The British banking sector is experiencing an unexpected reversal in its decade-long retreat from physical locations. Major financial institutions are now committing to preserve existing branches and, in select cases,
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The Bank of England is preparing to announce wide ranging changes to the rules that require banks to hold capital as a safeguard against failure. This move, expected later in
Close Brothers, one of the United Kingdom’s leading car loan providers, has reported a staggering operating loss of £103.8 million for the six months leading up to 31 January. This
British banks have emerged as the standout performers among UK shares in 2024, capitalising on elevated interest rates that have significantly enhanced the sector’s profitability despite lingering concerns about domestic
British lenders might face a staggering £30 billion compensation bill due to the mounting car finance mis-selling scandal, according to leading credit ratings agency Moody’s. The estimate represents the highest
In a significant move to tighten communication controls, NatWest has implemented a comprehensive ban on WhatsApp usage for work-related communications. The British banking giant has also blocked several other messaging
Leading financial institutions have engaged in urgent discussions with the UK Treasury amid growing concerns about potential upheaval in the consumer credit sector following a groundbreaking court ruling on car
