Interest Rates

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

Business

Robert Johnson

2024-05-07 01:44 AM

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

Business

Robert Johnson

2024-05-01 04:09 PM

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

Business

Robert Johnson

2024-04-28 04:47 PM

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

Robert Johnson

2024-04-25 09:18 AM

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

Robert Johnson

2024-04-21 12:35 PM

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

Robert Johnson

2024-03-30 12:23 PM

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

Robert Johnson

2024-03-27 08:20 PM

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 ...