News

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

Money Insider: Beware...don't cut out middle man as you look for a mortgage

The number of new mortgages being taken out may be well short of the volumes seen in the heady days before the banking crisis, but that doesn't mean the job of finding the best mortgage gets any easier.

James Ashton: Size matters, so Britain must grow big businesses to feed our economy

A confluence of events reminded me of the real challenge Britain faces to reboot itself as a nation of entrepreneurs. I emerged on Wednesday from a persuasive briefing with Santander's boss Ana Botin on her campaign to recruit more small-business customers to read an email reporting that a little-known company called Ubiquisys had been sold.

BP shareholders get $8bn of profits from sale of Russian stake

Shares in BP leapt today after the FTSE 100 oil giant unveiled plans to return $8bn (£5.3bn) to investors, a day after completing the sale of its troubled TNK-BP Russian joint venture.

Santander pair pocket £2.8m in hellos

Two new executives at Santander UK were paid a total of £2.8m in "golden hellos" last year, cutting across much stricter bank pay rules being introduced by the European Union.

High street banking giant Santander pays £1m-plus to 19 staff

High street banking giant Santander paid 19 staff more than £1 million last year and increased its bonus pool by 14% to £150 million despite another year of hefty provisions for mis-selling scandals.

The Business Matrix: Friday 15 March 2013

Sale of Anschutz group called off

Money Insider: Santander and Halifax set the pace for ISAs

With the tax-year crossover a little under four weeks away, it's that time of year when many consumers start to pay closer attention to the interest rates on offer in the individual savings account (Isa) market.

The Bank of England said it expected credit conditions to improve over the course of 2013

Lending fell by £2.4bn despite credit-boosting scheme

Grim figures in final quarter but some hope after January upturn

Royal Bank of Scotland 'plans share sale before poll'

Royal Bank of Scotland is reportedly preparing to raise billions of pounds from a share sale just months before the next general election.

Money Insider: Pack the right plastic for your Easter break

With many consumers gearing up for the Easter break, it's a good time for a reminder of the charges you can incur when using your debit and credit cards abroad.

Lloyds fined £4.3m for slow PPI payments

Antonio Horta-Osorio came under more pressure after Lloyds Banking Group was hit with a £4.3m fine for failing to pay compensation quickly enough to tens of thousands customers.

Santander faces fine after FSA puts banks to the test

Regulator's 'mystery shopper' exercise reveals industry still making basic mistakes

The Business Matrix: Saturday 2 February 2013

Pinewood has new expansion plan

Jim Armitage: Despite the Davos hype, Europe's economy is still neck-deep in crisis

Global Outlook: Tokyo shut all but two of its 55 nuclear generators when Fukushima blew up

The Business Matrix: Tuesday 22 January 2013

Sales climb at car dealer HR Owen

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