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Deloitte's advisory arm acquires restructuring firm

Deloitte invests £25 million to help employees develop business ideas

An investment fund of GBP25m will help employees at Deloitte to develop innovative business ideas and then create and run their own standalone, start-up businesses, the professional services firm revealed on Monday. Deloitte said the funding will allow its employees […]

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Bank of England

FCA financial crime review reveals ineffective risk management by some financial service providers

Financial crime risk reviews, enforcement action, and proposed new guidance published on Friday by the UK Financial Conduct Authority (FCA) indicate that many small financial service

Shale gas

National UK shale colleges to provide high level specialist industry skills

The first National College for Onshore Oil and Gas has been welcomed by Business, Enterprise & Energy Minister Matthew Hancock MP, the UK

Payday loans

Price cap regulation on payday loans confirmed by FCA

UK financial services regulator the Financial Conduct Authority (FCA) confirmed on Tuesday that payday lending will be price capped, with the initial costs of short-term credit loans, interest

London

Value of London exports increases to £147bn

Marking the start of Export Week in London, the Greater London Authority (GLA) announced on Monday that new research has shown a rise in the value of London exports

Electrical

European Investment Bank to provide National Grid with investment loan of £1.5bn

The European Investment Bank (EIB), the long-term lending institution of the European Union owned by its Member States, announced on Friday that it has

London property

UK house price growth slows to 8.8% in October

House prices in the UK declined by 0.4% between September and October this year, the fifth monthly decline in the past year, with annual growth slowing to 8.8%,

UK returns to growth

NIESR UK economy forecast predicts GDP growth of 3% for 2014, slowing to 2.5% in 2015

The National Institute of Economic & Social Research (NIESR), a UK independent research organisation and think-tank, released its latest forecast for the UK economy on Wednesday, which indicates

Banks not helping small businesses

Barclays and Techstars launch Accelerator 2015 for entrepreneurs and start-ups

The application process for the second cohort of a 13-week intensive start-up programme designed to support new businesses is now open, international financial services provider

London Finance

FCA proposes new restrictions for distribution of mutual society share capital instruments

The Financial Conduct Authority (FCA), the UK's regulator of financial firms and financial advisers, revealed on Tuesday that it is conducting a consultation on new restrictions that are

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