Business

HSBC UK reopens broker channel for mortgages

H SBC UK has said it has been working to increase capacity for mortgage borrowing, as it reopened its broker…

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City office space fell by 166,000 square metres in past year

T he City of London lost 6% of a square mile in office space in the past year, more than…

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FTSE 100 Live: Oil windfall tax to remain, China producer prices slide

Wall Street bull market fails to lift FTSE 100, Shoe Zone up 9% Bull market headlines in the US jarred…

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FTSE 100 live: Shares seen flat; Network International takeover

1686293668 Windfall tax on energy giants given longer to run but will fall if prices drop The government has announced…

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High street records negative sales for first time in more than two years

T he high street has recorded negative sales for the first time in more than two years as the cost…

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Record £2.4bn in motor claims paid in first quarter of 2023, say insurers

A record £2.4 billion was paid out in motor claims in the first quarter of this year as firms find…

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FTSE slides as strong pound drags on multinationals

L ondon’s main markets closed in the red on Thursday after trading was bogged down by the stronger pound. Ex-dividend…

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City Watchdog investigating hedge fund amid claims against founder Crispin Odey

T he Financial Conduct Authority is investigating Odey Asset Management (Odey AM) and banks are reviewing their relationship with the…

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Big banks offering ‘measly’ savings rates to loyal customers, say MPs

S ome of the UK’s biggest banks and building societies have been accused of offering “measly” savings rates to loyal…

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BT boss Jansen bags £1.8m bonus as group plans to slash workforce

B T has revealed its boss took home a £1.8 million bonus last year as the telecoms giant plans to…

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