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Canary Wharf downgraded to junk status as post-pandemic office exodus continues

Canary Wharf has suffered a further debt downgrade following an exodus of...

Lifeline for home buyers as Halifax joins rush to cut mortgage rates

Halifax has joined other leading lenders in cutting mortgage rates to under 4 percent in a move that is expected to drive up sales.Earlier...

Former UK politician Danny Alexander to helm HSBC’s new infrastructure unit

HSBC has hired Danny Alexander to lead its new infrastructure unit to tap opportunities associated with the global shift to a low carbon economy.The...

Warning over ‘free cash’ bank offers as loopholes could see thousands miss out

SWITCHING bank accounts has historically been an easy way to pocket free cash.Banks regularly offer incentives worth hundreds of pounds for new customers to...

Top bankers ordered to rein in travel and entertainment expenses

A HSBC spokesman said: “We are working smarter and more efficiently as...

Nationwide, HSBC and Virgin Money urged to ‘ensure compensation for losses’ from banking app outages

Banks and building societies should "ensure compensation" is awarded to customers impacted by today's online and mobile banking outages, according to a leading consumer...

Payment System Outages Highlight Vulnerabilities in Banking Infrastructure

The recent payment delays experienced by customers of HSBC, Virgin Money, and Nationwide underscore significant vulnerabilities within the current banking infrastructure. Outages reportedly affected more than...

HSBC, Barclays and NatWest slash mortgage rates as Bank of England interest rate cut ‘looking optimistic’

HSBC, Barclays and NatWest are among the major high street lenders reducing mortgage rates as experts are claiming "things are looking a lot more...

Chinese e-commerce sales up 14 per cent for 618 shopping festival, report says

Douyin, the Chinese version of TikTok, led all other platforms with a 26.2 per cent surge in GMV, followed by Pinduoduo’s 17.7 per cent...

Chinese e-commerce sales up 14% for 618 shopping festival, report says

Douyin, the Chinese version of TikTok, led all other platforms with a 26.2 per cent surge in GMV, followed by Pinduoduo’s 17.7 per cent...

Major bank issues dire Labour warning over mortgage rates

Homeowners could face further mortgage pain if Labour wins the general election, HSBC has warned.The banking giant warned Sir Keir Starmer’s plans for a...

Best savings accounts of the week: Brits called to ‘review’ deals as 7% interest rate up for grabs

Bank customers are being reminded to “review” the interest rates attached to their savings accounts.Experts from Moneyfactscompare have compiled a list of the best...

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