The number of people swapping current accounts between January and March using the official service fell more than a quarter on the previous three months, data shows. In that previous three month stretch, switchers were largely lured in by a cash carrot offered by one of Britain’s biggest banks, Lloyds, which gobbled up the most customers … Read more
Global banks’ losses from the Archegos Capital implosion soars past £7bn By Daily Mail City & Finance Reporter Published: 23:15 BST, 27 April 2021 | Updated: 23:35 BST, 27 April 2021 Archegos Capital sent ripples across the world last month when it hit the buffers Banks’ losses from the Archegos Capital hedge fund implosion have … Read more
The big banks had all deserted the Essex market town of Rochford, with Barclays the last to shut in 2017. It was not thought cost-effective to keep full-time branches open in the town, which dates from medieval times and now has a population of 8,400. From then on, cash could only be withdrawn from two … Read more
The banks that grow trees as well as your savings: NS&I to launch new ‘green’ account this summer Oxbury Bank’s Forest Saver account funds woodland creation projects Gatehouse Bank has launched a range of Green Saver fixed-rate bonds and Isas Triodos Bank lends your money to environmental, cultural and social projects By Sylvia Morris For The … Read more
Hilary Duff shared a heartwarming snap to her Instagram account on Monday. The Disney Channel alum was seen relaxing in bed with her daughters Banks, aged two, and Mae, aged one month, while her husband, Matthew Koma, remained off-camera. The 33-year-old actress also wrote a brief and humorous message in the post’s caption to let … Read more
Police officers hunting for a mystery vandal who chopped down 50 trees along the banks of the Thames in Surrey have arrested a 24-year-old man who was found with chainsaws in his van. Council officials and detectives had been left baffled by the series of tree axing which started on Sunday, March 21 and a … Read more
Police officers hunting for a mystery vandal who chopped down 50 trees along the banks of the Thames in Surrey have arrested a 24-year-old man who was found with chainsaws in his van. Council officials and detectives had been left baffled by the series of tree axing which started on Sunday, March 21 and a … Read more
Markets addicted to inflationary monetary policy have central banks over a barrel, says ADRIAN LOWERY: So savers face negative real interest rates for years to come By Adrian Lowery for Thisismoney.co.uk Published: 07:47 BST, 16 April 2021 | Updated: 07:47 BST, 16 April 2021 Global markets have got central banks over a barrel. Both bond … Read more
The Bank of England’s loss is a gain for the historic Royal Society for Arts, Manufactures & Commerce (RSA). Amid the dull upper-echelons at the Bank of England, chief economist Andy Haldane is the figure most willing to think out of the box. He has been a breath of fresh air in the pandemic, with … Read more
Fears for small firms as banks prepare to claw back billions in Covid loans HSBC, NatWest, Barclays and Lloyds have begun sending letters to customers Banks are allocating hundreds of extra staff to spearhead the recovery efforts They have handed out more than £75bn to 1.6m firms under Government scheme By Helen Cahill and Emma … Read more