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Banking

  • Two-year mortgage rates have biggest monthly drop since 2022 as Santander is latest to cut

    February 12, 2024

    Average two-year fixed mortgage rates have seen their biggest monthly drop since December 2022, according to a financial information website, despite mounting economic pressure squeezing lenders' margins.

  • Natwest’s margins in focus as lender gears up for year of big changes

    February 12, 2024

    Natwest looks to shrug off the turmoil of the recent debanking saga and prepares to sell its government-owned shares to the public.

  • Investment banks cut job vacancies in half as dealmaking slump hits recruitment and bonuses

    February 12, 2024

    Major investment banks have cut their number of UK job vacancies in half over the last year as a dealmaking slump puts a strain on recruitment and bonuses.

  • Scrap ‘pernicious’ share tax to help boost the London Stock Exchange, Hunt told

    February 12, 2024

    Jeremy Hunt must scrap a “pernicious” tax on share trading to breathe life back into the beleaguered London Stock Exchange after a drop-off in new listings, a top investment bank has said.

  • Shawbrook owners mulling second listing attempt in potential boost for City

    February 12, 2024

    The owners of Shawbrook Bank are reportedly exploring another IPO for the lender after plans for a £2bn blockbuster listing fell through two years ago.

  • Lloyd’s Lab Central Fund boosts tech firms Axio and REOR20

    February 12, 2024

    Lloyd’s of London has named the two companies receiving the first investments from its Central Fund private markets allocation.

  • Another Post Office? HBOS Reading fraud scandal report delayed yet again

    February 9, 2024

    A report into who knew what, and when, about the HBOS Reading fraud has been delayed again

  • WATCH: New Dominic West Nationwide ad will annoy other lenders even more than the first one

    February 9, 2024

    Nationwide is set to launch the second of its new ad campaign fronted by Dominic West tonight, in a move which will inflame a row with other lenders.

  • Santander reports Nationwide Dominic West ad to watchdog

    February 9, 2024

    Santander has reported a Nationwide advert starring actor Domonic West to the advertising regulator, according to reports.

  • Bank of England staff fed up with ‘rewards’ – despite £25m bonus payouts and inflation botch-job

    February 9, 2024

    Staff at the Bank of England have reportedly taken issue with their salaries, according to an internal survey, as Parliament warns that much bigger pay packages in the private sector could draw away top talent.

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