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Accountancy & Finance

LSBF News

KPMG looks to cloud-based accountancy to attract SMEs

KPMG is trying to attract smaller businesses with a new cloud-based accountancy service. KPMG is well known in the professional…

Twitter users in France can now ‘tweet money’

Twitter has teamed up with a French bank to allow users to transfer money by tweet. Apple recently announced its…

Virgin Money plans £2 billion flotation

Virgin Money has become the latest challenger bank to announce plans to float on the stock market. With Lloyds Banking…

New dawn for Co-op Group?

The Co-operative Group could be moving into a new era amid a period of major changes. The Co-operative Group has…

Lloyds sells off 11.5% more of TSB stake after IPO success

Lloyds Banking Group has continued to sell off its stake in TSB with a further divestment of 11.5 per cent.…

Bank switching rises with 7-day service

More and more people are switching bank accounts since a seven-day switching system was introduced. Last September, moves were finally…

Lifetime ISA pitched to resolve UK pension crisis

An academic has claimed that a new ‘lifetime ISA’ could help to prevent a capital crisis in the UK. As…

London hedge funds focusing on US rather than Europe

More and more London-based hedge funds groups are looking across the Atlantic for investment opportunities. Winton Capital, Odey Asset Management…

British Chambers of Commerce warn against hasty interest rate rises

The Bank of England has been advised by the British Chambers of Commerce to approach interest rate increases with caution.…

BNP Paribas to pay record $8.9 billion fine

French bank BNP Paribas has been fined $8.9 billion after it admitted helping clients to breach global sanctions. French banking…

Lloyds sells bigger stake in ‘oversubscribed’ TSB IPO

Lloyds has had to sell more of its stake in TSB than anticipated in a highly successful IPO. Lloyds Banking…

Barclays develops contactless payment wristbands

Barclays says it will roll out wristbands that can be used for contactless payments in the next few months. It…

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