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Tag: Financial services

Brexit confidence vote

UK attracts 1,500 EU financial services firms

London and financial services
London looks to secure its place in financial services Almost 1,500 EU-based financial services firms have applied for permission to operate in the UK, with around 1,000 of these planningRead More

Regulatory posts for Scotland

Exclusive: FCA plans to double Edinburgh office staff

Pension
FCA regulators are planning expansion   One of Britain’s key financial regulators is believed to be doubling its workforce to 200 in a major step-change in its operations north ofRead More

Round-up

Hurricane shares surge on ‘very significant’ oil find

Hurricane Energy
Hurricane Energy saw its shares rise almost 9% today after it announced an oil discovery west of the Shetland Islands..

Treasury seeks tougher approach

Wheatley axed as Osborne seeks ‘tougher’ regulation in City

The chief executive of the Financial Conduct Authority (FCA) Martin Wheatley has been forced by the Chancellor to stand down. Director of supervision Tracey McDermott will take over as actingRead More

Woman who led bank clampdown promoted

Three leave in shake-up at financial watchdog

The Financial Conduct Authority has confirmed the exit of three key staff and promoted the woman who led the clampdown on the banks as part of a review of its operations. ItRead More

Sharewatch: Laird

Fading Apple reliance gives electronics firm some bite

Bryan Johnston
My confidence in Laird Group has been reinforced by a recent meeting that I had with the company. Laird is still, to an extent, a company in change and doesRead More

Equity crowdfunding on fast growth track

Buying shares in start-ups is now the fastest growing form of crowdfunding in Britain, according to a new report. Figures from the innovation charity Nesta and the University of CambridgeRead More

Payday rules: too tough or not tough enough?

The regulator has taken firm action against controversial payday lenders who may now face a battle for survival. Stories of consumers being charged interest running into thousands of percentage pointsRead More

Aberdeen high-flyer joins Liverpool rival

One of the biggest hires in fund management was announced this morning when one of the former top operators in Aberdeen Asset Management’s Asia operations joined a Liverpool rival. PeterRead More

Virgin Money revives £2bn flotation plan

Virgin Money has today revived its plan to float on the London Stock Exchange, confirming my blogs last night and earlier today. The Edinburgh and Newcastle based bank, which acquiredRead More