Nationwide to complete Virgin Money takeover next month
UK building society Nationwide is set to complete its £2.9bn acquisition of rival Virgin Money on 1 October after the deal was cleared by regulators. The boards of the two…
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Fraud and scam complaints hit new peak
Complaints about fraud and scams have reached a new high, according to the UK financial ombudsman. The ombudsman recorded 8,734 complaints between April and June, with over half of those…
Financial regulator to review life insurance market
A new market study by the Financial Conduct Authority (FCA) will examine how pure protection insurance products are sold. It follows concerns that competition in this sector is not working…
JD Sports reports strong sales for Q2
High street retailer JD Sports has reported good growth in sales for the second quarter as it continues to expand internationally. The sports, fashion and outdoor brands retailer achieved like-for-like…
Barratt-Redrow merger to go ahead despite competition concerns
UK housebuilders Barratt Developments plc (LON:BDEV) and Redrow plc (LON:RDW) are planning to proceed with their £2.5bn merger despite issues raised by the competition regulator. The Competition and Markets Authority…
RoxoFX.com | Top 5 Unique Features of RoxoFX trading platform
RoxoFX Features Review: How is RoxoFX Different Than Competitors? Choosing the right trading platform is crucial for achieving success in the financial markets. RoxoFX stands out with several unique features…
Job appointments still falling
Hiring of temporary and permanent staff continued to decline in July, according to the latest UK Report on Jobs survey. The decline in permanent staff placements extends the current downturn…
Barratt-Redrow merger hinges on one local area
A review of the proposed merger of UK housebuilders Barratt Developments plc and Redrow plc has identified competition concerns in one area of the country. In a detailed Phase 1…
House prices predicted to rise after rate cut
UK house prices rose in July after three relatively flat months, according to the latest monthly data from Halifax. The lender expects house prices to gradually increase further over the…
Major UK banks could be safely wound down in a crisis
A collapse of one of the UK's major banks would not require a taxpayer bailout, according to a new assessment by the Bank of England. The report says that the…
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