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The Latest Breaking News from Link

Over 5,000 bank branches have closed since 2015, Which? finds

Which? counted 5,162 bank and building society branches that have closed since January 2015

Wales Online

More than 5,000 bank and building society branches closed since 2015 – Which?

Cash remains vital for a significant number of people, consumer campaigners said.

The Independent UK

Mighty 5,000 banks have closed in 7 years with millions at risk of being cut off

Research by Which? revealed thousands of branches have closed across the UK since 2015 with a further 206 set to close by the end of next year as digital becomes king

Daily Mirror

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Where it is hardest to use cash as half have been denied spending real money

In part of the UK 55% of people say they have been somewhere where they were couldn't spend real money, and had to pay by card

Wales Online

New research sparks ‘creeping non-acceptance’ concerns about cash

Nearly half of people have recently been somewhere where cash has not been accepted or has been discouraged, according to a survey.

The Independent UK

Wi-Fi 6E vs Wi-Fi 7: What’s the difference?

Wi-Fi 7 routers are now available with even faster speeds but Wi-Fi 6E routers still offer plenty of advantages over ones using previous Wi-Fi standards.

Tom’s Guide

Parking company 'handing out fines like confetti' outside homes

"In this time when the prices of everything are going up, they’re just taking as much money as they can get.”

Bristol Post

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Queensland's high-tech plan to make the 2032 Brisbane Olympic Games smarter and greener

With Brisbane to host the 2032 Olympic Games, Queensland is accelerating “smart” and “green” infrastructure projects right across the coast from Coolangatta to Coolum.

The Conversation

Cash machine use jumped 12% on Tuesday thanks to free Government money

People were rushing to check on or withdraw their payments

Wales Online

Three passengers on Link Airways flight assessed for minor injuries after incident at Canberra Airport

A strap used to secure a propeller overnight was not removed and pierced the side of the plane shortly after take-off.

ABC News

Cost of living event to take place in Airdrie

Advice will range from energy bills and employment to budget cooking and caring for pets

Daily Record

Four new locations for banking hubs which share facilities revealed

Banking hubs are similar to traditional bank branches but spaces are shared.

The Independent UK

Hargreaves Lansdown facing lawsuit over Neil Woodford fund collapse

The Bristol-based company is being sued by claims management business RGL on behalf of 3,200 investors who lost money

Birmingham Post

Woodford fund investors could be in line for £306m in compensation

FCA orders fund’s administrator, Link, to ringfence sum as part of conditions related to its takeover

The Guardian - UK

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The Guardian - UK

More ‘banking hubs’ to open across UK to tackle branch and ATM closures

Additional 13 hubs will bring total to 25, where customers of almost any bank can carry out transactions

Insider UK

Four more banking hubs announced for Scotland

Last year's pilot project in Cambuslang has proved very popular with the local community

Chronicle Live

You might soon have to pay to withdraw money with 70% of free cash machines set to close

Notemachine - which operates ATMs across the UK - warns that funding cuts are leaving firms with 'no option' but to charge customers for their own cash, meaning 37,000 free-to-use machines may soon disappear.

Daily Mirror

Skyrocketing costs to force closure of 70% of free ATMs as operatures hit by crunch

Operator Notemachine warns funding cuts could leave firms with “no option” but to charge customers, meaning more than 37,000 free-to-use machines may disappear

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Insider UK

CR Smith wins £8 million housing association contract

Replacement windows will be provided over the next four years

Daily Record

Fuel poverty explosion sees 300% rise in appeals for help from Scots tenants

A spokesperson for Link Housing, which houses 15,000 Scots, said the hardship levels are unprecedented.

Benzinga

The Impact of FUD On The Crypto Market: Time To Fight Back

Fear, Uncertainty, and Doubt, or FUD, is a big problem in the cryptocurrency industry. As CEO of one of the industry-leading crypto exchanges, I often have to be prepared for dealing with rumors, misinformation and bias, and understand how all of these developments affect the broader crypto industry.

Daily Record

Summer fun day success!

The event was held at Bathgate Thistle football club’s Creamery Park

The Independent UK

One in 10 trying to save cash ‘intends to make fewer contactless payments’

The contactless card spending limit for a single transaction was increased to £100 from October last year.

Birmingham Post

Welshpool to get new shared bank hub to protect access to cash

The new banking hub for the Powys town has been approved by LINK

Daily Record

Bank of Scotland, HSBC, Lloyds and more closing 90 bank branches - see full list

Banks say online banking has become more favourable with customers than in-person branches.

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