Brook & Ledger — UK business, markets, and money — for people who read the numbers first.
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For the financial year ending , the firm reported UK fee income of £3.86bn, up from £3.78bn the previous year . EY’s total pre-tax profits also rose to £702m, up from £679m. EY reported six per cent revenue growth for…
Banks pay a raft of sector-specific levies in the UK, including a three per cent surcharge on corporation tax, taking the effective rate to 28 per cent. A five per cent hike is expected to raise around £2bn a year for…
The Financial Reporting Council (FRC) said HW Fisher LLP and lead auditor Simon Mott-Cowan showed a pervasive lack of “professional scepticism” during the audit for the financial year ended . The regulator identified…
Lobby groups have for months warned that banks could shift business and jobs to rival hubs if threatened with higher bills, with the JP Morgan chief executive, Jamie Dimon, saying he could even scrap plans for a new £3bn…
It’s the first for new Chancellor, John Healey, after his appointment from Prime Minister, Andy Burnham. The economy grew by 0.7% in the three months to August, but inflation rose to 3.1% due to fuel and energy prices.…
But he said the prime minister, Andy Burnham, had made it clear he wanted to see a long-term and stable relationship with the bloc. "They will be talking to them about what the future options for our relationship might…
Photos posted on social media show lines that appeared on the screens of the technology giant's first ever foldable device , which has a starting price of £1,999 ($2,668) in the UK. Apple said it was aware of "an issue…
Industry leaders told City AM the City has enjoyed decades of success since the sweeping deregulation of the Square Mile in 1986 but Britain’s financial services industry is now facing existential threats in the form of…
Dairy producer Mengniu and drinks firm Dongpeng have dropped the Ballon d’Or runner-up after he reportedly told French TV a meme “that makes me laugh the most…the one where there’s a video of a guy, I think it’s a…