The crisis at the Co-op Bank can be blamed on bad management and governance and a “culture of mediocrity”, according to a damning new report dissecting...
The Labour party is reviewing its “financial arrangements” and could move loans worth more than £1 million to social bank Unity Trust breaking ties with the...
The Labour party has given its backing to calls from the consumer group Which? for a full investigation into competition in the current account market. Earlier...
Over 600,000 UK current account customers have changed providers in the first six months of the new Current Account Switch Service, according to new statistics. The...
Following a troubled year, the Co-operative Bank has posted a loss of £1.3 billion for 2013 and has said it does not expect to make a...
The Royal Bank of Scotland (RBS) is set to close 44 branches across the UK, 14 of which are the ‘last branch in town’. The move...
Residents in the Lancashire city of Preston are being encouraged by their local council to join the alternative banking campaign Move Your Money. Preston city council...
Just months after completing its £1.5 billion recapitalisation plan, the Co-operative Bank is seeking to raise an additional £400m following the discovery of another hole in...
The UK banking sector could see competition increase, following reports that up to 10 new retail banks could launch initial public offerings by 2016. If correct,...
A campaign lobbying for a more sustainable banking sector has urged people to move their money out of banks that fund the fossil fuel industry and...
The Royal Bank of Scotland (RBS), which remains 81% owned by the government, has reported a pre-tax loss of £8.2 billion for 2013. The losses are...
Following the 2008 financial crash, there have been calls for a radical restructuring of the economy. But just how should this new system be organised? Nicky...
A familiar name returned to the fray last year following the collapse of a deal that would have seen the Co-operative Bank acquire 631 branches owned...
Julian Parrott, partner at Edinburgh-based Ethical Futures, is Blue & Green Tomorrow’s 2013 sustainable financial adviser of the year. Parrott specialises in ethical investment, after co-founding Ethical Futures with...
It’s that time of year again. Santa has looked at Britain’s biggest banks, and decided whether their previous 12 months mean they warrant inclusions on the...