October 19, 2023 BY Elizabeth Anderson

EE hopes to rebrand with new EE ID retail platform

In the operator’s shift away from traditional telecommunications, the new platform hosts services and products for all UK customers. They can access these offerings via the EE App, the new EE ID, or the web. These will include gaming consoles, subscriptions and upgrades, tablets, and phones. Don’t miss out the latest news, subscribe to LeapRate’s…

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October 18, 2023 BY Elizabeth Anderson

Alpine Capital branches into wealth management

Alongside this new launch, the company announced major changes within its leading roles. Wentworth Securities Director Malcolm Nutt, Head of Wealth Management Thomas Schoemaker, and Head of Institutional Sales Phil Cawood have joined with the company's finance team who recently founded RE Capital. Not only does this shift signify internal movements, it also aims to…

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October 18, 2023 BY Elizabeth Anderson

Volta reaches the end of the line with bankruptcy filings

Headquartered in Sweden, this electric vehicle outfit also operates in the UK. The move puts 850 jobs on the chopping board, 600 of which are UK-based. However, the dash toward net zero emissions could possibly attract viable interest. Don’t miss out the latest news, subscribe to LeapRate’s newsletter Volta said the liquidation of Proterra and…

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October 17, 2023 BY Elizabeth Anderson

Rare metals await judgement from US Federal Reserve

On Monday's trading session, however, the silver market experienced a small fallback as the 50-day EMA helped the market gravitate towards the $22.50 level. The market will be under constant observation to determine if it can hold a support level. On the Multi Commodity Exchange (MCX), India, gold prices continue to fall; analysts suspect the…

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October 17, 2023 BY Elizabeth Anderson

UK property prices rising at a snail’s pace

Market specialists attributed the phenomenon to the effect of higher interest rates. According to Rightmove data, house prices fell by 0.8% and agreed house sales declined by 17% during the 12 months leading up to October. Don’t miss out the latest news, subscribe to LeapRate’s newsletter In an attempt to bring inflation under control, the…

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October 17, 2023 BY Elizabeth Anderson

Shell shares after new CEO’s focus on oil and gas

Experts believe that the focus of the outfit’s new chief executive officer (CEO), Wael Sawan, on key oil and gas dealings also enticed investor interest. During Monday's trading, Shell’s shares climbed to 2,763 pence in London at a stage. This share price recovery comes after multiple strategic turning points. During the pandemic, oil and gas…

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October 16, 2023 BY Elizabeth Anderson

Asian currencies see falling data amid global conflict

Data on the Chinese yuan notes that lifting Covid-19 restrictions earlier this year has not boosted business transactions as much previously predicted, with the yuan falling 0.1% this week. Its third-quarter gross domestic product data is due later this week, which may shed some light on China’s subdued economic growth and inflexible lending rates. Don’t…

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October 16, 2023 BY Elizabeth Anderson

Citigroup’s third-quarter financial results exceed expectations

Net income for the third quarter pinged the register at $3.5bn. Experts believe a soar in trading revenue, investment banking fees, and interest payments attributed to this positive performance. Jane Fraser, the group’s chief executive officer (CEO), said: Despite the headwinds, our five core, interconnected businesses each posted revenue growth resulting in overall growth of…

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October 16, 2023 BY Elizabeth Anderson

Equifax fined more than £11m by the FCA

This action follows incidents going back to 2017, when, according to the FCA, the company’s parent, Equifax Inc. (EFX), was subject to one of the largest cybersecurity breaches in history. The findings showed that hackers accessed the personal data of approximately 13.8 million people in the UK during this breach. Don’t miss out the latest…

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