Category Archives: Business

Windrush pensioner, 92, among overseas Natwest customers to have accounts axed

[ad_1] Sign up to our free fortnightly newsletter from The Independent’s Race Correspondent Nadine White Sign up to our free fortnightly newsletter The Race Report A 92-year-old Windrush pensioner is among “hundreds” of Natwest bank account holders living overseas to have their bank accounts axed, The Independent can reveal. Philip Cato, who lived in Britain […]

‘A lot of pain to swallow’: Interest rates not likely to fall ‘for at least a year’, economists warn

[ad_1] Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email The Bank of England has pushed rates to a new 15-year peak of 5.25 per cent as it seeks to tame stubbornly high inflation, causing further pain for mortgage-holders and businesses with […]

Stansted airport passenger numbers soar despite signs of weakness elsewhere

[ad_1] Sign up to Simon Calder’s free travel email for expert advice and money-saving discounts Get Simon Calder’s Travel email Stansted has recovered from the Covid pandemic “faster than any other London airport” according to its boss. Despite concerns from other airport figures about weakness of demand, Stansted’s managing director Gareth Powell told The Independent […]

HSBC profits: MPs criticise banks as painful interest rates hit borrowers

[ad_1] For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails MPs and activists have criticised Britain’s banks after HSBC became the latest to report surging profits as it benefited from higher interest rates squeezing borrowers. The global […]