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The Latest Breaking News from HSBC UK

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

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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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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.

The Independent UK

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.

Daily Record

£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

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

Birmingham Post

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

The Guardian - UK

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

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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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Daily Record

Martin Lewis shares crucial mortgage tips for getting best deal if current fix due to end this year

The consumer champion shares a step-by-step guide for people remortgaging on the same property.

Manchester Evening News

HSBC launches one of the 'best' mortgage deals for homeowners since before the mini budget

It comes after the Bank of England raised interest rates to 4 percent last week

The Independent UK

Bosses of major banks defend branch closures to MPs

Chief executives from NatWest Group, Barclays UK, HSBC UK and Lloyds Banking Group appeared before the Treasury Committee.

Evening Standard

Five-year fixed mortgage rates available below four per cent for first time since September

HSBC UK has reduced a five-year fixed-rate mortgage deal for borrowers with a 40 per cent deposit to 3.99 per cent.

The Independent UK

Five-year fixed mortgage rates now available below 4%

HSBC UK has reduced a five-year fixed-rate mortgage deal for borrowers with a 40% deposit to 3.99%.

Birmingham Post

THG, Steven Bartlett and Home Bargains: The 13 latest North West deals you should not miss

A range of businesses from across the region have announced major deals over the last week

Birmingham Post

Devon transport and logistics company secures millions of pounds for expansion

Gregory Group is one of the biggest logistics and distribution businesses in the UK and employs more than 3,000 staff

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