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The Bank of England (BoE) has announced its first major loosening of banking regulations since the 2008 financial crisis, cutting the estimated capital UK lenders must hold. Following successful stress tests, the Financial Policy Committee (FPC) lowered the benchmark for tier one capital – the

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Kier's chief financial officer Simon Kesterton is stepping down from the group at the end of the year, the firm announced today. As part of the company’s executive team, and an executive director of the Kier Group board, Simon has played a pivotal role in transforming Kier and strengthening it

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Digital bank Monzo has unveiled a new scheme to "double the salary" of ten lucky customers every month. The initiative aims to incentivise users to switch their primary salary payments to the app-based bank, as it continues to compete aggressively with traditional high-street lenders.

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