NatWest Error Nearly Costs Homebuyer Their New Home
A homebuyer in Northern Ireland faced losing their new home after NatWest blocked access to £260,000 funds due to security checks and a sort code error, causing delays and frustration.
Category : Banking
Close Brothers on £7.5bn Car Finance Compensation Scheme
Lender Close Brothers is evaluating the implications of the FCA's £7.5 billion compensation scheme for unfair car loans, which will provide average payouts of £830 to 12.1 million motorists by end of 2026.
Millions Get £829 Average in Car Loan Payout Scheme
The Financial Conduct Authority unveils final plans for its motor finance redress scheme, with 12.1 million unfair deals eligible for compensation averaging £829 each, totaling £7.5 billion.
Millions Get £829 Average Payout in Car Loan Scheme
The Financial Conduct Authority has finalised its redress scheme, with 12.1 million unfair motor finance deals eligible for compensation averaging £829 each, totalling £7.5 billion.
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FCA's £7.5bn Car Finance Compensation Scheme Explained
The Financial Conduct Authority has confirmed a £7.5 billion compensation scheme for Britons mis-sold car loans, with payouts averaging £829 per deal. Learn eligibility and next steps.
Millions to Get £829 Payout in Motor Finance Redress Scheme
The Financial Conduct Authority has unveiled its final redress scheme, with 12.1 million unfair motor finance deals eligible for compensation averaging £829 each, totalling £7.5 billion.
FCA Finalises £7.5bn Car Finance Compensation for Drivers
The Financial Conduct Authority has confirmed its final compensation scheme for millions of drivers missold car finance between 2007 and 2024, with average payouts rising to £830.
Nationwide's £100 Voting Limit Warning for Joint Accounts
Nationwide Building Society clarifies key restrictions on joint accounts, including a £100 minimum balance requirement for voting rights at the AGM, affecting first-named account holders.
HSBC Raises ISA Rate to 4.5% with £500 Cash Incentive
HSBC UK has increased its Fixed Rate Cash ISA interest to 4.5% and is offering tiered cash incentives of up to £500 for new deposits, targeting savers ahead of the tax year deadline.
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BBC Expert: £5,000 in Current Accounts Loses You Money
Consumer specialist Laura Pomfret reveals on BBC Morning Live that millions are missing out on interest by leaving substantial sums idle in current accounts during the cost of living crisis.
Amazon Australia Launches K-Beauty Store with 60+ Brands
Amazon Australia has unveiled a dedicated K-Beauty storefront, offering over 60 Korean skincare brands like COSRX and Anua, with products starting from $11. The launch event in Sydney highlighted trends like PDRN and peptides, making affordable, high-qual
Santander £200 Switch Bonus: Deadline and Eligibility
Santander is offering a £200 cash incentive for customers who switch to an eligible current account using the Current Account Switch Service before March 31. Learn who qualifies and the requirements to claim the payout.
Nationwide's £175 Bonus Attracts 40,000+ Members in Banking Shift
Nationwide Building Society has confirmed bonuses for over 40,000 members, driven by a £175 switching incentive and profit-sharing, as current account transfers exceed one million for the third year.
Nationwide Warns Members of Potential Extra Charges
Nationwide Building Society has alerted UK customers via text message about possible extra charges if they miss important notifications, while also hinting at potential £100 bonuses later this year.
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Bank of America to Pay $72.5 Million in Epstein Settlement
Bank of America has agreed to pay $72.5 million to settle claims from Jeffrey Epstein's victims, alleging the bank ignored warning signs while profiting from its relationship with the financier.
Lloyds Bank Updates £50 Referral Scheme: How to Qualify
Lloyds Bank has clarified its 'Refer a friend' scheme, offering £50 payments to customers who refer new clients. Learn eligibility criteria and steps to earn multiple rewards.
Lloyds Pays £139k After IT Glitch Exposes Customer Data
Lloyds Banking Group has issued £139,000 in compensation following an IT malfunction that exposed personal data of nearly half a million customers, with some viewing others' financial transactions.
Lloyds Pays £139k After IT Glitch Exposes Customer Accounts
Lloyds Banking Group has compensated customers after an IT malfunction allowed nearly half a million people to view others' financial transactions and personal data.
Lloyds Data Breach Impacts 447,936 Customers, MPs Reveal
Nearly half a million Lloyds, Halifax and Bank of Scotland customers were affected by a data breach exposing personal financial information, with thousands receiving compensation averaging £38 as regulators investigate.
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Lloyds Data Breach Affects Half a Million Customers
Lloyds Banking Group has paid £139,000 in compensation after an IT glitch exposed personal data of nearly 450,000 customers across Lloyds, Halifax and Bank of Scotland.
NS&I Compensation for Premium Bonds Errors Announced
National Savings and Investments will pay up to £476 million to customers after errors left bereaved families without owed funds, with compensation details expected in May.
Halifax Alert: ISA Deadline and £1,200 Cashback
Halifax warns customers of the April 5 tax year deadline for ISA allowances, with a £1,200 cashback promotion for transfers by May 31, 2026.
NS&I Compensation for Bereaved Families After £476m Error
National Savings and Investments is set to pay millions to customers after operational failures left bereaved families without owed money. Up to £476 million in deposits may be affected.
NS&I Compensation for Savings Scandal Affects 37,500 Customers
National Savings and Investments is set to pay millions to customers after errors led to bereaved families missing funds, with up to £476 million in deposits affected since 2008.
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NS&I to Pay Millions in Compensation for Bereaved Customer Errors
National Savings and Investments is set to compensate up to 37,500 customers after failing to trace accounts of deceased savers, with up to £476 million in deposits affected. The Treasury-backed bank has apologised for operational failures.
Martin Lewis: Urgent April Deadline for Car Finance Compensation
Martin Lewis has issued an urgent update on the car finance compensation case, highlighting a critical April deadline for millions of consumers who purchased vehicles between 2007 and 2024.
NS&I Boss Steps Down Over Missing Savings and Payout Crisis
Dax Harkins resigns as NS&I faces a record payout of up to £476m for missing savings affecting 37,500 customers, with external advisers hired to investigate errors dating back years.
NS&I Chief Exits Over £470m Premium Bonds Scandal
NS&I's chief executive, Dax Harkins, has left his role following a £470 million savings controversy. Sir Jim Harra steps in as interim chief to lead a review and reunite customers with missing funds.
Nationwide Explains Account Blocking Policy for Customer Safety
Nationwide Building Society has detailed when it may temporarily block customer accounts due to returned mail or incorrect details, urging verification of suspicious messages.
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NS&I Compensation Payouts for Thousands of Customers
National Savings and Investments is expected to announce compensation payouts worth hundreds of millions of pounds for thousands of customers affected by management failures.
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