Cash Crisis: 53% of UK's Free ATMs Vanish Since 2018
Exclusive investigation reveals Britain's alarming cash access crisis as free ATMs disappear and bank branches shut down, hitting vulnerable communities hardest. Regulatory action demanded.
Category : Search result: Bank of England financial stability
ANZ Bank fined record £240m for charging deceased customers
ANZ Bank has been hit with a monumental £240 million penalty for a litany of serious failures, including charging fees to deceased customers. The Federal Court condemns the bank's 'widespread' and 'systemic' misconduct.
Bank of England pressured to slow bond sales amid record borrowing
Leading economists and financial experts urge the Bank of England to reconsider its quantitative tightening strategy amid soaring government debt costs, warning current pace could destabilise markets.
Sainsbury's Sells Bank to China's Ping An in Strategic Shift
Supermarket giant Sainsbury's is in exclusive negotiations to sell its lucrative banking division to Shenzhen-based Ping An Insurance Group, marking a major strategic shift and a significant Chinese investment into the UK's retail banking sector.
UK's Cash Crisis: Half the Population Abandons Physical Money
New data reveals a dramatic decline in cash usage across Britain, with half the population now carrying physical money less than once a month. Explore the drivers and implications of this financial revolution.
New Rule Lets Banks Hide Signs of Financial Distress
A controversial new regulation permits UK banks to temporarily hide key indicators of financial instability, sparking debate between consumer protection and financial stability.
BOE Governor: Trump Threat to Federal Reserve Independence
Bank of England Governor Andrew Bailey expresses grave concerns about Donald Trump's potential influence on the US Federal Reserve's independence, warning of significant global economic implications.
UK Financial Crisis: Reeves Faces Soaring Borrowing Costs
Chancellor Rachel Reeves confronts a mounting financial crisis as UK borrowing costs hit Budget-day highs, sparking fears of a mortgage meltdown and economic instability.
Why Britain Isn't Ready to Ditch Cash
As the UK races towards a cashless future, a growing movement of consumers, experts, and activists are pushing back. Discover the compelling financial, psychological, and societal reasons why cold, hard cash isn't ready for the history books just yet.
Pound Crashes to Record Low After Truss's Mini-Budget
The UK faces a severe economic crisis as the pound sterling crashes to a historic low against the dollar following Chancellor Kwasi Kwarteng's mini-budget, triggering emergency warnings from the Bank of England and soaring mortgage costs for millions.
FCA Warning: Banks Failing Savers on Interest Rates
Exclusive: The Financial Conduct Authority has uncovered a major failure by UK banks to pass on interest rate rises to savers, disproportionately harming vulnerable and older customers. Discover the findings and what it means for your money.
UK's Cash Exodus: The Rapid Rise of the Cashless Society
Exclusive research reveals the UK's rapid shift towards a cashless society, uncovering the regions and demographics leading the charge and those at risk of being left behind.
UK's Free ATM Network Collapses: 1,500 Vanish in 6 Months
Exclusive: The UK's cash machine network is collapsing at an alarming rate, with over 1,500 free-to-use ATMs vanishing in just six months. LINK, the cash access body, warns this threatens to leave vulnerable communities stranded in an increasingly cashles
UK Gilt Yields Hit 27-Year High in Market Meltdown
UK financial markets face a severe stress test as long-term government borrowing costs surge to levels not seen since 1998. The gilt sell-off, driven by stubborn inflation data and hawkish central bank fears, triggers a flight to safety, sending gold and
Pound Sterling Plummets as UK Faces Mounting Economic Crisis
The British Pound faces its steepest decline since the Brexit referendum, sparking fears of a cost-of-living crisis and urgent calls for government intervention from leading economists.
UK Bank Shares Plunge on Budget Windfall Tax Reports
UK banking stocks suffered a dramatic sell-off following reports that Rachel Reeves is considering a new windfall tax on lenders in the upcoming autumn budget. The proposal, aimed at funding national priorities, sent shockwaves through the financial secto
Bank of England Losses to Cost Taxpayers £200bn
A new report reveals the staggering cost of the Bank of England's quantitative easing programme, with taxpayers facing a bill of up to £200 billion, intensifying calls for a windfall tax on banks.
58-Day Bank Holiday Drought Until Next Day Off
Brits face a mammoth 58-day wait for the next Bank Holiday after the late May break. Discover the exact date and how to plan for the long stretch.
FCA Investigates Aberdeen Over Dubai Operations Compliance
The UK's Financial Conduct Authority launches an investigation into Aberdeen's Dubai operations, raising serious questions about oversight in the emirate's burgeoning financial district and compliance with international standards.
UK Bank Holidays 2025: Your Complete Guide
Plan your year ahead! Here is the full, confirmed list of 2025 bank holidays for England, Wales, Scotland, and Northern Ireland, including key dates for your diary.
Bank Holiday Supermarket Opening Hours Guide
Your complete guide to supermarket opening times this Late May Bank Holiday Monday. Plan your shopping at Tesco, Asda, Lidl, Aldi, Sainsbury's, Morrisons, and M&S.
Bank Holiday Travel Warning: Avoid These 3 Mistakes
Expert reveals the three common bank holiday travel blunders that could leave you stranded and out of pocket. Discover how to avoid the traffic nightmare and save your long weekend.
UK Bank Holiday Weather: Sun & Showers Forecast
Get the latest Met Office forecast for the Late May Bank Holiday weekend. Discover which UK counties will bask in sunshine and which should keep an umbrella handy.
Bank Holiday DWP Payment Warning for Universal Credit Claimants
Millions of Universal Credit and benefit claimants across the UK are being alerted to crucial changes in payment dates due to the upcoming August Bank Holiday. The Department for Work and Pensions has issued guidance to ensure recipients avoid financial d
Bank Holiday Supermarket Hours: Tesco, Asda, Lidl Guide
Don't get caught out this May bank holiday! Our complete guide to supermarket opening times for Tesco, Asda, Lidl, Aldi, Morrisons, Sainsbury's and M&S across the UK.
Bank Holiday Travel Chaos: Gridlock and Rail Strikes Hit UK
Britain faces a perfect storm of transport misery this August Bank Holiday weekend. Millions of travellers are hit by severe delays on major motorways like the M25 and M5, compounded by fresh rail strikes, setting the stage for one of the most disruptive
Bank Holiday Car Insurance Warning: Avoid £300 Fines
UK drivers are being warned that common Bank Holiday mistakes could invalidate their car insurance, leading to massive fines and unprotected vehicles. Experts reveal the costly errors to avoid.
Lloyds Manager Jailed for £2.4m Elderly Fraud
A former Lloyds Bank manager from Derby has been sentenced to prison after orchestrating a sophisticated fraud, stealing £2.4 million from elderly and vulnerable customers over a seven-year period.
Xi Jinping Makes Rare Official Visit to Tibet
Chinese President Xi Jinping makes a rare official visit to Tibet, emphasising stability, ethnic unity, and ambitious development plans for the strategic Himalayan region.
August Bank Holiday 2025: Full Opening Hours Guide
Your complete guide to August Bank Holiday 2025 trading hours. Find out when major supermarkets like Tesco, Asda, and Sainsbury's will be open, plus pub hours and which shops will be trading.
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