Barclays Bank Plc (Barclays) has been fined £37,745,000 by the Financial Conduct Authority (FCA) for failing to properly protect clients’ custody assets worth £16.5 billion.
Businesses supplying digital services across the European Union will be able to register for a new online VAT service from 20 October.
According to new research from TSB, the number one driver that influenced Brits to switch bank accounts in the past year was better benefits offered at another bank, such as higher interest rates (33%).
Santander UK has launched an innovative new mobile banking service which is set to transform the way its customers can keep track of their everyday finances and spending.
One year on from the launch of the Current Account Switching Service (CASS), official figures released confirm that over one million people have switched their current account using the new system, with around a fifth of these choosing to bank with Halifax.
A new survey looking at how undergraduates are managing their finances reveals that only 53% of students think that they are managing their money well; with nearly one in five (19%) saying they are seriously worried about their financial situation.
One year on from the introduction of the Current Account Switching Guarantee, MoneySuperMarket reveals the main factors incentivising customers to switch their current account.
With summer holidays drawing to an end, many Brits are left feeling blue and cash-poor. But research by peer-to-peer lender Zopa has found that there could be a silver lining.
The majority of UK SMEs believe they would be successful if they applied for a bank loan to fund their investment plans, with three in five feeling confident they would be accepted, according to new research by Clydesdale and Yorkshire Banks.
New research from Aviva reveals that SMEs may be missing out on new funding options due to a lack of awareness and understanding.
From Monday 1st September consumers looking to take out the M&S Bank current account can pocket a £125 M&S gift card when they switch their current account exclusively through MoneySuperMarket.
Inward talent is making an increasingly important contribution to the UK’s professional workforce and helps the economy prosper according to research by Lloyds Bank.
Unsurprisingly, the overwhelming majority of women (91%) consider looking after their finances to be more important than buying a new pair of shoes (4%).
With the announcement that the UK economy is growing at its fastest pace in six years, Caxton FX, a leading international payments company and currency card provider has seen an increase in consumers sending money abroad or purchasing currencies outside of the EU.
Customers of Clydesdale and Yorkshire Banks will start receiving notification of new fee structures for personal current accounts.
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