Category : Banking


HMRC Can Now Raid Bank Accounts for Unpaid Tax

HMRC gains controversial new authority to directly recover unpaid tax debts from millions of bank accounts without court orders, raising serious concerns about financial safeguards and taxpayer rights.

Australian Banks Slash Thousands of ATMs Amid Cash Decline

Westpac, Commonwealth Bank and ANZ are dramatically reducing their ATM networks across Australia as cash transactions plummet, leaving regional communities and vulnerable customers concerned about access to essential banking services.

Gen Z Abandoning Banking Careers for Entrepreneurship

London's financial institutions face a talent crisis as Generation Z workers reject traditional banking roles in favour of entrepreneurial ventures and flexible work experiences, according to industry leaders.

Australian banks ignore customer hardship requests

Exclusive investigation reveals major Australian banks are systematically failing customers in financial distress, with thousands of hardship requests going unanswered as cost-of-living pressures mount.

BNP Paribas sued over al-Bashir millions

French banking giant BNP Paribas confronts explosive legal action in New York for allegedly processing $150 million for ousted Sudanese dictator Omar al-Bashir, accused of genocide and war crimes.

UK Banks Investigated Over Motor Finance Commissions

Major British banks including Barclays, Lloyds and Santander face regulatory scrutiny over controversial motor finance commission arrangements that could trigger significant compensation payouts.

Banks Cut 0% Interest Periods on Credit Cards

Major UK banks are dramatically reducing interest-free periods on balance transfers, leaving borrowers with higher costs. Discover how this shift affects your finances and what alternatives remain.

KPMG consultant leaked Bank of England rate data

Exclusive investigation reveals how a senior KPMG consultant improperly obtained and shared confidential Bank of England interest rate information, sparking regulatory scrutiny and raising serious questions about financial sector integrity.

Banks sued over Epstein's financial network

Major US banks face explosive lawsuit alleging they knowingly facilitated Jeffrey Epstein's sex trafficking empire through suspicious financial activities spanning decades.

Credit Suisse Faces High Court Over Mozambique Scandal

The Swiss banking giant confronts fresh legal turmoil as the High Court greenlights a landmark case over its role in Mozambique's controversial $2 billion loan scandal that crippled the African nation's economy.

Bank closes Palestine activists' account

A couple campaigning for Palestinian rights have had their joint account abruptly closed by Yorkshire Building Society, raising concerns about financial discrimination against activists.

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