The Latest Breaking News on Financial Services

Why Australian households are divided when it comes to financial pressure, and economists are divided on the outlook

Economists are divided on how well households will weather the storm of rent rises, soaring home loan rates and rising prices, just as Australians are divided in how much financial pressure they're under.

ABC News · May 30, 2023

New discount shop broken into less than two weeks after opening

The owner of the 'discount supermarket' worried he would need to sleep in the shop to prevent further break ins

Wales Online · May 30, 2023

Scots pensioner and business owner lose £410,000 in telephone banking scam

The pensioner was initially asked to transfer £20,000 to an account provided by the scammer before agreeing and being encouraged to set up internet banking.

Daily Record · May 30, 2023

Social media sites are wild west for shopping fraud, says UK bank

Firms ‘should contribute to refunds’ as two-thirds of online scams now originate in Facebook and Instagram

The Guardian - UK · May 28, 2023

UK mortgages: ‘How did a £42,500 loan turn into a £477,000 debt?’

A Bank of Scotland offshoot faces questions over loans that shared in the rise in a home’s value. We talk to one of hundreds of families affected

The Guardian - UK · May 27, 2023

Map of where high street banks are closing in Merseyside

Our special tool shows you the areas where banks are due to shut down

Liverpool Echo · May 27, 2023

NatWest teams up with Warwick Manufacturing Group for new green business initiative

WMG runs programme identifying energy use among businesses which will now be rolled out to bank's customers

Birmingham Post · May 26, 2023

Credit Suisse owes millions to Georgia's billionaire ex-prime minister, court says

A Singapore court says Credit Suisse owes billionaire and former Georgian Prime Minister Bidzina Ivanishvili hundreds of millions of dollars for failing to protect his money in a trust pilfered by a manager

The Independent UK · May 26, 2023

Probability That US Banks Will Restrict Cash Withdrawals Is ‘Rising Like Mercury’

The hedge fund manager foresees a change in the banking industry after a chain of events in the banking collapse.

Zenger · May 25, 2023

Whitley Bay HSBC branch could be given new lease of life as flats

Fears of a derelict building in Whitley Bay town centre may be quelled if the development goes ahead

Chronicle Live · May 25, 2023