2025 Review: Tax Rises, Job Slump & Beckham Drama
A tumultuous 2025 saw Labour's grim budget, a historic Lionesses win, and a celebrity family rift. Explore the year's highs and lows in our recap.
Category : Search result: banking sector outlook
Five Charts That Explain the 2026 Global Economic Outlook
From stubborn inflation to shifting interest rates, five crucial charts unpack the complex global economic forecast for 2026. Discover the trends shaping markets.
New 'Startlingly Real' Email Scam Targets Gmail and Outlook
UK email users are warned about a sophisticated new scam mimicking security alerts. Hackers can access your data if you click the link. Learn how to spot it and protect yourself.
Met Office: White Christmas 'highly unlikely' for UK
The Met Office says a white Christmas is 'highly unlikely' for most of the UK, with cold, windy conditions and sunshine expected. Discover the full festive forecast.
Australia's Mid-Year Budget Shows $12.6bn Deficit
Treasurer Jim Chalmers unveils a mid-year budget update with a $12.6bn deficit. Discover the spending cuts, economic forecasts, and political implications for Australia's future.
Public sector pay gap closes, pensions remain superior
Official Treasury guidance reveals state workers' pay has caught up with the private sector, with far more generous pensions. Chancellor Rachel Reeves urges pay restraint. Read the full analysis.
Senate Estimates Exposes Australia's Fiscal Outlook
Key ministers face intense questioning in Senate Estimates over the national fiscal outlook, cost-of-living pressures, and public service cuts. Get the latest details.
OBR's 'Worst Failure' as Budget Report Leaks Early
The OBR apologised after its Budget forecast was published an hour early, a blunder it called its worst failure in 15 years. Read the full story of the leak and its fallout.
JP Morgan's £10bn London HQ Plan Post-Budget
US banking giant JP Morgan Chase unveils a massive new Canary Wharf headquarters, injecting £10bn into the UK economy. This follows Chancellor Rachel Reeves' budget which avoided new bank taxes. Discover the full story.
OBR Chief: External Actor May Be Behind Budget Leak
The OBR chairman claims an 'external person' may have accessed Rachel Reeves' Budget plans early. A full investigation is underway. Read the latest on this major security breach.
HP to Cut 6,000 Jobs in AI Restructuring Plan
HP announces up to 6,000 job cuts worldwide as it embraces AI to accelerate innovation. The move comes alongside a lower profit outlook and aims to save $1bn annually.
Australian Public Service Wages Jump 3.4%
New data reveals Australian public servants are enjoying their fastest wage growth in 15 years, outstripping private sector increases and raising questions about economic fairness.
Bank of England Holds Rates at 4% - Silver Linings Emerge
The Bank of England maintains interest rates at 4%, but experts see encouraging signs beyond the headline figure. Discover why this decision might signal economic resilience rather than stagnation.
Banks spared tax rises in Reeves budget
Chancellor Rachel Reeves is set to exempt major banks from tax increases in her upcoming budget, signalling a pragmatic approach to financial sector relations while facing criticism from opposition parties.
Wall Street's exodus to San Francisco and Phoenix reshapes finance
Major financial institutions are quietly shifting operations from Wall Street to San Francisco and Phoenix in a strategic move that's reshaping America's financial landscape.
Farage: Reform UK to contest City of London
Brexit architect Nigel Farage announces Reform UK's ambitious campaign to contest the City of London in upcoming elections, challenging traditional Tory strongholds.
Fourth US Bank Collapses as First Republic Fails
First Republic Bank becomes latest casualty in American banking turmoil, with JPMorgan acquiring assets in dramatic federal intervention following SVB, Signature and Silvergate failures.
Monzo hires Google veteran for African expansion drive
Former Google and Standard Chartered executive Hussain Elius appointed as Monzo's Head of International Markets to drive African expansion strategy
Major Microsoft Azure Outage Hits Xbox and Outlook Users
A widespread Microsoft Azure outage has disrupted critical services including Xbox Live, Outlook, and Microsoft 365, leaving users frustrated and businesses scrambling.
Lloyds Faces Major Fine Over Spanish Property Scandal
Exclusive: Lloyds Banking Group could face substantial penalties after UK regulators uncovered serious misconduct in its Spanish property investment scheme affecting thousands of customers.
FCA warns of Brexit talent drain threatening City
Exclusive: FCA executive warns of 'serious concern' as financial services professionals leave UK, with new research revealing worrying trends in banking and insurance sectors.
HSBC sued over Bernie Madoff profits in major lawsuit
HSBC confronts explosive legal action alleging the banking giant knowingly profited from Bernie Madoff's notorious Ponzi scheme while ignoring clear warning signs in the largest fraud in Wall Street history.
Nationwide announces major branch network changes
Nationwide Building Society announces significant restructuring across its UK branch network, affecting opening hours and services at multiple locations.
US Weights Banking Sanctions to Cripple Russia's War Machine
Exclusive: Washington considers sweeping new sanctions targeting Russia's banking sector that could cripple Moscow's ability to fund its war in Ukraine, according to senior officials.
Lloyds Bank explains customer access problems
Lloyds Banking Group explains ongoing technical issues affecting mobile and online services, with customers reporting login problems and payment failures.
UK Economy Contracts at Fastest Pace in 11 Months
Britain's private sector faces worst performance in nearly a year as manufacturing and services decline simultaneously. Chancellor Rachel Reeves confronts mounting economic challenges ahead of crucial budget announcement.
NatWest warns against bank tax hikes as profits soar
NatWest CEO Paul Thwaite urges UK government to resist increasing banking taxes despite reporting a 27% profit surge, warning it could harm competitiveness and economic growth.
NatWest Announces Major Banking Overhaul
NatWest Group reveals strategic transformation plan affecting Ulster Bank operations, customer services, and regional banking infrastructure across the UK and Ireland.
UK Consumer Confidence Plunges to -30 in GfK Survey
New GfK survey reveals British consumer morale hits near-historic lows as households brace for economic challenges ahead of government budget announcement.
Lloyds and Schroders forge wealth management alliance
Lloyds Banking Group announces strategic partnership with Schroders plc to create a new wealth management venture, combining Lloyds' extensive customer base with Schroders' investment expertise.
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