Financial Insights That Matter The number of cyber-attacks reported by large finance institutions to the UK’s Financial Conduct Authority (FCA) has fallen 53% in 2024 compared to 2023. This is according to data shared by cybersecurity training platform provider Hack the Box on December 9 following a Freedom of Information (FOI) request. This data compares […]
commodity and currency check, 10 December #UKFinance
Financial Insights That Matter The pound held steady against the dollar on Tuesday, trading just above the flatline at $1.2746 as investors awaited key US inflation data for November, due to be released on Wednesday. Economists are anticipating that the annual headline Consumer Price Index (CPI) for November will show a slight acceleration to 2.7%, […]
Insider Buying Highlights 3 Undervalued Small Caps In US #UKFinance
Financial Insights That Matter Over the last 7 days, the United States market has remained flat, yet it has seen a remarkable 31% increase over the past year with earnings projected to grow by 15% per annum in the coming years. In this context, identifying stocks that are potentially undervalued and have insider buying can […]
UK and Cyprus to tackle serious organised crime and Russian illicit finance in closer cooperation #UKFinance
Financial Insights That Matter New unit to stop dirty Russian money being funnelled through Europe. Comes as both countries deepen serious organised crime cooperation to deliver on the government’s mission to make the UK’s streets safer. Prime Minister’s trip to the Republic of Cyprus the first bilateral visit in half a century. The UK will […]
EY appoints Martina Keane as UK&I Financial Services Leader | EY #UKFinance
Financial Insights That Matter EY has today appointed Martina Keane as its new UK & Ireland Financial Services Leader, effective 1 January 2025. Martina takes over from Anna Anthony, who has led the UK financial services business since 2021 and will become EY’s UK & Ireland Regional Managing Partner from 1 January 2025. In her […]
Is London’s FTSE still a good place to list companies? Have your say #UKFinance
Financial Insights That Matter A number of major firms have chosen to list in New York over the London market in the past few years. · REUTERS / Reuters Equipment rental company Ashtead (AHT.L) has said that it plans to move its primary stock market listing from the UK to the US, in the latest […]
Cutting red tape could attract more bad actors in finance sector, says FCA boss #UKFinance
Financial Insights That Matter Financial Conduct Authority (FCA) chief executive Nikhil Rathi told MPs on the Treasury Select Committee that there will be increased risk-taking as part of proposed changes by Government. Chancellor Rachel Reeves pledged last month rip up financial red tape, saying that regulatory changes after the 2008 economic crash have “gone too […]
Inside Housing – News – East of England landlord names new chief executive #UKFinance
Financial Insights That Matter News10.12.243.00 PM by James Riding A 6,000-home landlord has recruited a new chief executive from Watford Community Housing (WCH). Paul Richmond: “Thrive’s purpose and mission resonates deeply with me” (picture: Thrive Homes) Sharelines A 6,000-home East of England landlord has recruited a new chief executive from Watford Community Housing #UKhousing Hertfordshire-based Thrive […]
UK finance minister hails ‘milestone’ talks with EU counterparts | National #UKFinance
Financial Insights That Matter UK finance minister Rachel Reeves advocated Monday for “more normal trading relations” with the European Union, as she became the first British chancellor since Brexit to attend a meeting of eurozone counterparts. “Today is a milestone moment,” Reeves said as she arrived for the Eurogroup meeting in Brussels. “It’s a chance […]
Claims management companies circle after UK court ruling on mis-sold car finance | Financial sector #UKFinance
Financial Insights That Matter A cloud of anxiety was hanging over the British Motor Museum. Alongside showrooms featuring the 1988 Le Mans-winning Jaguar XJR-9 and the Land Rover Defender used in opening scenes of the James Bond film Skyfall, were conference rooms filled with worried lawyers, bankers and compliance staff from across the motor lending […]