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The Latest Breaking News from HSBC

Labour says ‘Tory mortgage penalty’ costs homeowners extra £7,000 a year

Opposition finds fallout of Liz Truss mini-budget has raised average mortgage interest payments by £150 a week in two years

The Guardian - UK

HSBC UK reopens broker channel for mortgages

Increased lender rates across the market resulted in significant demand for the bank’s products.

The Independent UK

Mortgage rate panic causes home purchases to fall through as HSBC pulls loans

Yesterday afternoon HSBC became the latest top player to pull its loans

Evening Standard

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HSBC pulls mortgage products and Nationwide hikes deals over fears of rate rises

HSBC has removed its "new business" residential and buy-to-let products, while Nationwide increased its fixed rates as well as reducing some rates on trackers

Daily Mirror

Mortgage turbulence continues as HSBC pulls deals; UK house prices ‘to fall 10%’ – business live

HSBC temporarily removes mortgage products for new customers, as borrowers face higher rates

The Guardian - UK

HSBC temporarily withdraws mortgage deals for new borrowers

Bank removes all its ‘new business’ residential and buy-to-let products after surge in demand

The Guardian - UK

Dow Jones Rallies As Boeing Nears Entry; Here's Why GameStop Is 'Doomed' Despite Ryan Cohen Move

The Dow Jones rose as Boeing stock moved toward an entry. GameStop stock cratered amid a Ryan Cohen move. Amazon stock popped.

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HSBC pulls mortgage products for new borrowers ahead of rates hike

Nationwide Building Society is hiking some fixed rates from Friday while HSBC UK has temporarily removed some products before relaunching on Monday

The Independent UK

More pain for home buyers as Nationwide hikes mortgage rates HSBC deals disappear

It's more bad news for people buying or remortgaging

Wales Online

Mortgage rates hiked and products temporarily withdrawn by lenders - OLD

Nationwide Building Society is hiking some fixed rates from Friday while HSBC UK has temporarily removed some products.

The Independent UK

Martin Lewis' Monday Saving Expert shares how NatWest and HSBC will give new customers £200 free cash

Banks including First Direct, NatWest, HSBC and Lloyds are offering people money to switch to them

Bristol Post

OPINION - Britain is the sick man of the West on inflation and now faces bitter medicine

First, the good news. Inflation is heading lower. US inflation peaked at 8.5 per cent late last year and is now running at around five per cent. Eurozone inflation peaked at 10.6 per cent and is now down to 6.1 per cent. UK inflation peaked at more than 11 per…

Evening Standard

Man locked down in bank after trying to withdraw £15,000 from account amid row with staff

Police raced to a HSBC bank in Huddersfield town centre last Friday at around 11.35am over reports of an incident involving a male customer.

Daily Record

Full list of bank branches due to close before end of this year including 16 across Scotland

Nearly 70 branches of Bank of Scotland, RBS, Barclays, Lloyds, Halifax and HSBC are closing across the UK.

Daily Record

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The Guardian - UK

HSBC increases interest rates on some savings accounts

Rises of up to 0.75 percentage points follow increases at First Direct

Manchester Evening News

HSBC customers to get savings boost as bank makes big changes next week

The bank chain will increase interest rates on some saving accounts with increases of up to 0.75 percentage points

The Independent UK

Banks set out plans to hike savings rates next week

Savers languishing on poor savings rates have been urged to ditch and switch to find a better deal.

Birmingham Post

Bristol and Bath businesses adapt strategies for growth, according to HSBC

Bank says a third of UK businesses plan to adapt their strategies to navigate financial challenges over the next six months

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Liverpool Echo

Four-floor cannabis farm found in former HSBC bank

Police found 275 cannabis plants in the former bank building

Birmingham Post

Welsh upholstery firm buys hotel following HSBC funding package

Lyn Morgan Furnishings has moved from rented premises in south Wales to the Elan Valley in mid-Wales

Chronicle Live

Whitley Bay HSBC branch could be given new lease of life as flats

Fears of a derelict building in Whitley Bay town centre may be quelled if the development goes ahead

The Guardian - UK

Major banks shared sensitive bonds information in online chats, CMA finds

Traders at five banks found to have discussed British government bond trading between 2009 and 2013

Barchart

Stocks Tumble as Debt-Ceiling Deadline Looms

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -1.12%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.69% and the Nasdaq 100 Index ($IU XX) (QQQ ) closed down -1.28%. Stock indexes Monday posted moderate losses as U.S. debt...

The Independent UK

People searching for bank holiday bargains warned to look out for purchase scams

HSBC UK said it recorded a jump in purchase scams in March and warned that scammers could be out to ruin the bank holiday weekend.

Nottingham Post

Interactive map shows all the banks closing across Nottinghamshire

You can see if banks are closing or have closed in Nottinghamshire using the interactive map

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