Category : Search result: central bank


Lloyds Group Shutters 53 More Bank Branches

Major banking group announces fresh wave of branch closures across England, Scotland and Wales as customers shift to digital banking, leaving communities concerned about access to cash.

October Bank Holiday Opening Hours Guide 2024

Don't get caught out this October bank holiday! Our complete guide reveals opening times for major supermarkets, retail stores, and essential services across the UK.

Trump's Nixon-Style Fed Attack Shakes Global Economy

Former President Donald Trump's unprecedented pressure campaign on the Federal Reserve draws alarming parallels to Richard Nixon's 1970s interference, raising fears of political independence erosion and economic instability.

Powell Defends Fed Independence Amid Trump Pressure

Federal Reserve Chair Jerome Powell delivers unprecedented testimony, defending the central bank's autonomy amid mounting political pressure from the Trump White House over interest rate policy.

Queenstown's Last Bank Closes, Isolating Tasmanian Town

The historic mining town of Queenstown on Tasmania's remote west coast is set to lose its last bank, as Bendigo Bank confirms the permanent closure of its local branch, leaving residents and businesses facing a 180km round trip for essential financial ser

Davey: Farage Bank Row with Musk a 'Sideshow'

Liberal Democrat leader Sir Ed Davey has branded the controversy surrounding Nigel Farage's bank account closure, which drew commentary from Elon Musk, a distraction from the UK's real issues.

Bank of America Forecasts Gold Surge to $3,000/oz

Bank of America forecasts gold could surge to $3,000 per ounce, driven by central bank buying and macroeconomic trends. This analysis highlights a pivotal moment for London's AIM-listed gold miners and the metal's enduring appeal.

Lloyds slashes free overdraft from £250 to £50

Lloyds Banking Group shocks customers by reducing its interest-free overdraft buffer from £250 to a mere £50 from November, impacting millions across Lloyds, Halifax, and Bank of Scotland accounts.

Shocking New Bank Scam Drains Accounts Without Detection

UK banking customers are being targeted by sophisticated 'withdrawal' scam that bypasses security. Victims report losing thousands as fraudsters exploit system loopholes. Essential reading to protect your savings.

Reeves to Seize Russian Assets for Ukraine

UK Chancellor Rachel Reeves announces bold plan to use frozen Russian assets for Ukraine's rebuilding efforts, aligning with G7 allies and signalling a tougher stance on Kremlin-linked wealth.

Trump's Supreme Court challenge over Fed's Lisa Cook

Former President Trump initiates a Supreme Court battle to block the renomination of Federal Reserve Governor Lisa Cook, setting up a major constitutional confrontation over presidential powers and central bank independence.

Bank of America UK: Pay Rises Amid Branch Closures

Exclusive: Bank of America announces a major pay increase for its UK staff while quietly accelerating a programme of local branch closures, raising questions about the future of high street banking.

Airlines Ban Passengers for Using Power Banks Onboard

Major UK airlines are enforcing strict new bans on passengers caught using power banks during flights, citing critical fire risks. Discover the safety rules you must follow to avoid being barred from future travel.

Fed Governor Stephen Miran Resigns After 18 Months

US Federal Reserve Governor Stephen Miran has unexpectedly resigned after just 18 months, citing personal reasons. The departure fuels speculation about internal discord at the world's most powerful central bank.

Trump Vows to Fire Fed's Lisa Cook if Re-Elected

Former President Donald Trump has pledged to fire Federal Reserve Governor Lisa Cook 'on Day One' of a potential second term, signalling an unprecedented assault on the US central bank's political independence and sending shockwaves through financial mark

162 UK Bank Branches to Close in 2024: Full List

Major banks including Barclays, HSBC, Lloyds, and NatWest have announced a sweeping wave of 162 branch closures across the UK in 2024, accelerating the decline of the British high street. Discover if your local branch is on the list.

Sainsbury's Sells Bank to China's Ping An in Strategic Shift

Supermarket giant Sainsbury's is in exclusive negotiations to sell its lucrative banking division to Shenzhen-based Ping An Insurance Group, marking a major strategic shift and a significant Chinese investment into the UK's retail banking sector.

Lloyds Bank Launches £200 Cash Switch Offer

Exclusive: Lloyds Bank launches a limited-time £200 cash incentive for new customers switching to a Club Lloyds, Silver, or Platinum account. Discover the eligibility criteria and how to apply before the offer ends.

Lloyds Bank £175 Free Cash Giveaway

Lloyds Bank is offering a massive £175 cash incentive for new customers who switch their current account. Discover the simple steps to claim your free money and the terms you need to know.

Aldi UK Stores Closed for May Bank Holiday

Shoppers planning a trip to Aldi this Early May Bank Holiday are urged to take note. The discount supermarket giant has confirmed revised opening times for all its UK stores on Monday, 6th May.

Lloyds Bank to Close 45 Branches in 2025

Lloyds Banking Group announces the closure of 45 Lloyds and Halifax branches across England and Wales in 2025, citing a dramatic shift to digital banking. Discover if your local branch is affected.

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