A government adviser has warned banks that abusive practices could hinder Britain’s economic prosperity, saying, “It is time for growth, not greed.” Lawrence Tomlinson, entrepreneur in...
The Treasury has announced plans to ramp up consumer protection to the next level within the financial sector. The new system, unveiled on Wednesday, is due...
Research by consumer group Which? suggests that the payment protection insurance (PPI) mis-selling scandal has cost the banks twice as much as it cost to stage the London Olympics...
Most commentators seem to agree that a return to ‘back to basics’ banking is needed if we are to avoid the kind of speculative bubbles that...
One in four current account holders would switch providers if they thought the process would run smoothly, a new study has claimed. The research by M&S...
A 21-year-old man has been arrested by police in Manchester after allegedly making rape and death threats to a female campaigner on Twitter. Caroline Criado-Perez, who...
Early 19th century author Jane Austen will be the face of the next set of £10 notes, the Bank of England has announced. The decision to...
Forty-two per cent of bank customers are likely to switch providers when measures to make it simpler to switch are introduced in September, according to new...
The Royal Bank of Scotland (RBS) has been fined £5.6m by the banking regulator, after incorrectly reporting more than 44m transactions made with other banks and...
A third of global investment into clean energy took place in Europe in 2012, according to Dutch bank Rabobank. But the shockwaves of the financial crisis...
The government is backing a system that will allow bank customers to switch to other providers more easily, in an effort to increase competition across the...
Almost 160,000 complaints were referred to the Financial Ombudsman Service (FOS) from consumers between April and June – the majority of which were about mis-sold payment...
Some 2,436 City bankers received annual wages in excess of £870,000 in 2011, according to the European Banking Authority (EBA), as the row over excessive pay...
Twenty-two years ago today, after the Bank of England’s Operation Sandstorm inquiry uncovered “widespread fraud and manipulation”, the Bank of Credit and Commerce International (BCCI) was...
Local authorities have been challenged to make banking and investments work harder for their communities. In a new report, campaign group Move Your Money describes how...