Some Premium Bond holders have expressed their concern with the new paper-free system after National Savings and Investments (NS&I) announced that it would stop paying winnings by cheque from March 2021.Continue reading
More than 1,700 businesses have been granted alternative finance options through the Bank Referral Scheme (BRS) after being turned down for traditional business loans, new figures reveal.Continue reading
Thousands of people who fall victim to scams are to receive new protection, after a number of the UK’s biggest banks agreed to introduce a new code.Continue reading
MPs have urged businesses to consider vulnerable people’s access to financial services, with talk of the UK becoming a cashless society.Continue reading
Barclays bank have announced plans for a major lending fund worth £14 billion pounds, which will help small and medium enterprises (SMEs) to flourish once the UK has left the European Union (EU).Continue reading
The Bank of England’s (BoE) Monetary Policy Committee (MPC) has unanimously voted to maintain the UK interest rate at 0.75 per cent amid uncertainty about the potential nature and timing of the UK’s withdrawal from the European Union.Continue reading
The Government yesterday announced fresh changes to the State Pension age, set to affect around six million Britons.Continue reading
Visa Europe have labelled the UK a ‘cash-second’ economy, as the number of contactless card payments rose by a staggering 250% year-on-year in 2015.Continue reading
The chairman of one of Europe’s biggest banks has said that if the UK decided to leave the European Union it probably wouldn’t deal a major blow to London’s status as one of the world’s top financial hubs.Continue reading
The Bank of England is set to examine the Chancellor’s plans to impose a new tax on banks, admit concerns that it may actually reduce competition in the sector.Continue reading
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