Baroness Vadera-led Santander bank sees no scope for growth in UK

As Brexit continues to dampen growth prospects for international lenders, Spanish banking giant Santander has begun to divert spare capital away from its British operations

UK employers defy approach of Brexit with hiring spree

Official data showed that British employers ramped up their hiring at the fastest pace since 2015 in the three months to January as the labour market defied broader Brexit weakness in the overall economy

This month sees the first anniversary of Open Banking, a set of reforms aimed at increasing competition in the UK’s banking sector and providing more choice for consumers. 

UK shares jumped to their highest in almost a month on Tuesday amid hopes of a US-China trade deal and as supermarket chain Tesco led a revival in retailers after upbeat sales data that helped offset Morrisons’ disappointing holiday update.

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