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Debanking saga spills into US as customers fume over closure of bank accounts
Bank customers in the US have been left angry after their accounts were suddenly closed in the latest round of debanking across the US. Many Americans who have been the victim of debanking say they receive "vague" responses from their banks over the closures. Banks are said to blame an "account agreement" which means they can close an "account for ...
More homeowners falling behind on mortgage payments at Nationwide
Nationwide has cast doubt over whether interest rates will start falling next year amid growing optimism the Bank of England could start lowering borrowing costs within months. Chris Rhodes, Nationwide’s finance chief, said investors had been “overly positive” about recent economic news amid growing bets on rate cuts by the middle of next year. Mor...