Fintech Klarna records loss as it expands into conventional lending

Swedish group has been diversifying away from its bread-and-butter model of deferred payment loans

Posted on Tuesday November 18, 2025

Crest Nicholson says profits hit by Budget uncertainty

Housebuilder revises guidance after ‘subdued market’ over the summer

Posted on Tuesday November 18, 2025

Amundi to take 10% stake in ICG as it pushes into private credit

Deal with London-based firm boosts French group’s aim to be a ‘consolidator’ in asset management industry

Posted on Tuesday November 18, 2025

UBS to USA: ‘May I meet you?’

Plus, Blue Owl offers its private credit investors a tough choice and Ashurst and Perkins Coie strike big law’s latest merger

Posted on Tuesday November 18, 2025

ECB’s top supervisor seeks new powers to override bank capital barriers

Claudia Buch says EU should look ‘more favourably’ at waivers to help lenders move money more freely around the bloc

Posted on Tuesday November 18, 2025

US tech stocks sell off as traders fret over ‘frothy’ AI valuations

Nasdaq sinks as heavyweights including Nvidia and Microsoft sustain steep falls

Posted on Tuesday November 18, 2025

Ocado shares sink after key customer Kroger closes warehouses

UK tech retail group launched partnership with US grocer in 2018 to develop a number of customer fulfilment centres

Posted on Tuesday November 18, 2025

MI5 warns UK MPs over China spy threat

House of Commons Speaker tells lawmakers Beijing is using ‘recruitment agents and consultants’

Posted on Tuesday November 18, 2025

We have to be able to hold tech platforms accountable for fraud

Algorithms ensure that people who click on scams are likely to see more of them

Posted on Tuesday November 18, 2025

Foreign nationals should ‘bear the brunt’ of cuts, says Reform UK as it seeks to save £25bn

Rightwing populist party claims chancellor Rachel Reeves can avoid tax rises at next week’s Budget

Posted on Tuesday November 18, 2025