Four more of the biggest banks in the United Kingdom are set to announce record profits this year. The last year saw lenders benefit from higher borrowing costs, although they will face questions over the outlook for the year ahead. Barclays, HSBC,
Xi Jinping’s China finds itself ‘at the point where the rubber hits the road,’ said Bob Lyddon (Image: GETTY) China’s volatile economy is now at a point “where the rubber hits the road”, leaving UK banks HSBC and Standard Chartered vulnerable, as
The Bank of England governor insisted people must be able to have face-to-face banking services on a daily basis.His staunch defence of High Street banks comes amid a torrent of branch closures across the UK.Lenders have already announced at least 189 branches
Dozens of firefighters were called and 50 people led to safety after a canal in London burst its banks as Storm Henk battered the nation. Fire crews were called to flooding between Dace Road and Wick Road in Hackney Wick at around
Raw sewage has spilt from a flooded treatment works in Surrey after Storm Henk caused the River Mole to burst its banks, with a shocking clip capturing the alarming spectacle. Filthy water is shown spreading across a public footpath beyond the fence
The Financial Conduct Authority has put forward regulations requiring banks to plug gaps in “cash deserts” – large areas with no branches or ATMs. The new powers will not prevent bank branches from closing but will have an impact where branches are
Princess Kate raises awareness for baby banks amidst rising cost-of-living challenges (Image: Getty) Kate, 41, dropped off 50 copies of The Owl Who Was Afraid of the Dark in a trip to highlight the “vital” work and “life-line” provided by a network
Banks have been warned not to stifle legitimate legal cases ahead of a fresh wave of PPI claims which may cost high street lenders billions of pounds. The latest round of Payment Protection Insurance (PPI) claims comes after it emerged banks and
Chinese financial “contagion” may spread to the rest of the world after a British bank lost more than £500million “betting big” on the country, a UK-based expert has warned. The world’s second-largest economy has been under the microscope in recent months, especially
Banks could be forced to pay out billions more in Payment Protection Insurance (PPI) claims following a decision in the Supreme Court that opens the door to historic claims. The ruling, handed down on Wednesday, has created an opportunity for claims dating