The total value of lending to UK businesses has risen by £12bn to £533bn in the nine months to end May 2022 as banks increase their lending following a sharp… The post Value of total bank lending to UK businesses jumps £12bn in nine months following loans ‘drought’ appeared first on London Business News |…
Banking giant Barclays are to pay more than 35,000 customer-facing and junior employees a £1,200 pay rise to help them with the cost of living. The pay rise to their… The post ‘This is a victory for Unite’ as Barclays to pay more than 35,000 workers £1,200 to help with the cost of living crisis…
Reduced regulation around banking activities creates shareholder value and positive stock returns, new research from Nyenrode Business University and Erasmus School of Economics reveals. Dr. Michael Erkens, Professor of Corporate… The post Reduced regulation around banking activities creates shareholder value and positive stock returns appeared first on London Business News | Londonlovesbusiness.com.
The Bank of England Monetary Policy Committee confirmed on Friday their base rate will rise by another 0.25% to 1.25%, research from international audit, tax and advisory firm Mazars shows… The post Businesses will pay almost £1bn more in interest straight away as Bank of England increases rate by 0.25% appeared first on London Business…
Almost nine-in-ten UK banks or financial services organisations (89%) have lost out on green trade finance opportunities, compared with only 56% in Switzerland, new research reveals. With pressure from governments… The post UK trade banks 33% more likely to lose out on green trade finance opportunities than Swiss rivals appeared first on London Business News…
The Cumberland Building Society is embarking on major investment as it promises to offer banking services that are “kinder to people and planet”. The pledge comes in the society’s annual… The post Cumberland steps up investment and commits to ‘kinder banking’ appeared first on London Business News | Londonlovesbusiness.com.
