Search results for ‘santander’
31 items found
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Markets react to Spanish bank concerns
The FTSE 100 index opens 44 points down after Moody’s cuts the credit ratings of 16 Spanish lenders, including the UK arm of Banco Santander.
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Commissioners at odds over planning for Greek euro exit
Amid fears that Greece may be on the verge of leaving the euro, a senior EU commissioner tells Channel 4 News that there are no preparations for an exit.
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Clydesdale and Yorkshire banks axe 1,400 jobs
The Clydesdale and Yorkshire banks are to cut more than 1,400 jobs in the UK by 2015 because of the “deterioration in the economic and operating conditions”.
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Firms sending call centres abroad are ‘mad’ says minister
Firms which send customer service work overseas are ‘mad’, Employment Minister Chris Grayling will say.
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NewBuy homes – should you buy one?
As the government launches a new programme for people who cannot raise the big deposits many mortgage lenders expect, Channel 4 News takes a close look at the NewBuy scheme.
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Britain will avoid recession – CBI
The CBI employers’ body says Britain will avoid recession but other forecasters are less opimistic, with one economist telling Channel 4 News that “the economy is going nowhere”.
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Falling credit ratings at UK financial firms
Credit agency Moody’s downgrades the rating of 12 UK institutions, including Lloyds and RBS. Meanwhile the sovereign ratings of Italy and Spain slide downwards as the eurozone crisis deepens.
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Four eurozone countries ban short-selling
France, Italy, Spain and Belgium impose a ban on short-selling financial stocks in a bid to restore confidence to the markets.
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Lloyds axe 15,000 jobs in plan to save £1.5bn
Lloyds Banking Group will cut 15,000 more jobs by 2014 as part of new Chief Executive Antonio Horta-Osorio’s strategic review.
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Spain’s protesters vow to continue demonstrating
On the sixth day of demonstrations against unemployment in Spain, protesters in Madrid and Barcelona tell Channel 4 News they will continue to protest despite a mooted ban.
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Police defend tactics after Trafalgar Square violence
Police have defended their tactics after violence broke out in Trafalgar Square following the spending cuts demonstration. More than 200 people were arrested and dozens injured.
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Banks deal set out to boost lending and control bonuses
The Government has outlined the Project Merlin deal on bonuses and lending for the UK’s biggest banks. But will it work? Businesses and economists tell Channel 4 News they are unsure.
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‘Project Merlin’ bank lending deal to be announced
The deal between the Government and the UK’s biggest banks on lending and bonuses, dubbed ‘Project Merlin’, could be announced today, sources close to the deal tell Channel 4 News.
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Irish banking crisis: what now for Portugal and Spain?
As the details of the EU/IMF deal to rescue Ireland’s economy are finalised, what could be the impact on other countries potentially at risk of financial breakdown?
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Lloyds tops list as bank complaints rise
More than a million customers have complained to their bank or building society this year, a rise of 5 per cent on 2009. Channel 4 News samples the most common complaints.