Interest Rates
Business faces £42bn debt crisis after end of ultra-low rates
Business
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
Business
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’
Business
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
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
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 ...
