As per a Sky News report, the Co-operative Bank was approached by Shawbrooks Groups in recent weeks with detailed intentions for a stock-based merger of…
View More UK’s largest lender to merge with Co-operative Bank
Category: Investment Banking
For the 14th time, the Bank of England is expected to increase interest rates
Today, the Bank of England is prepared to increase the rate of interest for the 14th time in a row, raising concerns regarding the impact…
View More For the 14th time, the Bank of England is expected to increase interest rates
The UK faces a high inflation problem compared to advanced economies, the Bank of England’s Mann says.
Catherine Mann, a policymaker at the Bank of England, stated on Wednesday that, in comparison to the United States and the Eurozone, Britain has a…
View More The UK faces a high inflation problem compared to advanced economies, the Bank of England’s Mann says.
Bank employees are given access to global banks by the Labor
After appointing an HSBC employee for its shadow business team, Labour has been under fire for granting global banking access to the parliament despite the…
View More Bank employees are given access to global banks by the Labor
More hubs needed to help the ones who find using online banking challenging
According to Age UK, many seniors or those on lower incomes wish to interact with those dealing with money. As per a survey conducted, 27%…
View More More hubs needed to help the ones who find using online banking challenging
The student loan interest rate in Britain is expected to increase further
As per official figures, the UK government is charging almost twice the amount of interest on student loans set by the Bank of England. As…
View More The student loan interest rate in Britain is expected to increase further
The UK banks are warned by regulators over miserly savings rates for loyal customers
The UK’s chief financial regulator has warned that millions of loyal customers of high-street banks earning low interest on their savings are likely to have…
View More The UK banks are warned by regulators over miserly savings rates for loyal customers
HSBC offers £200 to switch current accounts as competition intensifies.
As the battle for customers intensifies, HSBC UK has introduced a new £200 current account switching incentive and is raising some savings rates. For users…
View More HSBC offers £200 to switch current accounts as competition intensifies.
Barclays will cut jobs for the second time in six months
Barclays joins the ranks of global investment banks that are slashing jobs due to a decline in dealmaking and stock market flotations. As per sources,…
View More Barclays will cut jobs for the second time in six months
The Bank of England could cut interest rates earlier and faster
One of the senior policymakers at the Bank of England stated that it needs to cut back on interest rates as soon as possible since…
View More The Bank of England could cut interest rates earlier and faster