Rolling news coverage of markets, economics and business as purchasing managers indices show economy in decline
- British economy: Services and composite PMIs lowest since Brexit vote
- Tesla unveils futuristic pickup truck – but windows smash
- European Central Bank head calls for ‘new European policy mix’
Just after midday, the FTSE 100 has gained ground slightly. It’s now up by 1.2%, as traders take some comfort from positive rhetoric on trade from China’s Xi Jinping.
Glencore is among the biggest winners, with the commodities miner up by 3.3%. British Gas owner Centrica has also risen by 3.2%.
TSB now says the payment problems have been resolved.
Overnight some payments were delayed in and out of TSB accounts. This has now been resolved and the payments have been completed. We apologise for any inconvenience this has caused.
It’s beyond belief that customers have experienced more problems as a result of yet another IT glitch from TSB, hot on the heels of a damning report into the bank’s system failure last year.
With banks increasingly trying to move customers online, these IT glitches are still far too common across the industry, and it’s clear that people need access to cash as a back-up.