Supreme Court upholds FCA powers in landmark case
The UK Supreme Court has ruled in favour of the Financial Conduct Authority (FCA) in a high-profile case, reinforcing its regulatory powers over financial disputes.
Category : Banking
Barclays, HSBC Exit Net Zero Banking Alliance
Two of the UK's largest banks, Barclays and HSBC, have exited the Net Zero Banking Alliance, raising concerns about the future of sustainable finance commitments.
UK Banks Sever Ties with Trump After Capitol Unrest
Barclays, HSBC, and other leading UK banks have severed financial ties with Donald Trump in the wake of the US Capitol unrest. Discover the implications for Trump’s business empire.
Debit card warning after woman loses £980 in banking error
A savvy shopper shares her shocking experience after a simple debit card transaction left her £1,000 out of pocket – and how you can avoid the same fate.
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Bank of England holds interest rates at 5.25%
The Bank of England has kept interest rates unchanged at 5.25% for the seventh consecutive meeting, as inflation remains stubbornly high. Experts weigh in on what this means for mortgages, savings, and the UK economy.
Nationwide cuts mortgage rates after BoE decision
Nationwide Building Society has reduced mortgage rates following the Bank of England's decision to hold interest rates steady, offering relief to borrowers.
Trump's banking alliance may boost your finances
Former President Donald Trump's unexpected collaboration with a top banking executive may signal positive changes for consumers and the financial market. Discover what this means for your money.
Supreme Court rules against FCA in landmark case
The UK Supreme Court has overturned a decision by the Financial Conduct Authority, marking a significant legal precedent for financial regulation.
Trump meets Jamie Dimon amid Fed speculation
Donald Trump reportedly held a private meeting with JPMorgan Chase CEO Jamie Dimon, sparking rumours about potential changes at the Federal Reserve.
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Blackstone exec Wesley LePatner laid to rest
The financial world mourns as Wesley LePatner, a senior executive at Blackstone, is remembered at an emotional funeral service following his unexpected passing.
Standard Chartered CEO criticises banks dropping climate pledges
The CEO of Standard Chartered criticises financial institutions backtracking on climate pledges, urging stronger action against global warming.
Simple banking mistake costing Brits millions
Experts warn that a common banking error could be draining hundreds from UK accounts. Here's how to avoid it and protect your money.
Banks offer £175 cash to switch accounts
Major UK banks like Barclays and NatWest are luring new customers with £175 cash incentives. Find out the terms, eligibility, and whether switching is right for you.
Lloyds and Halifax hit by major online banking outage
Lloyds and Halifax customers report widespread issues with online and mobile banking services, leaving many unable to access their accounts or make payments.
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Lloyds, Halifax, Bank of Scotland Hit by Major Outage
Thousands of Lloyds, Halifax, and Bank of Scotland customers report issues with online banking and payments as a major outage disrupts services.
Lloyds, Halifax, Bank of Scotland hit by major outage
Thousands of customers across Lloyds, Halifax, and Bank of Scotland faced login issues and payment failures due to a widespread banking outage. Here’s what happened and how the banks responded.
Lloyds Bank app crashes, locking customers out
Lloyds Bank customers faced major disruptions as the mobile app went down, leaving thousands unable to access their accounts or make payments.
Lloyds Bank Closing 45 UK Branches
Lloyds Banking Group announces the closure of 45 branches, impacting customers in Yorkshire, East Midlands, and beyond. Find out if your local branch is affected.
Nationwide slashes savings rates
Nationwide has reduced interest rates on several savings accounts, leaving customers with lower returns. Experts weigh in on the impact and alternatives.
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Bank tax may fund free school meals for all primary pupils
A proposed tax on UK banks could generate £4 billion annually, potentially covering the cost of free school meals for all primary pupils in England. Experts debate the economic and social impacts of this bold policy.
DWP launches bank monitoring to fight benefit fraud
The Department for Work and Pensions (DWP) is rolling out a new bank monitoring initiative to detect and prevent fraudulent benefit claims, potentially affecting millions of accounts.
Major bank warns customers over scam surge
A leading UK bank has alerted customers about a surge in sophisticated scams, urging vigilance to protect savings and personal data.
Nationwide shakes up overdraft fees
Nationwide Building Society announces bold changes to overdraft charges, aiming to simplify fees and support customers. Find out how this could impact your finances.
Santander axes 140 UK jobs in branch shake-up
Santander announces significant job cuts across its UK branches, affecting 140 roles as part of a broader digital transformation strategy.
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Minister: No apology over Farage bank account row
A senior Cabinet minister has defended the decision to close Nigel Farage's bank account, insisting it was purely a commercial matter and not politically motivated.
Santander UK job cuts amid profit push
Santander UK reveals plans to slash jobs as part of a cost-cutting strategy to boost profits. Find out how this decision impacts employees and the banking sector.
HSBC: Bank tax hike risks UK growth
HSBC's CEO cautions that Labour's proposed increase in bank taxes could harm the UK's economic growth, sparking debate over fiscal policy.
Santander UK loses mortgage case in Spanish Supreme Court
Thousands of Santander UK customers have secured a major victory after Spain's Supreme Court ruled in their favour over unfair mortgage terms. The decision could lead to significant refunds.
HSBC to cut hundreds of jobs in Canada
HSBC reveals plans to slash hundreds of jobs in Canada as part of a broader cost-cutting strategy, raising concerns over its long-term commitment to the market.
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HSBC Canada CEO resigns amid strategic changes
HSBC Canada's CEO Dave Clark steps down as the bank navigates strategic changes and economic turbulence in Argentina, with leadership passing to Linda Seymour.
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