The number of consumers using their smartphones to run their bank accounts has soared in recent years.
Together with internet banking, they have been blamed by many of the high street banks for the need to close branches across the country as customers change the way they handle their money.Read More
Lloyds Banking Group (LBG) and Virgin Money have banned their customers from buying Bitcoins with their credit cards.
Lloyds Banking Group (LBG) has announced the axing of more than 900 jobs in the latest phase of its shake-up across the business.
Britain’s high street banks shed almost a thousand branches in 2017.
People have lots of reasons for not making a PPI claim and at Gladstone Brookes, we hear them all.
Some have been too busy to make a claim and others – like 19% of those surveyed by Which? recently – think that the potential amount of compensation is not worth the effort.
Lloyds Banking Group (LBG) have added £1.05 billion to their PPI provision in just six months and admitted even that may not be enough.
Lloyds Bank has finally been re-privatised and the sale of the last few shares made them a £894 million profit on the deal.
The government sold its last block of taxpayer-owned shares nine years after Lloyds Banking Group (LBG) was bailed out with £20.3 billion for a 43.4% stake in the bank.
Chancellor Philip Hammond has admitted that the government could face a multi-billion pound loss by selling off its 73% stake in the Royal Bank Of Scotland (RBS).
Mr Hammond has told MPs that ‘we have to live in the real world’ in returning the taxpayer-owned bank to private ownership.Read More