community banking news
- Banking
Hollywood Bowl Group sales jump on ‘exceptional pent-up demand’
Hollywood Bowl Group sales jump on ‘exceptional pent-up demand’ as ten-pin bowling firm reveals £10.6m acquisition of Teaquinn Hollywood Bowl…
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Accumulation units – tax on reinvested dividends UK – Monevator
Are reinvested dividends taxable in the UK? Sadly, yes. Fund accumulation units attract income tax on dividends and interest at the…
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IIMI: Four key ways to improve UK asset management sector
The IIMI has suggested the Financial Conduct Authority replicate its peers in Luxembourg and Ireland in committing to promote the UK…
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Morningstar: European equity funds return to positive territory in April
According to Morningstar data on European fund flows in April, the infrastructure and clean energy sectors, as well as global…
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Chinese car firm files patent for an EV that’s identical to the classic Mini
The classic Mini – one of Britain’s most iconic products of the last century – could be about to suffer…
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SSE rakes in bumper profits in face of windfall tax talk
SSE rakes in bumper profits and ramps up plans for huge green energy investment as industry windfall tax calls intensify…
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Majority of global AuM in mutual funds and ETFs sits in legacy products
According to BGG’s 20th annual report on the global asset management industry, entitled From Tailwinds to Turbulence, new funds have…
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Former church that is ripe for conversion is for sale for just £50k
A former chapel that could be converted into a house is for sale with a guide price of just £50,000.…
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Train buys 1.2m shares of Finsbury Growth & Income in 20 months
In the latest transaction announced by the board of the £1.9bn trust, Train purchased 25,000 shares at a price of…
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Need help with your energy bills? Ask at the Post Office
Jenny Cooper, 63, is no stranger to counting the pennies. The grandmother of five gave up her job four years…
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ALEX BRUMMER: More taxes will only suppress enterprise and investment
The clamour for a windfall tax on energy producers and suppliers will become ever more shrill after Ofgem’s boss cautioned…
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Bank of England warns climate risks to become ‘persistent drag’ on profitability
The timing may be entirely coincidental, but it makes it hard not to interpret it as a direct riposte. Just…
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Private equity firms on hunt for more bargain UK companies
Deal-making boom set to continue with private equity firms on hunt for more UK companies By Lucy White In Davos…
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British baby milk brand Kendamil steps in to help ease US shortage
British baby milk to the rescue: Formula brand Kendamil to ship 100 truckloads to the US to ease shortage By…
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Law firms in the dock over £125,000 super pay for graduates
Escalating pay at law firms at a time when the cost of living crisis has engulfed the nation has sparked…
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KPMG hit by another fine for botched audits at Rolls-Royce
KPMG hit by ANOTHER fine at Rolls-Royce just weeks after it’s record £14m penalty for botched Carillion audit By Calum…
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Banks write off nearly £400m in business loans
Banks write off nearly £400 MILLION in business loans as small firms emerge from the pandemic and feel the impact…
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To mark the Jubilee, 70 facts that show how our finances have changed
As the nation gears up to celebrate the Queen’s Platinum Jubilee, Money Mail shares 70 facts about how our finances…
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Why you should call energy giants after 4.30pm in the week
Since Money Mail launched its Pick Up Or Pay Up campaign, businesses have fought back furiously against claims their customers…
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Almost £5bn in interest is going astray as inflation batters savers
Savers missing out on almost £5bn in interest despite the value of their cash being eroded by inflation By Sylvia…
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MARKET REPORT: Windfall tax plan gives shares an electric shock
MARKET REPORT: Energy giants get an electric shock on reports that the Chancellor is drawing up plans for a windfall…
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VICTORIA BISCHOFF: Amazing support for our Pick up or Pay up campaign
Your howls of despair: VICTORIA BISCHOFF has been blown away by the amazing response to our ‘Pick up or Pay…
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Rathbone’s Smith on stagflation and looming likelihood of recession
While low, he noted that “a few months ago, we were ascribing a 0% chance. So that is a big…
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Short sellers bet against UK retail stocks amid income squeeze
Cineworld Group, the world’s second-largest cinema chain, was the most shorted UK listed company. Some 8.2% of its stock was…
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Citroen Ami EV with a 46-mile range will cost £7,965 in the UK
Citroen has confirmed the price of its tiny Ami electric vehicle for UK customers – and it will cost more…
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What happens when you win big on the lottery?
Winning a huge sum of money on the lottery may sound like a dream, but experts warn a sudden windfall…
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Con-artists exploit confusion around international ‘wire transfers’
There is something strangely fascinating about true crime drama, and if there’s one thing that has captured the cultural zeitgeist…
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Ninety One: Fund managers ‘overly’ reliant on ESG scores
Findings from Ninety One have shown the mass majority of European fund managers (88%) are using third-party ESG ratings to…
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Premium Bond savings rates boosted by NS&I from June
NS&I boosts Premium Bond rates: Millions of savers will FINALLY see the odds of winning a monthly prize grow –…
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MARKET REPORT: Moonpig’s Smartbox deal proves a gift for investors
Shares in Moonpig jumped more than 11 per cent after the City gave a thumbs-up to its £124million purchase of…
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Tech queen Vin Murria refuses to quit race for ad giant M&C Saatchi
Tech queen Vin Murria refuses to quit race for M&C Saatchi after advertising giant urges shareholders to back rival’s £310m…
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Amigo Loans suspends all trading of its shares amid critical court hearing
Amigo Loans suspends all trading of its shares ahead of critical court hearing on compensation scheme Amigo’s preferred compensation scheme…
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Industry Voice: Fashion consumers want more clarity from retailers on sustainability
A lifelong vegetarian and now design industry grandee, Stella McCartney says she was called an “eco weirdo” when she launched her eponymous…
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Industry asks ‘what sort of culture HSBC is breeding’ in wake of Stuart Kirk suspension
In the days following Kirk’s ‘Miami’ speech, in which he questioned who would care if the city wound up six…
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CCLA hires head of investment solutions from Man Group
Funnell joins CCLA from Man Group (formerly GLG Partners), where he worked as chief equity strategist and then portfolio manager…
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Kingfisher reveals another £300m share buyback scheme
Kingfisher reveals another £300m share buyback scheme as trading remains ‘resilient’ despite slowdown Kingfisher’s first-quarter LFL online sales have climbed…
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Natixis IM expands asset and wealth management committee
They will join Tim Ryan, head of asset and wealth management, and the other six members of the committee, which…
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Diversity Project: Why hiring veterans makes good business sense
I bet you don’t think of a middle-aged mum of two, who now works full time in the world of…
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Will my old employer voluntarily increase my pension as inflation soars?
I am in receipt of a private defined benefit pension. Approximately two thirds of my benefits were accrued before April…
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How to invest in making buildings green: Five fund and trust tips
How to invest in making buildings green: Homes and workplaces are undergoing a ‘net zero’ revamp… here’s five fund and…
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Industry Voice: Biodiversity loss – The other systemic crisis
Biodiversity loss is a subject that rarely captures the public’s attention, bar the occasional nature documentary or headline. Yet, the…
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Chancellor Rishi Sunak warned: Jobs will go if you hike taxes
Leading Tory MP warns Chancellor Rishi Sunak’s corporation tax hike will ‘destroy jobs’ and make UK one of most taxed…
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Auditor KPMG in line for another fine over work for Rolls-Royce
Scandal-ridden auditor KPMG in line for another fine over failings in work for aircraft engine manufacturer Rolls-Royce By Daily Mail…
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RUTH SUNDERLAND: Bank independence better than alternative
RUTH SUNDERLAND: Bank of England independence is not perfect, but still better than the alternative of letting ministers pull the…
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Desk sales are still surging: Here’s the best home office furniture to buy right now
Hot desks: Sales surged during the pandemic – and they’ve never been so handsome… Here are the best home working…
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TONY HETHERINGTON: Noble wants another £6,000 for identical cruise
Tony Hetherington is Financial Mail on Sunday’s ace investigator, fighting readers corners, revealing the truth that lies behind closed doors…
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MIDAS SHARE TIPS UPDATE: Diageo profits from moving upmarket
MIDAS SHARE TIPS UPDATE: Diageo profits from moving upmarket and focusing on premium products By Joanne Hart, Financial Mail on…
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Queen Elizabeth II Platinum Jubilee to raise value of Royal mementos
Crowning glory: The Queen’s Coronation in 1953 If you have a Royal commemorative mug collecting dust on the mantelpiece, now…
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M&S boss: Online tax is ‘morally bankrupt’
Online sales tax is ‘morally bankrupt’ and would hammer consumers already struggling with the cost of living crisis, warns M&S…
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Boss of tinyBuild will meet UK investors in person next month
Boss of video game developer tinyBuild will finally meet UK investors in person next month By Neil Craven for The…
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