The Latest Breaking News from HSBC

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 Guardian - UK · Aug 1, 2023

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 · Aug 1, 2023

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 Independent UK · Aug 1, 2023

What is Tottenham Hotspur billionaire Joe Lewis accused of?

Joe Lewis has been accused of 16 counts of securities fraud in the US. We examine the allegations through the companies he invested in

The Guardian - UK · Jul 26, 2023

Fresh hope mortgage mayhem is ending as HSBC becomes first major lender to cut rates

It follows last week’s long-awaited good news on the cost-of-living crisis, when the rate of inflation fell more quickly than expected

Evening Standard · Jul 25, 2023

HSBC, Nationwide and TSB failed to send transaction histories to some customers

The providers breached a requirement that payment transaction histories should be provided to customers when they close their account.

The Independent UK · Jul 25, 2023

What do you get if greed is rife, government stupid and planning abused? Canary Wharf and other such horrors

As big firms exit what came to be a symbol of the office age, we can finally start thinking about building truly civilised cities, says Guardian columnist Simon Jenkins

The Guardian - UK · Jul 21, 2023

Tech-savvy UK businesses to invest in AI to replace staff and cut costs – HSBC

British businesses are looking to better use technology to cut costs, HSBC found in its latest survey of 500 firms.

The Independent UK · Jul 19, 2023

FCA warns it will crack down on banks that fail to pass on savings rates

Nikhil Rathi tells Treasury committee there are ways to assess whether customers are being treated fairly

The Guardian - UK · Jul 18, 2023

UK investors backtrack on support for climate resolution at oil firms’ AGMs

Asset management firms accused of sacrificing climate action by voting against shareholder resolution at Chevron and ExxonMobil

The Guardian - UK · Jul 17, 2023