HSBC offers mortgage customers up to £1m in extra loans as it changes lending rules
HSBC is increasing the limits on the amount people can borrow for mortgages, in what brokers say is a sign...
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How 93.4% of all shop transactions are now contactless
New report shows 80% of 85 to 95-year-olds paid with contactless in 202393% of in-store card payments up to £100...
Body Shop prepares for insolvency process
The Body Shop's private equity owner is preparing to call in administrators for its British shops.It is preparing to appoint...
Europe’s Signa toppled in property rout
VIENNA/FRANKFURT, Nov 29 (Reuters) - Property and retail giant Signa declared insolvency on Wednesday after last-ditch attempts to secure fresh funding failed, making it the biggest casualty so far of Europe's property crash.Controlled by Austrian magnate Rene Benko, the group is an owner of New York's Chrysler Building as well as several high-profile projects and department stores across Germany, Austria and Switzerland.The multi-billion-euro group, whose tentacles reach from Germany's best-known department store, Berlin's KaDeWe, to the country's top high-street chain Galeria and a skyscraper project, is set to send ripples...
EU watchdogs muck up Amazon’s messy iRobot cleanup
Signage is seen at an Amazon facility in Staten Island, New York City, U.S., April 24, 2022. REUTERS/Andrew Kelly Acquire...
Where to shop for ‘bargain’ UK small caps
The Autumn Statement aimed to send out a clear message that you should consider backing Britain. Chancellor Jeremy Hunt declared...
EU mulls wider scope for cybersecurity certification scheme – paper
European Union flags fly outside the European Commission in Brussels, Belgium November 8, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing RightsBRUSSELS, Nov 23 (Reuters) - The European Union is considering broadening the scope of proposed cybersecurity labelling rules that would affect not just Amazon (AMZN.O), Alphabet's (GOOGL.O) Google and Microsoft (MSFT.O) but also banks and airlines, according to the latest draft of the rules.The EU move to set up such a system comes as Big Tech looks to the government cloud market to drive growth in the coming years while a...
ECB says property slump could last years in threat to lenders
A sign reads "new tenant wanted" in a window of a commercial building in Frankfurt, Germany, July 19, 2023. REUTERS/Kai...
UK retail sales slide again in October in new blow for economy
People shop on Oxford Street in London, Britain April 10, 2023. REUTERS/Anna Gordon/File Photo Acquire Licensing RightsUK retail sales dip...
TikTok joins Meta in appealing against EU gatekeeper status
EU flag and TikTok logo are seen in this illustration taken, June 2, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsSTOCKHOLM, Nov 16 (Reuters) - TikTok on Thursday joined Meta (META.O) in appealing against the "gatekeeper" status under the Digital Markets Act (DMA), an EU law that brings in tougher rules for tech companies and makes it easier for users to move between competing services.Meta on Wednesday challenged the "gatekeeper" designations for its Messenger and Marketplace platforms, but did not appeal against the status for Facebook, Instagram and WhatsApp.The European Union...