Related topic: Finance News

The decision follows a temporary restriction on access to the lender’s banking facilities.

Jelendorf has held previous roles at Boston Consulting Group, GoCompare and Moneybox.

The announcement marks the bank’s first major acquisition since returning to private ownership.

The approval enables LHV Bank to expand its retail product offering.

Four members voted to reduce Bank Rate to 3.5%.

The new tool standardises meeting preparation by compiling key information ahead of reviews.

Industry experts now say a February Bank Rate cut is now almost entirely off the table.

The current approach to AI in financial services risks "serious harm" to consumers and the wider system, the report argues.

While the UK has avoided a technical recession, industry experts note that more muted quarterly growth is 'meagre at best'.

Women are more likely to cite issues related to communication, trust and the adviser-client relationship.