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Lloyds profits fall as interest rate benefits wane: Competition in savings and mortgage markets and rate cut expectations weigh on margins
ft.com/content/4086d32f-142c-411e-8f48-139957fcdde6
Royal Bank of Scotland to close a fifth of branches with 100 jobs at risk: The Bank announced 18 of its 86 local branches have been earmarked for closure.
news.stv.tv/scotland/royal-bank-of-scotland-to-close-a-fifth-of-branches-with-100-jobs-at-risk
NatWest becomes latest UK bank to report sharp drop in profits: The lender said pre-tax earnings in the first quarter of 2024 were £1.3bn - a decline of nearly ...
news.sky.com/story/natwest-becomes-latest-uk-bank-to-report-sharp-drop-in-profits-13123111
Online banking security put to the test: Bank security put to the test: Which? tested websites and apps from HSBC, Natwest, Nationwide, Barclays and more ...
which.co.uk/news/article/online-banking-security-put-to-the-test-how-safe-is-your-banks-website-a1hW09D9pQBJ
NatWest Group to close 98 bank branches in 2024: Find out if your local bank branch will be shutting its doors this year
which.co.uk/news/article/natwest-group-bank-branch-closures-aXUN72y5QXYk
Government exit would end 'sorry tale' for Britain and bank, NatWest Chair says: Britain's plans to sell its remaining stake in NatWest would end a "sorry tale" ...
reuters.com/business/finance/natwest-ceo-sees-material-opportunities-ai-2024-04-23/
FTSE 100 extends record run on earnings optimism: Britain's FTSE 100 index extended its record run on Wednesday as a strong earnings update from Reckitt ...
reuters.com/world/uk/ftse-100-extends-record-run-earnings-optimism-2024-04-24/
Tesco profits surge as falling inflation eases pressure on prices for shoppers: Supermarket vows to 'double down' on offering better value for money ...
inews.co.uk/news/business/tesco-profits-inflation-prices-shoppers-2999208
Scottish private sector business growth outstrips UK average: Business activity in Scotland rose for the third month in a row during March ...
heraldscotland.com/news/24250688.scottish-private-sector-business-growth-outstrips-uk-average/
Lloyds Bank axes risk staff after executives complain they are a ‘blocker’: Lender ‘having to say goodbye’ to employees as part of effort to ‘move at greater ...
ft.com/content/6951335c-07f0-4e92-bd53-4fd69e6afa90
New map shows number of banks disappearing from London streets: More people are moving to online banking
mylondon.news/news/uk-world-news/new-interactive-map-shows-number-28971051
Barclays profit falls as mortgage lending and investment bank squeezed: Barclays said income from its UK operations fell 7% year on year.
news.stv.tv/world/barclays-profit-falls-as-mortgage-lending-and-investment-bank-squeezed
FTSE 100 Live: What's Moving UK Markets, Right Now
bloomberg.com/news/live-blog/2023-12-15/what-s-moving-uk-markets-right-now-markets-today
A love for data jump-started the career of Citizens' chief experience officer: The Climb
americanbanker.com/news/a-love-for-data-jump-started-the-career-of-citizens-chief-experience-officer-the-climb
Royal Bank owner NatWest beats profit expectations: State-backed lender underlines 'ambition' to return to full private ownership
heraldscotland.com/news/24280136.royal-bank-owner-natwest-beats-profit-expectations/
Lloyds, Co-op Bank and TSB customers issued security warning: The Co-op Bank, Lloyds and TSB have been told to 'urgently address potential loopholes' in their ...
southwalesargus.co.uk/news/24274779.lloyds-co-op-bank-tsb-customers-issued-security-warning/
Taylor Swift: British fans scammed more than a million euros: Hundreds of UK fans of Taylor Swift, Coldplay and Beyoncé have been scammed by fake adverts and ...
euronews.com/culture/2024/04/17/taylor-swift-british-fans-scammed-over-a-million-euros
Sabadell feels no pressure from British M&A activity to sell TSB: Sabadell is under no pressure to sell its British TSB business, the Spanish bank's chief ...
reuters.com/markets/deals/sabadell-feels-no-pressure-british-ma-activity-sell-tsb-2024-04-09/
Full list of NatWest, Halifax, and Lloyds branches closing this year in Wales: More than 100 bank closures were announced in the UK in March alone
walesonline.co.uk/news/wales-news/full-list-natwest-halifax-lloyds-29019183
CFM Delivering Leap-1As With Reverse Bleed System: CFM's new reverse bleed system (RBS) is designed to prevent a fuel nozzle problem linked to carbon deposits ...
aviationweek.com/shows-events/mro-americas/cfm-delivering-leap-1as-reverse-bleed-system
What UK water can learn from global banking: Ballooning leverage and excessive financial engineering are among the unnerving parallels with the 2008 financial ...
ft.com/content/5de3b208-279a-4f7a-91b3-cb77c4908646
Adam & Co returns to Glasgow following takeover deal: Adam & Co, one of Scotland's oldest wealth management brands, has returned to Glasgow following completion ...
heraldscotland.com/news/24242422.adam-co-returns-glasgow-following-takeover-deal/
Scottish job vacancies down in March amid eight months of decline: The latest Royal Bank of Scotland Report on Jobs highlights ‘sustained deterioration’ in ...
news.stv.tv/scotland/scottish-job-vacancies-down-in-march-amid-eight-months-of-decline
Lloyds Lending Income Misses Estimates, Costs Jump on Severance: Lloyds Banking Group Plc missed estimates for net interest income in the first quarter as the ...
bloomberg.com/news/articles/2024-04-24/lloyds-lending-income-misses-estimates-costs-jump-on-severance
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Santander, Nationwide, NatWest, Lloyds change mortgage rules: Santander will count Child Benefit income from the Department for Work and Pensions (DWP) up to £60 ...
birminghammail.co.uk/news/cost-of-living/santander-nationwide-natwest-lloyds-change-28981062
Why must we assume that events like Aye Write have to be subsidised?: Brian Wilson hits the nail on the head about the use of public subsidy for events ...
heraldscotland.com/opinion/24263531.must-assume-events-like-aye-write-subsidised/
Barclays, Citi Are Among Banks Testing Tokenized Deposits in UK: Industry body UK Finance is expanding its pilot of an experimental shared ledger to track ...
bloomberg.com/news/articles/2024-04-15/barclays-citi-are-among-banks-testing-tokenized-deposits-in-uk
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UK Trade Association Initiates Experimental Phase for Regulated Liability Network (RLN)
coinmarketcap.com/alexandria/article/uk-trade-association-initiates-experimental-phase-for-regulated-liability-network-rln
Waning of inflation boosts Tesco and supermarket peers: A significant weakening of inflation over recent months has set the retailer up for a strong year
businesspost.ie/analysis-opinion/waning-of-inflation-boosts-tesco-and-supermarket-peers/
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Full list of Natwest, Barclays and Halifax banks closing in Surrey this year: You can see which banks are closing or have closed in your area this year using our ...
getsurrey.co.uk/news/surrey-news/full-list-natwest-barclays-halifax-28973002
Tesco grows profits and creates jobs amid price cutting: Tesco said it has won market share in the UK after cutting prices amid the surge in inflation which it ...
heraldscotland.com/news/24245325.tesco-grows-profits-creates-jobs-amid-price-cutting/
Dispute over Scottish Widows: Is the word "widow" offensive?: Lloyds Bank wants to outlaw the word "widow"; its own subsidiary is called Scottish Widows ...
faz.net/aktuell/wirtschaft/unternehmen/scottish-widows-ist-das-wort-witwe-beleidigend-19600516.html
UK government ceases to be NatWest’s controlling shareholder: State’s stake in the British high street bank bailed out in the financial crisis has now fallen ...
ft.com/content/ae505f0e-a8a4-406e-a24a-192555c547cd
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Scottish Widows staff told not to use the word ‘widow’ as it triggers some customers
standard.co.uk/news/uk/scottish-widows-lloyds-owner-bank-language-guide-triggering-b1146082.html
Lloyds Banking Group to close 166 branches in 2024 and 10 in 2025: Find out if your local bank branch will be shutting its doors
which.co.uk/news/article/lloyds-halifax-bank-of-scotland-bank-branch-closures-aim9B9r5MCSq
Banker bonus gap widens as men awarded more variable pay than women: The median male bonus was more than ten times that for a woman at NatWest
standard.co.uk/business/banker-bonus-gap-widens-as-men-claw-more-variable-pay-than-women-b1149698.html
NatWest seeks approval to buy more stock to speed privatisation: NatWest will seek shareholder approval to buy back up to 15% of its stock from the UK government ...
reuters.com/business/finance/natwest-seeks-approval-buy-more-taxpayer-owned-stock-speed-up-privatisation-2024-03-18/
Lloyds Bank’s ‘inclusive language’ guide veers to wilder extremes of woke: Staff have been told the term 'widow' should be avoided
inews.co.uk/opinion/lloyds-banks-inclusive-language-guide-veers-to-wilder-extremes-of-woke-2962822
Quick Glance: Lloyds Bank’s Dive into Extreme Woke Culture
- Lloyds Banking Group explores 'inclusive language' among 57,000 employees
- Discussion on negative connotations and potential communication barriers
- Shifting cultural values prompt reevaluation of office etiquette
- Resistance against excessive wokism while considering important sensitivities
Almost 50 Natwest branches to close imminently - full list: In a serious new blow to the high street and customers the banking giant has announced a new wave of ...
walesonline.co.uk/news/uk-news/almost-50-natwest-branches-close-28908126
Ellon to lose last physical bank branch as Bank of Scotland announces closures: Bank of Scotland will close its Ellon branch in a blow for the town ...
pressandjournal.co.uk/fp/news/aberdeen-aberdeenshire/6401358/bank-of-scotland-ellon-closing/
Rothesay buys 6 bln pound Scottish Widows bulk annuities from Lloyds: Pension insurance specialist Rothesay has agreed to buy the about 6 billion pound ($7 ...
reuters.com/business/finance/rothesay-buys-6-bln-pound-scottish-widows-bulk-annuities-lloyds-2024-03-13/
Almost 50 Natwest branches to close imminently - full list: In a serious new blow to the high street and customers the banking giant has announced a new wave of ...
walesonline.co.uk/news/uk-news/almost-50-natwest-branches-close-28908126
When does a bank fail?: There are four main reasons why banks fail: credit risk, interest rate risk, foreign exchange risk, and liquidity risk (bank run).
thedailystar.net/opinion/views/news/when-does-bank-fail-3576641
Lenders pledge banking hub upgrade amid political row over cash access: High street banks have committed to funding 225 hubs across Britain and diversifying the ...
news.sky.com/story/banking-13097919
Virgin Money to disappear as Nationwide set to purchase bank for £2.9 billion : The Virgin Money business will be rebranded as Nationwide within six years ...
itv.com/news/2024-03-07/virgin-money-to-disappear-as-nationwide-set-to-buy-bank-for-29-billion
Emergency services attend sudden death on Union Street: Police and paramedics have been seen entering a side door attached to the Royal Bank of Scotland building ...
pressandjournal.co.uk/fp/news/aberdeen-aberdeenshire/6389736/emergency-services-union-street-bank/
Money latest: Big drop in energy bills from April, Ofgem announces: Ofgem, the energy regulator, has announced the new energy price cap. Read about this and more ...
news.sky.com/story/mortgage-rates-inflation-energy-price-cap-bills-latest-sky-news-money-blog-13040934
Quick Glance: Energy Prices Drop: Households Save £238
- The typical energy bill will drop to £1,690 from April, the lowest in two years under the new price cap set by the regulator.
- Lower wholesale prices have led to this decrease and aim to provide some relief for consumers.
- The price cap affects 29 million households in England, Wales, and Scotland, setting limits on gas and electricity prices.
- Despite energy costs remaining above pre-pandemic levels, measures are being taken to assist consumers.
Lloyds takes £450mn provision for FCA car finance probe: UK lender says ‘significant uncertainty’ remains as it sets aside higher than expected amount for bad ...
ft.com/content/2bcf29d6-2f47-4bd0-b7fe-58b4b7ee43bb
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Quick Glance: Lloyds Profit Soars Amid UK Uncertainty, Motor Finance Charge
- Lloyds Banking Group reported a 57% increase in annual profit despite economic challenges in Britain and a 450 million pound charge for potential costs from a regulatory review of motor finance.
- Lloyds reported a pre-tax profit of 7.5 billion pounds ($9.5 billion) for the 12-month period, up from 4.8 billion pounds the previous year and slightly above the 7.4 billion pounds average of analyst forecasts.
- Lloyds set aside 450 million pounds to cover possible redress claims linked to an ongoing regulatory review into suspected historic overcharging by car finance lenders and appointed former Banco Santander executive Nathan Bostock to its board.
Officials looking at Roblox and Fortnite for 'buyer beware' approach: The Consumer Financial Protection Bureau is monitoring video game stores ...
businessinsider.com/officials-looking-at-roblox-and-fortnite-for-buyer-beware-approach-2024-4
Five banks offer up to £220 to people who switch accounts in new Easter deals: Switching bank accounts could earn you some free cash this Spring.
dailyrecord.co.uk/lifestyle/money/new-bank-switch-easter-deals-32390128
Farage fires new salvo at Hunt over plan for NatWest share sale: Nigel Farage has told Sky News that his debanking row with the state-backed lender is "far ...
news.sky.com/story/farage-fires-new-salvo-at-hunt-over-plan-for-natwest-share-sale-13088438
Tesco Bank sold to Barclays in deal worth up to £1bn: Tesco and Barclays also form a strategic partnership that will see the bank offer Tesco-branded banking ...
news.sky.com/story/tesco-bank-sold-to-barclays-in-deal-worth-up-to-163700m-13067201
Quick Glance: Barclays Acquires Tesco Bank for £600mn
- UK lender buys majority of Tesco's banking operations
- Deal includes Tesco Bank's credit cards and personal loans
- 10-year distribution agreement for financial products under Tesco brand
- Transfer of 2,800 staff to Barclays
NatWest launches £200 switching bonus: NatWest has launched a new £200 bank account switching incentive, but how does it compare with other offers ...
which.co.uk/news/article/natwest-launches-200-switching-bonus-aLUcd8D2SRRM
50 Natwest branches to close immediately and half of them are in London: It's a further blow to customers who prefer in-person banking, after the banking ...
mylondon.news/news/uk-world-news/natwest-london-cloures-immediately-map-28909832
Barclays maps uncertain route to a simpler, stronger future: Barclays , unveiling its biggest revamp since 2016, sought to appease investors seeking a clearer ...
reuters.com/business/finance/barclays-maps-uncertain-route-simpler-stronger-future-2024-02-20/
Man reunited with his wallet after losing it 30 years ago: Fraser Gall was walking his dog along North Berwick's East Sands in Scotland when he spotted the ...
metro.co.uk/2024/02/19/this-30-year-old-wallet-washed-a-beach-will-take-back-time-20309338/
Lloyds takes £450mn provision for FCA car finance probe: UK lender says ‘significant uncertainty’ remains as it sets aside higher than expected amount for bad ...
ft.com/content/2bcf29d6-2f47-4bd0-b7fe-58b4b7ee43bb
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Power of attorney problems revealed: Which? survey of attorneys reveals the problems and the best banks for handling registrations
which.co.uk/news/article/almost-3-in-10-struggle-to-use-power-of-attorney-at-banks-and-building-societies-aedZr1O3JOzg
UK’s biggest banks set to record bumper annual profits amid high interest rates: Four major banks will report results for 2023 this week, after NatWest unveiled ...
inews.co.uk/inews-lifestyle/money/saving-and-banking/uk-banks-bumper-profits-high-interest-rates-2912258
JP Morgan sent to Coventry as Co-operative Bank deal nears: The building society has hired bankers from the Wall Street titan to help it secure a landmark ...
news.sky.com/story/jp-morgan-sent-to-coventry-as-co-operative-bank-deal-nears-13088358
Banks win hollow victory over would-be disrupters: Tesco planned its attack on British banking with precision. In mid-2008, as the global financial industry was ...
reuters.com/breakingviews/banks-win-hollow-victory-over-would-be-disrupters-2024-02-16/
NatWest unveils highest yearly profit for 26 years: Paul Thwaite is the bank's new boss replacing Alison Rose who resigned after a row over Nigel Farage's ...
bbc.com/news/business-68315019
Barclays eyes SocGen's UK private bank, sources say: Barclays is in the early stages of considering a bid for Societe Generale's UK private bank ...
reuters.com/markets/deals/barclays-eyes-socgens-uk-private-bank-sources-say-2024-02-15/
Edinburgh Dunard concert hall site cleared for construction: Sir Robert McAlpine began work this time last year managing the deconstruction a 1960s annexe of the ...
heraldscotland.com/news/24132872.edinburgh-dunard-concert-hall-site-cleared-construction/
Scotland economy near top of UK table, PMI survey reveals: Scotland is near the top of the UK table, a key survey has revealed
heraldscotland.com/news/24110812.scotland-economy-near-top-uk-table-pmi-survey-reveals/
NatWest board prepares to appoint interim boss Thwaite as Rose successor: The taxpayer-backed lender’s directors will aim to ratify on Thursday the appointment ...
news.sky.com/story/natwest-board-prepares-to-appoint-interim-boss-thwaite-as-rose-successor-13071682
Brexit, crisis 'hangover' keep UK bank shares undervalued, minister says: Shares of British banks are undervalued partly by lingering perceptions that they are ...
reuters.com/world/uk/brexit-crisis-hangover-keep-uk-bank-shares-undervalued-minister-says-2024-02-14/
Millions more in cash needed to fund UK’s open-banking watchdog: Exclusive: £10m needed for regulator charged with developing tools to thwart financial crime and ...
theguardian.com/business/2024/mar/17/millions-more-needed-fund-uk-open-banking-watchdog
Money latest: We finally settle that family argument about leaving the lights on: Leaving the lights on wastes a lot of money - or does it? We've got experts to ...
news.sky.com/story/money-latest-cheap-tips-for-keeping-house-warm-from-people-in-some-of-coldest-towns-on-earth-13040934
NatWest to pay out £350m bonus pot as ministers prepare share sale: The taxpayer-backed lender's bonus pool will be marginally lower than the £367m awarded a ...
news.sky.com/story/natwest-to-pay-out-350m-bonus-pot-as-ministers-prepare-share-sale-13069270
Macphie names new chairman as family boss stands down: Alastair Macphie, the chairman of the Scottish food ingredient firm Macphie, is stepping down this spring
heraldscotland.com/news/24176025.macphie-names-new-chairman-family-boss-stands/
Tesco issues urgent warning to shoppers over £18m worth of Clubcard vouchers: The supermarket chain issued a warning to its 20million Clubcard holders last month ...
derbytelegraph.co.uk/news/cost-of-living/tesco-issues-urgent-warning-shoppers-9089357
Here comes the next mis-selling scandal: St James’s Place is a posh London cul-de-sac that will forever be associated with the late Jacob Rothschild ...
spectator.co.uk/article/here-comes-the-next-mis-selling-scandal/
Alba Bank announces immediate departure of chief executive: Glasgow-based Alba Bank has announced the immediate departure of chief executive Rod Ashely after six ...
heraldscotland.com/news/24109059.alba-bank-announces-immediate-departure-chief-executive/
Which? reveals fewer than 30 banks left in East Lancashire: Fewer than 30 major high street banks remain in towns across East Lancashire as their closure rate ...
lancashiretelegraph.co.uk/news/24146689.reveals-fewer-30-banks-left-east-lancashire/
More bank closures on the way with 92 shutting in Scotland - check your area: Age UK has raised concerns that a lack of high street branches could leave older ...
dailyrecord.co.uk/lifestyle/more-bank-closures-way-92-32215590
British banks want Big Tech to pay up when people are scammed online: British banks are fed up with footing the bill for a tidal wave of fraud that originates ...
politico.eu/article/british-banks-want-big-tech-to-pay-up-when-people-are-scammed-online/
Martin Lewis says savers can get £200 free cash with two banks: The financial journalist told listeners to his BBC podcast about the switching offers with ...
coventrytelegraph.net/news/uk-world-news/martin-lewis-says-savers-can-28695525
Permanent and temporary staff recruitment fell in January, report finds: RBS study found permanent staff placements and temporary jobs fell steeply in January.
news.stv.tv/scotland/permanent-and-temporary-staff-recruitment-fell-in-january-report-finds
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