Bank of England’s chief economist warns inflation could be ‘nearer four per cent than three per cent’ by the end of the year and ‘everyone will lose’ if it continues to spike Andy Haldane said ‘everyone would lose’ if inflation level continues to increase Mr Haldane said inflation could be ‘nearer to 4% than 3%’ … Read more
The National Infrastructure Bank launched last week as part of the Government’s ‘levelling up’ agenda. The pandemic has undoubtedly had an impact on the infrastructure sector, which has also faced other turbulence such as Brexit. The Treasury-backed bank will partner with the private sector and local authorities which as a result will have a knock-on … Read more
Commonwealth Bank suffers a major outage as customers are left unable to access the mobile app or ATMs By Daily Mail Australia Reporter Published: 05:59 BST, 23 June 2021 | Updated: 06:24 BST, 23 June 2021 Commonwealth Bank appears to be suffering its second major service outage within a week. The bank said on Wednesday … Read more
Lloyds Banking Group is set to buy its first property under radical plans to become a private landlord By Emma Dunkley, Financial Mail On Sunday Published: 21:51 BST, 19 June 2021 | Updated: 21:51 BST, 19 June 2021 Lloyds Banking Group is set to buy its first property under radical plans to become a private … Read more
Metro Bank cuts interest it pays on its savings accounts – and experts advise customers to shop around By Jeff Prestridge, Financial Mail on Sunday Published: 21:50 BST, 12 June 2021 | Updated: 21:50 BST, 12 June 2021 Metro Bank has taken an axe to the interest it pays on its savings accounts. In a … Read more
Former Lloyds Bank boss Antonio Horta-Osorio who turned around its fortunes after 2008 financial crisis is knighted Banker knighted for services to financial industry, mental healthcare and culture Antonio Horta-Osorio ran Lloyds Bank for decade before stepping down in April Father of three turned around Lloyds’ fortunes after the 2008 financial crisis By Daily Mail … Read more
She received a big pay rise when she was promoted to Sunrise co-anchor in March, after Sam Armytage quit the Seven breakfast show. And now Natalie Barr has received another unexpected windfall – although perhaps not as big as she would like. The 53-year-old revealed on Wednesday she’d been given a ‘one cent refund’ from … Read more
UK businesses which make regular overseas payments are losing out on hundreds of pounds per transaction thanks to inferior foreign exchange rates charged by Britain’s biggest banks. The likes of Barclays, Lloyds and HSBC, which calls itself ‘the world’s local bank’, levy currency conversion mark-ups which effectively act as stealth charges on overseas payments and … Read more
Four-day bank holiday CONFIRMED for next summer! The Queen’s Platinum Jubilee plans are set in stone as UK will enjoy extended break to celebrate her 70 years on the throne in 2022 Buckingham Palace said the extended bank holiday will run from Thursday, June 2, to Sunday, June 5, 2022 Trooping the Colour will be … Read more
How much Australians REALLY have in the bank – and tips to boost savings if your account is below average A Finder survey showed Australians have average bank savings of $29,369 Average bank savings dropped by $7,000 in a month as consumers spend again The Reserve Bank of Australia left interest rates on hold again … Read more