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.
Marks & Spencer stages a remarkable financial comeback, with profits surging 58% as its bold 'Never the Same Again' transformation strategy delivers results. Discover how food and clothing sales are driving growth.
Exclusive: Brits are being targeted by sophisticated 'safe account' scams that drain life savings instantly. Victims reveal horror stories as banks refuse refunds. Learn how to protect yourself NOW.
The Financial Conduct Authority has slapped Lloyds Banking Group with a hefty £3.9 million penalty for serious failures in its mortgage and loan support for customers in financial difficulty.
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.
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.
Exclusive: Two of Britain's leading banks, ANZ and National Australia Bank, announce significant job cuts as part of a major operational restructuring, affecting hundreds of UK banking staff.
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.
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.
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 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.
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.
In a surprising turn, John Lewis and Primark report strong sales growth, challenging the broader retail downturn and offering a glimmer of hope for the UK high street.
Barclays customers were left furious and financially stranded after a major outage in the banking app and online service blocked access to accounts and halted payments for hours.
Exclusive: Wells Fargo faces major setback as US regulators reject its resolution plan, triggering a 9% stock plunge and raising concerns over the bank's crisis management capabilities.
In a surprising turn, John Lewis and Primark report strong sales growth, challenging the broader retail downturn and offering a glimmer of hope for the UK high street.
Discount retail giant Home Bargains is set to close all its UK stores for three days in September for an extensive staff training programme, promising a revamped customer experience upon reopening.
Iconic accessories retailer Claire's is set to close several of its UK stores as part of a major Company Voluntary Arrangement (CVA) restructuring plan, impacting the British high street.
John Lewis Partnership announces major expansion plan to create 10,000 new roles in rental services, financial products, and refurbished furniture, marking significant shift in retail strategy.
Electronics retailer CEX has sparked fury after employees created a controversial window display featuring a mannequin slumped over a till, labelled 'Average Retail Worker'. The stunt has been branded 'disgusting' and 'tone-deaf' by furious customers.
Exclusive: Lloyds Banking Group has issued formal warnings to 3000 employees, stating they face dismissal unless performance improves significantly, in one of the UK's largest workforce restructuring moves.
Christine Woodson faces multiple felony charges after police allege she orchestrated a brazen scheme to steal high-value Slushi Ninja machines from Target stores across Virginia in a sophisticated retail crime operation.
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.
TSB's mobile banking app and online services have been hit by a major outage, leaving frustrated customers unable to access their money. The high street bank is investigating the technical meltdown.
A veteran supermarket security guard reveals the sophisticated and brazen methods used by organised criminal gangs to plague UK retailers, costing millions and creating a climate of fear for staff and shoppers.
Discount giants Lidl and Aldi face government pressure to release undeveloped land, as new rules target 'land banking' practices holding back UK housing and retail development.
A retired NHS nurse from London lost her entire life savings in an authorised push payment scam. The Financial Ombudsman Service has now ruled HSBC must refund Katrina Harrison £50,000 after the bank's security systems failed to prevent the fraud.
Chancellor Rachel Reeves hosts landmark meeting with UK banking chiefs, unveiling a new 'shared commitment' to boost competitiveness and economic growth. Exclusive details on the new Mansion House reforms.
Another beloved high street name announces a wave of closures across England and Wales, impacting jobs and local communities. Get the full list of affected locations and the reasons behind the decision.
ANZ Bank has abruptly terminated CEO Nuno Matos following an internal investigation into cultural and governance concerns, sending shockwaves through the banking sector.