UK pay growth slows but likely still too high for Bank of England to keep lid on inflation
LONDON - Growth in wages in Britain has slowed but remains at levels that would normally be too high for...
Banking
UK lender rolls out D•One’s Open Banking functionality
UK-based unsecured consumer credit provider NewDay has gone live with D•One’s Open Banking connectivity and transaction categorisation products. As a...
UK wage growth slows but remains high for Bank of England to curb inflation | World News
The Office for National Statistics also said on Thursday it was delaying the switch to a new version of its...
UK pay growth slows but remains high for Bank of England By Reuters
By William Schomberg and Andy Bruce LONDON (Reuters) -Wages in Britain grew a bit more slowly but still increased at...
Global IT outage: the UK banks affected and your rights
Several major UK banks have been affected by a global IT outage, with customers reporting they are unable to access...
Today’s top money market account rate roundup: July 18, 2024
Money market accounts (MMAs) are a good option if you prefer account flexibility, as well as the chance to earn...
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UK Wealth Managers Optimistic About Business Growth – Lloyds Bank
Lloyds Bank has just released its ninth “Financial Institutions Sentiment Survey,” which examines how banks, wealth and asset managers, insurers, and...
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Lloyds partners with Oaktree in £1bn push to fund buyout loans
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Lloyds Banking Group has partnered with credit investment shop Oaktree Capital Management to finance UK buyouts, as the bank works to get a foothold in the burgeoning private credit industry.Oaktree will provide Lloyds’ clients loans of up to £175mn to fund private equity takeovers and help refinance upcoming debt maturities. The groups hope to deploy £1bn over the next three years, drawing on Oaktree’s credit funds. Lloyds will contribute a portion of...
What Does Paul Pester’s Appointment at Tandem Say About the Future of Banking in the UK?
Paul Pester, the chairman of Tandem Bank, is working with CEO Alex Mollart to push the challenger bank to the...
Black Business Network and Lloyds Bank Launch One Stop Shop For Black Entrepreneurs
London, UK, 17 July 2024 Black Business Network (BBN) and Lloyds Bank today unveils the Black Entrepreneurial Ecosystem Network (BEECON), an advanced, free online...
