Finance and Economy

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Finance and Economy

Citi accidentally credits client account with $81 trillion instead of $280

Citigroup Inc. mistakenly credited a staggering $81 trillion to a customer’s account instead of the intended $280 in April last…

By Mona Porwal 4 Min Read

Inheritance rule helping more than two million people boost their state pension

More than two million pensioners in the UK are benefiting from an inheritance rule that allows them to receive additional…

By Mona Porwal 5 Min Read

Metro Bank returns to profitability after cutting 30% of workforce

Metro Bank has reported a return to profitability following a major cost-cutting overhaul, which included slashing nearly a third of…

By Mona Porwal 5 Min Read

Graduate owed nearly £50,000 in student loan overpayments, figures show

At least ten graduates are owed more than £15,000 each in student loan overpayments, with one individual overpaying by nearly…

By Anjali Yadav 6 Min Read

Average price gap between houses and flats ‘is at highest point in 30 years’

The price gap between houses and flats across the UK has widened to its highest level in three decades, according…

By Anjali Yadav 5 Min Read

Giving entrepreneurs better mortgage and pension access ‘could boost economy’

Removing barriers to mortgages and pensions for the self-employed could help boost entrepreneurship and drive economic growth, according to the…

By Anjali Yadav 6 Min Read

The AA unveils plans to offer savings accounts and personal loans

The AA has announced plans to expand its financial services, offering instant access savings accounts from the end of March,…

By Anjali Yadav 5 Min Read

Banks fined £100m after traders shared sensitive information in chat rooms

Four major banks have been fined a total of £104.46 million after traders were found to have shared sensitive information…

By Mona Porwal 5 Min Read