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Banking News

Future proofing your finances: The beginners guide to money management

It’s not how much money you make, it's how you manage your funds that will bring you happiness. Many of us think the more money we're earning, the happier we’ll be, however, that’s not true.

Five reasons of low credit score and simple ways to improve it

Five reasons of low credit score and simple ways to improve it

Is it good to have your credit score under 600? Of course, not! The rates offered by banks will stay huge and you are not sure whether your loan application will become approved or not.

Does your business need an audit? Here's how to decide

As Brexit negotiations continue at pace, it appears as though the UK government are falling foul of small business owners.

Cash jams threaten August Bank holiday misery warns Auriga

Cash jams threaten August Bank holiday misery warns Auriga

As the last summer bank holiday approaches, millions of Brits will be bracing themselves for traffic jams as they make their way to the beach.

Cash still king but crown is slipping as consumers turn to contactless

The number of cash payments decreased by 11% between 2015 and 2016, but it remains the most frequently used payment method in the UK, according to new data published today by UK Finance.

Halifax most switched to bank in 2016

Official figures released by Bacs today show that Halifax was the most switched to bank on the high street in 2016.

5.5M over 50s poised to switch banks if their local branch closes

With reports suggesting that almost 500 high street banks are set to close in 2017, research by Saga has revealed that 5.5M (25%) over 50s will be forced to switch their account if their local branch disappears.

Value of the fiver declines by 96% in the past sixty years

As the paper £5 is withdrawn from circulation, Lloyds Private Banking looks at how the value of money has changed since the modern blue £5 note was first introduced in 1957.

Banks are dead - but who's to blame?

Banks are dead - but who's to blame?

As of late March, the days when a customer could waltz into their high-street bank and demand to speak to its manager may be numbered.

Brits sitting on £420m worth of soon-to-be useless money

As the new 12-sided £1 coins come into circulation next week, Gocompare.com Money has found that Britain has a collective £420m worth of soon-to-be useless currency in coin jars and glove boxes.

6 weeks until the pound stops being round

With only 6 weeks until the historic new 12-sided pound enters circulation, the Commercial Secretary to the Treasury visits the Royal Mint.

There’s no need to wait for an app to check if you’ve got the right bank account

Gocompare.com comments on the reforms recommended in a report from the CMA.

TSB continues to deliver £250 million investment programme in branch and digital services

In April 2015, TSB announced a £250million investment programme to ensure its branch and digital offerings meet evolving customer demand.

UK ATM numbers pass 70,000 for the first time

The growing number of cash machines reflects the essential role cash continues to play in the UK economy.

Protecting banks from the coming data breach liability storm

Protecting banks from the coming data breach liability storm

The Target data breach of 2013 and the Home Depot data breach of 2014 have fueled extensive discussions about who should pay for data breaches. The players include retailers, banks who issue credit cards, and the credit card companies themselves.