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Banking

  • Dame Alison Rose takes first job since leaving Natwest after Nigel Farage debanking storm

    June 11, 2024

    Dame Alison Rose has taken up her first job since leaving Natwest last year in the aftermath of the Nigel Farage debanking storm over his Coutts account.

  • What’s going on with Reform’s proposed overhaul of Bank of England reserves?

    June 11, 2024

    Tice said the policy would raise £35bn over the next five years, a figure which leading tax lawyer Dan Neidle described as "magic".

  • UK payment firms urge regulator to delay controversial fraud refund rules

    June 10, 2024

    Firms have urged the UK payments regulator to delay fraud reimbursement rules following growing criticism of the measures and the recent departure of the watchdog's head.

  • JP Morgan: Labour election win would be ‘positive’ for markets

    June 10, 2024

    Wall Street giant JP Morgan is forecasting a "net positive" impact on markets if Labour wins the UK general election on 4 July.

  • Average mortgage ‘shelf-life’ cut in half as lenders raise rates

    June 10, 2024

    The average "shelf-life" of a UK mortgage has nearly halved in a month, new data shows, as lenders raise rates on home loans.

  • Barclays in Moorgate vandalised as three arrested in apparent Palestine protest

    June 10, 2024

    Three men have been arrested over the spraying of red paint on a Barclays branch in Moorgate, following several previous incidents linked to pro-Palestine activists.

  • Over £366bn ‘sitting in accounts earning one per cent or less’

    June 10, 2024

    More than £366 billion is languishing in UK current and savings accounts earning returns of 1% or less, according to analysis.

  • Inside UK banks’ arms race against fintech start-ups

    June 8, 2024

    The UK’s major banks are muscling into new areas of the fintech space as they look to keep up with a wave of young challengers and grab a slice of the lucrative market.

  • Tandem Bank profitable for second year in a row as growth continues

    June 7, 2024

    Tandem Bank has reported a jump in earnings and customer numbers.

  • Natwest boss open to acquisitions as he predicts more consolidation in UK banking

    June 6, 2024

    The chief executive of Natwest has said the state-backed lender is open to acquisitions as he predicts more consolidation in the UK banking market over the coming years.

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