Bank of England poised to shove rates up for third time in a row Is the Bank of England putting up interest rates tomorrow (Thursday) at 12pm? Evening Standard · Mar 16, 2022
Paytm refutes reports of data leak to Chinese firms, calls it 'false and sensationalist' NEW DELHI: Paytm Payments Bank on Monday refuted reports of leaking data to Chinese firms and termed them to be "false and sensationalist". The Times of India · Mar 14, 2022
Sensex jumps 936 points as banking, financial stocks surge; Nifty settles above 16,850 NEW DELHI: Equity indices jumped for fifth straight session on Monday with the benchmark BSE sensex rising over 900 points led by gains in banking, financial stocks. The Times of India · Mar 14, 2022
Central banks ready to raise interest rates even as economies wobble TWO of the most powerful central banks in the world are poised to put up interest rates this week as they battle runaway inflation – but there are warnings that could just cause further turmoil to economies battered by the Ukraine war. Evening Standard · Mar 14, 2022
Talwar cars booked for cheating Central Bank of India Talwar Cars Private Limited was booked by Hyderabad city police for allegedly cheating the Central Bank of India. The Hindu · Mar 13, 2022
Everything you need to know to use the wildly complicated Pokémon Home A central Pokémon database that allows you to transfer Pokémon into 'Sword and Shield' from previous games sounds simple enough, but Pokémon Home feels anything but simple. Inverse · Mar 13, 2022
Bank mulls rate hike amid inflation dilemma caused by Ukraine conflict Experts predict the Bank will raise rates to 0.75% on Thursday, but trade more cautiously due to fears over slowing growth. The Independent UK · Mar 13, 2022
Will the Bank of England push rates up with war set to drag spending power down? Conflict in Ukraine means January’s GDP boost is unlikely to last, but Threadneedle Street still seems obsessed with curbing inflation The Guardian - UK · Mar 13, 2022
Bank of England expected to raise interest rates to 0.75pc as inflation soars Russian invasion of Ukraine has intensified pressure on the Bank of England to raise rates as consumer price inflation increases Wales Online · Mar 12, 2022
Russia's barbaric war in Ukraine set to hammer families and plunge UK into recession Experts say the Bank of England is 'highly likely' to raise interest rates. There are also fears fallout from the conflict in Ukraine could lead to rising costs for businesses Daily Mirror · Mar 12, 2022
Banks raise mortgage costs by £800 a year as cost of living crisis continues The cost of homeloans is soaring as lenders increase mortgage rates quickly, adding yet another increased bill to those already faced by hard-up British households Daily Mirror · Mar 10, 2022
Mortgage affordability tests: what do the new Bank of England proposals mean for house prices and first-time buyers? Recent Bank of England analysis found that the affordability test may have caused some borrowers to take out smaller mortgages than they could have done in its absence. Evening Standard · Mar 7, 2022
Bank of England puts Covid behind it, but now must face costs of war Threadneedle Street is offloading debt, but the Ukraine situation poses a new dilemma for all central banks The Guardian - UK · Mar 6, 2022
China-led development bank halts business in Russia, Belarus Move is latest sign of the limits of Beijing’s support for Moscow as it faces sanctions and censure over war in Ukraine. Al Jazeera · Mar 4, 2022
Asharq Al-Awsat · Mar 3, 2022 UK Court Orders Lebanese Banks to Pay $4M to Saver A London court has ordered two Lebanese banks to pay a depositor $4 million of his money locked in Lebanon’s crippled banking system by informal capital controls in place since a financial meltdown in 2019, the first such ruling in Britain. The High Court of Justice, Queen’s Bench Division, ordered…
Benzinga · Mar 2, 2022 Bank Of Canada Raises Interest Rates For First Time Since 2018, With More To Come The Bank of Canada raised interest rates to 0.5%, a 25-basis-point uptick that marked the first time that rates were increased by the nation’s central bank since 2018.
The Independent UK · Mar 2, 2022 Bank seen reining in rate hikes amid Ukraine conflict despite inflation fears ING experts said there had been a ‘massive’ re-pricing of UK interest rates by financial markets due to Russia’s invasion of Ukraine.
Reuters · Mar 1, 2022 Hungarians protest Ukraine invasion, Russian bank in Budapest Several hundred Hungarians rallied in central Budapest on Tuesday to protest against the Russian invasion of Ukraine, which has sent tens of thousands of refugees across the border, with most of them fleeing towards Western Europe.
Daily Mirror · Mar 1, 2022 Mortgage shake-up will make it easier for low-income workers to get a loan for a house Around 12% of people either can't get a mortgage or can't get the one they want due to strict lending requirements dating back to 2014, which the Bank of England is talking about relaxing
The Independent UK · Mar 1, 2022 Consumer credit borrowing grows at fastest annual rate since lockdowns started The annual growth rate for borrowing using consumer credit accelerated to 3.2% in January, according to Bank of England figures.
Wales Online · Feb 28, 2022 Proposed mortgage changes could mean buyers are able to access bigger loans If adopted, the changes would see an affordability rule scrapped
The Guardian - UK · Feb 28, 2022 Rollercoaster day for shares after Russia hit with sanctions over Ukraine Banks lose out as investors switch to defence stocks, and gas prices on global markets jump almost 20%
Insider UK · Feb 25, 2022 Scottish National Investment Bank chief executive resigns Eilidh Mactaggart will be replaced for the time being by current chief financial officer Sarah Roughead
Birmingham Post · Feb 24, 2022 The Co-operative Bank makes first full-year profit in a decade The bank's total income also rose from £307.3m to £361.5m over the same period
Insider UK · Feb 23, 2022 Thousands of bank branches have closed in the past 12 years - but how many are in your area? Official data shows the number of bank branches dropped by 11% in the year to March 2021