The Latest Breaking News on Financial Services

Households and businesses nonetheless remain resilient, and the UK banking system is equipped to support them if conditions worsen.

The FCA said Monzo’s financial fraud systems and controls ‘failed to keep pace’ with its rapid growth in customers numbers in recent years.

The change has some users of BNPL loans worried, but financial experts say the move could benefit borrowers

Purchase spares chancellor potential embarrassment of the Spanish high street lender giving up on UK

Santander's acquisition of TSB for £2.9 billion could reshape UK banking, affecting 5 million account holders. Here's what it might mean

In February 2024, the Ministry of Finance ordered the State Bank of India to stop the printing of electoral bonds. This was 12 days after the Supreme Court declared the scheme unconstitutional. 

HSBC has raised its average gold price forecast for 2025 to $3,215 an ounce, up from $3,015, citing "elevated geopolitical risks, economic uncertainty, and rising government debt." The bank also increased its 2026 estimate to $3,125 an ounce from $2,915, while projecting a turbulent path ahead.

A Michigan bank robbery suspect was fatally shot by police after being lured to a window with a Faygo Red Pop delivered by drone.

A slow start to the year for consumers continues, with weaker-than-expected retail sales a sign of "scarring" from a spike in inflation.