Interest Rates

Big banks slammed for being ‘subsidised by taxpayer’ and failing to pass interest rate hikes

Big banks slammed for being ‘subsidised by taxpayer’ and failing to pass interest rate hikes

Business
Robert Johnson

Big banks are being slammed for being “subsidised by the taxpayer” and failing to pass on higher interest rates to savings and ...

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 ...

Index lower as growth slows, Nvidia soars on Wall Street, Nationwide profits slip

Index lower as growth slows, Nvidia soars on Wall Street, Nationwide profits slip

Business
Robert Johnson

The FTSE 100 steadied this morning after an early fall, as markets digest news of a July election and PMI figures showing ...

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 ...