Interest Rates
Blow to Britons as current account switch cash deals ‘vanish’ from the market
Business
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
Business
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
Business
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
Business
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
Business
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
Business
first direct has announced it is set to join five other major banks in offering free cash to try and incentivise customers ...
Get ready for 3pc interest rates, says KPMG
Business
KPMG expects the economy to recover from the recession only slowly, with growth of 0.3pc this year and 0.9pc the next. The ...
‘Opposite direction borrowers have hoped!’
Business
Mortgage rates rose last month amid a “volatile” property market in another blow to homeowners, according to new data. Experts are warning ...
Mortgage warning as Halifax and Virgin Money launch sub-1% mortgage deal on new homes â but scheme slammed as âdangerousâ
Business
A mortgage product which could see homeowners pay one per cent interest on repayments initially has been slammed as âdangerousâ by brokers. ...
Soaring interest rates are the real reason Britain has a debt problem
Business
Debt interest being such a large factor as it is now is far from being a new phenomenon. During the Napoleonic Wars, ...