Banking

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Bank of England warns AI could pose financial stability risks
‘Careful monitoring’ needed because of rapid pace of artificial intelligence and machine learning

Kalyeena Makortoff Banking correspondent

06, Dec, 2023 @12:16 PM

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Charities and churches left in financial disarray after Barclays shuts accounts
A number of community organisations say they were left struggling after bank closed or froze accounts ‘without warning’

Miles Brignall

04, Dec, 2023 @5:02 PM

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Calm, logical, decisive - Alistair Darling was the perfect crisis chancellor | William Keegan
In the eye of a financial storm, the Labour party linchpin proved himself a safe pair of hands by steering us out of the 2008 crash

William Keegan

02, Dec, 2023 @5:00 PM

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Digital pound should not be considered until risks addressed, MPs warn
Treasury select committee highlights concerns over data privacy and increased possibility of bank runs

Kalyeena Makortoff Banking correspondent

02, Dec, 2023 @7:00 AM

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Alistair Darling was a rare exception: a politician who quietly got things done
As chancellor during the financial crisis he showed great wisdom and courage, and he played a huge part in keeping the UK intact in the Scottish referendum

Gordon Brown

30, Nov, 2023 @4:53 PM

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How underrated chancellor Alistair Darling helped weather financial crisis
Labour politician, who has died aged 70, faced toughest challenge of his career when economy crashed in 2008

Larry Elliott Economics editor

30, Nov, 2023 @4:03 PM

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Metro Bank to cut about 800 jobs and review opening hours
Lender to ramp up cost-cutting plans after rescue deal and assess seven-days-a-week branch model

Kalyeena Makortoff Banking correspondent

30, Nov, 2023 @9:27 AM

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Lloyds chief urges UK policymakers to keep their hands off banks’ profits
CEO Charlie Nunn calls for measures such a windfall tax to be ruled out before next general election

Kalyeena Makortoff Banking correspondent

28, Nov, 2023 @2:51 PM

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Metro Bank rescue deal can go ahead after shareholders back it
Jaime Gilinski Bacal to increase stake to 53% as lender secures £325m in new capital and £600m of debt

Simon Goodley

27, Nov, 2023 @2:33 PM

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Isas: UK savers to get freedom to chase better deals as rules change
Shake-up will mean people can pay into more than one Isa of the same type, but experts say £20,000 limit should also rise

Rupert Jones

25, Nov, 2023 @7:00 AM

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Thousands of HSBC customers in UK unable to access online banking services
Consumers report problems using bank’s app on one of the busiest shopping days of year, Black Friday

Mark Sweney and Nadeem Badshah

24, Nov, 2023 @11:44 PM

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More than 2,500 jobs at risk in Lloyds shake-up
Exclusive: UK’s largest high-street bank preparing review of middle-management roles in response to expected income squeeze

Simon Goodley

24, Nov, 2023 @5:11 PM

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