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The Latest Breaking News from HSBC

How to choose the best UK student bank account

From the ‘must-have’ overdraft to money off food and rail travel

The Guardian - UK

British Muslims say banks ruin lives with debanking policies

LONDON: When former postman Iqeel Ahmed told staff at his local Halifax branch he couldn’t feed his family because he was locked out of his account, they asked whether he had tried the nearest food bank.

The Times of India

Red Bull needs to watch its back, according to analysts

Monster is trying to reach more females in a male-skewed consumer base—but that's just the tip of the iceberg as it competes with Red Bull.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Like Nigel Farage, British Muslims say they are being ‘de-banked’

Often without providing clear reasons, banks appear to be disproportionately closing the accounts of British Muslims.

Al Jazeera

‘It gets better and better’ — Natwest is latest major lender to cut mortgage rates

Natwest follows Halifax, HSBC, Nationwide and TSB, among others, in bringing its rates back down after a wave of increases

Evening Standard

Banks offer relief for homeowners as mortgage rates slashed

Predictions of ‘price war’ good news for first-time buyers and hard-pressed mortgage holders

The Independent UK

Four of Britain’s biggest lenders cut rates on fixed mortgage deals

Halifax, HSBC, Nationwide and TSB reduce rates, easing pressure on hard-pressed homeowners

The Guardian - UK

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Brokers hope for ‘price war’ as UK’s biggest mortgage lender Halifax latest to cut interest rates

Halifax is the UK’s biggest mortgage lender

Evening Standard

HSBC executive apologises for calling UK weak over China

Sherard Cowper-Coles claimed British government was bowing to US demands in dealing with Beijing

The Guardian - UK

A top HSBC boss called the U.K. ‘weak’ for taking sides with the U.S. against China

Sherard Cowper-Coles, head of public policy for HSBC and a former diplomat, said his comments were made in a private setting and were his personal views.

Fortune

Should I overpay my mortgage monthly or with a lump sum at the end of each year?

I have a five-year fixed-rate deal, just missed the rising interest rates and want to plan for an uncertain future

The Guardian - UK

India or China? How to invest in the coming Asia boom

NEW DELHI/BEIJING: Money managers are navigating an historic shift: India’s population, at 1.43 billion, edged past China’s this year.

The Times of India

This Sydney Bloke Woke Up To A Rogue $105K In His Bank Account Thanks To A Mystery Fuck-Up

"I'm surprised at how easy it is to transfer $100k."

Pedestrian.tv

Canary Wharf is big enough to ride out HSBC’s exit

City Comment: The citadel that rose from the ruins of Docklands is not going anywhere

Evening Standard

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Evening Standard

Despite HSBC blow, Canary Wharf’s future stays bright

City Voices: Canary Wharf will keep transforming

The Independent UK

Banks under fire as HSBC profits surge while borrowers are squeezed

The chair of the Treasury Committee said the latest figures show major lenders are not sufficiently passing on higher interest rates to savers

The Guardian - UK

HSBC more than doubles profits as interest rates soar

Bank says it earned £17bn in first half and will hand more money back to shareholders

Evening Standard

UK house prices fall at fastest annual rate for 14 years

The price of a typical home is now 4.5 per cent below the August 2022 peak

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news in one place.

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Evening Standard

HSBC profits double but it warns 'tougher time’ on the way

HSBC poured fuel on the row about bank profits today with stonking profits of nearly £17 billion in just the last six months.

Evening Standard

FTSE 100 Live: Shares slip, Nationwide house prices down, BP profits fall but dividend up

Shareholders of BP, HSBC and Diageo can expect more big dividends after the trio of FTSE 100 heavyweights posted results today.

The Guardian - UK

UK recession fears swirl as factory output falls and house prices slide – as it happened

Nationwide reports average house prices fell 3.8% in year to July, biggest annual drop in 14 years, while manufacturers suffer worst month of 2023

The Independent UK

Recession fears as house prices slump and manufacturers suffer worst month since lockdown

Price of a typical home is now 4.5 per cent below the August 2022 peak

The Independent UK

UK house prices fall at fastest annual rate in 14 years

The price of a typical home is now 4.5% below the August 2022 peak, Nationwide Building Society said.

The Guardian - UK

Banks with lowest savings rates to face ‘robust action’, warns UK financial watchdog

FCA gives banks four weeks to justify savings rates as it lays out 14-point plan to monitor treatment of customers

The Guardian - UK

Where were Nigel Farage and his defenders when Muslim bank accounts were shut down?

Establishment voices outraged by his ejection from Coutts were silent when charities were falsely linked to terrorism, says Miqdaad Versi of the Muslim Council of Britain

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