Banking And Finance NEWS

Optimism falling in UK financial sector

Sentiment in the UK’s financial services sector is continuing to fall as firms face the challenges of the country leaving the European Union, it was reported on Monday. More than half of all … Continue reading “Optimism falling in UK financial sector”


‘Business as usual’ for commercial and household lending in the UK

There has been little change in borrowing patterns among UK consumers and businesses since the EU referendum, according to figures released on Wednesday by the British Bankers’ Association (BBA). The trade association for … Continue reading “‘Business as usual’ for commercial and household lending in the UK”


How Might the Chancellor’s Autumn Statement Affect Landlords?

The year 2016 has definitely been a turbulent one for Britons, especially landlords. The property market is still reeling from the result of the EU referendum in addition to some of the new … Continue reading “How Might the Chancellor’s Autumn Statement Affect Landlords?”


Bank of England cuts interest rates to new record low

The Bank of England?s Monetary Policy Committee (MPC) has announced a cut in the base rate as part of a package of measures designed to boost growth following the UK?s vote to leave … Continue reading “Bank of England cuts interest rates to new record low”


Brexit will hit UK jobs, IoD survey finds

Leaving the European Union will lead to job losses in UK businesses, according to a survey released today by the Institute of Directors (IoD). The organisation?s snap business reaction survey revealed that nearly … Continue reading “Brexit will hit UK jobs, IoD survey finds”


Silver spenders jump on the contactless bandwagon

Credit card provider Barclaycard revealed on Thursday that the ‘touch and go’ method of paying for goods is becoming increasingly popular with the older generation in the UK. Contactless usage is growing among all age … Continue reading “Silver spenders jump on the contactless bandwagon”


Bank of Mum and Dad will help to finance 25% of all UK mortgage transactions this year

New research published on Tuesday by the Centre for Economics and Business Research (Cebr) and FTSE100 financial services group Legal & General shows that the Bank of Mum and Dad will lend over GBP5bn this year, to enable … Continue reading “Bank of Mum and Dad will help to finance 25% of all UK mortgage transactions this year”


New Royal Bank of Scotland £5 and £10 polymer notes to feature two female Scottish writers

The Royal Bank of Scotland revealed on Monday that its new GBP5 polymer notes will feature Scottish novelist and poet Nan Shepherd, while the new GBP10 notes will feature Scottish science writer and polymath Mary Somerville. Following polling surveys … Continue reading “New Royal Bank of Scotland £5 and £10 polymer notes to feature two female Scottish writers”


UK business confidence bounces back

Financial services provider Lloyds Banking Group published the Lloyds Bank Business Barometer for March 2016 on Thursday, which reveals improved business confidence in the UK. According to the latest Lloyds Bank Business Barometer, UK business confidence … Continue reading “UK business confidence bounces back”


LSE and Deutsche Boerse revisit merger plans to create £21bn exchange giant

Merger terms have been agreed between two exchange companies, the London Stock Exchange Group (LSE) and Deutsche Boerse, to create one of the largest exchange companies globally, with a combined value of approximately … Continue reading “LSE and Deutsche Boerse revisit merger plans to create £21bn exchange giant”


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