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Nigel Farage’s Bank Account Row Could Stop Politicians Expressing Opinions | Lord Hague

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Summary: UK banks to face strict rules on closing accounts to protect freedom of expression. Nigel Farage's account with Coots closed due to disagreements over political views. Nigel Farage calls for NatWest's CEO to be questioned by the Treasury Select Committee. Experts emphasize the importance of an inclusive banking system. UK banks will face strict rules on closing customers' accounts to protect freedom of expression, following the recent closure of Nigel Fara...

FTSE 100 down despite North Sea news - Market Report

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Summary: FTSE 100 is down despite the announcement of new North Sea oil and gas licenses. Financial Conduct Authority (FCA) has undergone an overhaul for fair treatment of consumers. UK's largest banks are planning a £5 million advertising campaign to support customers with repayments. BT Group 's shares slipped after the announcement of Alison Kirkley as the new chief executive. Marshall 's share price plummeted following the news of 250 job cuts . Walmart acquires TigerGlobal 's investment in Flipkart for $1.4 billion, increasing its stake to over 80%. ScanCell 's share price rises as the company expa...

Huge Week for Central Bank Interest Rate Decisions

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Summary: Central banks face a significant week with crucial interest rate decisions. The Federal Reserve is expected to raise rates and provide insights through the press conference. The European Central Bank will likely indicate ongoing commitment to supporting economic growth. The Bank of Japan is anticipated to maintain its short-term interest rate target. Global markets closely monitor these decisions for potential currency shifts and investor reactions. Central banks wor...

Cost of Living Crisis: Halifax Joins Rivals in Cutting Mortgage Rates

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Summary: Halifax , the UK's biggest mortgage lender, is reducing rates by up to 0.71 percentage points. HSBC and other major banks have also announced rate cuts in response to rising mortgage rates. The reduction in rates provides relief to homeowners and potential buyers, especially for fixed-rate deals. The move is influenced by expectations of Bank of England rates and inflation trends. Mortgage rates have been on the rise due to consecutive interest rate increases by the Bank of England . Recent decrease in inflation offers optimism about possible rate stabilization. Mortgage companies are aiming to attract customers by ...