Mortgage rates cut to less than 5pc at ‘big six’ banks
The average two-year fixed rate deal is now 6.19pc and the average five-year deal is 5.79pc, according to the data...
archiveBanks and Finance
HSBC branded a ‘disgrace’ as it axes Welsh phone line
Liz Saville Roberts, the leader of the Plaid Cymru in the House of Commons, also said she had written to...
After the Farage scandal, no wonder banks are regarded as uninvestable
Duncan Smith’s anger is understandable in some regards, but he should be careful what he wishes for; sparking another run...
A rising wave of property defaults threatens hundreds of US banks
Renters are walking away or taking less space as leases come due. Average office rents have already dropped by 20pc....
Nigel Farage to bank with Lloyds after Coutts account closure
He told the The Telegraph: “Lloyds Bank has offered me banking facilities and I have to say, having been rejected...
How a Colombian billionaire Jaime Gilinski rode to the rescue at Metro Bank
To date, he has left his daughter to play an active role in Metro on the family’s behalf. Dorita Gilinski,...
Europe’s money-printing spree risks ending in bailouts, analysts warn
Europe’s money-printing spree risks triggering bailouts across the Continent as governments pay the price of a decade of cheap money.BNP...
Why Britain is on the verge of a cataclysmic financial crisis
The bond markets are crashing around the world, just as they did in the run-up to the crash of 1987....
Treasury in talks with Bank of England as Metro Bank seeks emergency cash
Treasury officials were in talks with the Bank of England on Thursday night after Metro Bank’s shares plunged by more...
After a spell in the doldrums and a dividend rise these banking shares yield 8pc
Close Brothers started to run down the loan book in 2021 but provisions against losses of £73.2m in 2021 and...
