Finance News – U.K.
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World’s largest banks pledged $869bn to fossil fuel firms in 2024, new report finds
In 2024, leading global financial institutions substantially raised their monetary support to companies in the coal, oil, and gas sectors, increasing total investments by over $160...
Read Full Article →First-time buyers typically borrowing for 31 years
New homeowners are generally securing loans that extend over three decades, indicating sustained long-term borrowing even as interest rates experience slight decreases.
Read Full Article →Thames Water boss ordered to tell MPs if executives received bonus payments
The controversy centers on whether senior employees at the major water firm received large incentives tied to a significant emergency loan despite ongoing financial difficulties.
Read Full Article →Shawbrook Bank’s loan and deposit book boosted by retail demand
Shawbrook Bank experienced a notable increase in lending during the first quarter, with strong commercial and consumer activity contributing to a significant rise in its financial...
Read Full Article →When will interest rates go down again?
Fluctuations in interest rates determined by the Bank of England have a direct impact on borrowing costs and returns for individuals with mortgages, loans, and savings accounts acr...
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