Category : Banking


NatWest to close 26 bank branches in 2024

High street giant NatWest Group announces another wave of closures, shutting 26 branches across England, Scotland, and Wales in 2024, citing a dramatic shift to online banking.

TSB Banking App Crashes in Major Nationwide Outage

TSB's mobile banking app and online services have been hit by a major outage, leaving frustrated customers unable to access their money. The high street bank is investigating the technical meltdown.

HSBC ordered to repay £50k after pensioner scam failure

A retired NHS nurse from London lost her entire life savings in an authorised push payment scam. The Financial Ombudsman Service has now ruled HSBC must refund Katrina Harrison £50,000 after the bank's security systems failed to prevent the fraud.

NatWest to Shut 55 UK Bank Branches in 2024

NatWest Group has confirmed it will shut down 55 of its high street branches across the UK in 2024, citing a major shift towards online and mobile banking. This move impacts communities from London to rural Scotland.

UK Bank Shares Plunge on Budget Windfall Tax Reports

UK banking stocks suffered a dramatic sell-off following reports that Rachel Reeves is considering a new windfall tax on lenders in the upcoming autumn budget. The proposal, aimed at funding national priorities, sent shockwaves through the financial secto

HSBC and First Direct Hit Major Online Banking Outage

Thousands of HSBC and First Direct customers across the UK were unable to access their online and mobile banking services due to a significant technical outage, with the bank issuing an apology and working to resolve the 'ERR03' error.

HSBC Banking App Crashes, Locking Out Thousands of UK Users

Thousands of HSBC UK customers were left unable to access their money as the banking giant's app and online services suffered a major crash. Frustrated users took to social media to report issues with logins, transactions, and balance checks.

Who is Lisa Cook? The Economist Reshaping US Policy

An in-depth look at the life and career of Dr Lisa Cook, the pioneering economist making history at the Federal Reserve. Discover her journey from academic excellence to shaping global economic policy.

Lloyds Slashes Free Overdraft Buffer to £50

Lloyds Banking Group is dramatically reducing its interest-free overdraft buffer from £300 to just £50 for millions of customers from November, a move experts warn will hit struggling households hardest.

NatWest & Halifax Shut 39 Bank Branches

Major banking giants NatWest and Halifax announce the closure of 39 UK branches in 2025, citing a dramatic shift to online banking. Full list of affected locations and what it means for customers.

Shark Tank Chef Sues Wells Fargo for Discrimination

Celebrity chef Shawn Davis, famed for his Shark Tank success, files a multi-million dollar lawsuit against Wells Fargo, alleging systemic racial discrimination and wrongful termination after reporting fraudulent activity.

Lloyds Manager Jailed for £2.4m Elderly Fraud

A former Lloyds Bank manager from Derby has been sentenced to prison after orchestrating a sophisticated fraud, stealing £2.4 million from elderly and vulnerable customers over a seven-year period.

Savings Crisis: 75% of Top Accounts Vanish

Exclusive analysis reveals a savings crisis as the number of best-buy accounts plummets by 75%, costing UK households billions in lost interest amid the inflation squeeze.

Trump-Appointed Fed Governor Lisa Cook Resigns

Federal Reserve Governor Lisa Cook, a historic appointee, announces her resignation effective July 15th. Her departure follows a contentious tenure marked by political attacks from Trump allies and unsubstantiated fraud allegations.

DWP confirms bank account check date

The Department for Work and Pensions (DWP) has announced the date when it will start checking bank accounts of benefit claimants. Find out how this could affect you.

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