Shooting businesses likened to sex work in debanking scandal

[ad_1] Basc has been supporting its members in campaigning against unfair banking practices for a number of years and their surveys have shown that around a third of shooting businesses…

Overzealous banks are squeezing the remaining life out of British business

[ad_1] In an unprecedented move, the Federation of Small Businesses (FSB) has urged the Financial Conduct Authority (FCA) to intervene over what it describes as “harsh” banking practices that it…

British digital pound ‘will raise risk of bank runs’

[ad_1] The Bank of England’s plans to introduce a digital pound could increase the risk of bank runs, MPs have warned. A digital currency could increase the risk of bank…

Branch closures and graveyard pop-ups show that customers are now an afterthought for banks

[ad_1] In many ways, it’s the never-ending troubles of Metro that cast the greatest shadow over traditional banking. Boss Daniel Frumkin insists it remains “committed to stores and the high…

Lloyds boss warns against bank windfall tax as Labour election win looms

[ad_1] However, Mr Nunn’s comments suggest the industry wants her and Chancellor Jeremy Hunt to go further and explicitly rule out a windfall tax on profits.  The disastrous introduction of…

Barclays plots 2,000 jobs cuts in £1bn cost-cutting plan

[ad_1] Barclays is preparing to axe up to 2,000 jobs in a £1bn cost-cutting drive aimed at boosting the lender’s profits. The redundancy plans, which emerged on Thursday night, are…

Banks accused of short-changing small businesses with poor interest rates

[ad_1] Big banks have been accused of giving small businesses “an incredibly poor deal” by offering them less interest on their cash than bigger companies. In a letter to the…

Is Britain heading for another Black Monday?

[ad_1] The bond markets are crashing around the world, just as they did in the run-up to the crash of 1987. Debts have been ramped up. The equity markets are…

Bank of England criticises lenders for failing to address bond market risks

[ad_1] Stocks have struggled under the weight of soaring yields in the bond market. Yields, which is the return paid to buyers of the bonds, rise when the prices of…

Bank of England launches hunt for ‘unconscious bias’ in finance industry

[ad_1] Bank of England launches hunt for ‘unconscious bias’ in finance …  The Telegraph [ad_2] Source link