Tiny council apologises to taxpayers for losing £9,000 – a tenth of its budget – to crudely simple online scam Officials at Harlech Community Council made a payment to a scam artist The council made a £9,000 advance payment to Oluwafeni Odunga By Darren Boyle Published: 12:55 BST, 13 September 2023 | Updated: 13:50 BST, … Read more
HSBC buys failed lender Silicon Valley Bank UK following government crisis talks after British tech firms were left on the brink by US bank collapse Customers of SVB UK will be able to access their deposits as normal from today California-based parent company imploded and US regulators seized its assets By Mark Duell for MailOnline … Read more
Chocolate and ice cream may not be top of the shopping list for most of us trying to keep in shape. But it seems they’re good enough for injury-hit Emma Raducanu as she stocked up on comfort food during a shopping trip to M&S. The tennis star, 19, was spotted in south-east London clutching the … Read more
NatWest’s online banking system is back up and running after customers were left unable to access their accounts during an outage that lasted for almost two hours. According to Down Detector, which monitors website outages, hundreds of users began experiencing issues from around 12:30 BST. NatWest said the problem was resolved at about 14:30 BST … Read more
Extinction Rebellion fanatics are deliberately causing at least £5,000 of criminal damage at protests to get jury trials as they believe they’ll stand a better chance of acquittal Extinction Rebellion deliberately causing criminal damage to get a jury trial Anyone who causes at least £5,000 of damage can be brought before a jury Protestors believe … Read more
Bosses at HSBC have fallen victim to the bank’s huge cut back on office space as it attempts to move towards home-working, it has emerged. Senior staff were recently pushed out of their private offices on the 42nd level of the group’s Canary Wharf headquarters and will instead be force to hot-desk two floors below. … Read more
95% mortgage deals backed by the state: First-time buyers can get on the property ladder with just a 5% deposit under a new scheme launching today High street banks including Lloyds, Santander and Barclays will start offering state-backed mortgages under a government scheme launching today Both first-time buyers and current homeowners will be able to … Read more
Big mortgage lenders including Lloyds, NatWest, Santander, Barclays and HSBC prepare to launch wave of ultra-low 5% deposit deals for homes up to £600,000 in bid to kick-start the property market Big lenders say they will back UK Government 5 per cent home deposit scheme It will be open for applications from later this month … Read more
HSBC offers more than 1,200 call centre staff the option to WFH permanently after majority said they did not want to return to the office Research shows majority of 1,800 HSBC staff did not want to return to the office Discussions on work location flexibility taking place at an individual team level Contract changes for those … Read more
Canadian police officer involved in Huawei CFO Meng Wanzhou’s arrest says US instructed them to seize her phone and laptop to prevent data ‘from being erased remotely’ – as second day of extradition trial kicks off Meng Wanzhou, 40, is facing bank fraud charges related to violations of US sanctions against Iran She is accused … Read more
Banks are still closing branches at an ‘alarming rate’ as figures show more than 1,500 have shut down since 2017 – despite new rules brought in to protect them NatWest alone has shut more than 650 bank branches in the past three years Banks are required to consider impact of closing branches on local residents … Read more
Football bosses Sir Alex Ferguson and Sven-Goran Eriksson suing HSBC over failed film investment scheme By Lucy White For The Daily Mail Published: 21:56 BST, 22 June 2020 | Updated: 22:04 BST, 22 June 2020 Sir Alex Ferguson and Sven-Goran Eriksson are suing HSBC over a failed film investment scheme. The Mail understands that the … Read more
The boss of Britain’s biggest building society is taking a huge pay cut to show solidarity with staff and customers in the pandemic. Joe Garner, who is chief executive of the Nationwide, is sacrificing around £1.2million in pay, pension and bonus. He is the first boss of a major financial institution to volunteer for a … Read more