Banking
Funding woes halt dreams of seven in ten aspiring entrepreneurs
With aspiring entrepreneurs continuing to struggle to secure bank credit for their start-ups, new research from Amigo Loans reveals that 48% of Brits would consider setting up their own business, but 68% think it would be too difficult to get funding for their venture.
Cash flow concerns: UK SMEs worried for the year ahead
Cash flow remains a significant challenge to large numbers of UK businesses, according to new research from Santander Corporate & Commercial.
Metro Bank drives the banking revolution in Slough
Metro Bank continues its fast paced expansion with the grand opening of its 18th store in Slough, its first with a drive-thru facility, on Friday 3rd and Saturday 4th May.
Verde customers still have mutual options
Lloyds TSB customers who were expecting to see their current accounts transferred to the Co-Op have been reminded they can still opt for a mutual alternative to the big banks.
Sterling surges as GDP growth figures smash expectations
Sterling gained around one per cent against the Dollar and the Euro following the release of the eagerly awaited first quarter growth figures Thursday morning.
Brits still wary of contactless payments
Large numbers of Brits remain wary of new payment technologies, with one in four saying they find the idea of contactless payments scary, according to research from Gocompare.com.
How much do I love thee?
More than half (58 per cent) of people have been with their current account provider for more than a decade, with the average bank relationship lasting just over 16 years and one month, according to research from Santander Current Accounts.
Nationwide brings mutuality to heart of London’s square mile
A new era of mutuality has been launched as Nationwide Building Society unveiled a new flagship branch in the traditional heartland of banking.
New entrants prompt a big switch
With the Post Office announcing last week that it will launch into the current account market, following on from a number of other providers such as M&S Bank, nearly half of Brits (46 per cent) say it has encouraged them to switch their current account, according to MoneySupermarket.
Holidaymakers choosing the Algarve or Costas will be quids in
Despite the pounding taken by sterling this year against the euro, holidaymakers planning trips to a European hotspot may find their holiday cash stretches further than expected because prices have plummeted in many popular resorts.
Holidays take a pounding for one in five as sterling slides
Nearly one in five (19%) would be holiday-makers have given up on a foreign holiday this year due to the continuing weakness of the pound, according to findings from independent market research firm Consumer Intelligence.
Billions in cash left in current accounts paying no interest
A third of current account customers in Britain are not earning any interest on their balance, and a further 30 per cent don't know how much interest their current account pays, according to research from Santander Current Accounts.
Number of added value current accounts grows by 66% in five years
The number of added value (or packaged) current accounts on the market has increased by two-thirds since April 2008 - and, with the growing choice available, it is critical for people to focus on the benefits offered by these accounts when comparing the different options.
8 million people in the UK operate an ‘online business from home’
One in six (17%) people in the UK (or eight million) are operating as an ‘online business from home', specifically purchasing goods to resell, or making their own products to sell for profit, according to research from Direct Line for Business ("DL4B").
Metro Bank opens 17th store in Guildford
Metro Bank continues its expansion this week with the opening of its 17th store in Guildford, Surrey. To mark the opening, the UK's most revolutionary bank will be holding two days of celebrations on Friday 19th and Saturday 20th April.