One in four Brits cling to bank branches as closures soar May 20, 2025 Brits remain keen for in-person banking even as high-street sites shutter, a fresh report from the Financial Conduct Authority has revealed. One in four current account users still opted to use branch services in the year to May 2024 despite their waning availability. The figure marks a steep drop from 63 per cent in 2017, [...]
IT outages: Are UK banks failing to modernise? March 20, 2025 Imagine it’s payday, and you’re trying to pay your bills or make a critical purchase, only to discover that your bank’s system has gone down. For millions of customers at Britain’s major banks, this nightmare is all too familiar. Over the past two years, nine of the UK’s banks were offline for more than 800 [...]