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Lenders 'underestimate' risks of consumer debt, says Bank of England

2017-09-25 11:29:00| BBC News | Business | UK Edition

UK banks could lose 20% of all consumer loans in a severe economic downturn, the Bank of England says.

Tags: bank england consumer debt

 

Co-op Group sells remaining stake in Co-op Bank

2017-09-21 10:18:06| BBC News | Business | UK Edition

The Co-operative Group has sold is remaining 1% stake in Co-op Bank for 5m.

Tags: group bank remaining sells

 
 

Co-op Group sells final stake in Co-op Bank

2017-09-21 09:47:00| BBC News | Business | UK Edition

The retail and services group has offloaded the final 1% stake it held in the troubled Co-op Bank.

Tags: group final bank sells

 

Lehman Brothers: Failed bank or malt whisky?

2017-09-15 13:54:54| BBC News | Business | UK Edition

The Lehman Brothers brand is back, but this time on a whisky bottle.

Tags: bank failed brothers whisky

 

Interest rates could rise within months, says Bank official

2017-09-15 10:57:12| BBC News | Business | UK Edition

A member of the Bank of England's interest-rate setting panel says "moment is approaching" for a rise.

Tags: months interest rates official

 

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