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Tag: Business

Uk banks hit with £100m penalty for shocking market manipulation

Four major banks face massive fines after traders were caught secretly exchanging bond market data.

Lloyds hit hard: Bank sets aside £1.2bn for car loan scandal payouts

Lloyds nearly triples its provision for car finance mis-selling to £1.2bn, slashing annual profits.

Retail disaster: Quiz shutters 23 shops as customers abandon high street

Quiz shuts down 23 UK and Ireland stores, including Maidstone’s Fremlin walk branch, after insolvency.

HSBC ditches climate goals—CEO bags £9m bonus while net zero pushed back 20 years

HSBC weakens climate targets, delays net zero by 20 years—CEO gets £9m bonus as green goals shrink.

Steel giant’s grim gamble: £1.25bn furnace rises from the ashes of 2,500 lost jobs

Port Talbot’s new electric arc furnace gets the green light, but job losses cast a long shadow.
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