Accountancy & Finance
LSBF News
Nationwide marks turnaround with 54% profit increase
Nationwide Build Society posted £1 billion in profits for the year to April. Nationwide Building Society has recorded a 54…
Saudi Arabian stock market opens to foreign investors
Foreign direct investment in Saudi Arabia’s stock market will soon become possible. One of the world’s most restricted stock exchanges…
GoDaddy raises $460m as IPO exceeds market expectations
Web hosting company GoDaddy has enjoyed an extremely successful debut on the stock market. GoDaddy’s initial public offering (IPO) not…
UK pension reforms: what are their potential impacts?
On Monday 6 April, new rules will come into place that will allow pensioners full access to their retirement funds.…
New survey shows rising optimism in UK financial services
Survey illustrates that optimism in UK financial services is on the up. Financial firms in the UK are becoming more…
Accenture report shows Fintech investment tripled in 2014
Investment in financial technology companies has trebled last year. The digital revolution in financial services is picking up steam, according…
Small fintech firms step up challenge to big banks
Smaller fintech startups are continuing to compete with the individual services of bigger banks. The banking industry is under attack…
TSB agrees to £1.7bn takeover by Spanish bank
Lloyds and TSB have agreed to a £1.7bn takeover by the Spanish Banco de Sabadell. TSB, which rejoined the stock…
UK Treasury nets £500m from Lloyds share sale
The UK government has sold further shares of Lloyds, raising £500m from the sale. A further tranche of Lloyds Banking…
FTSE 100 index breaches 15-year closing record
UK’s top 100 share index breaks above the record closing high from 1999. Britain’s leading share index sailed past the…
Negative inflation likely in Britain, reveals Bank of England
Latest inflation report from the Bank of England forecasts negative inflation in the UK and the potential to cut rates…
Bank of England keeps interest rates at historic low
The Bank of England has decided on no change and kept interest rates at 0.5 per cent. For the 71st…