Advertisements
9.6 C
London
Thursday, April 2, 2020
- Advertisement -

CATEGORY

FINANCE

British banks suspend dividends to save money for coronavirus fight

Britain’s biggest banks have become the latest to scrap their dividends, as businesses scramble to save money by stopping payments to shareholders amid the...

Microsoft ploughs ahead in cloud business growth

Microsoft has reported another solid quarterly report card to Wall Street, as it ploughs ahead in selling its cloud computing services to big businesses...

Bank of England to make ‘knife-edge’ rates decision amid cut speculation

Bank of England policymakers will gather for a “knife-edge” decision on interest rates this Thursday following recent speculation a cut may be on the...

Goldman Sachs profit falls 24% as legal expenses mar results

Goldman Sachs said its fourth-quarter profits dropped by 24% from a year earlier, as the bank had to set aside money to cover its...

Shareholders lose multimillion-pound legal battle against Lloyds

Lloyds shareholders have lost a multimillion-pound High Court action over the acquisition of HBOS. A judge sitting in London on Friday dismissed an action by...

Jingye set to save British Steel plant, and 4,000 jobs

A Chinese industrial giant is set to come to the rescue of British Steel within days, buying out its embattled plant in Scunthorpe in...

Barclays posts higher profits despite £1.4bn PPI charge

Barclays has posted higher profits in the third quarter despite taking a £1.4 billion hit for payment protection insurance (PPI) claims. The bank increased adjusted...

RBS swings to a loss after £900m PPI hit

Royal Bank of Scotland has tumbled to a loss in the third quarter after taking a £900 million hit for payment protection insurance (PPI) claims. The...

Barclays halts ‘last in town’ and remote branch closures in UK for two years

Barclays has pledged not to close branches in remote areas of the UK or where it is the last bank in town for the...

Belgian prosecutors settle with HSBC in tax-dodging case

Belgian prosecutors have reached a settlement worth nearly €300m with a Swiss private banking branch of HSBC over a longstanding fraud and tax-dodging case. The...

Latest news

1,500 ventilators a week to roll off UK production lines by May, say manufacturers

At least 1,500 ventilators a week could be rolling off British production lines by the end of the month to help in the fight...

Effectiveness of school closures in historic pandemics put under the microscope

New research has given some insight into the effectiveness of school closures during a pandemic, by studying behaviours during disease outbreaks of the past. A...

Coronavirus poses existential threat to Africa, says health expert

African is facing an “existential threat” as some countries will have more than 10,000 coronavirus cases by the end of April, a health expert...

Lineker criticises Tottenham for furloughing staff

Gary Lineker has criticised his former club Tottenham after the Premier League club’s announcement that they will furlough 550 members of their non-playing staff. Lineker,...

Atletico Madrid players take pay cut to help support club’s staff

Atletico Madrid players will help supplement the salary of 430 club employees after agreeing a wage deal. Boss Diego Simeone and members of the club’s...
- Advertisement -