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The Latest Breaking News from HSBC UK

Somerset manufacture, SWP Concrete Solutions, invests in new HQ

The Bridgwater company has secured a £5.3m finance package from HSBC

Birmingham Post

Santander is latest major lender to announce pause to some mortgage applications

The bank will not be accepting new applications via intermediary and online channels temporarily from Monday evening, ahead of a Wednesday relaunch.

The Independent UK

HSBC UK reopens broker channel for mortgages

Increased lender rates across the market resulted in significant demand for the bank’s products.

The Independent UK

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HSBC pulls mortgage products for new borrowers ahead of rates hike

Nationwide Building Society is hiking some fixed rates from Friday while HSBC UK has temporarily removed some products before relaunching on Monday

The Independent UK

More pain for home buyers as Nationwide hikes mortgage rates HSBC deals disappear

It's more bad news for people buying or remortgaging

Wales Online

Mortgage rates hiked and products temporarily withdrawn by lenders - OLD

Nationwide Building Society is hiking some fixed rates from Friday while HSBC UK has temporarily removed some products.

The Independent UK

Cornish heat pump firm secures seven-figure funding to support growth

Truro-based Kensa Group recently secured its largest-ever investment

Birmingham Post

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Banks set out plans to hike savings rates next week

Savers languishing on poor savings rates have been urged to ditch and switch to find a better deal.

The Independent UK

Bristol and Bath businesses adapt strategies for growth, according to HSBC

Bank says a third of UK businesses plan to adapt their strategies to navigate financial challenges over the next six months

Birmingham Post

Welsh upholstery firm buys hotel following HSBC funding package

Lyn Morgan Furnishings has moved from rented premises in south Wales to the Elan Valley in mid-Wales

Birmingham Post

People searching for bank holiday bargains warned to look out for purchase scams

HSBC UK said it recorded a jump in purchase scams in March and warned that scammers could be out to ruin the bank holiday weekend.

The Independent UK

More than 10 million UK adults struggling with bills and credit repayments – FCA

Around 5.6 million adults were estimated to have missed bills or loan payments in at least three of the previous six months, the FCA said.

The Independent UK

Turbo Power Systems uses £3.8m to launch 'ultra rapid' electric vehicle chargers for industry

Production begins this summer as the firm is targeting fleet operators of commercial vehicles

Birmingham Post

Banks apologise to customers following disruption to services on Tuesday

Both First Direct and HSBC UK have apologised after issues with their services on Tuesday morning.

The Independent UK

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The Independent UK

HSBC UK chief executive encourages people struggling financially to seek help

Ian Stuart was speaking as the bank announced a new initiative with housing charity Shelter to support the financial health of people and communities.

The Independent UK

20% of people ‘less confident than six months ago about paying rent or mortgage’

HSBC UK and housing charity Shelter have announced a new partnership to support the financial health of people and communities.

Daily Record

HSBC launches new £200 free cash switching offer to people moving their everyday banking services

RBS, NatWest and First Direct are also offering up to £200 to new customers switching banks.

Birmingham Post

£30m funding pot secured by Myenergi to accelerate business development strategy

HSBC backing for smart technology producer behind car charging, storage and optimal energy use devices

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news in one place.

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Birmingham Post

Expansion plans for Swansea performing arts school following buyout

Stagecoach Performing Arts was acquired following a six-figure funding package for HSBC UK

The Guardian - UK

Millions paid in bonuses to UK Silicon Valley Bank staff days after £1 rescue

Workers reported to have received payouts from ‘modest’ pool of £15m-£20m following takeover deal by HSBC

Birmingham Post

Cornwall fishing firm nets funds to create jobs and upgrade fleet

Ocean Fish Group describes itself as the largest fish buyer on the South West markets, processing more than 30 different species of fish and molluscs

Birmingham Post

Gateshead's GAP Group creates new jobs following eight-figure funding deal

The HSBC finance package will help the recycling and haulage business to meet its net zero targets

Investors Business Daily

SVB Bank Collapse Sends Shock Waves Across Europe, Asia

Startups, venture capitalists and investors from Europe to Asia tried to size up the wider fallout from the SVB Bank collapse.

Birmingham Post

Starling Bank to create 1,000 jobs in Manchester after signing Landmark deal

Other tenants include Santander UK, RSM, HSBC UK and Grant Thornton

Birmingham Post

Gateshead firm iPac creates 100% recyclable packaging with £4.2m funding deal

The family firm is launching two new products and creating new jobs on the back of the HSBC deal

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