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The Week UKRBS fires warning shot to Bank of England over negative interest ratesThe Week UKIf rates are cut it could have a knock-on affect on pensions. “A cut in base rate reduces returns on cash and encourages some investors to switch money to bonds or shares, driving their prices higher and cutting yields,” says Spence. “Those whose ...NatWest warns of plan to CHARGE customers to hold savings in the bankExpress.co.ukNatwest may set NEGATIVE interest rates for accountsDaily Mailall 63 news articles »
Mortgage StrategyWhy Investors Are Too Wary of Some Brexit BlowsWall Street JournalVirgin Money is at the sharp-end of Brexit risks: a smaller, upstart bank almost entirely focused on mortgages, 18% of which are riskier buy-to-let loans. It is gaining market share and took 13% of U.K. net new mortgage lending in the first half ...Virgin Money's pre-tax profit up 53%Mortgage StrategyVirgin Money profits boom as customers splurge on credit cardsTelegraph.co.ukVirgin Money CEO: More Mortgages Paid Down Post-BrexitYahoo Finance UKFT Adviser -Financial Times -Evening Standardall 27 news articles »
Mortgage StrategyVirgin Money's pre-tax profit up 53%Mortgage StrategyVirgin's mortgage book is now 82 per cent residential mortgages and 18 per cent buy-to-let. However, Virgin Money says there is a risk the UK mortgage market could slow down. Other risks include interest rates staying low for longer and rising ...Virgin Money profits boom as customers splurge on credit cardsTelegraph.co.ukVirgin Money CEO: More Mortgages Paid Down Post-BrexitYahoo Finance UKVirgin Money mortgage book boosts first half profitsFT AdviserFinancial Times -Evening Standard -Interactive Investorall 30 news articles »
The GuardianBank of England policymaker backs stimulus as UK economy worsens – business liveThe GuardianIn sum, the US data seems to point to a possible rate rise this year, which has not been lost on the stock market. Wall Street has now lost ground, with the Dow Jones Industrial Average now down 80 points or 0.44%. Joshua Mahony, market analyst at IG ...and more »
QuartzFirst Brexit, now this: British companies could be forced to pay to put their money in the bankQuartzIn yet another sign the financial world is being turned on its head, one of the UK's biggest banks has warned customers that it may saddle them with negative interest rates. That is, depositors would be charged for putting their money in the bank ...Just when you thought it couldn't get worse... Banks plan NEGATIVE interest ratesMirror.co.ukNatwest may set NEGATIVE interest rates for accountsDaily MailNatWest, negative interest rates: Your questions answerediNewsall 50 news articles »
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