The Latest Breaking News on Financial Services

76% annual jump in current accounts being switched

A total of 338,194 switches took place using the Current Account Switch Service between April and June.

The Independent UK · Jul 27, 2023

Who is Peter Flavel? Coutts CEO who lost his job over Nigel Farage banking row

Natwest CEO Dame Alison Rose’s resignation ‘not enough’ says former UKIP leader as he calls on whole board to quit

The Independent UK · Jul 27, 2023

Resilient, but just: On the IMF’s economic outlook and lopsided growth

That there needs to be a concerted global debt resolution initiative to help highly indebted countries from sliding into debt distress cannot be ignored

The Hindu · Jul 26, 2023

Farage blames ‘woke capitalism’ for his row with Coutts, but banks aren’t woke. Their obsession is profits

Like many corporations, they make virtuous statements, but for the most part they hide behind a cloak of ethical humbug, says Larry Elliott, the Guardian’s economics editor

The Guardian - UK · Jul 26, 2023

Farage account closure risks ‘undermining efforts to tackle financial crime’

THE UK Government risks undermining money laundering rules if it makes knee-jerk decisions after Nigel Farage’s bank account closure, experts say.

The National (Scotland) · Jul 26, 2023

From sold-out Adele tickets to an elephant for your wedding: the perks of banking with Coutts

Private bank offers exclusive services to its wealthy clients, who include Emma Watson and Stormzy

The Guardian - UK · Jul 26, 2023

What is the Nigel Farage row about and what does it mean for me?

Ministers are pressing ahead with accelerated reforms to give customers more rights on so-called de-banking.

The Independent UK · Jul 26, 2023

Who is Peter Flavel? Coutts CEO under fire over Nigel Farage banking row

Natwest CEO Dame Alison Rose’s resignation ‘not enough’ says former UKIP leader as he calls on whole board to quit

The Independent UK · Jul 26, 2023

Dead-of-night departure of NatWest boss Dame Alison Rose rocks the City

Shares in turmoil-hit bank fall and furore keeps growing after Dame Alison Rose’s resignation as NatWest’s chief executive

Evening Standard · Jul 26, 2023

Lloyds braces for loan losses as borrowers face £360 monthly mortgage jump

The banking group revealed its half-year profit increased by more than a fifth compared with last year.

The Independent UK · Jul 26, 2023