NatWest and Barclays Raise Mortgage Rates Again Amid Inflation and M...

Highlights:,Second Mortgage Rate Hike in a Month,: NatWest and Barclays raise fixed mortgage rates again, following similar moves by other lenders des...

Burberry Bets on Heritage Revamp to Turn Around Fortunes Amid Mounti...

Highlights:,Strategic Shift to Core Heritage Products,: Burberry’s new plan focuses on returning to its traditional product range under CEO Joshua Sch...

Zephyr Energy Gears Up for Extended Drilling Campaign at Paradox Bas...

Highlights:,New Drilling Phase:,Zephyr Energy prepares to extend the State 36-2R well at Paradox Basin by,5,500 feet,, targeting,additional,reservoir...

Experian Delivers Revenue and Profit Growth in 1H, Executes Strategi...

Highlights,Revenue rose 7% across all regions, with notable strength in Consumer Services and B2B sectors.,Benchmark EBIT grew 10%, while EPS saw an 8...

Together Financial Services Expands Lakeside Securitisation Facility...

Highlights,Lakeside securitisation upsized from £825 million to £1 billion.,Facility maturity extended to November 2028.,Improved commercial terms and...

Ondo InsurTech Scales Up with Nationwide LeakBot Rollout for 5M Home...

Highlights:,Expansion into 16 US States:,Ondo InsurTech's partnership with Nationwide Mutual will see its LeakBot device rolled out across 16 US state...

London Stock Exchange Unveils £58 Billion Green Investment Scheme fo...

Highlights:,£58 Billion Green Initiative Launched:,London Stock Exchange partners with Climate Investment Funds to channel private capital towards cle...

SEGRO Abandons Full Bid for Tritax EuroBox, Strikes Asset Deal with...

Highlights:,●,Bid Withdrawal:,SEGRO will not increase its all-share offer for Tritax EuroBox, ending its takeover bid.,●,Asset Purchase Agreement:,SEG...

Vietnam Enterprise Investments Quarterly Outlook Highlights Equity M...

Highlights,Equity Market Dynamics,: Vietnam's growth supported by pro-growth policies, but global shifts may cause foreign outflows.,US Policy Impact,...

Metro Bank Delivers Profitable October, Reaffirms 2025 Guidance Amid...

Highlights,Profitable October,: Metro Bank’s profitability aligns with 2025 targets of mid-to-upper single-digit RoTE.,Balance Sheet Repositioning,: C...

FCA Fines Metro Bank £16.6 Million for Financial Crime Failures in T...

Highlights,£16.6M Fine,: FCA penalizes Metro Bank for inadequate anti-money laundering systems affecting over £51 billion in transactions.,System Flaw...

Ondo InsurTech Expands LeakBot Rollout Across 16 US States with Nati...

Highlights:,Nationwide Expansion,: Ondo InsurTech expands its LeakBot device to 16 additional US states via a partnership with Nationwide Mutual Insur...

Santander Increases Mortgage Rates as Inflation Concerns Persist

Highlights:,Mortgage Rate Hikes Implemented:,Santander has raised fixed mortgage rates for new buyers and remortgages by up to 0.29%, while variable t...

Nationwide Expands Partnership with Ondo InsurTech for LeakBot Rollo...

Highlights:,Nationwide Expands LeakBot Rollout:,Ondo InsurTech’s LeakBot will be integrated into Nationwide’s homeowner insurance program across 16 US...

Metro Bank Slapped with £17M for Lapses in Anti-Money Laundering Pro...

Highlights:,Major Fine Imposed:,Metro Bank faced a £16.7 million penalty from the Financial Conduct Authority (FCA) for insufficient anti-money launde...

Are Bitcoin’s New Highs Misleading About Its Practical Use?

Highlights,Bitcoin’s price continues to reach unprecedented highs, reflecting strong momentum in the cryptocurrency market.,Trading volumes have surge...

Are Direct Line’s Job Cuts a Sign of Deeper Financial Struggles?

Highlights,Direct Line Insurance Group PLC faces ongoing challenges in motor insurance, maintaining guidance despite cost-cutting moves.,Gross written...

Could Motor Finance Loans Spell Trouble for Lloyds Banking Group?

Highlights:,Lloyds Banking Group operates with a strong capital base, essential in the financial services sector.,Recent court developments raise ques...

UK Government Sells £1 Billion Stake in NatWest Group Through Off-Ma...

Highlights,His Majesty’s Treasury (HM Treasury) sold approximately 262.6 million shares in NatWest Group at 380.8 pence each, generating £1 billion.,F...

Direct Line Insurance Group Q3 2024 Trading Update: Progress in Prod...

Highlights,Gross written premiums from ongoing operations grew 11.8% year-over-year, supported by notable gains in Motor (11.4%) and Non-Motor (12.9%)...