Smiths News unlocks higher dividends with new loan deal despite profit slump Media Smiths News delivers newspapers and magazines for national and regional publishers to around 23,000 customers everyday.
Business ‘debanking’ complaints nearly double in a year as MPs warn of ‘unfair’ account closures Banking The number of official complaints over business "debanking" has almost doubled in the last year, new figures show, as MPs accuse lenders of "unfairly" closing customers' accounts.
Lloyds, HSBC, Barclays and Natwest set to report lower profits – but doubts over rate cuts could lift lenders BANKING The UK's biggest banks are set to report lower profits and narrower margins in the coming weeks as the interest rate tailwind which pushed their earnings to a record high last year dies down.
Red Engine: Flight Club Darts and Electric Shuffle owner secures £60m boost April 9, 2024 Red Engine, the company behind Flight Club Darts and Electric Shuffle, has agreed a £60m funding boost to help it expand further across the globe.
Nationwide branch ads starring Dominic West banned by watchdog as misleading April 3, 2024 Adverts for Nationwide starring actor Dominic West have been banned by the advertising regulator for misleading consumers that the lender would not close branches like its rivals.
Santander lays out plans to return record amount of cash to investors in 2024 March 22, 2024 This would follow 2023‘s performance, which saw a record €5.5bn (£4.7bn) in cash, dividends and share buybacks return to investors.
High street bank bosses warn of rising fraud threat from social media March 20, 2024 Bosses from the UK's biggest high street banks have told MPs that they are improving their fraud reimbursement rates, while calling for greater cooperation with social media companies to prevent scams that originate on their platforms.
Santander-backed Ebury reportedly looking at £2bn valuation in London listing March 5, 2024 Cross-border payments platform Ebury, backed by Spanish banking giant Santander, has reportedly held talks with banks as it pursues a London listing at a valuation of up to £2bn.
Santander faces potential shareholder revolt over chair’s pay March 3, 2024 A key proxy adviser has urged Santander shareholders to vote against changes to executive chair Ana Botín’s pay package at the bank’s annual general meeting this month.
Santander announces plans for £4.7bn shareholder distribution following record results February 19, 2024 Santander announced that it will seek to pay out £4.7bn to shareholders just weeks after the bank unveiled record annual profits in 2023.