Wrapped Bitcoin (WBTC) supplied on decentralized lending platform Aave hit an all-time high despite anxieties …
Construction work is done around the Federal Reserve building on September 17, 2024 in Washington, …
Spanish football league LaLiga has hit out at revised plans for the European Super League, now under the name of the Unify League. The organisers of the European Super League have announced its rebranding as the “Unify League” as they step up efforts to revive the breakaway competition. A year after the European Court of [...]
The chair of the company behind High Speed Two (HS2) is to stop down next year, it has been announced. Sir Jon Thompson has served on the board of HS2 Ltd for almost four years after first joining as a non-executive director in April 2021. He was appointed as the company’s chair in February 2023 [...]
Luton Airport wants to increase passenger capacity from 18m to 32m per year through a £2.4bn expansion project.
Around 17,000 affordable homes are stuck in development purgatory due to a lack of demand from housing providers, according to new research. Under the English planning system, housing developments must set aside a proportion of the site for affordable housing via a Section 106 deal. These Section 106 houses have become an increasingly important mechanism [...]
Ministers are hoping to announce Harland's acquisition by the Spanish shipbuilder Navantia as early as Thursday, according to Sky News.
Insurance is part of the DNA of global capitalism, but due to concerns around complexity and liquidity, the market has historically struggled to attract the capital needed for growth. Aon’s Capital Advisory division works with insurance clients to enhance return on capital by matching risk with capital to make better business decisions. It’s been built [...]
The Financial Reporting Council (FRC) has revealed it's swapping its City office for Harbour Exchange in Canary Wharf
Shares in Wise have jumped this afternoon after the London-listed fintech firm announced a “milestone” deal to handle foreign exchange payments for Morgan Stanley’s corporate clients. The money transfer firm said Morgan Stanley will become the first major investment bank to offer “high speed cross border” payments through its platform business, which provides payments infrastructure [...]
The number of business insolvencies in England and Wales rose 13 per cent in November, as the impact of the Budget continues to hit firms hard. Experts have also warned that things are not going to get better, with April’s looming Employers’ National Insurance increase leaving firms in a “perilous position”. Nearly 2,000 firms went [...]
In his first interview in years, former star manager Neil Woodford makes it clear where he believes the blame for his collapsed fund lies.
Barclays lost a legal challenge against the Financial Ombudsman Service (FOS) over a ruling that it unfairly paid commission to a car finance broker
The Financial Conduct Authority (FCA) has set out its plans for a new private stock market system today as it looks to revive London’s flagging IPO pipeline and allow investors to more easily tap into unlisted companies. In a consultation document, the City watchdog said the new stock market system, PISCES, first tabled by the [...]
The Serious Fraud Office (SFO) has arrested a man in connection to its investigation into the collapsed broadcaster Arena Television