Barclays App Outage: Customers Locked Out of Accounts
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.
Category : Banking
Wells Fargo shares plunge 9% after regulatory rejection
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.
Reform UK to Strip FCA of Banking Powers if Elected
Reform UK announces radical manifesto pledge to abolish the Financial Conduct Authority's power to regulate banks, promising a bonfire of red tape for the financial sector.
Hidden bank fees shock for Aussie debit card users
A little-known banking policy is set to deliver a rude financial shock to millions of Australians who prefer using their debit cards, as major banks quietly change how they process payments.
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New Rule Lets Banks Hide Signs of Financial Distress
A controversial new regulation permits UK banks to temporarily hide key indicators of financial instability, sparking debate between consumer protection and financial stability.
Lloyds Bank Puts 1,600 Jobs Under Review in Restructure
Exclusive: Lloyds Banking Group launches a sweeping operational review, putting 1,600 roles under consultation while simultaneously creating 830 new positions in a strategic shift towards enhanced digital services.
Lloyds warns 3000 staff: Improve performance or face sack
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.
UK Banks Offering £1,000 Free Cash to Eligible Customers
Major UK banks are offering customers thousands in free cash through government-backed savings schemes. Discover if you're eligible for up to £1,000 from Santander, Lloyds, or Nationwide.
Halifax to Shut 13 Branches in UK Shake-Up
Halifax confirms 13 more bank branches will permanently close by early 2025, dealing another blow to the UK's struggling high streets. See the full list of affected locations and dates.
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UK's Free ATM Network Collapses: 1,500 Vanish in 6 Months
Exclusive: The UK's cash machine network is collapsing at an alarming rate, with over 1,500 free-to-use ATMs vanishing in just six months. LINK, the cash access body, warns this threatens to leave vulnerable communities stranded in an increasingly cashles
Seattle Customs Seizes Massive Haul of Fake Labubu Toys
US Customs and Border Protection in Seattle intercepts over 1,800 fake 'Labubu' collectible figures, preventing a significant consumer fraud operation targeting the lucrative designer toy market.
Major Banks Sever Ties With Trump Following Court Ruling
Ex-President Donald Trump faces a severe financial blow as leading US banks, including Bank of America and Citigroup, halt business dealings following a New York court's fraud ruling, potentially crippling his corporate operations.
Bank forgives £1m debt for terminally ill cancer patient
Bank of Scotland clears £1,000,000 debt for terminally ill cancer patient Ian Pritchard after his emotional appeal went viral. Discover how this act of compassion brought relief to a family facing unimaginable hardship.
NatWest to close 26 bank branches in 2024
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.
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TSB Banking App Crashes in Major Nationwide Outage
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.
Nationwide Security Breach: Urgent Alert for Savers
Nationwide Building Society issues critical warning to thousands of savers after customer data is exposed in a third-party provider breach. Here's what you need to know and do to protect your money.
HSBC ordered to repay £50k after pensioner scam failure
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.
NatWest to Shut 55 UK Bank Branches in 2024
NatWest Group has confirmed it will shut down 55 of its high street branches across the UK in 2024, citing a major shift towards online and mobile banking. This move impacts communities from London to rural Scotland.
Reeves Forges New Pact with UK Banks to Boost Economy
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.
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Bank Launches 7.1% Easy Access Savings Account
Shawbrook Bank has launched a market-leading 7.1% easy-access savings account, offering UK savers a chance to earn top-tier interest with no strings attached.
UK Bank Shares Plunge on Budget Windfall Tax Reports
UK banking stocks suffered a dramatic sell-off following reports that Rachel Reeves is considering a new windfall tax on lenders in the upcoming autumn budget. The proposal, aimed at funding national priorities, sent shockwaves through the financial secto
Bank of England's £1bn Building Crisis: Soane's Legacy Crumbles
Exclusive investigation reveals the shocking state of disrepair at the Bank of England's iconic Threadneedle Street headquarters. Soaring costs and internal disputes threaten a landmark restoration.
ANZ Bank sacks CEO Nuno Matos in governance scandal
ANZ Bank has abruptly terminated CEO Nuno Matos following an internal investigation into cultural and governance concerns, sending shockwaves through the banking sector.
NatWest Manager Jailed for £344,000 Branch Theft
A trusted NatWest manager who brazenly stole £344,000 from his own bank vault in a meticulously planned daytime robbery has been jailed for three years and four months.
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Barclays £175 Switch Bonus: Deadline Approaching
Barclays is offering a limited-time £175 cash incentive for new customers who switch their current account, but strict terms and a looming deadline apply. Here's how to claim it.
HSBC and First Direct Hit Major Online Banking Outage
Thousands of HSBC and First Direct customers across the UK were unable to access their online and mobile banking services due to a significant technical outage, with the bank issuing an apology and working to resolve the 'ERR03' error.
HSBC Banking App Crashes, Locking Out Thousands of UK Users
Thousands of HSBC UK customers were left unable to access their money as the banking giant's app and online services suffered a major crash. Frustrated users took to social media to report issues with logins, transactions, and balance checks.
NatWest cashier stole £18k for gambling, spared jail
A NatWest cashier from Kent who stole £18,000 from customer accounts to feed a crippling gambling habit has been given a suspended sentence. Read the full court report.
Who is Lisa Cook? The Economist Reshaping US Policy
An in-depth look at the life and career of Dr Lisa Cook, the pioneering economist making history at the Federal Reserve. Discover her journey from academic excellence to shaping global economic policy.
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Trump vows to fire Fed's Lisa Cook in assault on bank independence
Former President Donald Trump escalates his attack on Federal Reserve autonomy, announcing the dismissal of Governor Lisa Cook and signalling a radical shift in US economic policy should he win the November election.
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