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Monday, October 13, 2025
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FINANCE

Sterling soars but FTSE stumbles after Theresa May’s Brexit speech

The pound soared nearly 3% while £27 billion was wiped off the FTSE 100, after British Prime Minister Theresa May used a major speech...

Christine Lagarde remains IMF chief despite negligence conviction

Christine Lagarde will remain head of the International Monetary Fund despite being convicted of negligence in a case dating to her tenure as France's...

JPMorgan Chase to pay $264m in Chinese bribery case

JPMorgan Chase has agreed to pay $264.4m in fines to US federal authorities over claims it bribed Chinese officials. The deal will settle charges that...

US stocks bounce back to finish almost unchanged

US stocks have come back from an early loss on Wall Street and finished almost unchanged. Technology companies like Apple and Microsoft took big losses...

Banks could quit Britain with no post-Brexit transition plan, warns RBS chairman

The chairman of RBS has warned that banks could pull out of Britain unless Theresa May secures a post-Brexit transition plan. Howard Davies said American...

Tesco Bank confirms almost 20,000 customers had money stolen from accounts by hackers

Nearly 20,000 Tesco Bank customers have had money stolen from their accounts as a result of a weekend hack attack, the group's chief executive...

Barclays customers charged twice in debit card payments glitch

Barclays said it is working to fix a problem that has caused duplicate payments across an undisclosed number of customer accounts in the UK. A...

Bank of England governor Mark Carney warns against political interference

The Bank of England will not take instructions on its policies from politicians, Bank governor Mark Carney said, just a week after Prime Minister...

Lloyds axing more than 1,200 jobs

Lloyds is cutting 1,230 jobs in its group operations in the UK, retail, marketing and finance divisions as part of previously announced three-year strategy. The...

Deutsche Bank shares dip after failure to agree deal with US authorities

Deutsche Bank shares took another tumble today after the German lender failed to reach a deal with US authorities over a multi-billion dollar fine...

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