News

Spanish bank says it has no "current plans "to float its UK arm

Money Insider: Longest not always best in credit card war

The battle between credit card companies striving to offer the longest zero per cent term for balance transfers has moved up a notch in the past four or five weeks.

House prices in London and the South-east are rising fast

House prices growing at 'fastest annual pace since 2007'

Year-on-year increase of 6.3%  in prices is the highest annual rise seen since November 2007

Lord Burns steps down from Santander board

Lord Burns, the former civil servant turned serial company director, is step down from the board of Banco Santander after more than a decade.

The Business Matrix: Thursday 9 January 2014

L’Oréal reduces products in China

Santander will offer a range of fee-free Help to Buy mortgage products

Santander unveils help to buy mortgage deal

The battle to offer low-deposit mortgages stepped up today after a lender unveiled new deals under the Government's Help to Buy scheme and another announced plans to join the initiative.

Money Insider: Will this be the year banking gets the kick up the backside it needs?

As we start another year, is it too much to hope that we have seen the last of questionable sales practices, poor service and IT infrastructure failures from the banking industry?

The Marks & Spencer company logo hangs outside the company's flagship store on Oxford Street in London

Marks & Spencer appoints Lloyds retail director to board

Marks & Spencer has appointed Lloyds Banking Group’s retail director, Alison Brittain, to the board as a non-executive director.

Aldermore bank joins Help to Buy scheme

One of Britain's newest banks has became the latest lender to launch products under the Government's extended Help To Buy scheme.

RBS in turmoil as finance director Nathan Bostock quits for Santander

City hopes of an early a sell-off of the taxpayer’s stake in Royal Bank of Scotland were dealt a massive blow today as its finance director, Nathan Bostock, was poached by rival Santander UK.

The Business Matrix: Wednesday 11 December 2013

End of the road for VW Kombi vans

Funding for Lending loans more than triple to £5.8bn led by Lloyds and Nationwide

Net lending by banks participating in the Bank of England's flagship scheme Funding for Lending more than tripled to £5.8 billion in the third quarter, according to newly released figures.

Banks are brought to account by switchers as growing number of people expect to be rewarded by their bank

There has been a rise in people moving their savings since an easier transfer system was launched

New Lloyds chairman boosts efforts to speed up taxpayers’ stake sell-off

The next chairman of Lloyds Banking Group, Lord Blackwell, is expected to launch a review of the business to ensure a speedy sale of the taxpayers’ remaining 33 per cent stake in the bank.

Former Margaret Thatcher adviser tipped as next Lloyds chairman

Lord Blackwell served as a Downing Street adviser under Thatcher in the 1980s

RBS report author had to blow £2.6m on loan fees... mostly from RBS

The Government adviser who this week issued a scathing report on RBS’s treatment of small businesses could have been speaking from his own experiences. Accounts for Lawrence Tomlinson’s company show he has refinanced his own credit facilities, at great cost, with a consortium led by RBS.

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Independent Travel
Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
3.	Provence 6 nights B&B by train from £599pp
Prices correct as of 20 February 2015
The difference between America and Israel? There isn’t one

The difference between America and Israel? There isn’t one

Netanyahu knows he can get away with anything in America, says Robert Fisk
Families clubbing together to build their own affordable accommodation

Do It Yourself approach to securing a new house

Community land trusts marking a new trend for taking the initiative away from developers
Head of WWF UK: We didn’t send Cameron to the Arctic to see green ideas freeze

David Nussbaum: We didn’t send Cameron to the Arctic to see green ideas freeze

The head of WWF UK remains sanguine despite the Government’s failure to live up to its pledges on the environment
Author Kazuo Ishiguro on being inspired by shoot-outs and samurai

Author Kazuo Ishiguro on being inspired by shoot-outs and samurai

Set in a mythologised 5th-century Britain, ‘The Buried Giant’ is a strange beast
With money, corruption and drugs, this monk fears Buddhism in Thailand is a ‘poisoned fruit’

Money, corruption and drugs

The monk who fears Buddhism in Thailand is a ‘poisoned fruit’
America's first slavery museum established at Django Unchained plantation - 150 years after slavery outlawed

150 years after it was outlawed...

... America's first slavery museum is established in Louisiana
Kelly Clarkson: How I snubbed Simon Cowell and become a Grammy-winning superstar

Kelly Clarkson: How I snubbed Simon Cowell and become a Grammy-winning superstar

The first 'American Idol' winner on how she manages to remain her own woman – Jane Austen fascination and all
Tony Oursler on exploring our uneasy relationship with technology with his new show

You won't believe your eyes

Tony Oursler's new show explores our uneasy relationship with technology. He's one of a growing number of artists with that preoccupation
Ian Herbert: Peter Moores must go. He should never have been brought back to fail again

Moores must go. He should never have been brought back to fail again

The England coach leaves players to find solutions - which makes you wonder where he adds value, says Ian Herbert
War with Isis: Fears that the looming battle for Mosul will unleash 'a million refugees'

The battle for Mosul will unleash 'a million refugees'

Aid agencies prepare for vast exodus following planned Iraqi offensive against the Isis-held city, reports Patrick Cockburn
Yvette Cooper: We can't lose the election. There's too much on the line

Yvette Cooper: We can't lose the election. There's too much on the line

The shadow Home Secretary on fighting radical Islam, protecting children, and why anyone in Labour who's thinking beyond May must 'sort themselves out'
A bad week for the Greens: Leader Natalie Bennett's 'car crash' radio interview is followed by Brighton council's failure to set a budget due to infighting

It's not easy being Green

After a bad week in which its leader had a public meltdown and its only city council couldn't agree on a budget vote, what next for the alternative party? It's over to Caroline Lucas to find out
Gorillas nearly missed: BBC producers didn't want to broadcast Sir David Attenborough's famed Rwandan encounter

Gorillas nearly missed

BBC producers didn't want to broadcast Sir David Attenborough's famed Rwandan encounter
Downton Abbey effect sees impoverished Italian nobles inspired to open their doors to paying guests for up to €650 a night

The Downton Abbey effect

Impoverished Italian nobles are opening their doors to paying guests, inspired by the TV drama
China's wild panda numbers have increased by 17% since 2003, new census reveals

China's wild panda numbers on the up

New census reveals 17% since 2003