Wind turbine maker in talks over government guarantees, as eurozone central bank meets to set interest rates‘Every night is sleepless’: the people falling behind on mortgage repaymentsEx-NatWest chief breached Nigel Farage’s privacy, watchdog rulesBack in the City, shares in Standard Chartered bank have tumbled over 11% after it missed profit expectations and took a hit on its exposure to China.Standard Chartered, the Asia Pacific-focused bank, reported that pretax profits more than halved in the last quarter to $633m, down from $1.391bn in Q3 2022.“We have continued to make strong progress in the third quarter against the five strategic actions outlined last year, delivering a solid set of results.Wealth Management has continued its recovery with double digit income growth and the Financial Markets performance has been resilient against a strong comparator period.Real GDP per capita is now almost 10% above its pre-pandemic level – a much stronger performance than the euro area as a whole. The unemployment rate has also declined steeply, and was 10.9% in August, the lowest level since the end of 2009.And with a stronger economy, the country has been able to work further through its debt challenge. Greece’s public debt-to-GDP ratio has dropped 35 percentage points from its peak of 206% in 2020, one of the fastest falls in the world. Continue reading...