The Latest Breaking News on Financial Services

The Santander customer from the capital was convinced by the caller and sent £21,996.38 to the new account. She later became suspicious, police said.

Demand for credit is waning among UK’s leading companies, according to accountancy firm Deloitte

It comes as the cost of living crisis continues to grip Brits hard

The move comes amid the cost of living crisis

Businesses are planning to invest, grow turnover and retain staff, according to the latest Lloyds Bank Business Barometer

The World Bank is seeking to vastly expand its lending capacity to address climate change and other global crises and will negotiate with shareholders ahead of April meetings on proposals that include a capital increase and new lending tools, according to an "evolution roadmap" seen by Reuters on Monday.

Corporate loans are expected to be the key contributor to lending growth in the banking sector in 2023 thanks to improving demand from businesses and the strong financial condition of large companies.

India’s Supreme Court upheld Prime Minister Narendra Modi’s 2016 decision to overnight invalidate high-value currency notes, a decision that could provide firepower to the ruling party ahead of a series of elections in coming months.

Global economic growth in 2023 is expected to remain sluggish, following a year roiled by the war in Ukraine and soaring inflation.

Some high street banks including HSBC, NatWest and Lloyds are set to close at least 193 more branches next year. However only one branch in Glasgow is set to close by the end of the month.

Colombo (AFP) - Sri Lanka began a fresh austerity drive Monday, freezing government recruitment as new taxes and higher electricity prices kicked in with authorities trying to secure an IMF bailout.