An elderly pensioner ended up losing a massive £15,000 from their bank accounts after criminals scammed the victim over the telephone.
Thieving bank teller avoids jail time after stealing £2,000
A thieving former bank teller caught stealing nearly $2,000 from branch customers somehow avoided bank time, instead being hit with 300 hours of unpaid work.
FCA says seven-day switching needs more support
The new seven-day switching rules that allow consumers to give one bank the boot and join another need more support, says the Financial Conduct Authority.
Nearly 2m Brits going without any sort of bank account
Business banking news review: week ending 12 March 2015 If the Financial Inclusion Commission is to believed, nearly 2 million Brits are going without any sort of personal or business bank account right now. According to the FIC’s latest figures, these individuals are truly running the risk of being disconnected from what the commission calls […]
News that the inflation rate in the UK has dropped like a defunct Russian satellite from orbit have done little to assuage those with awful savings accounts.
Online banking booms big on Christmas Day, says Nationwide
The UK’s biggest building society says that online banking activity on Christmas Day shoots through the roof every year, just like clockwork.
Treasury waters down HMRC’s ability to rob bank accounts
The furore over the plan to let Her Majesty’s Revenue & Customs to simply raid personal and business bank accounts has resulted in the Treasury stepping in.
Banks throw money at customers to entice them to switch
Smaller banks are willing to try anything to get customers to switch – including just throwing money at them in a bare-faced attempt at bribery.