HSBC has warned it could take years to finally settle a lawsuit over the Bernard Madoff Ponzi scheme, as the bank’s profits fell 14% after it took a $1.1bn (£830m) hit on the 2009 scandal. The London-headquartered bank’s finance chief issued the warning as the provision for the case dragged on HSBC profits, offsetting a […]

Your support helps us to tell the story From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it’s investigating the financials of Elon Musk’s pro-Trump PAC or producing our latest documentary, ‘The A Word’, which shines a light on the American women fighting […]

Prince William threatened to remove Princess Eugenie and Beatrice’s titles unless they pressured their disgraced father to move out of Royal Lodge, it has been claimed. Emily Maitlis, the broadcaster who grilled Prince Andrew in the infamous Newsnight interview in 2019, told how the Prince of Wales met with the princesses to give them an […]

Three more Reform UK councillors expelled from party over ‘dishonest’ behaviour Three more members of Reform’s “flagship” council have been expelled for “dishonest and deceptive behaviour” following a leaked video meeting, PA Media reports. PA says: Reform UK took control of Kent county council (KCC) after winning 57 of the 81 seats at the local […]

Your support helps us to tell the story From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it’s investigating the financials of Elon Musk’s pro-Trump PAC or producing our latest documentary, ‘The A Word’, which shines a light on the American women fighting […]

Fawlty Towers star Prunella Scales has died aged 93 after a years-long battle with dementia. The celebrated actress was best-known for her role as the bossy Sybil Fawlty – wife of John Cleese’s Basil – in BBC comedy Fawlty Towers. Although the programme ran for just 12 episodes across two seasons, Prunella’s performance cemented her […]

Rachel Reeves will have to account for a bigger-than-expected £20bn hit to the public finances in next month’s budget, the Guardian understands, as the Treasury’s forecaster prepares to cut predictions for UK productivity. The Office for Budget Responsibility (OBR) is planning to cut its trend productivity growth prediction by 0.3 percentage points, in a move […]

Your support helps us to tell the story From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it’s investigating the financials of Elon Musk’s pro-Trump PAC or producing our latest documentary, ‘The A Word’, which shines a light on the American women fighting […]

Tourists trapped in Jamaica have been left in fear for their lives as the island braces itself for the world’s most powerful storm this year with forecasters expecting it to unleash catastrophic flooding, deadly landslides and 175mph winds. Hurricane Melissa intensified to a Category 5 – the maximum strength – on Monday and has already […]