Category : Search result: FCA banking access


Bank of America UK: Pay Rises Amid Branch Closures

Exclusive: Bank of America announces a major pay increase for its UK staff while quietly accelerating a programme of local branch closures, raising questions about the future of high street banking.

Major UK Bank: AI Could Replace Thousands of Jobs

Exclusive: A leading British bank has warned that artificial intelligence could replace thousands of jobs, signalling a major shift in the UK's financial employment landscape. Discover which roles are most vulnerable.

Lloyds blocks card over twin sister identity mix-up

A Lloyds Banking Group customer reveals how a system error mistakenly linked her identity to her twin sister, leaving her unable to access her new credit card and trapped in a bureaucratic loop for weeks.

RBA to Ban Card Surcharges, Banks Fight Back

The Reserve Bank of Australia plans to eliminate debit and credit card surcharges, facing fierce opposition from major banks who warn of unintended consequences for consumers and businesses.

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.

Reeves slams Barclays over Tube cash decision

Chancellor Rachel Reeves condemns Barclays' move to scrap cash services at London Underground ticket offices, vowing government action to protect access to physical currency for vulnerable communities.

FCA: UK Finance's Old Tech Poses 'Significant' Risk

The UK's Financial Conduct Authority has raised a major red flag, revealing that a large portion of the nation's finance sector is dangerously reliant on outdated technology, posing a severe threat to operational resilience and consumer protection.

UK Contactless Payment Limit Doubles to £200

The UK's financial regulator, the FCA, has officially confirmed a huge increase to the contactless payment limit, raising it from £100 to £200. This landmark decision promises to revolutionise how Britons pay for their shopping, offering greater speed and

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.

UK Contactless Payment Limit Could Be Scrapped

The UK is poised to scrap its £100 contactless payment limit, paving the way for unlimited 'tap and go' spending. This major financial shake-up promises faster checkouts but raises new security questions for consumers.

Contactless Payment Limit Jumps to £100 in UK

Shoppers across the UK are set for a spending revolution as the contactless payment limit is permanently increased from £45 to £100, marking the biggest change since its introduction.

30M UK Drivers Owed Billions in Car Finance Scandal

A seismic investigation by the FCA into discretionary commission arrangements could see millions of British motorists claim compensation for unfairly inflated car finance payments. Here's how to check if you're affected.

Barclays charges £100 fee for 67p overdraft

A Barclays customer was left in shock after being charged a staggering £100 fee for a minuscule 67p overdraft. Read the full story of this banking scandal and how to protect yourself from similar charges.

Autumn 2025 Bank Closures: Full List of Shutting Branches

Exclusive: Major UK banks including Barclays, Lloyds, and HSBC announce a fresh wave of branch closures for Autumn 2025, leaving communities without vital local banking services and raising concerns about financial exclusion.

Disabled girl misses school after council fails to build ramp

A five-year-old girl with cerebral palsy was forced to miss her first day at a new specialist school after Westminster Council failed to install a promised wheelchair ramp, leaving her family devastated and fighting for her right to an education.

Barclays & BoS Face Massive Fines Over Unfair Mortgages

The UK's financial watchdog, the FCA, is set to impose significant penalties on Barclays and Bank of Scotland for failing to offer existing customers the same competitive mortgage rates available to new clients, a practice affecting thousands of borrowers

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.

UK Savings Crisis: Average Easy Access Rate Plummets

Exclusive analysis reveals a growing savings gap in the UK, with high street banks offering paltry returns while the best easy-access deals deliver 25 times more interest. Discover why loyal customers are losing out.

Osborne's Robey Warshaw in shock Evercore takeover bid

Former Chancellor George Osborne's boutique investment bank, Robey Warshaw, is in advanced talks to acquire Wall Street giant Evercore in a monumental deal that would reshape the global financial advisory landscape and create a transatlantic powerhouse.

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