Skip to content
City AM
Main navigation
Download free app
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Insurance
      • Square Mile and me
      • Tech
      • Legal
      • Banking
      • Property
      • Retail
      • Crypto
      • Transport
    • From our partners
      • AON
      • Tottenham Hotspur Stadium
      • Eastern City BID
      • London Stansted Airport
      • YourCause from Blackbaud
      • Inside Saudi
      • Central London Alliance CIC
    • Featured

      HSBC: City market’s top firm turns to Asia and Middle East

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
      • The Punter
    • From our partners
      • The Morning Briefing: SBS x City AM
      • Aramco Team Series
      • LIV Golf
    • Featured

      Premiership run-in: Saints and Bath will impact top four

      2Look at the Premiership table and you’ll see that the top team and Challenge Cup finalists Bath are 15 points clear of second-placed Leicester Tigers, and Champions Cup finalists Northampton Saints are 17 points safe from dropping out of the top eight.

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Life&Style
    • Life&Style
      • Life&Style
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • The King’s Awards 2024
    • Featured

      Here We Are, National Theatre, review: Stephen Sondheim musical is more Severance than sing-a-long

      Rory Kinnear and Jane Krakowski lead the cast in Here We Are, the final show with music from the composer Stephen Sondheim (Photo: Marc Brenner)

      Submit a story

      Tell us your story.

      Submit
  • Latest Paper
  • Personal Finance
  • CityAM Awards
  • Sign In
  • Sign Out
  • My Account

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

Take 2 mins to learn more at www.coinbase.com/uk-fca-info

Aldermore

  • London gets even worse for first-time buyers as UK cities ranked

    Property

    London has become an even worse city for first-time buyers, according to new figures, but the situation has now stopped people flocking to the capital for the social and career opportunities. The capital has moved down one place to 44th out of 50 in the latest ranking from mortgage provider Aldermore. The study compared cities [...]

    Demand for London property is still high despite the financial risks
  • Challenger banks ‘still a year away’ from competing with major lenders, Aldermore chief executive Phillip Monks says

    Challenger banks are still at least a year away from being able to fully compete with the dominant UK lenders, according to the chief executive of Aldermore. Phillip Monks, who founded the first UK challenger bank 10 years ago, said the main players in the sector must secure a licence to adopt an internal ratings-based [...]

  • UK blockchain startup launches equity crowdfunding round

    Sponsored

    For venture-minded investors who have yet to make any major forays into the tantalising yet potentially risky ICO world of blockchain and cryptocurrency, one equity investment opportunity live now on Crowdcube may prove to be a gateway.  Introducing: the bank account based on blockchain BABB (Bank Account Based Blockchain) is a UK-based startup. It is building [...]

  • Tesco Bank, Metro Bank and Aldermore put more pressure on Treasury over George Osborne’s new bank tax

    September 6, 2015

    The government is expected to face fresh criticism this week as politicians and City bosses step up their attacks on a new bank tax. Labour and the SNP have tabled amendments that would exempt challenger banks and building societies from having to pay an additional eight per cent of UK profits in corporation tax, the [...]

  • Profits double at Aldermore as lending grows

    August 28, 2015

    The Chief executive of Aldermore yesterday shrugged off the impact of UK tax changes on the challenger bank’s growth trajectory, as the firm revealed that it more than doubled profit in the first half of the year.    The six-year-old bank beat expectations with an underlying pre-tax profit of £44m as it issued more mortgages [...]

  • Aldermore shares jump nine per cent as it reports strong rise in profits as loans increase

    August 27, 2015

    Challenger bank Aldermore reported a strong rise in profits in the first half as it issued more loans to small and medium-sized businesses. Aldermore's share price has jumped nine per cent on the news. The figures The bank reported underlying profit before tax of £44m for the first half of 2015, an increase of 109 [...]

  • July Budget 2015: Challenger bank share prices plummet – Aldermore, Virgin Money, Shawbrook and OneSavings suffer worst day ever

    July 8, 2015

    Publicly-traded British challenger banks suffered their worst day on record yesterday, as chancellor of the exchequer George Osborne said yesterday that a new corporation tax surcharge would take a significant chunk out of the industry’s profits.   Reading-based retail bank Aldermore, which floated on the London Stock Exchange earlier this year, saw its share price [...]

  • Morrisons stays in the FTSE 100 as Aggreko drops out and Inmarsat is promoted

    June 3, 2015

    Troubled supermarket Morrisons held on to its listing in the FTSE 100, while power outsourcer Aggreko was given the boot as part of the index's quarterly reshuffle. Satellite maker Inmarsat will replace the company, which in recent months has been hit by the strength of the pound. Meanwhile, a trio of challenger banks, including Aldermore, [...]

  • Lloyds and Aldermore lead SME loan rise

    May 28, 2015

    Banklending to small businesses picked up at last in the first quarter, Bank of England figures showed yesterday.   Net lending to small- and medium-sized enterprises (SMEs) rose by £615m in the first quarter of 2015.   It marks a sharp reversal after years of decline – in the final quarter of 2014, net lending [...]

  • Aldermore ramps up the lending after IPO as challenger bank set to meet investor expectations

    May 14, 2015

    Challenger bank Aldermore reported a sustained surge in lending in the first quarter of the year, continuing to rack up the growth after going public in March. Net lending increased seven per cent in the three-month period to hit £5.1bn, with organic loan origination coming in at £568m, up nine per cent on same period of [...]

Posts pagination

  • Page 1
  • Page 2
  • Page 3
  • Page 4
  • Next

Trending Articles

  • Interest rate cut hopes fade after Bank of England decision

  • Krapp’s Last Tape review: Stephen Rea is sublime

  • London Lions savour turnaround and eye Super League Basketball play-off final

  • Time to build homes on the green belt, Sadiq Khan says in major strategy pivot

  • HSBC: City market’s top firm turns to Asia and Middle East

  • test_editor

  • test post 3

  • Test Post

  • Does Bank Rate really control inflation?

  • Test banner placement

Subscribe

Subscribe to the City AM newsletter to have our top stories delivered directly to your inbox.

Subscribe
  • About us
  • Careers
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy
  • News
  • Markets & Economics
  • Opinion
  • Life&Style
  • Personal Finance
  • Got a story?
  • The Punter
  • City AM Curated
  • Wine
  • Casino

Follow us for breaking news and latest updates

  • Facebook
  • X
  • Instagram
  • LinkedIn
  • Newsletters
  • Advertising
  • About
  • Tickets
Copyright 2025 City AM Limited