Category : Banking


UK Banks Offer £730 for Switching Accounts

Three major UK banks are offering cash incentives totalling up to £730 for customers who switch their current accounts. Find out the eligibility criteria and deadlines.

BoE's Greene: Strong Pay Growth May Limit Rate Cuts

Bank of England policymaker Megan Greene warns robust UK wage growth and potential US Federal Reserve rate cuts could restrict the MPC's ability to lower borrowing costs this year, as inflation concerns persist.

Lloyds Expects Profit Rise Despite Motor Finance Hit

Lloyds Banking Group is forecast to report a 7% increase in annual pre-tax profits to £6.38 billion, despite substantial motor finance compensation charges, with analysts highlighting underlying strength.

Expert Mortgage Strategies for 2026 Market

Mortgage experts reveal seven crucial strategies for securing the best mortgage deal in 2026, including fee considerations, flexibility checks, and timing advice amid falling rates.

UK Savers Urged to Act Fast for 4.5% Deals

Despite recent interest rate cuts, UK savers can still secure competitive deals, including easy-access accounts at 4.5% and fixed-rate bonds over 4.3%, but must move quickly.

Dimon Slams Trump Credit Card Cap as 'Economic Disaster'

JPMorgan Chase CEO Jamie Dimon has issued a stark warning against President Donald Trump's proposal to cap credit card interest rates at 10%, predicting it would strip credit access from 80% of Americans and harm the wider economy.

Nationwide Cuts Rates on 36 Savings Accounts

Nationwide Building Society confirms sweeping interest rate reductions across 37 savings products, effective from February 10, following the Bank of England's base rate cut.

Nationwide's Travel Money Warning for 16 Million

Nationwide Building Society issues vital guidance to its 16 million UK customers on avoiding unnecessary fees when using cards abroad, highlighting the importance of paying in local currency.

Lloyds Bank Shuts 5 Branches This Week

Lloyds Bank is closing five more branches this week as part of a wider 71-branch retreat. Find out if your local branch is affected and what alternatives are available.

UK Finance Unprepared for AI Shocks, MPs Warn

A powerful committee of MPs warns the UK's financial system is not ready for AI-driven crises, citing risks to consumers and market stability. Urgent regulatory action is demanded.

Expert Answers Brits' Anxious Money Questions

A Virgin Money expert addresses the nation's most common financial concerns as a poll reveals January is the most stressful month for money, causing lost sleep and anxiety for millions. Get advice and support.

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