After the UK removed local pay restrictions for bankers last year, Goldman Sachs was the first to remove its bonus cap for its bankers.
Tags: United Kingdom
UK Pension Age Changes: Workers Warned They May Work Until 80
The UK Pension Age Changes debate intensifies: Experts warn workers may have to work until 80. The £15.5bn triple lock cost makes the system unsustainable.
UK Unveils New Stock Market Listing Rules to Simplify, Streamline the Process
As UK IPOs declined, the Financial Conduct Authority (FCA) has proposed new regulations for stock market listings.
UK Card Spending Drops for First Time Since 2021, Barclays Says
Spending on credit and debit cards decreased last month, marking the first monthly decline since February 2021, according to the June statistics released by London-based Barclays bank.
Citigroup Fined $79 Million After UK Trader Makes $444 Billion 'Fat Finger' Error
Citigroup Inc. was fined £61.7 million ($79 million) by British regulators for failing to prevent a "fat finger" mistake worth $444 billion.
Latest News
The UK government is investing £55.5 million ($70 million) to improve facial recognition technology as part of a crackdown on shoplifting.
Donald Trump met on Monday with British Foreign Secretary David Cameron for dinner at the former president's Florida residence, where they talked about the Ukraine war and NATO spending.
The UK's Competition and Markets Authority (CMA) will thoroughly investigate the merger between Vodafone and CK Hutchison's Three unless the two mobile carriers address the regulator's concerns.
UK's inflation rate fell to 3.4% in February, its lowest level since September 2021. UK's inflation rate was lower than expected at 3. 4% year-on-year in February, down from 4% in January and its lowest level since September 2021, official data showed Wednesday.
The Body Shop has ceased operations in the US and is closing dozens of stores in Canada and the UK amid deepening financial troubles.
Former President Donald Trump was ordered to pay six-figure legal fees to a British company he sued over claims in the "Steele dossier."
Tesco employees have expressed frustration on a month-long delay in a promised pay raise. Tesco employees have expressed frustration on a month-long delay in a promised pay raise.
An 89-year-old man died due to complications arising from excessive intake of vitamin D supplements.
A survey reveals that disruptions in the Red Sea have affected most UK exporters and manufacturers. A British Chambers of Commerce (BCC) survey has revealed that most UK exporters and manufacturers have been affected by Red Sea disruptions that stemmed from shipping attacks by Yemen's Iranian-backed Houthi rebels.
