Category: Uncategorized
Extensive Read: Lloyds Bank CEO Weighs in on Brexit And The UK Economy
Lloyds Bank, the largest retail bank in the UK, has been in the headlines for a variety of reasons this year. The bank completed its reprivatization after the UK government sold its remaining shares last May and, at the height of the...
Leak Shows the iPhone 8 Is All Screen and No Home Button
More power to the display. Much of the recent talk surrounding the iPhone 8 has focussed on its hardware. Now, courtesy of a new leak, we can go back to speculating its design. The latest image — via the web’s resident handset leaker Evan Blass — indicates Apple’s...
Standard Life First-half Operating Profit up 6 Percent Ahead of Aberdeen Merger
LONDON (Reuters) – Worries about outflows from Standard Life’s flagship multi-asset strategy hit its shares on Tuesday, ahead of an 11 billion pound ($14.4 billion) merger with Aberdeen Asset Management to form Britain’s largest active manager. The merger will create a...
Leeds Building Society Reports Record Start to 2017
Leeds Building Society has reported record results for the first half of 2017, despite the “political and economic uncertainty.” The UK’s fifth largest Society saw pre-tax profit rise to £63.2m, which is a 9% increase on the £58m achieved during the...
British Fintech Start-up Neyber Secures £21m in Funding
What do a number of thousand cops, two former Goldman Sachs executives and an Indian funding firm have in widespread? They all are central gamers in a £21m fundraising set to be introduced this week by a British fintech start-up, which...
British Gas to Increase Electricity Prices by 12.5% Next Month
For a typical household on dual fuel, the average annual bill will increase by 7.3 per cent or £76 British Gas has announced that it will next month ramp up the price of electricity, prompting calls for greater regulation amid fears that...
Deutsche Bank Is Going to Keep a Lot of People in London, Come What May
German banking giant Deutsche Bank might have said it’s likely to move hundreds of billions of dollars in assets out of London due to Brexit, but it’s still keeping a pretty big presence in the U.K. capital. Deutsche has secured a...
Savers ‘Rush’ to Open Cash Lifetime Isas
As many as 28,000 savers have opened Lifetime Isas with the only provider offering a cash version of the product. The Skipton Building Society said there had been a high level of interest in the six weeks since it was launched...
Bitcoin Will Likely Split Into 2 Separate Currencies
Bitcoin will likely split into two separate currencies on Tuesday, and it’s all thanks to bitcoin cash. For years, bitcoin power brokers have been squabbling over the structure of the blockchain network that underpins the red-hot currency. On one side of this war, there...