Gupta pulls funding for Wyelands Bank as his empire teeters on the brink of collapse By Lucy White For The Daily Mail Published: 22:00 BST, 13 May 2021 | Updated: 22:00 BST, 13 May 2021 Sanjeev Gupta has pulled the plug on his UK bank as his empire teeters on the brink of collapse. The … Read more
Chaos on trains could derail Bank Holiday weekend plans as insiders say the fiasco could drag on for weeks Cross-country services were brought to a near-standstill for a fourth day on Tuesday and rail users were warned not to travel again today Chaos was sparked after cracks were found under some of Hitachi Rail’s trial, … Read more
Outlook is rosier says NatWest boss: Bank reports bumper profits – but money laundering scandal casts cloud over costs By Lucy White For The Daily Mail Published: 22:54 BST, 29 April 2021 | Updated: 23:12 BST, 29 April 2021 Natwest raked in bumper profits in the first three months of this year after fewer people … Read more
US private equity giants JC Flowers and Bain Capital become major shareholders in the Co-operative Bank By Daily Mail City & Finance Reporter Published: 22:01 BST, 28 April 2021 | Updated: 22:01 BST, 28 April 2021 US private equity giants JC Flowers and Bain Capital Credit have become shareholders in the Co-operative Bank Two US private … Read more
Bank holiday staycationers would be wise to pack an umbrella as the country is set for a damp weekend with mild 55F highs before the downpours continue next week. Heavy bursts of rain are expected in the far southeast, northern and northeastern parts of the UK tomorrow as temperatures plummet below 50F for the rest … Read more
Will this trigger a tax-free savings war? Marcus Bank now opens its near-best buy Isa paying 0.4% up to EVERYONE after it launched the account last week Tax-free account from Marcus was finally launched after two years of waiting It was initially open to existing customers only It still does not accept transfers but the … Read more
Surprise exit: Bank of England chief economist Andy Haldane to leave central bank after over 30 years Haldane will step down at the Monetary Policy Committee meeting in June He’ll be the new CEO of the Royal Society for Arts, Manufactures and Commerce He had been reappointed for a new three-year term as an MPC … Read more
Around 45,000 investors in the now-defunct peer-to-peer lender RateSetter have had their accounts closed and their money returned after it was taken over by Metro Bank last August. Customers began receiving emails from last Tuesday after the High Street lender in February gave investors two months’ notice that it had bought £384million worth of loans … Read more
Around 45,000 investors in the now-defunct peer-to-peer lender RateSetter have had their accounts closed and their money returned after it was taken over by Metro Bank last August. Customers began receiving emails from last Tuesday after the High Street lender in February gave investors two months’ notice that it had bought £384million worth of loans … Read more
No green shoots for Isa savers as the new tax year sees saving rates fall as Marcus fails to spur a tax-free rate war Rates on easy-access Isas have fallen from 0.46% in March to 0.41% March and April is usually ‘Isa season’ when banks compete for savers’ cash Rates are now at an all-time … Read more