Finance News – U.K.
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Baby bank reports 'disturbing' rise in demand
The Market Rasen Baby Bank has experienced a significant increase in usage, indicating growing financial hardship among local families seeking assistance with essential baby suppli...
Read Full Article →Treasury to dispose of final shares in bailed-out NatWest Group
The government’s upcoming sale of its remaining NatWest Group shares marks the conclusion of a long-term financial intervention, impacting public finances and signaling a shift in...
Read Full Article →Starling’s profits drop 25% as bank takes blame for Covid loan losses
Starling Bank experienced a significant decline in annual earnings due to £28 million in loan losses linked to government-backed Covid support, which the CEO attributed to internal...
Read Full Article →Motor finance: How rough a ride are Close Brothers in for?
Close Brothers is facing financial pressure as increasing expenses and declining loan portfolios challenge its stability, while an important regulatory decision could significantly...
Read Full Article →Is HSBC turning its back on Europe?
Under Georges Elhedery’s leadership, HSBC initiated a major restructuring focused on streamlining operations and emphasizing growth in Asia-Pacific, which could impact its financia...
Read Full Article →UBS deploys AI analyst clones as clients opt for research in video form
A Zurich-based bank is utilizing artificial intelligence and video technology to produce digital representations of its specialists, aiming to enhance client engagement and potenti...
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