Magnum CEO: Ice Cream Will Survive Weight-Loss Drug Era
Unilever's ice cream chief Peter ter Kulve says GLP-1 medications reduce mindless eating but won't kill demand for premium treats, as company expands portion-controlled options.
Category : Banking
Magnum CEO: Weight-Loss Drugs Boost Demand for Premium Mini Treats
Magnum's CEO says GLP-1 weight-loss drugs reduce mindless eating but increase demand for deliberate, portion-controlled premium treats, creating new market opportunities.
Jes Staley Was Trustee of Jeffrey Epstein Estate Until 2015
Former Barclays chief Jes Staley acted as a trustee for Jeffrey Epstein's estate until 2015, according to newly released court documents, raising questions about his ties to the financier.
Lloyds Banking Group to Close 95 Branches Across UK
Lloyds Banking Group has revealed plans to shut 95 bank branches, including Lloyds, Halifax, and Bank of Scotland sites, between May 2026 and March 2027, with job impacts unclear but alternative roles offered.
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Westpac Forecasts Another Rate Hike for Australia This Year
Westpac warns Australians could face another interest rate hike in 2024 to combat inflation, despite recent RBA increases. Consumer sentiment has dropped, with mortgage holders bracing for more financial pressure.
Lloyds to Close 95 Bank Branches Across UK
Lloyds Banking Group will shut 95 bank branches across the UK, affecting Lloyds Bank, Halifax, and Bank of Scotland customers between May 2026 and March 2027.
Lloyds Group to Close 95 UK Bank Branches by 2027
Lloyds Banking Group will shut 95 branches across Lloyds Bank, Halifax, and Bank of Scotland between May 2026 and March 2027, affecting communities nationwide.
Lloyds to Shut 95 More UK Bank Branches in 2026-2027
Lloyds Banking Group will close 95 branches across its Lloyds Bank, Halifax, and Bank of Scotland brands between May 2026 and March 2027, with 15 new banking hubs planned to maintain cash access.
Savers at Major Banks Face £300 Loyalty Penalty
Analysis reveals savers with Barclays, HSBC and Lloyds could lose nearly £300 annually by staying loyal, as challenger banks offer rates over 4% compared to big banks' 1.19% average.
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Nationwide First UK Bank to Offer Electronic Mortgage Signatures
Nationwide Building Society introduces Qualified Electronic Signatures for mortgage deeds in England and Wales, streamlining property transactions and removing the need for physical witnesses.
Heineken to Cut Up to 6,000 Jobs as Beer Demand Weakens
Brewing giant Heineken plans to eliminate 5,000 to 6,000 roles globally over two years, impacting 7% of its workforce, due to challenging market conditions and falling sales volumes.
CBA Reports Record Profits and Announces Share Buyback
Commonwealth Bank of Australia has announced a significant surge in profits, leading to a major share buyback program and a rise in share prices.
Enhanced BNPL Safeguards for Shoppers from Summer
New FCA rules promise better protection for buy now pay later users, including clearer terms and affordability checks, as the sector faces regulation from July.
FCA Regulates Buy Now Pay Later from July 2026
The Financial Conduct Authority will regulate buy now pay later providers from July 15, 2026, introducing affordability checks and consumer protections for millions of users.
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BNPL Sector to Face Stricter FCA Rules from July 2026
The Financial Conduct Authority will impose new regulations on buy now, pay later services from July 15, 2026, including mandatory affordability checks and enhanced consumer protections.
Nationwide Introduces Electronic Mortgage Deeds to Speed Home Buying
Nationwide Building Society has implemented qualified electronic signatures for mortgage deeds, eliminating witness requirements in England and Wales to streamline property transactions.
HSBC's £750 Cashback Offer Ends in Two Weeks
HSBC UK warns eligible customers that its Premier account cashback incentive, offering up to £750 for switching salary or savings, expires on February 23, 2026.
Nationwide Introduces Digital Mortgage Deeds for Faster Home Buying
Nationwide Building Society launches electronic mortgage deed signing, eliminating witness requirements to streamline property transactions in England and Wales.
Martin Lewis Explains £1.4 Million Savings Protection Rule
Martin Lewis has highlighted a crucial FSCS rule that protects up to £1.4 million for six months after major life events like property sales, offering vital advice for UK savers.
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Nationwide First UK Lender to Accept Electronic Mortgage Deeds
Nationwide Building Society becomes the first UK lender to allow borrowers to sign mortgage deeds electronically using Qualified Electronic Signatures, eliminating the need for physical signatures and witnesses.
Barclays CEO 'Shocked' by Epstein Files Amid £9.1bn Profit
Barclays CEO CS Venkatakrishnan expresses dismay over Epstein revelations as the bank reports a near 13% profit increase to £9.1bn in 2025, while facing legal fallout from ex-boss Jes Staley's ties.
Barclays AI Push as Profit Jumps 13%, CEO Gets £15m Pay
Barclays accelerates AI integration for efficiency after £700m cost savings, with CEO Venkatakrishnan receiving a £15m pay package and profits rising 13% to £9.1bn.
Barclays Profits Jump 13%, Plans £15bn Shareholder Returns
Barclays reports a 13% rise in annual pre-tax profits to £9.1bn, driven by corporate and investment banking. The bank announces plans to return over £15bn to shareholders through dividends and buybacks by 2028.
JP Morgan Staff Revolt Against Dimon's Office Mandate
Approximately 2,000 JP Morgan employees have signed a petition opposing CEO Jamie Dimon's strict return-to-office policy, citing fears of career repercussions and questioning the logic behind the mandate for a global workforce.
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NatWest's £2.7bn Wealth Deal Meets Market Doubts as Politics Roil UK Assets
NatWest announces a £2.7bn acquisition of Evelyn Partners to target mass affluent clients, but shares fall as investors question the long-term payoff amid Westminster noise and competitive pressures.
Martin Lewis Warns Joint Account Holders of Financial Risks
Money Saving Expert Martin Lewis warns joint bank account holders about financial vulnerabilities during relationship breakdowns, advising immediate action to prevent debt accumulation.
Bank Customers Wrongly Denied Fraud Refunds, Data Shows
New Financial Ombudsman Service figures reveal thousands of banking customers were wrongly denied refunds after fraud, with Monzo, NatWest, and HSBC having high rejection rates.
NatWest's £2.7bn Evelyn Partners Deal Biggest Since Crisis
NatWest agrees to a £2.7 billion takeover of wealth manager Evelyn Partners, creating the UK's largest private wealth management firm with £127bn in assets.
NatWest Buys Evelyn Partners for £2.7bn in Major Deal
NatWest has secured a £2.7bn acquisition of Evelyn Partners, marking its largest deal since the 2008 taxpayer bailout and expanding its wealth management footprint.
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Bank Chairs Risk Shareholder Revolts on Climate Goals
Campaign group ShareAction urges institutional investors to vote against bank chairs who weaken climate commitments, targeting UK lenders like HSBC and Barclays.
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