A new rule from March 19, 2026, will remove the £100 contactless payment ceiling in the UK, allowing banks to set higher limits. Research shows less than half of banks let customers set their own limits.
Martin Lewis highlights Nationwide FlexPlus as a top bank account for older customers, offering travel insurance and breakdown cover with no age limits, plus a £175 switching bonus.
Over 6.5 million UK current accounts with balances exceeding £10,000 are earning zero interest, putting £230 billion at risk of losing real value to inflation, according to new analysis.
Halifax enforces a £2,995 limit on cash deposits at self-service ATMs, with higher thresholds for cheques and counter transactions. Learn how to navigate these rules and protect your finances.
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Court approval granted for Nationwide's acquisition of Virgin Money, with millions of customers set to transition by April 2026. No immediate changes to banking services, but rebranding will occur over four to six years.
Santander's new strategic plan for 2026-2028 aims to generate over €1 billion annually from AI and data initiatives while expanding its customer base to 210 million globally.
HSBC has achieved its £1.1 billion annual cost savings target six months ahead of schedule, primarily by reducing senior management roles by 15%, while increasing staff bonuses by 10%.
Nationwide Building Society explains how some members have received £300 in Fairer Share Payments since 2023, with further bonuses anticipated later in 2026 based on financial performance.
HSBC has achieved $1.2 billion in cost savings by cutting senior management roles, reaching its £1.1 billion target six months early while increasing staff bonuses by 10% to $3.9 billion.
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Eligible customers at Lloyds, Barclays, and Santander could receive free payments of up to £500 for switching current accounts, with additional perks like cashback and subscriptions.
HSBC has achieved its £1.1 billion annual cost savings target six months ahead of schedule, driven by a 15% reduction in managing director roles and a 10% increase in staff bonuses, despite a 7% drop in pre-tax profit.
HSBC's pre-tax profit fell 7% to $29.9bn last year, but beat forecasts as CEO Georges Elhedery signals the bank's restructuring is almost complete, with a focus on agility and higher profitability targets.
HSBC's annual results show pre-tax profits fell to £22.1 billion in 2025, a £1.8 billion decrease, with legal provisions and portfolio sales cited as key factors.
Commonwealth Bank has eliminated approximately 300 positions in Australia despite posting $5 billion in profits, while simultaneously increasing its workforce in India by 21%.
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National Savings and Investments reduces Premium Bonds prize rate to 3.3% and lengthens odds to 23,000:1, cutting higher-value prizes. Experts advise comparing with tax-free ISAs.
Topo Chico mineral water will be temporarily unavailable in the US for months as Coca-Cola upgrades production facilities and water sources in Mexico, with a return expected around July.
A top Vinted seller reveals three highly sought-after items to list in March for maximum profit, including seasonal decor and layering pieces beyond just clothing.
Lloyds Bank has detailed its security protocols for temporarily blocking payments and addressed customer complaints over fees, offering guidance on resolution channels.
Lloyds Bank launches new switching incentives offering up to £500 cash plus cashback on savings and investments, intensifying competition among UK banks.
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Santander warns customers about money mule scams targeting young adults, with 31% of cases involving 18-24 year olds. The bank highlights severe consequences including criminal records.
Standard Chartered reports a $7 billion pre-tax profit for 2025, driven by a 24% surge in wealth income and 15% growth in global banking. CEO Bill Winters' pay rises to £12.7 million amid geopolitical trade shifts.
Lloyds Bank has responded to customer concerns over fees, detailing how charges vary by account type and usage, including regular monthly fees and transaction costs.
Lloyds Banking Group has removed cheque deposit services at Post Offices for its 28 million customers, amid ongoing branch closures and a shift to digital banking alternatives.
Analysis reveals Commonwealth Bank's 0.7% fixed-rate increase for owner-occupier loans suggests expectations of three RBA hikes, contradicting its official forecast of just one rise in May.
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Lloyds Bank explains how customers can earn up to £250 per year through its referral scheme, with steps to claim £50 bonuses and resolve payment issues.
Money Saving Expert reveals that many Brits may have been mis-sold packaged bank accounts, potentially entitling them to thousands in refunds. Learn how to check eligibility and claim back fees plus interest.
JPMorgan Chase has acknowledged for the first time that it closed Donald Trump's bank accounts following the January 6 Capitol attack, as revealed in a court filing for his $5 billion lawsuit alleging political debanking.
JPMorgan Chase has acknowledged for the first time that it closed Donald Trump's bank accounts following the January 6 Capitol attack, as revealed in a $5 billion lawsuit filed by the former president.
German Doner Kebab is deploying robotic kebab-shavers, self-service screens, and loyalty apps to tackle labour costs and attract Gen Z diners amid a challenging high street environment.
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High street banks like HSBC, Barclays, and Santander are providing cash incentives of up to £400 for customers who switch accounts, with eligibility criteria including minimum deposits and Direct Debit requirements.
