In a move that will upset many businesses, it has been announced that leading UK banks may decide to start charging for business cash deposits.
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More, but not enough, are switching current accounts
New data shows more Brits are switching their current accounts to different banking providers – but it’s still just a bare fraction of the total.
FCA says bank customers victimised by costly current accounts
The Financial Conduct Authority says too many Brits are being tricked into signing up for costly, unnecessary current accounts.
Small business bank accounts cyber-plundered
Small business bank account holders in the UK are under siege after a spate of cyberattacks have drained their coffers in a major assault.
Is your bank about to join the blockchain revolution?
Not long ago, most banking institutions poo-pooed Bitcoin. It’s now got its own Forex rate and the blockchain tech it’s built on is THE buzzword!
Banks give insurers a lesson in improving customer satisfaction
Banking sees a huge annual drop in people who rate their customer service as ‘bad’. For insurance, no change. What have banks done differently?
Can the UK Become FinTech Global Central?
Global banking is in recovery, but unrest remains even in Germany and America. Is the time right for the UK to become Global FinTech Central?
RBS invites external advisers to investigate SME handling
Despite having a clean bill of health not so long ago and the FCA already investigating, RBS has invited external auditors to look into its SME arm.
Are UK banks running before they can walk?
The FIS PACE index survey has good and bad news for UK banks. We love digital banking, but want loyalty rewards and transparency. Can banks deliver?
Budget could force small business owners to shut up shop and sell up
With the budget squeezing single-employee limited companies, KPMG foresee the burden of business ownership could become too great to bear for many.
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