FTSE 100 climbs as banking stocks surge on budget rumours
London's FTSE 100 gained 74.62 points as banking stocks rallied amid speculation Chancellor Rachel Reeves will spare the sector from additional taxes in Wednesday's budget announcement.
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UK stocks climb amid Budget tax relief rumours
London markets rallied as banking stocks surged on reports Chancellor Rachel Reeves will spare banks from tax hikes in Wednesday's Budget. The FTSE 100 gained 0.8% while the pound strengthened to $1.3183.
Bank shares fall as Reeves plans £40bn budget raid
Barclays, Lloyds and HSBC shares plummet as Chancellor Rachel Reeves considers banking surcharge hike and tax threshold freeze to raise £40bn. Discover the full impact.
AI Bubble Fears Trigger Global Market Meltdown
World stock markets plunge as artificial intelligence stock valuations face reality check. Experts warn of overinflated tech sector and potential economic fallout.
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.
FTSE 100 Plummets in Global Market Rout
London's FTSE 100 index suffers significant losses as global markets tumble, with mining and banking stocks leading the downturn amid economic uncertainty.
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
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.
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.
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.
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.
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.
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.
London's AIM market outperforms Wall Street's Nasdaq
Investment director Russ Mould reveals how London's junior AIM market has outperformed Wall Street's Nasdaq, while FTSE 100 giants Barclays and Lloyds face contrasting fortunes in challenging economic conditions.
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.
Lloyds sets aside £450m for car finance claims probe
Exclusive: Lloyds Banking Group sets aside £450 million as FCA investigates discretionary commission arrangements in car finance market, potentially triggering compensation claims for millions of British motorists.
Lloyds adds £800m to car finance compensation pot
Lloyds Banking Group faces mounting costs as it allocates another £800 million to cover compensation for historical motor finance commission claims, bringing total provisions to a staggering £2 billion.
Lloyds sets aside £450m for car finance probe
Exclusive: Lloyds sets aside massive sum as FCA investigates discretionary commission arrangements in car finance market. Potential compensation claims could affect millions.
Lloyds Faces FCA Probe Over Car Finance Commissions
Exclusive: The Financial Conduct Authority launches investigation into Lloyds Banking Group's motor finance commission arrangements, potentially affecting millions of customers.
Lloyds faces FCA car finance commission investigation
Lloyds Banking Group is under investigation by the Financial Conduct Authority regarding historical motor finance commission arrangements, potentially impacting millions of customers.
Ben Smith appointed Newcastle Building Society CEO
Newcastle Building Society announces Ben Smith as incoming Chief Executive, bringing extensive financial services experience to lead the mutual's next chapter of growth and member-focused strategy.
Lloyds Bank cuts 1,600 jobs in restructuring
Lloyds Banking Group reveals plans to slash 1,600 jobs while creating 830 new roles in strategic restructuring. The changes affect multiple locations including Bristol and Edinburgh as the bank accelerates its digital transformation.
Bank error leaves man £2.6 million richer
A British man's ordinary day turned extraordinary when he discovered his bank account had been credited with an unexpected £2.6 million payment, sparking a whirlwind of excitement and ethical dilemmas.
Halifax, Lloyds & Santander cut 1,100+ banking jobs
Major UK banks Halifax, Lloyds and Santander announce significant job cuts affecting more than 1,100 positions while creating nearly 500 new roles in evolving banking sectors.
JP Morgan mandates biometric data for UK staff access
Banking giant JP Morgan requires all UK headquarters staff to share fingerprint and facial recognition data for building access, sparking privacy debates and union concerns.
Queenstown forces Bendigo Bank cash policy reversal
The remote community of Queenstown, Tasmania, has emerged victorious in a landmark battle against banking giant Bendigo Bank, successfully reversing a controversial cashless policy that threatened to leave elderly and vulnerable residents stranded.
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