British banks may have to copy Sweden by protecting cash for elderly to ensure they’re not cut out of payments altogether as experts warn hard currency is on brink of collapse British banks may soon follow Sweden in order to take cash safety precautions New laws could be designed for British banks to replicate the … Read more
British banks may have to copy Sweden by protecting cash for elderly to ensure they’re not cut out of payments altogether as experts warn hard currency is on brink of collapse British banks may soon follow Sweden in order to take cash safety precautions New laws could be designed for British banks to replicate the … Read more
Are banks triggering a mortgage credit crunch? This is Money’s podcast on the coronavirus-hit property market By This Is Money Published: 15:56 BST, 19 June 2020 | Updated: 16:01 BST, 19 June 2020 Banks and building societies have been slashing their mortgage ranges for those with smaller deposits. The number of mortgages available for those … Read more
Credit card interest rates hit a record high this month despite a record low base rate as providers hiked the cost of borrowing for those with poor credit histories or turned down by mainstream banks. The average credit card purchase APR now stands at 25.5 per cent, up from 24.1 per cent last June, after … Read more
Lawyers are raising the alarm about banks releasing vast sums to bereaved relatives who have no legal authority over a loved one’s finances. A ‘wild west’ scenario is allowing people to access amounts of £100,000-plus without getting probate, an important step to gain control over a deceased person’s assets, they say. Financial institutions should adopt … Read more
Darius Guppy was a friend of Boris Johnson at Eton and Oxford Darius Guppy was a friend of Boris Johnson at Eton and Oxford – and best man at the wedding of Princess Diana’s brother, Earl Spencer. He was jailed in the 90s for his part in a £1.8million insurance fraud and is now an … Read more
Investors in HSBC face backlash over bank’s controversial decision to back China on Hong Kong laws By Lucy White For The Daily Mail Published: 21:51 BST, 5 June 2020 | Updated: 21:51 BST, 5 June 2020 HSBC investors are under fire for their silence over the bank’s decision to back controversial laws imposed by China … Read more
Millions are facing almost no returns on their savings as hundreds of banks offer virtually zero interest and the national base rate threatens to dip into the negative. More than 200 High Street banks, including giants like HSBC, have a mere 0.01 per cent interest rate, meaning customers who invest £10,000 will only claw in … Read more
Millions are facing almost no returns on their savings as hundreds of banks offer virtually zero interest and the national base rate threatens to dip into the negative. More than 200 High Street banks, including giants like HSBC, have a mere 0.01 per cent interest rate, meaning customers who invest £10,000 will only claw in … Read more
Millions are facing almost no returns on their savings as hundreds of banks offer virtually zero interest and the national base rate threatens to dip into the negative. More than 200 High Street banks, including giants like HSBC, have a mere 0.01 per cent interest rate, meaning customers who invest £10,000 will only claw in … Read more