Banks losing touch with what SMEs want
A new study has revealed that the relationship between retail banks and their small and medium sized business (SMEs) customers is weakening.Continue reading
Category Archives: Banks
British Chamber of Commerce ups its GDP forecast for the UK
According to the latest forecast from the British Chamber of Commerce (BCC), the UK’s GDP is set to go up by 0.3 per cent for 2015 thanks to an increase in activity in the services sector and a growth in consumer spending.Continue reading
Banks must offer clearer savings deals under new rules
Banks and building societies will be named and shamed if they pay the lowest savings rates as the City watchdog looks to highlight firms that pay poor interest to longstanding customers.Continue reading
New fixed-rate savings accounts offer market-leading 12-month deal
Two up and coming challenger banks – Charter Savings Bank and Vanquis Bank – are offering market-leading interest rates on their 12-month savings accounts.Continue reading
First new private bank for 30 years opens in the UK
A new private bank has been set up, claiming to be the first to obtain a banking licence for 30 years.Continue reading
Account payments to some RBS customers ‘missing’
Hundreds of thousands of NatWest and RBS customers were this morning facing banking issues as the company admitted “some” payments were “missing” from accounts.Continue reading
Britain to exceed targets for 15 new banks in the next five years
The UK will exceed a government target of getting 15 new banks into the market over the next five years to help to boost competition, the country’s top financial markets regulator has said.Continue reading
EU-Swiss accord to end banking secrecy
The European Union and Switzerland have signed a major accord to end banking secrecy for EU residents and prevent them from stashing undeclared income in Swiss banks.Continue reading
Regulator outlines scope of UK banking probe
The UK’s markets watchdog has set out the issues it will focus on in its investigation into investment and corporate banking competition.Continue reading
Deutsche Bank mulls leaving UK on EU exit
Deutsche Bank has become the first bank to formally consider what it would do if the UK voted to leave the EU.Continue reading
Can we help? Talk to our expert team