UK (Parliament Politic Magazine) – The UK’s financial watchdog, the Financial Conduct Authority (FCA), has issued a stern warning to banks that offer unreasonably low savings rates to their customers. In an effort to ensure that banks pass on interest rate increases
UK (Parliament Politic Magazine) – Citigroup has informed its employees in the United Kingdom that it will implement a system to monitor office attendance, reflecting the growing trend on Wall Street towards stricter remote work policies. According to a memo obtained by
UK (Parliament Politic Magazine) – NatWest has announced its intention to make a substantial payout of £190m to its largest shareholder, the UK government. This move comes in the wake of the recent resignation of chief executive Alison Rose, following a controversy
London (Parliament Politic Magazine) – The British Retail Consortium has identified several factors contributing to the current challenges faced by businesses. These include the burdensome business rates, the ongoing cost of living crisis, and the unprecedented impact of the COVID pandemic. New
London (Parliament Politic Magazine) – British Gas has announced record-breaking first-half profits, reaching nearly £1 billion, following a decision by the energy regulator to permit the recovery of additional funds from household bills. The largest energy provider in the UK has reported
UK (Parliament Politic Magazine) – Amazon offered commitments to the UK Competition and Markets Authority (CMA) on Wednesday, in response to concerns raised by Britain’s competition watchdog regarding the treatment of third-party sellers by the US e-commerce giant. The CMA stated that
UK (Parliament Politic Magazine) – UK businesses are feeling hopeful about their future prospects as they anticipate reaping the benefits of investments in new AI technology. However, confidence has experienced a decline during the first half of the year due to global
UK (Parliament Politic Magazine) – Will construction companies miss out on valuable incentives designed to encourage innovation under a shake-up of the research and development (R&D) tax credits scheme? Her Majesty’s Revenue and Customs (HMRC) states its determination to crack down on
London (Parliament Politic Magazine) –Birmingham Tech Week, the UK’s premier regional tech festival, is set to make a triumphant return from October 16-20. This highly anticipated event will feature an impressive lineup of over 150 speakers, including tech founders, government officials, and
UK (Parliament Politic Magazine) – Online-only savings accounts offered by major banks may soon face extinction, while popular 0% interest credit card deals could be on the verge of disappearing. However, this shake-up in the UK financial services sector, set to take
