market opened, from 116p to 86p.

UKIP Tesco

The hits and flops of 2014, from U£IP to Tescwoe

Tue, 23 Dec 2014| By Shruti Tripathi Chopra

2014 has been a year of blood and sweat for some, and tears for others.

Bonus-tastic: Check out the rewards for these FTSE 100 boses

Bonus bonanza: City bonuses to rise 21% in 2015

Mon, 22 Dec 2014| By Shruti Tripathi Chopra

If you don’t work in the City, look away now, because this story may dampen your festive cheer.

Royal Mail stamps post - short

Government could have made £180m more from Royal Mail

Thu, 18 Dec 2014| By Sophie Hobson

But should we be bothered about £180m?

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