City firms order workers back to the office as WFH perks end
Office space is increasingly in demand in London as financial companies reverse pandemic working policies
UK
Bangladesh considers ‘settlements’ with tycoons accused of funnelling assets abroad
Dhaka is also in touch with litigation funding firms to help it reclaim tens of billions of dollars, central bank chief says
How stablecoins are entering the financial mainstream
Usage of the digital assets is growing rapidly, but concerns remain about supervision and their impact on other parts of the financial system
Apollo delays hiring junior bankers after pressure from Jamie Dimon
Private equity group’s boss Marc Rowan says he feels ‘compelled to agree’ with recent criticism
Ex-Credit Suisse executive gave ‘false picture’ of Greensill report, court told
Eric Varvel gives testimony in lawsuit between lender, SoftBank and group founded by financier
Spending review delivers big boosts for health and defence – but Rachel Reeves is focused on investment
UK chancellor Rachel Reeves has delivered the government’s spending review, setting out its plans and priorities for the next three years. The aim of the review is of course to allocate spending over that time period – but this government is keen for economic growth and so has directed the funds to try to boost GDP. This approach could work but is particularly challenging in an uncertain global environment.
Where should governments spend your money? The impossible maths of political and moral decisions
Whenever the UK government decides to spend public money on a new project, it needs to weigh up the costs against the value of the benefits it hopes to achieve. And it’s rarely a simple calculation.
This is why Chancellor Rachel Reeves is changing the Treasury’s “green book” of rules which dictate how investment plans are made. Those rules, and the calculations they support, do not always work.
World’s biggest aircraft owner set for $1bn payout in Russian planes case
UK court orders insurers to cover losses from jets stuck in country following Moscow’s invasion of Ukraine
Oakley Capital buys controlling stake in corporate intelligence firm G3
Business whose advisers include former MI6 chief and ex-CIA deputy director valued at more than £250mn
UK consumers urged to ‘get to grips’ with their pensions
Many people fail to save enough to fund retirement, warn industry figures
Pages
