Banking

Lloyds sent my £37,000 to the Duchy of Cornwall and I can’t get it back

Please help me track down my £37,700. In November 2023, ill health forced me to wind up my limited company and revert the business to sole-trader. My bank, Lloyds,...

Revolut founder sells shares ‘worth up to $300m’ in fintech company

The founder of Revolut, one of the most valuable technology companies in Europe, has reportedly sold shares worth...

Mandelson-backed Bank of London reveals £42m in fresh funding days after winding-up order

The Bank of London, the fledgling clearing bank backed by the Labour grandee Lord Mandelson, has announced it...

UK government links with Barratt and Lloyds for £150m housebuilding project

Barratt and Lloyds Banking Group have launched a £150m joint-venture with the government body Homes England that will...

HSBC on hiring spree to drive UK wealth division ambitions

HSBC is recruiting hundreds of bankers to serve rich clients in the UK as it looks to head...

Santander to insist UK workers are in office three days a week

Santander has joined the ranks of employers herding reluctant British workers back to the coalface, telling office staff they must turn up in person...

Labour’s first job is not to spend, but to fix the UK’s financial plumbing | Phillip Inman

Every time an upmarket home is bought in the UK, the new residents seem obliged to rip out the kitchen and install two bathrooms...

‘I couldn’t sleep’: victims of UK fraud epidemic tell their story

“I couldn’t sleep. I was waking constantly thinking about it,” says Stephen of the trauma he felt after discovering he had been scammed out...

Why is the UK slashing the maximum banks must refund to fraud victims?

Consumer groups have attacked a regulator’s decision to slash the planned maximum amount that banks will have to refund to UK fraud victims from...

UK reportedly poised to slash amount banks must refund to fraud victims

The UK is reportedly poised to slash the planned maximum amount that banks will have to refund to fraud victims – from £415,000 to...

Chase warns against using system glitch to filch cash: it’s ‘fraud, plain and simple’

The US banking giant Chase has made clear that taking advantage of a system “glitch” to extract cash was “fraud, plain and simple” despite...