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.
Category : Search result: banking sector outlook
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.
Bank of England warns of banking sector instability
Andrew Bailey raises serious concerns about financial stability as Barclays, Tesco Bank and Lloyds face significant challenges in the current economic climate.
Barclays, Tesco Bank and Lloyds Cut Hundreds of Jobs
Major UK banks including Barclays, Tesco Bank and Lloyds Banking Group announce significant job cuts and branch closures as digital transformation accelerates across the banking sector.
Westpac ordered to allow work-from-home in landmark case
In a landmark employment decision, Westpac banking group has been ordered to allow flexible working arrangements after a senior employee won her case against returning to the office full-time. Discover how this ruling could reshape workplace policies acro
ANZ Banking App Crashes in Nationwide Outage
Thousands of ANZ customers across Australia were left stranded as both the mobile app and internet banking services crashed simultaneously, sparking fury and financial anxiety.
Lloyds Banking Group Hit by Major Service Outage
Thousands of UK banking customers were left stranded as Lloyds Banking Group services crashed, leaving accounts inaccessible and payments failing across multiple major banks.
Met Office: 'Anticyclonic Gloom' to blanket UK
The Met Office reveals a week of overcast skies and drizzle as high pressure brings what forecasters call 'anticyclonic gloom' to much of the UK, with only brief sunny intervals.
US Regional Bank Stocks Crash Amid Renewed Crisis Fears
American regional banks face renewed turmoil as NYCB's financial warning triggers sector-wide selloff, raising fears of another banking crisis and Federal Reserve intervention.
NatWest student account chaos leaves thousands stranded
Exclusive investigation reveals how NatWest's system failures have trapped students in banking chaos, with frozen accounts and mounting financial stress across UK campuses.
Westpac tightens savings rules for younger customers
Major Australian bank Westpac introduces stricter conditions for younger customers seeking competitive savings rates, requiring regular deposits and balance growth to qualify.
IMF Downgrades US Economy as Australian Tourists Avoid America
The International Monetary Fund slashes US growth forecasts amid Trump administration policies, while Australian travellers avoid America due to economic uncertainty and political tensions.
Week-long 'anticyclonic gloom' forecast for UK
The UK faces a prolonged period of dull, grey weather as high pressure brings widespread cloud cover and limited sunshine across most regions until next week.
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