Business Banking


CMA confirms full bank investigation

The Competition and Markets Authority has decided to move forward with a full scale investigation of the retail banking sector.

Current Accounts | 06 Nov 2014
The Co-operative Bank

Co-op launches public opinion survey to shape its future

The Co-operative Group has launched an online poll to help shape the future of the scandal-ridden organisation.

Savings | 17 Feb 2014
The Co-operative Bank

Co-op Bank scrambles to convince customers its ethical stance will survive

The Co-operative Group was scrambling late on Monday to convince the 4.6 million customers of its banking arm that its ethical stance could survive aggressive US hedge funds taking a stake in the troubled bank.

Current Accounts | 05 Nov 2013
The Co-operative Bank

Co-op Bank rescue deal to see 15% of branches closed

Co-op Bank has secured a rescue deal with creditors over the weekend which will see branch numbers reduced and staff redundancies, according to reports.

Savings | 04 Nov 2013

Friday newspaper round-up: Germany, Small businesses, Shell

Germany rebuffs US Treasury criticism; RBS pledges support to small businesses; Shell to resume Arctic drilling campaign.

Investments | 01 Nov 2013
Concept image of yellow smiley face balls

British financial firms' confidence at 17-year high

Optimism amongst Britain's banks and other financial firms is at its highest in almost 17 years, according to the latest quarterly CBI/PwC financial services survey.

Business Banking | 07 Oct 2013
George Osborne

Osborne seeks EU clearance to split RBS

The Treasury has applied for European Union (EU) approval to split up Royal Bank of Scotland (RBS), to smooth the process of carving up the state-owned lender.

Business Banking | 07 Oct 2013

Barclays reviews overdraft fees in bid to break from 'sins of the past'

Barclays is launching an unprecedented review of the overdraft fees and charges faced by nearly 12 million of its current account customers in a bid to make a decisive break from the "sins of the past".

Business Banking | 23 Sep 2013

TSB brand returns to the High Street

The TSB brand has returned to the UK financial services sector today after Lloyds Banking Group launched a new bank into the market.

Current Accounts | 09 Sep 2013

Buffett charity lunch sells for $1m

A private charity lunch with Warren Buffet has sold for $1m – less than a third of last year’s price.

Investments | 10 Jun 2013
Danny Alexander

Alexander: UK not heading for triple dip

The UK is not heading towards a triple dip recession, the Treasury chief secretary has said.

Business Banking | 10 Dec 2012
Royal Bank of Scotland

Monday newspaper round-up: RBS branches, BP, Virgin

RBS branch spin-off; BP share buy-back; Virgin Atlantic hits Scotland

Fund Performance | 19 Nov 2012

FSA demands inquiry over RBS IT failures

Financial Services Authority (FSA) chairman Lord Turner has promised an independent inquiry into an IT glitch that affected millions of Royal Bank of Scotland (RBS), NatWest and Ulster Bank customers in June.

Business Banking | 04 Sep 2012
amazon webservices reception

Brits would bank with Amazon and eBay

UK consumers are increasingly open to the idea of trusting non-banking brands with their financial needs.

Business Banking | 28 Aug 2012
Which logo

FSA to clamp down on ‘free’ banking

The Financial Services Authority (FSA) is to instruct banks to charge for current accounts, according to a report by consumer group Which?.

Business Banking | 21 Aug 2012

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