Category: Banking
Bank of England Eyes Potential Rate Cut Amidst Economic Optimism
(qlmbusinessnews.com Fri. 10th May, 2024) London, UK — "Economic Optimism Amidst Bank of England's Rate Cut Consideration" The Bank of England is cautiously considering a[more...]
UK Homeowners Brace as Major Banks Raise Mortgage Rates Amid Rate Cut Uncertainty
(qlmbusinessnews.com Tues. 23rd April, 2024) London, UK — Mortgage Rates Surge as Bank of England Rate Cut Expectations Recede. Homeowners across the UK are facing[more...]
Bank of England’s Forecasting Overhaul: Addressing Serious Deficiencies
(qlmbusinessnews.com Mon. 15th April, 2024) London, UK — Bank of England's Economic Forecasting System Under Scrutiny. A comprehensive review by Dr. Ben Bernanke, former head[more...]
IMF Sounds Alarm to Bank of England on UK Interest Rates Amid Fixed-Rate Mortgage Concerns
(qlmbusinessnews.com Tues. 9th April, 2024) London, UK — "UK Homeowners at Risk: IMF Flags Concerns Over Fixed-Rate Mortgages" In a notable warning, the International Monetary[more...]
Metro Bank Scraps Seven-Day Opening, Cuts Jobs in Cost-Cutting Drive
(qlmbusinessnews.com Thurs 14th, 2024) London, UK — Metro Bank Cuts Jobs and Ends Seven-Day Opening. Metro Bank has announced significant changes, including the end of[more...]
Nationwide’s £2.9bn Virgin Money Acquisition: Shaping the Future of UK Banking.
(qlmbusinessnews.com Fri 8th, 2024) London, UK — "Nationwide's Mega Deal: What the £2.9bn Virgin Money Acquisition Means for Consumers" Nationwide Building Society has sealed a[more...]
Bank of England Signals UK Recession Ebbing: Economic Outlook Brightens
(qlmbusinessnews.com Mon 26th Feb, 2024) London, UK — Bank of England Indicates UK Recession May Be Waning. Andrew Bailey, the governor of the Bank[more...]
Monzo Secures Additional £350m Investment Ahead of Anticipated Listing
(qlmbusinessnews.com Wed, 21st Feb, 2024) London, UK — "Monzo Secures £350m Investment Boost Ahead of IPO: What's Next for the Digital Bank?" UK-based digital bank[more...]
Bank of England Holds Firm: No Interest Rate Cut Amidst 4% Inflation
(qlmbusinessnews.com Thurs, 15th Feb, 2024) London, UK — Bank of England Chief: No Interest Rate Cut Amidst 4% Inflation. The Bank of England's Governor, Andrew[more...]
Fujitsu Executives Pocket £37m Amid Post Office Horizon Scandal.
(qlmbusinessnews.com Mon, 12th Feb, 2024) London, UK — "Unveiling Fujitsu's £37 Million Executive Payday Amid Post Office Scandal" In the wake of the Post Office[more...]
Bank of England Hints at Interest Rate Cut Amid Inflation Forecast.
(qlmbusinessnews.com Fri, 2nd Feb, 2024) London, UK — "Monetary Policy Shift: Bank of England Hints at Rate Cut Amid Inflation Concerns" The Bank of[more...]
Lloyds Banking Group Implements Staff Reductions Amidst Digital Banking Shift.
(qlmbusinessnews.com Fri, 26th Jan, 2024) London, UK — "Lloyds Banking Group Embraces Digital Shift: Staff Reductions Signal New Era" Lloyds Banking Group, a key[more...]