Category : Search result: Bank of England


Airlines Ban Passengers for Using Power Banks Onboard

Major UK airlines are enforcing strict new bans on passengers caught using power banks during flights, citing critical fire risks. Discover the safety rules you must follow to avoid being barred from future travel.

162 UK Bank Branches to Close in 2024: Full List

Major banks including Barclays, HSBC, Lloyds, and NatWest have announced a sweeping wave of 162 branch closures across the UK in 2024, accelerating the decline of the British high street. Discover if your local branch is on the list.

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.

Lloyds Bank Launches £200 Cash Switch Offer

Exclusive: Lloyds Bank launches a limited-time £200 cash incentive for new customers switching to a Club Lloyds, Silver, or Platinum account. Discover the eligibility criteria and how to apply before the offer ends.

Lloyds Bank £175 Free Cash Giveaway

Lloyds Bank is offering a massive £175 cash incentive for new customers who switch their current account. Discover the simple steps to claim your free money and the terms you need to know.

Aldi UK Stores Closed for May Bank Holiday

Shoppers planning a trip to Aldi this Early May Bank Holiday are urged to take note. The discount supermarket giant has confirmed revised opening times for all its UK stores on Monday, 6th May.

Tuchel's Secret Behind England's World Cup Rampage

England manager Thomas Tuchel reveals the ingenious psychological and tactical secret behind the Three Lions' dominant World Cup thrashing of Serbia. Discover the change that transformed the team's performance.

Lloyds Bank to Close 45 Branches in 2025

Lloyds Banking Group announces the closure of 45 Lloyds and Halifax branches across England and Wales in 2025, citing a dramatic shift to digital banking. Discover if your local branch is affected.

Lloyds Bank Puts 1,600 Jobs Under Review in Restructure

Exclusive: Lloyds Banking Group launches a sweeping operational review, putting 1,600 roles under consultation while simultaneously creating 830 new positions in a strategic shift towards enhanced digital services.

Halifax to Shut 13 Branches in UK Shake-Up

Halifax confirms 13 more bank branches will permanently close by early 2025, dealing another blow to the UK's struggling high streets. See the full list of affected locations and dates.

NatWest to close 26 bank branches in 2024

High street giant NatWest Group announces another wave of closures, shutting 26 branches across England, Scotland, and Wales in 2024, citing a dramatic shift to online banking.

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

Think Tank Demands Urgent Reform of Bank of England

A major economic think tank, IPPR, has launched a scathing report demanding a radical overhaul of the Bank of England's mandate. The proposed reforms aim to prioritise economic growth, green investment, and regional equality, challenging the Bank's curren

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.

UK Inflation Soars, Energy Price Cap Rocketing

Exclusive: New economic forecasts predict a severe cost-of-living squeeze for UK households, with inflation surging and energy prices set to skyrocket. The government faces mounting pressure to act as a winter crisis looms.

Martin Lewis' urgent warning for mortgage holders

Money Saving Expert Martin Lewis issues a critical warning to homeowners and loan holders, advising them to check their finances now ahead of a major Bank of England decision that could save or cost them thousands.

Bank robber foiled by his own illegible note

A would-be robber's attempt to hold up a Halifax branch was comically thwarted after the cashier couldn't read his scribbled demand note. The bungling criminal, Anthony Denning, is now behind bars after the farcical incident in Southport.

UK Retail Sales Crash Amid Soaring Inflation

New data reveals a sharp decline in UK retail sales, with like-for-like growth turning negative. Soaring food inflation and the cost-of-living crisis are forcing consumers to cut back severely on non-essential spending.

Lloyds Slashes Free Overdraft Buffer to £50

Lloyds Banking Group is dramatically reducing its interest-free overdraft buffer from £300 to just £50 for millions of customers from November, a move experts warn will hit struggling households hardest.

Bailey: UK Unemployment Must Rise to Curb Inflation

Bank of England Governor Andrew Bailey declares that UK unemployment must increase to tackle persistent inflation, signalling continued economic pain for households amidst a cooling labour market.

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

Plan your essential shopping this Late May Bank Holiday. Our complete guide details the revised opening times for all major UK supermarkets, including Tesco, Asda, Lidl, and Sainsbury's, to help you avoid a wasted trip.

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