Nationwide shakes up overdraft fees
Nationwide Building Society announces bold changes to overdraft charges, aiming to simplify fees and support customers. Find out how this could impact your finances.
Category : Search result: finance sector
Santander UK job cuts amid profit push
Santander UK reveals plans to slash jobs as part of a cost-cutting strategy to boost profits. Find out how this decision impacts employees and the banking sector.
HSBC: Bank tax hike risks UK growth
HSBC's CEO cautions that Labour's proposed increase in bank taxes could harm the UK's economic growth, sparking debate over fiscal policy.
HSBC Canada CEO resigns amid strategic changes
HSBC Canada's CEO Dave Clark steps down as the bank navigates strategic changes and economic turbulence in Argentina, with leadership passing to Linda Seymour.
UK care sector faces 152,000 staff shortage crisis
New figures reveal a deepening crisis in the UK's adult social care sector, with a staggering 152,000 vacant positions. Experts warn of severe consequences for vulnerable adults as recruitment struggles continue.
Union demands fair pay for private sector workers
Unison leader Christina McAnea calls for equal pay and conditions for private sector workers under Labour's proposed New Deal, highlighting the need for fair treatment across all sectors.
Car finance scandal: Millions may claim compensation
Drivers mis-sold car finance deals may be entitled to significant payouts as regulators investigate unfair commission schemes. Here's what you need to know.
Labour warned against banking-led growth strategy
As Labour aims to revitalise the UK economy, experts caution against over-reliance on the City of London, urging a more balanced approach to sustainable growth.
Martin Lewis warns against costly credit card mistake
Money-saving expert Martin Lewis reveals a common credit card mistake that could leave Brits facing massive debt. Learn how to protect your finances.
Pubs may sell takeaway beer without planning permission
Ministers are exploring plans to let pubs sell takeaway beer without needing additional planning consent, a move that could boost the struggling hospitality sector.
BNPL shake-up: New rules to protect UK shoppers
The UK government is cracking down on 'Buy Now, Pay Later' schemes with stricter regulations to shield shoppers from hidden fees and spiralling debt. Here's what you need to know.
Whitehall sick leave surges under Starmer
Sick leave among Whitehall civil servants has surged dramatically, with new data revealing a sharp rise in absences since Keir Starmer took office. Experts warn of a growing crisis in public sector health and productivity.
South Cambridgeshire Council adopts four-day working week
South Cambridgeshire Council pioneers a four-day working week trial, sparking nationwide interest among local authorities. Discover how this bold move could reshape public sector employment.
Chevron's Barrow Island exit: State capture in action?
Chevron's decision to wind down oil production on Barrow Island raises concerns about corporate influence over environmental policy. Is this a case of state capture in action?
USDA confirms salary cuts amid budget constraints
The US Department of Agriculture (USDA) has unveiled significant salary reductions for its workforce, sparking concerns over employee morale and the future of agricultural policymaking. Here’s what you need to know.
Chinese hackers target UK nuclear via SharePoint flaw
Chinese state-linked hackers exploited a Microsoft SharePoint vulnerability to breach UK nuclear and defence organisations, raising serious cybersecurity concerns.
Dan Jarvis joins Microsoft UK as public sector director
Ex-shadow minister Dan Jarvis takes on a key role at Microsoft UK, focusing on government and public sector partnerships.
Goldman Sachs shifts from London to EU post-Brexit
Goldman Sachs is relocating key operations from London to the EU following Brexit, signalling a broader trend of financial sector migration and its impact on the UK economy.
FCA warns banks and insurers over customer protection
The Financial Conduct Authority has issued a stark warning to banks and insurers, demanding immediate improvements in how they treat vulnerable customers and handle complaints.
Report: UK water sector needs urgent reform
A new report highlights the urgent need for reform in the UK's water industry, criticising excessive bureaucracy and calling for practical solutions.
Cunliffe review calls for urgent water sector reforms
A damning review by Jon Cunliffe highlights systemic failures in England and Wales' water sector, urging Ofwat to implement sweeping reforms to protect consumers and the environment.
Prax Lindsey Oil Refinery to Close, 300 Jobs Lost
The Prax Lindsey oil refinery in Lincolnshire is set to close, leaving hundreds of workers facing redundancy. The decision has sparked concerns over local employment and energy security.
Govt targets NHS 'golden goodbyes' for failing bosses
Ministers announce new rules to prevent NHS executives from receiving hefty payouts after poor performance, aiming to boost accountability and public trust.
UK Replaces Ofwat with New Water Regulator
The UK government is set to replace Ofwat with a new, more robust water regulator in a bid to overhaul the struggling sector and ensure better service for consumers.
Water Commission demands Ofwat reform
The Independent Water Commission has urged a major overhaul of Ofwat, proposing an integrated regulator to address systemic issues in the water sector.
Ofwat overhaul: New water ombudsman for England & Wales
The UK government announces sweeping reforms to Ofwat, introducing a new water ombudsman to handle rising consumer complaints and improve accountability in the water sector.
Exxon blocks Chevron's $53bn Hess oil deal
ExxonMobil and China's CNOOC have filed arbitration claims to block Chevron's $53bn acquisition of Hess, setting the stage for a fierce legal battle over Guyana's lucrative oil fields.
FCA tightens rules on Buy Now, Pay Later services
The Financial Conduct Authority introduces stricter affordability checks for BNPL services to protect consumers from debt risks.
Banker sacked after affair with junior colleague
A married city banker was dismissed after a brief affair with a junior colleague, with the tribunal hearing shocking claims about his reaction upon learning his wife was pregnant.
Reeves outlines Labour's economic vision at Mansion House
Shadow Chancellor Rachel Reeves outlines Labour's economic strategy to revitalise Britain's financial sector, promising stability and growth in a major speech to City leaders.
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