FTSE opens down again as it falls 2.3 per cent despite global central banks stepping in after one of the worst weeks in its history amid virus crisis By Rory Tingle For Mailonline Published: 08:04 GMT, 16 March 2020 | Updated: 08:12 GMT, 16 March 2020 The FTSE 100 opened down again today as it … Read more
Bank of England teams up with central banks in Canada, Japan, Europe, the US and Switzerland in extraordinary co-ordinated global response to coronavirus crisis Banks agreed to offer three-month credit in US dollars cheaper than usual rate Move follows a surprise rate cut by the Federal Reserve amid Covid-19 crisis Fed’s move was designed to … Read more
Banks withdraw savings accounts after base rate is slashed to a joint record low of 0.25% By Fiona Parker For The Daily Mail Published: 21:51 GMT, 13 March 2020 | Updated: 21:59 GMT, 13 March 2020 Banks and building societies have rushed to pull more than 25 savings accounts, dealing another blow to long-suffering savers. … Read more
Banks set to hand £20bn in emergency cash to small firms crippled by coronavirus By Daily Mail City & Finance Reporter Published: 23:09 GMT, 12 March 2020 | Updated: 00:27 GMT, 13 March 2020 Britain’s biggest banks pledged last night to immediately make available £20billion of emergency cash to small and medium-sized enterprises brought to … Read more
Elizabeth Banks rocks a Hillary Clinton shirt while shopping at the farmer’s market in Studio City By Brian Gallagher For Dailymail.com Published: 01:29 GMT, 9 March 2020 | Updated: 01:29 GMT, 9 March 2020 While she is not running for President in 2020, Elizabeth Banks showed her support for 2016 Democratic Presidential candidate Hillary Clinton … Read more
Five out of the six High Street banks allow customers to bank cheques made out to their middle names By Samantha Partington For The Daily Mail Published: 22:00 GMT, 10 September 2019 | Updated: 09:13 GMT, 11 September 2019 Current account holders can still bank cheques made out to their middle names in five out … Read more
Metro Bank’s risk boss Grahame McGirr is ousted just days before he was due to take up his responsibilities By Daily Mail City & Finance Reporter Published: 21:51 GMT, 4 March 2020 | Updated: 22:06 GMT, 4 March 2020 Grahame McGirr joined Metro Bank as interim chief risk officer on February 10 but was ousted … Read more
Markets regained steam as traders pinned their hopes on other central banks following the US example and cutting interest rates. Investors initially balked at the Federal Reserve’s shock move on Tuesday to make the first emergency cut to rates since the financial crisis. The measure was intended to combat the effects of the rapidly spreading … Read more
The financial watchdog has warned banks it will be watching like a hawk to ensure they play fair, as they shift businesses and borrowers from the discredited Libor interest rate. A senior Financial Conduct Authority director told This is Money that if it sees problems with banks it will ‘challenge hard’ and ‘intervene’, to reassure … Read more
Estimates vary but it’s widely predicted that Britain is well on the way to becoming a cashless society, and could reach that state within ten to 15 years. Has the public been consulted? No. Is the Government showing signs of concern about the millions of people who would struggle to cope with a cashless society? … Read more