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BIZARRE: 4 | Mind Blowing Facts

FTSE fails to sparkle in tame pre-holiday trade

BP closed down 0.4% after announcing the sale of a 65% stake in its lubricants business Castrol.

Evening Standard

Are You Affected? Fury as Major Banks Axe 311 Branches Ahead of Christmas

Major banks are set to close 311 branches in the run-up to Christmas, triggering anger from customers and campaigners who warn the move will leave communities without vital face-to-face banking services.

International Business Times UK

British Banks Criticised Over Use of Exaggerated Net Zero Study That Influenced Lending Decisions

The Network for Greening the Financial System, which provides environmental guidance for banks, revealed that some of their analysis is based on an inaccurate paper.

International Business Times UK

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FTSE 100 Live 12 December: GDP reverse fuels rate cut bets, Card Factory slides

The UK economy declined by 0.1% for a second successive month in October, figures today showed.

Evening Standard

Banks in mortgage war as rates plunge in major boost to buyers

Santander and Nationwide have both dropped rates again in a bid to spark up property moves

The Independent UK

Deal Dispatch: Puma For Sale; Paramount Complains About Netflix, WBD

North American Builders Supply Files for Bankruptcy Amid Supplier Debts🚨BANKRUPTCY FILING ALERT🚨North American Builders Supply, Inc.Case: 25-18572📊Assets: $0.5M-$1M | Liabilities: $1.0M-$10M | Creditors: 1-49 | Industry: Construction SupplyChapter 11 – Filing Summary…— RK | Consultants (@_RKConsultants) December 4, 2025 src="https://platform.twitter.com/widgets.js" charset="utf-8"> For the previous edition of Deal Dispatch, click here.…

Benzinga

Bank customer with ‘phobia of Pride flags’ loses case against NatWest

Mark Jennings claimed Pride-related paraphernalia at bank branch caused him ‘severe psychological distress’

The Independent UK

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UK bank shares rise after reports of budget tax reprieve

NatWest, Lloyds and Barclays stock up amid expectation Rachel Reeves will spare lenders from further levy

The Guardian - UK

Stocks hit and bond yields jump amid tax U-turn talk

The FTSE 100 Index closed down 109.31 points at 9,698.37.

Evening Standard

Reeves Budget tax rise warnings and No10 'coup' chaos slammed for slowing Britain's economy

Former NatWest boss Sir Howard Davies accused the Government of making it harder for businesses with its ‘behaviour’ and policies

Evening Standard

Boost for homeowners as average rate on fixed mortgages fall below 5%

Falling money market swap rates and intense price cutting competition between lenders are behind the falls

Evening Standard

Mortgage UK: Turning Point for Homebuyers As Nationwide Leads Charge to Lowest Rates in Years

Nationwide slashes mortgage rates to 3.64%, fuelling UK housing market revival. Fixed deals under 4% boost remortgaging and buyer confidence.

International Business Times UK

New mortgage price war breaks out amid property market torpor

Some City analysts believe another rate cut from the Bank of England could come as soon as next week

Evening Standard

Microsoft outage affects thousands as Xbox, Starbucks and have interruptions

The company warned users may face admin center access issues and service delays

The Independent UK

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Evening Standard

Internet outages at NatWest, BT and Minecraft reported amid Microsoft disruption

There have been more than 2,000 reports of outages at Xbox and at least 500 reports for Microsoft Outlook.

Evening Standard

FTSE 100 hits record high after optimistic UK economic reports

For the week, the FTSE 100 rose 3.1%, the FTSE 250 advanced 3.4% and the AIM All-Share went up 0.7%.

The Guardian - UK

NatWest boss warns against higher bank taxes as lender’s profits rise 30%

CEO says fiscal discipline should be balanced with ‘policies that create stability, consistency and support growth’

The Independent UK

NatWest earnings soar after 600 roles cut across the business

The banking group has been focused on simplifying its operations

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Evening Standard

NatWest earnings soar 30% as it takes ‘tight control’ over business costs

The group has been focused on becoming a more efficient bank and simplifying its operations, which it hopes will save money in the long run.

Euronews

HSBC taps new CEO for UK division amid its biggest shake-up in 10 years

HSBC has named former NatWest executive David Lindberg as CEO of its UK ring-fenced bank, part of a sweeping restructuring aimed at streamlining operations and sharpening its customer focus.

Evening Standard

Former NatWest executive David Lindberg appointed HSBC UK boss

Mr Lindberg, who was NatWest’s chief executive of retail banking until earlier this year, will take up the role on December 8.

Evening Standard

Stocks tumble amid US banking fears

The FTSE 100 index closed down 81.52 points, or 0.9%, at 9,354.57.

Evening Standard

57% of undergraduates ‘encountered criminals or had money stolen in past year’

The Stop! Think Fraud campaign helps people to protect themselves from scams.

International Business Times UK

'Minus £7,000 Overnight': Metro Bank Glitch Sparks Outrage as Customers Report Vanished Funds

Metro Bank's recent system glitch sparked widespread frustration as customers reported being locked out of their accounts, facing unauthorised overdrafts, and losing funds.

Evening Standard

FTSE 100 ends record breaking week at new high

The upbeat mood came despite the ongoing US federal government shutdown and some downbeat domestic economic data.

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