British banks have said that they do not expect to increase the amount of lending available to businesses in the second quarter of 2013. This is despite the rise in…
Banks
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The Bank of Ireland and Bristol & West have both jumped the rate of interest on their tracker mortgages by a huge amount, which will have a massive effect on…
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Banks have been reducing the rates of interest that they offer on new savings accounts for months now, as well as closing some accounts that offer particularly good rates. As…
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Lloyds TSB will be putting the sale of the current account packages it offers on hold. Although the bank denies that this has anything to do with mis-selling of packages,…
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The level of effort that Barclays has put into in order to try and reform its image following the Libor scandal was revealed in greater detail at the Banking Standards…
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The Bank of England’s Financial Policy Committee (FPC) have gathered today in order to discuss what needs to be done by the UK’s financial services industry to bring them through…
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It’s no secret that there are issues with the computer systems that RBS uses. Earlier this year, customers across the UK and Ireland suddenly discovered they could not access their…
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In a move that could indicate a big change in the ethics of big banks, The Co-Operative have announced that they will no longer be giving their staff bonuses for…
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Businesses are complaining that it’s not only a lack of lending from banks that is making them cut spending, but also the “stickiness” of inflation that is hovering over the…
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With public opinion of the major high street banks taking such a battering recently, it’s rather unsurprising that the banks are attempting to change their image. If anything, it’s shocking…
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