Competition betwixt High Street lenders and new upstarts is hotting up, which is good for consumers – but experts say that free accounts may be a casualty.
In one fell swoop, the Government has managed to both help countless banking customers whilst also alienating them at the same time – a remarkable feat indeed.
This week saw the unbelievable revelation that not one but two Barclays employees – at different branches – have been involved in some major fraud scandals.
Some days it doesn’t rain but it pours – and if you’re either Royal Bank of Scotland or Barclays this week you know that feeling all too well.
This week the news is absolutely brimming with stories regarding banks looking to reform their terribly tarnished reputations by any way they can.
This week the news has been filled with countless stories highlighting how High Street banks failing their customers as alternative banking schemes flourish.
Well here’s a queer switch: it turns out a High Street bank is slashing its fees even as a new upstart bank billed as a no-fee alternative increases its own!
The Government’s latest programme to improve access to credit, the Help to Buy scheme, seems to be growing by leaps and bounds as of late.
Every bank in the UK might have its share of ups and downs, but this week Barclays takes the dubious honour of having the worst problems hands down.
No one likes being stuck in a dead-end personal or business bank account, but despite that it seems like nobody can seem to muster the energy to switch!