Business

The bank said it believes the initiative will contribute to providing a ‘more inclusive experience’ for staff and customers.

Payouts are due on about 12.1 million mis-sold deals from various lenders at an average of £829 each, the Financial Conduct Authority said.

Bank officials also found that the conflict in the Middle East has ‘eroded’ confidence that the economy will improve.

Oxford Economics chief UK economist Andrew Goodwin said: “We expect the MPC to keep bank rate unchanged at 3.75%, with most committee members seemingly keen to hold policy at its…

It comes as Meta said it plans to cut around 10% of its global workforce.

The Office for National Statistics said the total volume of retail sales, which measures the quantity bought, rose by 0.7% in March.

For the week, the FTSE 100 fell 2.7%, the FTSE 250 also declined 2.7% and the AIM All-Share dipped 1.7%.

Michael Hewson at MCH Market Insights said: “It’s important not to have too high an expectation in what will be Meg O’Neill’s first earnings announcement as chief executive, but it…

The Financial Conduct Authority is among 17 regulators worldwide to have taken part in a week of action.

GfK’s long-running consumer confidence index fell four points to minus 25 in April.