The Latest Breaking News on Financial Services

South West firms concerned about economy - but positive about own prospects

Target areas for growth in the next six months include investing in teams and exploring new markets, the Lloyds report said

Birmingham Post · Oct 31, 2022

People on the move: key North East appointments and promotions of the week

Companies in this week's round-up include Elanders, Bedmax, GB Bank and ITPS

Birmingham Post · Oct 30, 2022

RBA to pull trigger on seventh rate hike

The central bank is set to capture the headlines this week, with most experts predicting it will tighten monetary policy by another 25 basis points on Tuesday.

AAP · Oct 29, 2022

Reserve Bank reports record $40bn loss on government bonds purchased during Covid pandemic

RBA will likely not pay government dividends for years until negative equity of $12.4bn is restored and built up

The Guardian - AU · Oct 27, 2022

Lloyds Bank debt fears as talk of house price crash grows

FRESH fears about the UK economy emerged today when Lloyds Bank set aside more than half a billion pounds to deal with bad debts and warned on a “deteriorating” outlook.

Evening Standard · Oct 27, 2022

Santander issues urgent warning after a woman loses £80,000

The bank discovered that more than 70 per cent of purchase scams can be found on social media

Manchester Evening News · Oct 27, 2022

Lloyds bank predicts 8% fall in house prices as its profits tumble

Larger-than-expected drop in profits to £1.5bn in third quarter comes despite rising interest rates

The Guardian - UK · Oct 27, 2022

FTSE 100 Live: Amazon shares plunge, gas prices plummet 60%, Euro dips

Amazon’s slide in value and Elon Musk’s Twitter takeover have led to a dramatic few hours in Wall Street’s Big Tech sector.

Evening Standard · Oct 27, 2022

Banks forecast sharp interest rate hike

Mortgage holders are likely to see repayments jump even higher as the inflation dragon proves harder to slay than expected.

AAP · Oct 27, 2022

EXPLAINER: What's up with the Bank of Japan's unique track?

Even as the Federal Reserve and the world’s other central banks raise interest rates to try to curb inflation, the Bank of Japan has stood firm, keeping its key interest rate at minus 0.1%

The Independent UK · Oct 27, 2022