Category : Banking

Bank of England Governor Warns Against Early Interest Rate Cuts Amid Inflation Concerns

BoE's Bailey warns against premature rate cuts

Andrew Bailey, Governor of the Bank of England, cautions against premature interest rate reductions, emphasising the need for sustained inflation control despite political pressures.

15/07/2025 19:19

Millions of Brits Losing Cash in 'Zombie' Savings Accounts – Are You Affected?

Millions losing cash in zombie savings accounts

Over 8.5 million UK savers are missing out on better interest rates by leaving cash in dormant 'zombie' accounts, with banks accused of profiting from customer inertia.

15/07/2025 12:05

Lloyds Bank Offers £190 Cash Boost to New Customers – Here's How to Claim

Lloyds Bank £190 cash boost: How to claim

Lloyds Bank is rolling out a generous £190 cash incentive for new customers switching to its Club Lloyds account. Discover eligibility criteria and how to apply.

15/07/2025 09:38

UK Financial Watchdog Vows to Slash Red Tape to Boost London's Global Competitiveness

FCA vows to cut red tape for London finance sector

The Financial Conduct Authority announces sweeping reforms to streamline regulations, aiming to cement London's position as a leading financial hub post-Brexit.

15/07/2025 08:43

RBA Calls for Ban on Debit and Credit Card Surcharges to Protect Consumers

RBA: Ban card payment surcharges now

The Reserve Bank of Australia (RBA) has urged the government to outlaw payment surcharges on debit and credit card transactions, arguing they unfairly burden shoppers.

15/07/2025 08:37