5 h. ago Financial services firm that collapsed owing creditors £37m was led by Cardiff Rugby co

Neal Griffith was chief executive of Optima Worldwide Group at the time of its compulsory liquidation in 2021

Economics

4 d. ago Financial Ombudsman Service ‘increasing capacity’ to resolve 20% more cases

The organisation said it was taking action to ensure businesses and consumers received a faster, more effective dispute resolution service.

Politics

4 d. ago Climate crisis on track to destroy capitalism, warns top insurer

Action urgently needed to save the conditions under which markets – and civilisation itself – can operate, says senior Allianz figureThe climate crisis is on track to destroy capitalism, a top insurer has warned, with the vast cost of extreme weather impacts leaving the financial sector unable to operate.The world is fast approaching temperature levels where insurers will no longer be able to offer cover for many climate risks, said Günther Thallinger, on the board of Allianz SE, one of the world’s biggest insurance companies. He said that without insurance, which is already being pulled in some places, many other financial services become unviable, from mortgages to investments. Continue reading...

Events

1 week ago AD FEATURE: People are finding out if they're owed £1,000s as car finance mis

The car finance mis-selling scandal has been compared to the PPI debacle, with the Financial Ombudsman Service reporting a record 18,658 new car finance cases in the last quarter of 2024

Economics

1 week ago FCA sets out new goal to double Edinburgh and Leeds headcount to over 1,000

“We want to deepen trust in financial services and shift our collective attitude across financial services to risk” – Ashley Alder, FCA chair

Politics

2 w. ago Live news: First jet lands at Heathrow as ‘skeleton’ service of flights resumes

Live news: First jet lands at Heathrow as ‘skeleton’ service of flights resumes  Financial Times

Society

2 w. ago Councillor in 'not good enough' claim as Renfrewshire Council department faces overspend

Infrastructure, land and environment services placed under the spotlight as they try to address financial pressures.

Politics

3 w. ago E2E 100 Female: how Universal Partners are empowering entrepreneurs and driving global success

Universal Partners is a leading financial services firm specialising in cross-border payments and bespoke risk management services. They offer personalised, flexible solutions for women-led businesses, ensuring they have the financial tools to scale and succeed in an increasingly global economy

Politics

3 w. ago Crispin Odey faces being banned from City jobs and is slapped with £1.8m fine

Crispin Odey faces a seven-figure fine and a ban from the UK financial services industry after a damning regulatory probe into the millionaire hedge fund manager's conduct

Economics

3 w. ago Thames Water set for another vital court ruling amid administration warning

A former senior director said the water firm could collapse soon without a funding deal, which would bring it under temporary state ownership.

Events

3 w. ago Crispin Odey: Hedge fund manager fined £1.8million and banned for 'lack of integrity'

Hedge fund manager Crispin Odey has been fined £1.8 million and banned from the UK financial services industry for a “lack of integrity”, the Financial Conduct Authority has said in a provisional decision.

Economics

3 w. ago Legal & General unveils dividend hike and £500m share buyback

The financial services giant reaffirmed its commitment to return more than £5bn to shareholders within three years.

Economics

3 w. ago Millions of people urged to check their tax code now as they could be owed £689

A survey by financial services company Canada Life last year revealed that 31% of adults have been on the wrong tax code, and claimed back £689 on average

Economics