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Sunday, March 29, 2020
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finance

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...

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...

Sainsbury’s reveals store overhaul as it warns over half-year profits

Sainsbury’s has said it will close up to 125 Argos stores and supermarkets but open even more amid an overhaul to slash costs. The group said...

RBS unveils bumper £1.7 billion dividend

Royal Bank of Scotland has unveiled a bumper £1.7 billion payout for shareholders, delivering a surprise windfall for the British taxpayer. The bank announced a...

Bank of England Governor steps up no-deal Brexit warnings

Shoppers and motorists will face higher prices, and a “substantial number” of firms could find they can no longer compete in the event of...

US Federal Reserve cuts interest rate for first time in more than a decade

The US Federal Reserve has cut its key interest rate for the first time in a decade. The cut aims to counter threats ranging from...

Five banks fined €1.07bn over foreign exchange cartel

Five banks handed a €1.07bn fine for taking part in a foreign exchange spot-trading cartel, the European Commission has announced. Barclays and Royal Bank of...

Facebook agrees to donate £3m to Citizens Advice over scam adverts

Martin Lewis has dropped a campaign lawsuit against Facebook after the social network agreed to donate £3 million to Citizens Advice and set up...

German police search Deutsche Bank offices in tax haven case

German authorities have searched the headquarters of Deutsche Bank in Frankfurt and other offices on the suspicion that bank employees helped clients set up...

US stocks tumble to worst loss in three months

US stocks have plunged as losses for Cisco Systems hurt technology companies while Wal-Mart declined after its latest quarterly report. Banks also dropped as bond...

Latest news

Manchester City to make Etihad Stadium facilities available to NHS

Manchester City are making facilities at the Etihad Stadium available to the NHS in the front-line battle against the coronavirus pandemic. As part of contingency...

Tom Hanks back in the US after self-isolating in Australia

Tom Hanks has returned to the US having self-isolated in Australia for coronavirus. The Hollywood star and his wife Rita Wilson, both 63, announced they...

Juventus players and manager agree to forego wages for four months

Juventus players have agreed to waive four months’ wages to help the club’s finances amid the coronavirus pandemic. Cristiano Ronaldo and his team-mates, along with...

Trump considers then rejects quarantining New York and other states

US President Donald Trump considered then abandoned ordering a quarantine for the coronavirus hotspots of New York, New Jersey and Connecticut. Mr Trump announced in...

Coronavirus-hit cruise ship allowed through Panama Canal

A coronavirus-stricken cruise ship stranded off the coast of Panama with over 200 British nationals on board will be allowed to continue its journey...
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