Britain’s next financial crash is coming. This time it won’t be the banks. – POLITICO
Plus, the Bank is undertaking a stress test to probe how nonbanks would react to extreme potential stress in the...
Banking
Bank of England boss weighs in on UK economy row
By Faisal IslamEconomics editor9 May 2024Image source, Getty ImagesThe Bank of England boss has weighed in on a row over...
UK’s 50th banking hub opens
The UK's 50th banking hub has opened in Jedburgh in the Scottish Borders. A banking hub is a shared banking...
Company dedicated to ensuring cash remains accessible opens 50th banking hub
The innovative model sees different banks taking turns to staff the hubs, providing a varied presence throughout the week The...
Bank of England must not be ‘seduced’ into interest rate cuts, warns chief economist
Thanks for joining me. After the excitement of the Governor of the Bank of England saying interest rate cuts are...
Whitchurch: Frustration as TSB confirms closure of town’s last bank
Image caption, Gemma Young said she relied on TSB in Whitchurch to get cash for her businessArticle informationAuthor, Ellen KnightRole,...
Can UK corporate bond market shine again?
As yields rise and central banks battle to curb inflationary pressures, much attention has focused on US and European bond...
‘One hundred banking hubs to be open this year’
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The organisation tasked with setting up physical “banking hubs” in areas where high street banks have retreated has opened its 50th hub and renewed its pledge to launch 100 by the end of the year, after facing scrutiny over the speed of the rollout.Cash Access UK, which was set up last year and is funded by nine of the country’s major lenders, on Friday announced its latest hub was open to consumers...
Banking hub to come to Flint after TSB closure announcement
Earlier this week TSB announced the closure of several branches, including the site in Flint. It is the last bank in...
Traders reassess Bank of England rate cuts as UK grows at fastest rate in nearly 3 years – NBC Boston
Economists at Swiss bank UBS were among those who shifted their view on when the BOE may cut interest rates,...
