Ken Lever, who previously chaired waste management business Biffa, has been brought in as the firm’s interim chair
The swathes of deposit withdrawals in the US have shone a spotlight over the fragility of many mid-tier banking institutions
The cuts add to the 11,000 staff that were let go in November last year
Amid the fortunes that have been made by some women, data suggests many in the industry still face disadvantages
City Voices: Only by positively challenging outdated behaviours and beliefs can we and our industry be ready to rise to the challenges that we can see coming
AI wrote three pieces for local news site In Your Area last week
The timing could not have been worse, with the announcement coming as the third of its kind in as many trading days
Just 700 suspected underage accounts were removed from Snapchat in the UK between April 2021 and April 2022, a tiny fraction of the some 180,000 accounts removed by TikTok over the same period
While Revolut has its accounts finalised, the Evening Standard has found there are at least three other major London-based fintechs that still haven’t filed their annual report with Companies House
BDO warned some information may be “materially misstated”
The firm has been a provider to financial apps like Wagestream, through which thousands of UK workers get paid
A string of UK companies have already fallen victim to major cyber-attacks since the start of the year
The new tool promises to ‘plan a hiking trip for a long weekend, suggest a recipe for dinner, or even write a haiku about cheese’
While London-based Revolut is set to hire at least 1700 staff over the next year, many of its peers have been less fortuitous, with the likes of Railsbank, Zilch, Zego and TrueLayer all shedding at least 10% of staff
Broadband download speeds are barely faster than London’s mobile speeds, according to a new study
London office occupancy hit 81% at the end of last year, up from 63% in 2021