Business

Business

HSBC’s £2.4bn China losses a fiscal ‘black hole’ – here’s what it could mean for Britons | Personal Finance | Finance

HSBC’s China losses have been branded a ‘black hole’ (Image: Getty) HSBC’s troubles in China – which have seen it suffer a £2.4billion dollar hit – risk the UK-based bank being sucked into a “black hole” with clear implications for Britain, a tax consultant has warned. HSBC last month said …

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SmartSave raises interest rate to ‘excellent’ 5.26% on market-leading account | Personal Finance | Finance

Smartsave has increased the interest on its fixed-rate savings account to a market-leading 5.26 percent, earning an “excellent” Moneyfacts rating. The account is aimed at savers with more sizeable sums to invest as it requires a minimum deposit of £10,000 to open. However, savers can expect to see larger returns. To …

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