Banking Archives | Page 8 of 15 | Gladstone Brookes

Blog Category: Banking


Digital-only banking boom predicted

Digital-only banking boom predicted

New research predicts that a quarter of all Brits will have a digital-only bank account within the next five years.

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RBS share buy-back could cost taxpayer millions

RBS share buy-back could cost taxpayer millions

A Royal Bank Of Scotland (RBS) plan to buy back more than £1 billion worth of its own shares from the government could mean the British taxpayer losing millions of pounds.

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Lloyds IT problems hit thousands of accounts

Lloyds IT problems hit thousands of accounts

Hundreds of thousands of customers of Lloyds Banking Group (LBG) have found themselves unable to make payments from their online accounts due to a computer glitch.

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Santander to close 140 branches

Santander to close 140 branches

Spanish-owned bank Santander has announced the closure of 140 of its UK branches, putting 1,270 jobs at risk.

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PPI payout heads for £34 billion

PPI payout heads for £34 billion

The total payout for mis-sold PPI is heading for £34 billion, just months before the PPI claims deadline in August.

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FCA to ban “Rip-off” overdraft fees

‘Rip-off’ overdraft fees to be banned by FCA

Britain’s financial regulator – the Financial Conduct Authority (FCA) – has announced proposals to ban ‘rip-off’ fees for unarranged overdrafts in a crackdown on the way banks levy their charges.

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2019 Financial dates for your diary

Financial dates for your 2019 diary

A lot is due to happen in 2019 – not least the PPI claims deadline on August 29th – covering everything from how much tax you’re charged, what you’re paid in benefits and how to switch mobile phone providers.

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Santander fined £32.8 million over ‘flawed’ bereavement services

Santander fined £32.8 million over ‘flawed’ bereavement services

Britain’s financial regulator has fined Santander £32.8 million for failings in its ‘flawed’ probate and bereavement services.

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PPI NEWS UPDATE – DECEMBER 2018

PPI NEWS UPDATE – DECEMBER 2018

PPI compensation breaks the £33 billion barrier

The total amount of compensation paid for the mis-selling of PPI by Britain’s financial industry has broken the £33 billion barrier.

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Britain’s banks pass ‘disorderly Brexit’ test

Britain’s banks pass ‘disorderly Brexit’ test

Seven of Britain’s high street banks and building societies have passed the latest Bank Of England stress test and proved they have the resources to survive a ‘disorderly Brexit’ scenario should it happen.

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