breaking banking news
- Banking
NatWest to close 43 branches – is your local bank on the list?
NATWEST is to close 43 bank branches across the UK in the latest round of closures revealed by the bank.…
Read More » - Banking
How to tell if your new £20 note is a ‘rare’ one worth hundreds of pounds
AVID coin collector don’t just stop at coins, some even find rare bank notes – and you could be in…
Read More » - Banking
Bank warning for customers as £100m stolen and never returned – how to avoid
IT’S emerged that UK banks have failed to return more than £100million stolen from customers by scammers. New figures show…
Read More » - Banking
Martin Lewis’ Money Saving Expert reveals how to get £175 free cash
A MAJOR high street bank is offering customers free cash to switch their current accounts, but the deal ends tomorrow.…
Read More » - Banking
Bank bosses insist they’ll keep branches open after shutting 5,000 in 8 years
BOSSES of the four major banks have insisted they’ll keep branches open after a grilling from MPs. Leaders of Barclays,…
Read More » - Banking
Millions of Brits warned your bank’s app is not safe – see where yours ranks
VIRGIN Money’s online banking app has been voted as the least secure, according to a cyber investigation by Which? The…
Read More » - Banking
Shoppers could use digital currency dubbed ‘Britcoin’ instead of cash
Treasury and Bank of England consider plans for shoppers to use digital currency dubbed ‘Britcoin’ instead of cash Proposals would…
Read More » - Banking
BoE chief warns interest rates are likely to rise again
Interest rates are likely to rise again, a Bank of England chief warned today – despite surging borrowing costs and…
Read More » - Banking
Try this online calculator to see the salary boost you’ll need to stay ahead of inflation
Many families are struggling to pay their bills amid the cost-of-living crisis, however some are finding ways to cope by using…
Read More » - Banking
Oil broker, 22, ‘smashed whisky glass into recruitment consultant’s head in five-star hotel’
A young oil broker allegedly smashed a whisky glass into another city professional’s head and slashed his ear during a…
Read More » - Banking
Bank of England boss Andrew Bailey hints at steepest interest rise in 30 years
Is interest about to hit 1.75%? Bank of England boss Andrew Bailey hints at steepest rise in 30 years Inflation…
Read More » - Banking
Inflation may hit 15% this winter, as Bank of England hints considering steeper interest rate rises
Inflation may hit 15% this winter, as Bank of England hints it was considering steeper interest rate rises to cool…
Read More » - Banking
New push to stop Stonewall getting taxpayers’ cash after legal battle raised fears
New push to stop Stonewall getting taxpayers’ cash after legal battle raised fears over group’s influence Some Whitehall departments have already…
Read More » - Banking
Liz Truss ally Suella Braverman says she will review Bank of England’s independence to set rates
Liz Truss would look at whether the Bank of England‘s current arrangements are ‘fit for purpose’ if she becomes prime…
Read More » - Banking
UK interest rate rise: How much will your mortgage go up by?
Britons were today already suffering financial pain after the Bank of England raised interest rates by 0.5 per cent to…
Read More » - Banking
Tories at war over collapsing economy: Rishi Sunak and Liz Truss BOTH say that only they can fix it
Tory leadership favourite Liz Truss said that a UK recession was ‘not inevitable’ tonight amid warnings of a year of…
Read More » - Banking
Mortgage interest rates: Families on fixed rates face paying thousands more
Millions of homeowners are facing a ‘mortgage time bomb’ as their fixed-rate loans come to an end, experts have warned, after…
Read More » - Banking
DAILY MAIL COMMENT: Floundering Bank of England governor needs to grip the tiller
DAILY MAIL COMMENT: Floundering Bank of England governor needs to grip the tiller By Daily Mail Comment Published: 20:10 EST,…
Read More » - Banking
Bank of England ‘was too focused on woke agenda’ after donating almost £10,000 to Stonewall
Bank of England ‘was too focused on woke agenda’ after donating almost £10,000 to Stonewall, says Tory peer The Bank…
Read More » - Banking
Boris Johnson REFUSES to take action to ease cost-of-living pain before quitting No10 in A MONTH
Boris Johnson REFUSES to take action to ease cost-of-living pain before quitting No10 in A MONTH: PM returns from honeymoon…
Read More » - Banking
DAILY MAIL COMMENT: Gloomy experts will talk us into recession
DAILY MAIL COMMENT: Gloomy experts will talk us into recession By Daily Mail Comment Published: 20:33 EST, 12 August 2022…
Read More » - Banking
FTSE 100 hits new ALL-TIME high of 7,906 after global stocks rally
FTSE 100 hits new ALL-TIME high of 7,906 after global stocks rally on signs of resilience in US and UK…
Read More » - Banking
More pain for Brits as Bank of England is set to hike interest rates TODAY
Brits are braced for more pain today with the Bank of England expected to hike interest rates again. Analysts are…
Read More » - Banking
Heating costs are soaring – but here’s why you shouldn’t stop paying the bill
Heating costs are soaring – but here’s why you SHOULDN’T stop paying the bill… or halt pension contributions By Simon…
Read More » - Banking
Households are sent letters warning E.On energy bills will rise from £180 to £458
Energy firms are sending households notice of the vastly higher direct debits they will pay within days – despite the…
Read More » - Banking
Market chaos sees Pound slump to ALL-TIME low of $1.03
The Pound tumbled again tonight as the Bank of England stopped short of an emergency interest rate hike in the…
Read More » - Banking
Why are mortgage rates rising and what if I can’t pay? Uncertain homeowners’ questions answered
Why are mortgage rates rising and what if I can’t pay? The vital questions answered as homeowners face uncertain future…
Read More » - Banking
Mortgage market turmoil continues: HSBC and Santander suspend new deals and Nationwide hikes rates
HSBC and Santander have suspended new mortgage deals and Nationwide had increased its rates amid fears homeowners could be forced…
Read More » - Banking
Ex-Bank of England governor Mark Carney slams Kwasi Kwarteng’s ‘partial budget’
Former Bank of England governor Mark Carney has slammed Kwasi Kwarteng for ‘undercutting the UK’s financial institutions’ after the chancellor’s…
Read More » - Banking
Liz Truss is doing the right thing, writes Conservative peer LORD HANNAN
What Liz Truss is doing is brave and right, however unpopular it may be in the short term. She has…
Read More » - Banking
Glimmer of good news as UK economy ISN’T in recession (yet)
The UK is NOT in recession (yet): Economy grew 0.2% in second quarter, revised from a 0.1% fall… but GDP…
Read More » - Banking
Liz Truss vows to stick to tax-cutting plans despite chaos
The OBR will deliver its verdict on the government’s books to Liz Truss and Kwasi Kwarteng in a week after crisis talks…
Read More » - Banking
Middle-class families turn to ultra-long mortgage deals to lower their monthly repayments
Here comes the 40-year mortgage: Middle-class families turn to ultra-long mortgage deals to lower their monthly repayments There are fears…
Read More » - Banking
ALEX BRUMMER: Once again, the financial watchdogs failed to bark…
ALEX BRUMMER: Once again, the financial watchdogs failed to bark… We have been living in a fool’s paradise By Alex…
Read More » - Banking
Cancer care and mental health services could be cut to slash NHS spending by £20billion
Cancer care and mental health services could be cut to slash NHS spending by £20billion over three years, finance officer…
Read More » - Banking
Jacob Rees-Mogg insists financial markets meltdown ‘not necessarily’ to do with mini-Budget fiasco
Jacob Rees-Mogg accuses the BBC of bias in fiery radio interview as Business Secretary insists financial markets meltdown is ‘not…
Read More » - Banking
Bank of England rattles market by giving ‘conflicted and confused’ guidance over emergency bailout
Dithering Bank of England ‘flip-flops over ending pension bailout’ – after rattling markets with ‘conflicted and confused’ guidance Bank of…
Read More » - Banking
ALEX BRUMMER: The biggest danger to prosperity is piling on yet more hardship for families
ALEX BRUMMER: The biggest danger to prosperity is piling on yet more hardship for families By Alex Brummer for the…
Read More » - Banking
Pound dives 2% against dollar to $1.1158 after Bank of England raised interest rates by 0.75% to 3%
The pound has plummeted against the dollar over fears of recession after the Bank of England predicted that the economy would…
Read More » - Banking
Gamble for house-hunters: Lenders offer fixed-term mortgages as low as 5.3% but experts predict FALL
Homeowners and prospective buyers have been left with fresh headaches as mortgage rates offered by high street lenders remain stubbornly…
Read More » - Banking
Ex-Bank of England chief Mark Carney under fire after blaming Brexit for rising interest rates
Former Bank of England governor Mark Carney came under fire today after he claimed Brexit was to blame for rising…
Read More » - Banking
I can’t fix all your problems, says Sunak who admits ‘It’s right we’re honest about trade-offs’
I can’t fix all your problems, says Rishi Sunak who confirms he REFUSED to step aside for Boris in leadership…
Read More » - Banking
Jeremy Hunt is set to wield the axe in £35bn of spending cuts as he eyes £25bn in tax rises
Rishi Sunak has dismissed claims he will be ‘Scrooge’ this Christmas despite mounting fears over looming tax hikes and austerity.…
Read More » - Banking
Rishi Sunak denies being ‘Scrooge’ as threat to state pensions triple-lock mounts
Rishi Sunak has dismissed claims he will be ‘Scrooge’ this Christmas despite mounting fears over looming tax hikes and austerity.…
Read More » - Banking
Bank of England chief economist warns interest rates WILL rise again
Bank of England chief economist warns interest rates WILL rise again to combat inflation despite UK facing brutal recession Bank…
Read More » - Banking
Recession worries mounts as UK economy shrinks by 0.2% in second quarter
The Bank of England warned the battle against inflation could last two years today as grim figures showed the economy…
Read More » - Banking
Bank of England staff reject pay rise offer despite Gov Andrew Bailey urging workers to restrain
Even Bank of England staff reject pay rise offer despite Governor Andrew Bailey urging workers to exercise restraint Workers were…
Read More » - Banking
Major bank offering £200 free cash – how to claim
A MAJOR bank is offering new and existing customers £200 if they make a switch. Lloyds Bank is giving the…
Read More » - Banking
Has inflation FINALLY peaked? Headline CPI rate eases to 10.7% in November
Has inflation FINALLY peaked? Headline CPI rate eases to 10.7% in November – below expectations – offering hope to struggling…
Read More » - Banking
Bank of England braces to hike interest rates AGAIN from 3% to 3.5%
Bank of England hikes interest rates AGAIN from 3% to 3.5% heaping more pain on struggling Britons despite signs inflation…
Read More »
