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Financial sector

Credit Suisse shares continue to fall despite efforts to calm nerves

Credit Suisse shares came under renewed pressure on Friday, despite fresh attempts by central banks and politicians to calm...

Hargreaves Lansdown hit by lawsuit on behalf of Woodford fund investors

Hargreaves Lansdown, a top British investment platform, has been hit by a multimillion-pound lawsuit over the failure of fallen...

Cliff edge looms for UK’s financial system

Britain’s financial system is approaching a cliff edge. After stepping in to calm the market chaos that followed...

More concessions needed to fix UK’s reputation in markets, Kwarteng is told

Kwasi Kwarteng has been warned that further concessions on his mini-budget will be required beyond his U-turn on the...

City watchdog asks banks how they will support mortgage borrowers

The City watchdog is asking banks how they plan to step in and support struggling mortgage borrowers, as lenders...

UK mortgage market turmoil: what does it mean for your deal?

Mortgage deals are being pulled by banks and building societies after the fall in the pound fuelled expectations of...

Biggest UK fall in real wages for 100 years looms, warns TUC

Pay rises could fall behind inflation by almost 8% later this year, marking the biggest fall in real wages...

Grant Thornton fined £1.3m for ‘serious failings’ in Sports Direct audits

Grant Thornton has been fined £1. 3m for “serious failings” in basic auditing of the sportswear retailer Sports Direct,...

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