HSBC records pre-tax profit of £24bn due to high interest rates
![HSBC records pre-tax profit of £24bn due to high interest rates]()
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21 February
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It follows a turbulent few years for the company, marked by struggling finances and a legal battle with its founder. -»
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Accounts show the business owed £1.8million to creditors. -»
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Shoppers in two towns in England can expect to see new Lidl supermarkets opening this month. -»
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The move comes amid a new strategy to reverse losses seen in recent years. -»
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Shops that are due to close are currently holding clearance sales, offering discounts of up to 40% as they try to shift remaining stock. -...
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The British high street faces another major blow as nine more stores are set to close this week, the retailer has confirmed. -»
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