Interest Rates

Britons ‘may want to check’ high 6% interest rates to bolster returns

Britons ‘may want to check’ high 6% interest rates to bolster returns

Business
Robert Johnson

Experts are reminding bank customers to grab the best savings deals available as multiple accounts are offering accounts with interest rates north ...

Business faces £42bn debt crisis after end of ultra-low rates

Business faces £42bn debt crisis after end of ultra-low rates

Business
Robert Johnson

It came as economists at Europe’s second-largest bank, BNP Paribas, warned that inflation will be higher and “bumpier” in the years to ...

First direct relaunches free £175 cash offer for account switchers but for ‘limited time only’

First direct relaunches free £175 cash offer for account switchers but for ‘limited time only’

Business
Robert Johnson

First direct has announced it is bringing back its popular current account switching deal to new customers. Those who switch to the ...

Virgin Money offers 12% interest on savings in ‘brand-new’ offer

Virgin Money offers 12% interest on savings in ‘brand-new’ offer

Business
Robert Johnson

Virgin Money has announced the launch of a “brand new” deal which could see customers earn a 12 per cent interest rate ...

Blow to Britons as current account switch cash deals ‘vanish’ from the market

Blow to Britons as current account switch cash deals ‘vanish’ from the market

Business
Robert Johnson

Britons have been dealt a harsh blow as current account switching cash offers from major high street banks have “vanished” from the ...

Barclays first quarter earnings, swings back to profit amid overhaul

Barclays first quarter earnings, swings back to profit amid overhaul

Business
Robert Johnson

Signage shines through a window reflecting Barclays head office in Canary Wharf, London, U.K. Bloomberg | Getty Images LONDON — Barclays on Thursday reported ...

Lloyds, HSBC, Barclays and NatWest set to report lower earnings this year as interest rate drop looms

Lloyds, HSBC, Barclays and NatWest set to report lower earnings this year as interest rate drop looms

Business
Robert Johnson

The UK’s biggest banks are set to report lower profits over the start of the year, despite UK interest rates hitting their ...

How Lidl’s breakneck expansion came to a juddering halt

How Lidl’s breakneck expansion came to a juddering halt

Business
Robert Johnson

They also show that Lidl’s debt pile has ballooned from just under £1.7bn in 2020 to £3.1bn at the last count.  Barclays analysts ...

Private equity binge threatens to trigger financial crisis, warns Bank of England

Private equity binge threatens to trigger financial crisis, warns Bank of England

Business
Robert Johnson

In minutes from its March quarterly meeting, the FPC said: “The private equity sector, which is closely related to private credit and leveraged lending, plays an important role ...

first direct to offer £175 in free cash and savers can get ‘best-buy’ seven per cent interest rate too

first direct to offer £175 in free cash and savers can get ‘best-buy’ seven per cent interest rate too

Business
Robert Johnson

first direct has announced it is set to join five other major banks in offering free cash to try and incentivise customers ...