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Daily Mirror

Business

Ruby Flanagan

TSB fined £48million over computer meltdown that left customers unable to access accounts

TSB FCA PRA

TSB has been fined nearly £48million over an IT meltdown in 2018 that left customers unable to access their online bank accounts for weeks.

The issue occurred after the high street lender moved customer data to a new computer system.

This transfer, however, saw TSB servers experience severe faults including branch, telephone and online banking.

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One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Brazilian students in Rio de Janeiro march against the prospect of another Bolsonaro presidency

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