US watchdogs dramatically took control of a key tech lender last night in the largest failure of an American bank since the 2008 financial crisis. The move came as Silicon Valley Bank (SVB) scrambled to raise £1.5billion in funding to plug a loss from the sale of assets affected by […]
Finance
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SMALL CAP MOVERS: In The Style shares take one final tumble before being sold for a paltry sum By Jai Singh, Proactive Investors, For This Is Money Published: 17:30 GMT, 10 March 2023 | Updated: 17:30 GMT, 10 March 2023 Online fashion retailer In The Style’s stormy two-year tenure on the […]
A third of Britons will refuse to go electric: Auto Trader poll finds one in three plans to stick with petrol and diesel cars until they stop driving By Rob Hull For Thisismoney.co.uk Published: 13:47 GMT, 10 March 2023 | Updated: 13:47 GMT, 10 March 2023 A third of drivers […]
BUSINESS LIVE: FTSE tumbles 2%; UK growth bounces 0.3% in January; Berkeley bolstered by South East homes demand; Robert Walters boss to retire By Live Commentary Published: 07:34 GMT, 10 March 2023 | Updated: 10:52 GMT, 10 March 2023 Share or comment on this article: Some links in this article […]
Stop talking Britain down: Aviva chief Amanda Blanc issues rallying cry as yet another UK firm eyes New York listing By Mark Shapland For The Daily Mail Published: 21:51 GMT, 9 March 2023 | Updated: 21:51 GMT, 9 March 2023 One of the most powerful women in British finance has […]
Fraud fears see shares in Wandisco suspended: Bosses find ‘potentially fraudulent irregularities’ in company finances By Leah Montebello For The Daily Mail Published: 21:52 GMT, 9 March 2023 | Updated: 21:52 GMT, 9 March 2023 Financial irregularities: Wandisco has thrown out its guidance for 2022 Wandisco shares were suspended yesterday […]
Six Footsie chiefs share £32m payday: Bumper bonuses for Unilever, Segro, Shell, Aviva, Rolls Royce and Flutter bosses By Calum Muirhead For The Daily Mail Published: 21:52 GMT, 9 March 2023 | Updated: 21:52 GMT, 9 March 2023 Six FTSE 100 bosses scooped a total of £31.8million in pay last […]
Experts have predicted that it is unlikely we’ll see fully automated cars that require no human interaction on the roads until 2035. Despite autonomous vehicle’s exciting public imagination and inspiring unprecedented collaborations between carmakers and tech innovators, there are challenges manufacturers face – including ones related to software reliability and cybersecurity. […]