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Sky News
High street bank to offer five-year mortgage deal below 4% – as more lenders set to slash rates
HSBC has become the latest lender to cut mortgage rates amid predictions that more banks and building societies will follow suit in the coming weeks.The high street bank said its new deals will be introduced on Thursday. They will include a two-year fixed remortgage rate of 4.49% and a five-year deal of 3.94%. First Direct, …
Business
Sky News
Global oil costs volatile as Red Sea shipping attack weighs
Two of the world’s largest container ship operators have extended diversions from the Red Sea following an attack on a vessel at the weekend that has been blamed for a renewed oil price volatility.Maersk had suspended, on Sunday, sailings near or via the Suez Canal after one of its giant carriers, the Maersk Hangzou, was …
Business
Sky News
Oil prices volatile after latest attack on shipping container in the Red Sea
Two of the world’s largest container ship operators have extended diversions from the Red Sea following an attack on a vessel at the weekend that has been blamed for renewed oil price volatility.On Sunday, Maersk suspended sailings near or via the Suez Canal after one of its giant carriers, the Maersk Hangzou, was targeted by …
Business
Euro News
European stocks hit a 23-month peak to start the new year
Business
Euro News
Chinese and German manufacturing sectors boosted by new orders, UK lags
Business
Sky News
HSBC joins ranks of suitors for Tesco banking arm
HSBC has joined a host of rival high street lenders vying to snap up Tesco Bank as its owner mounts a fresh attempt to offload the business.Sky News understands that HSBC has submitted an indicative offer for Tesco Bank, which has about five million customers and employs more than 3,500 people. It was unclear on …
Business
Sky News
Aldi and Lidl report ‘best ever’ Christmas sales
Discount supermarket chains Aldi and Lidl have said Christmas 2023 was their “best ever” in the UK.Aldi said sales were more than £1.5bn in the four weeks to 24 December. The company, which has 1,010 stores across the country, said the figure represented a rise of 8% year-on-year and was its “best ever” for the …
Business
Sky News
UK manufacturing sector shrinks for 17th month in a row
The slump in the UK’s manufacturing industry continued last month with output, new orders and employment all falling, according to a closely-watched survey.Business optimism in the sector also slid to a 12-month low in December, amid client closures and high interest rates, S&P Global/CIPS UK found. The firms’ reported that their manufacturing purchasing managers index …
Business
Evening Standard
Number of independent vape shops across UK jumps again
Business
Business Live
South West business leaders recognised in New Year’s Honours List 2024
Glastonbury festival founder Michael Eavis and Wetherspoon’s founder and chairman Tim Martin are among the famous names recognised in the new year honours list, while the archbishop of Canterbury, Justin Welby, leads those rewarded for their work on the coronation of King Charles III. The prominent South West business men were awarded knighthoods in the …
Business
Sky News
First-time buyers fall to ‘lowest level in a decade’
The number of new first-time buyers with a mortgage fell last year to the UK’s lowest level in a decade, according to a new report.Yorkshire Building Society said around 290,000 first-time property owners entered the mortgage market in 2023 – a decline of more than a fifth on 2022’s total of 370,287. It comes after …
Business
Euro News
Anti-tax avoidance campaign delivered, just not in court

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