losses

Nationwide, HSBC and Virgin Money urged to ‘guarantee compensation for losses’ over banking app outages

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Banks and building societies must “ensure that customers affected by the current disruptions to online and mobile banking are compensated”, according to a leading consumer watchdog. Which? is urging major financial institutions to take action after customers of HSBC, Nationwide Building Society and Virgin Money were left unable to receive “pension payments” and wages due … Read more

Stock Market Today: A Recovery for Nvidia Masks Losses for Much of Wall Street

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NEW YORK (AP) — A recovery for Nvidia is helping keep U.S. indexes close to their records Tuesday. The S&P 500 rose 0.3% in afternoon trading, closing in on its all-time high set a week earlier. The recovery for Nvidia sent the Nasdaq composite up 1.1%, heading for its first gain in four days. The … Read more

British housebuilder Crest Nicholson is making losses due to problems in the real estate market

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British housebuilder Crest Nicholson has plunged into the red and cut its dividend, highlighting the problems in the British property sector. The FTSE 250 company warned for the fourth time in a year that profits would be below expectations and said it was still hurt by volatile mortgage rates and slowing demand in the housing … Read more

Tata job losses: Labor calls for post-election talks – BBC News

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Image caption, Jonathan Reynolds meets Prime Minister Vaughan Gething (left) in Port Talbot on Monday Labor has said there is a “better deal to be had” with Tata over the future of its UK operations. During a visit to Port Talbot, where thousands of jobs are at stake, shadow business minister Jonathan Reynolds called on … Read more

Job losses at Tata are starting to become real, says Port Talbot employee – BBC News

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Image caption, Tata UK posted a loss of £364 million in 2023-2024 Item information Author, Steve Duffy Role, BBC news 53 minutes ago Threatened job cuts at the Tata steelworks in Port Talbot are ‘a big blow’, an employee says. Jamie Jones, 45, who has worked at the site since he was 17, said concerns … Read more