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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Financial Services

FIVE at FIVE: Santander pulls mortgages; Rolls-Royce Eurofighter; Binance Coinbase withdrawals; Sunak hails AI; FTSE 100 up

Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news

1. Santander pulls mortgage deals with rates set to rise

The Spanish bank said it would remove all new business rates at 7.30pm tonight, with a new range launched on Wednesday.

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2. Rolls-Royce poised for new Eurofighter engine contract

Rolls-Royce will service engines used to power the jets under the six-year, £500mln deal with the Ministry of Defence.

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3. Binance and Coinbase see US$4bn of withdrawals

Despite regulatory difficulties, the exchanges were able to process the mass withdrawals promptly with no delays reported so far.

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4. Rishi Sunak claims AI could surpass industrial revolution

The PM said the technology will be useful across the economy, with “every job essentially having AI as the co-pilot”.

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5. FTSE 100 shakes off commodity price weakness at the close

The UK's blue-chip index was modestly higher by the close, up 8 points to finish at 7,571 for a 0.1% gain.

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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK