UK banks to pay massive fines for rigging foreign exchange market
First it was Libor. Now Britain’s biggest banks are poised to disclose massive fines for their role in the manipulation of the global foreign exchange market, or Forex.
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The number of people using food banks has reached a record one million, despite signs that the economy is improving, new figures reveal.
A Palestinian man claims to have been “tricked” into selling a valuable Banksy painting, daubed on the door to his ruined home, for just 700 Israeli shekels (£120).
Did David Cameron dodge questions on food banks and zero hours contracts during last night’s interview with Jeremy Paxman?
American rapper, Azealia Banks, tells Channel 4 News she would consider running for office as she speaks about the release of her new album Broke with Expensive Taste.
As a cross-party group of MPs blames benefit delays for a huge rise in the use of food banks, Channel 4 News visits one south London food bank to speak to people there.
Working families are being forced to turn to food banks to make ends meet, the Archbishop of Canterbury says ahead of the publication of a government report. But where is your nearest bank?
First it was Libor. Now Britain’s biggest banks are poised to disclose massive fines for their role in the manipulation of the global foreign exchange market, or Forex.
As new Trussell Trust figures show that food banks fed almost 1m people last year, Epsom and Ewell food bank manager Jonathan Lees writes from the front line.
In the City they are hot property. Cocos (contingent convertible capital) are meant to protect taxpayers. So why the nickname “death spiral securities”? CNBC UK Business Editor Helia Ebrahimi reports.
Food banks are “consistently” seeing an increase in demand, a Defra-commissioned report concludes – but what are they and are benefits cuts to blame for their proliferation?
Labour leader Ed Miliband says there should be limits on the size of the big five high street banks, with the creation of two new lenders and the forced sale of branches to create more competition.
Labour leader Ed Miliband promises to force banks to give up branches in order to make way for new competitors if Labour wins the next general election.
Eight banks, including RBS, are fined a record 1.7bn euros for colluding to rig interest rates, but Barclays escapes punishment after blowing the whistle on the practice.
British graffiti artist Banksy has reworked an oil painting he bought from a charity outlet in New York for just $50, before returning it shop, where it fetched $615,000.
A charity that sets up food banks says it’s “scandalous” that 350,000 people have used them in the last six months. But the government says the rise is due to more food banks, not greater need.