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The Latest Breaking News from Ian Stuart

‘This is going to sting’: What would a mortgage crisis mean for homeowners and renters?

Current rates of nearly 6 per cent causing equivalent ‘stress’ to double-digit rates of 1980s, Andy Gregory writes

The Independent UK

‘This is going to sting’: What will mortgage chaos mean for homeowners and renters?

Current rates of nearly 6 per cent causing equivalent ‘stress’ to double-digit rates of 1980s, Andy Gregory writes

The Independent UK

Santander is latest major lender to announce pause to some mortgage applications

The bank will not be accepting new applications via intermediary and online channels temporarily from Monday evening, ahead of a Wednesday relaunch.

The Independent UK

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Mortgage mayhem: NatWest increases rates as Santander temporarily pulls some deals – as it happened

Bank of England policymaker Jonathan Haskel says interest rates may need to rise higher, as mortgage providers raise rates or withdraw deals

The Guardian - UK

HSBC UK chief executive encourages people struggling financially to seek help

Ian Stuart was speaking as the bank announced a new initiative with housing charity Shelter to support the financial health of people and communities.

The Independent UK

20% of people ‘less confident than six months ago about paying rent or mortgage’

HSBC UK and housing charity Shelter have announced a new partnership to support the financial health of people and communities.

The Independent UK

Millions paid in bonuses to UK Silicon Valley Bank staff days after £1 rescue

Workers reported to have received payouts from ‘modest’ pool of £15m-£20m following takeover deal by HSBC

The Guardian - UK

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Bosses of major banks defend branch closures

In a Treasury Committee hearing they also denied relying on customer account switching inertia

Insider UK

Bosses of major banks defend branch closures to MPs

Chief executives from NatWest Group, Barclays UK, HSBC UK and Lloyds Banking Group appeared before the Treasury Committee.

The Independent UK

Labour refuses to promise repeal of planned Tory anti-strike laws

Keir Starmer calls proposed legislation ‘wrong’, but does not commit to scrapping it if it becomes law

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