Article Archive | Financial News London

November 2020

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Article Archive

November 20th, 2020

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FCA U-turns and removes warning against London fintech Lanistar after talks

2020-11-20T21:44:17Z

2 min read

Gurhan Kiziloz

Grant Thornton hit with lawsuit over collapse of Patisserie Valerie

2020-11-20T15:42:37Z

2 min read

Accountancy Grant Thornton audit

Patisserie Valerie was bought out of administration by its management team and Irish private equity fund Causeway Capital in February 2019.

NHS planning to start Covid-19 shots for under-50s in January

2020-11-20T15:38:06Z

2 min read

Coronavirus Covid-19 Vaccine

Goldman Sachs shakes up senior ranks of London investment banking team

2020-11-20T15:34:50Z

2 min read

On the Move On the move Jobs Goldman Sachs

Goldman Sachs' London office. The bank named new leaders of its UK investment bank and European equity advisory unit as part of a broader shake-up

Starling Bank turns a monthly profit for first time since launch

2020-11-20T13:50:08Z

2 min read

Monzo Fintech Revolut Starling Bank

Starling Bank's trading update on 20 November, showing it posted a profit, makes it the first digital consumer-facing bank to become profitable but only among those with a British banking licence.

Treasury watchdog chair demands answers from Rishi Sunak over damning Covid-19 spending report

2020-11-20T13:08:23Z

1 min read

Coronavirus Covid-19 Treasury Committee Politics

Lawyers scrambling to retain EU access post-Brexit after Ireland slams back-door route

2020-11-20T12:44:15Z

4 min read

Legal Services Brexit Professional services

Brexit will pose access issues for UK firms after the Irish legal regulator, the Law Society of Ireland, said that lawyers on the roll will need a physical presence in the country to be able to practise as Irish solicitors.

Hedge funds, not hipsters, may be powering bitcoin’s second big rally

2020-11-20T10:50:33Z

3 min read

Hedge Funds Bitcoin Trading Markets

Institutional investors are buying exchange-traded bitcoin products as well as the underlying cryptocurrency

UK borrowing nears £2.1tn in October

2020-11-20T10:27:18Z

2 min read

GDP Coronavirus Politics

What’s the UK Spending Review about? What can you expect?

2020-11-20T09:51:22Z

5 min read

Economics Politics

Chancellor of the Exchequer, Rishi Sunak, will deliver the government's Spending Review on 25 November at the House of Commons.

Government preparing for Covid-19 jab to arrive ‘within a matter of weeks’, says Matt Hancock

2020-11-20T08:51:30Z

2 min read

Coronavirus Politics Vaccine

These are the 10 stocks most shorted by hedge funds right now

2020-11-20T08:22:41Z

3 min read

Hedge Funds short-selling

Cinema chains around the world have struggled to survive during the pandemic as lockdowns imposed by governments to contain the virus saw them shut their doors, and restrict numbers severely where they were allowed to be open. Companies like Cineworld saw their stocks shorted by hedge funds, as a result.

Watchdog launches inquiry into UK financial services post-Brexit to boost City

2020-11-20T07:31:46Z

3 min read

city of london Brexit Treasury Committee Regulation financial services

The UK's Treasury Committee is exploring how regulation in the financial services sector should be set and scrutinised by parliament, after Brexit, as current EU directives would cease to be relevant after the transition period ends on 31 December.