Firms quit or step back from CBI after misconduct
An increasing number of firms have cut their association with CBI (Confederation of British Industry) after the group admitted it failed to sack staff, who sexually harassed female colleagues. It...
Rise in business activity gives hope for recovery
Hopes that the UK economy can live through surging inflation and a downturn in the retail sector, were given a boost by a survey showing business activity at its highest level for a year.The closely...
Liverpool clinch last-gasp thriller
Liverpool, April 30In a nail-biting finish, Liverpool emerged winners with a 4-3 result to strengthen their position for European competition next season as Tottenham Hotspur too, despite the defeat,...
CFA exams undergo significant changes since 1960s
The CFA Institute, the global association overseeing one of the most sought-after qualifications for firms in the financial district of London (known as the ‘City’), is overhauling its programme...
Mahrez puts City in FA Cup final
London: A hat-trick by Riyad Mahrez, the first in a FA Cup semifinal in 65 years, ended Sheffield United’s hopes of reaching the cup final for the first time since 1936. With their 3-0 win,...
European exchanges team up for overhaul to rival US
European exchange groups in the EU are joining up their data, as regulators in the bloc look to take on the dominance of United States markets. As the European Commission pushes to create a...
String of defeats for struggling Chelsea
London: Having spent £600,000 million in signing new players, more than any other club, Chelsea are gradually reaching a crisis. They went down 2-1 at home to Brighton, following defeats against...
Economy not on the mend yet as recession fears persist
A recession is still on the cards in the UK despite the economy performing better than the experts were warning just a few months ago, according to new forecasts. Higher interest rates and households...
Spurs edge Brighton in fractious game
London: A well-contested match came to an end with tempers boiling over but Tottenham were relieved to claim all three points with a 2-1 win which keeps them in the running for a top-four finish....
Post-Brexit questions for finance sector unanswered
Finance leaders hoping that Chancellor Jeremy Hunt’s Spring Budget would answer some of the questions for financial services left lingering following Brexit, were left disappointed. Hunt’s speech...
Dealmakers predict more muted M&A activity
The muted levels of mergers and acquisitions and equity fundraising activity – which forced most major investment banks to cut jobs in 2022 – is expected to continue in 2023, according to a survey...
SWIFT was West’s first major option when Russia invaded
Cutting off Russian banks from SWIFT – the vital global payments network – was seen like a ‘nuclear option’ against Putin’s invasion of Ukraine. But it has not had the knock-on impact and...
Arsenal go 8 points clear on top of league
London, March 20Arsenal eased to a convincing 4-1 win over Crystal Palace putting themselves eight points ahead of Manchester City, who have a game in hand, in the race for the Premier League...
Business activity rebounds strongly in Europe
Europe’s biggest economies beat expectations as business activity returned to growth, boosting the chances they can stave off recessions. Gauges of private output in Germany and France both...
Kane’s brace in Spurs comfortable win
London: Tottenham retained their spot in the top four of the Premier League, inflicting a 3-1 defeat on Nottingham Forest. A double strike by Harry Kane from a header and a penalty kick, took his...
UK could get digital pound during this decade
The Bank of England (BoE) and the Treasury are convinced that a central bank digital currency (CBDC) is becoming increasingly necessary.“On the basis of our work to date, the Bank of England and HM...
Last-gasp Nelson winner sees Arsenal through
London: A last-gasp strike by Reiss Nelson brought a dramatic end to Arsenal’s remarkable 3-2 win over Bournemouth. The Gunners hit back from two-nil down after Bournemouth had taken the lead within...
M&A could rebound as startups cave to lower prices
The M&A market for venture-backed startups is expected to see a rebound in dealmaking this year as entrepreneurs and their investors resign themselves to accepting lower prices for their companies....
United end long wait for a trophy
London, Feb 27For a top club a six-year wait for a trophy is a long time and Manchester United ended that barren period with a 2-0 win against Newcastle to lift the Carabao Cup. Newcastle, on the...
Priority on equality in employment remains high
Fund groups are lagging behind banks and other industry peers in achieving gender parity on their boards, research by EY has found. The worst gender diversity was seen across boards of asset managers...