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The Latest Breaking News from Monzo

'A Terrifying Experience:' MPs Reveal UK Banks Had 33 Days of IT Failures — And It's Getting Worse

Parliament data shows UK's nine biggest banks suffered 158 IT failures over two years. Fresh 2025 research reveals outages cost £600,000 an hour — and legacy systems continue to make matters worse.

International Business Times UK

Monzo down: Online bank not working properly amid ‘issues’

Monzo, the online bank, briefly stopped working properly on Tuesday.

The Independent UK

Why sticking with the same bank for years could be a costly mistake

Why it’s worth shopping around to get the best banking deal as millions miss out on thousands of pounds

The Independent UK

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How to do Martin Lewis-backed 1p savings challenge in 2026

Savers could put away over £600 almost without realising

The Independent UK

Sainsbury’s CEO among business leaders recognised in new year honours

Simon Roberts, credited with helping to turn around grocer, made CBE along with former BAE Systems boss Ian King

The Guardian - UK

Sainsbury’s boss named on New Year Honours list

Simon Roberts has been appointed a CBE after taking the helm at Sainsbury’s in 2020

The Independent UK

Sainsbury’s boss among business leaders named in New Year Honours list

Simon Roberts has been made a CBE for services to the retail industry.

Evening Standard

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Lime bikes, Oasis, Strawberries & Cream sandwiches, Kim Kardashian bras: How Londoners spent their money in 2025

Monzo online bank outlines spending habits of its customers

Evening Standard

Britons embrace AI and splurge on Skims in 2025, bank data shows

Spending data from digital bank Monzo sheds light on the shopping trends of its more than 14 million customers.

The Independent UK

Nationwide fined £44 million by watchdog after missing Covid fraud ‘red flags’

The building society had inadequate anti-financial crime systems and controls between October 2016 and July 2021, according to the FCA.

Evening Standard

Major UK bank to ‘double the salary’ of customers in new monthly payday draw

A select few account holders will see their salary matched

The Independent UK

Monzo hires Google executive to lead global growth as boss steps down

Current chief executive TS Anil said he spotted an ‘opportunity’ to bring Ms Layfield on board when searching for a new UK boss.

Evening Standard

BT ‘considering low-cost mobile brand’ as Revolut and Monzo plan launches

Move into budget market could involve creating new brand in-house or buying virtual network operator

The Guardian - UK

Future-Proof Your Money: 5 Next-Gen Digital Banks Redefining Personal Finance in the UK

Discover how five next-generation digital banks are redefining personal finance in the UK. Learn how Monzo, Revolut, Zopa, Tandem Bank, and Atom Bank are helping customers future-proof their money with smarter, faster, and more sustainable banking.

International Business Times UK

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news in one place.

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International Business Times UK

7 Challenger Banks That Are Outperforming High‑Street Banks in 2025

Explore seven challenger banks outpacing high‑street banks in 2025. From Monzo's transparency to Revolut's global reach, discover how these digital innovators are reshaping banking for the modern customer.

International Business Times UK

Is the HSBC Banking App Down? Here's What to Do If You Need Urgent Access To Your Funds

HSBC app outage left customers without access for five hours, highlighting risks of digital reliance as physical branches decline.

International Business Times UK

Digital Bank Monzo Enters the Mobile Market in the UK: What This Could Mean for Competitors

Digital bank Monzo is preparing to enter the UK's mobile market, signalling a major shift that could pressure established telecoms providers.

The Independent UK

Monzo plans mobile phone network in latest growth bid

The bank has around 13 million customers

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news in one place.

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Evening Standard

Monzo considers launching mobile service to rival major phone networks

The 10-year old lender confirmed it was in the ‘early stages’ of developing the idea.

The Guardian - UK

Monzo plans to launch UK mobile phone service

Move could increase competition among big phone providers and help diversify revenues for digital bank

Evening Standard

Digital challengers top banking customer satisfaction surveys

The results, which saw providers including Monzo, Starling, Chase and Mettle placed highly, are published by the Competition and Markets Authority.

The Guardian - UK

Sage iPhone for children review: ‘Would it make me want to divorce my parents?’

As a 16-year-old I can tell you that teenagers will feel disconnected using this internet-safe smartphone

International Business Times UK

Monzo Fined £21M After Customers Use Buckingham Palace as Their Address

FCA mentioned that Monzo's address verification controls were inadequate, as they failed to verify all beneficial owners and politically exposed persons (PEPs).

The Independent UK

The false customer addresses that landed Monzo with £21m in fines

IN FULL

The Independent UK

UK bank hit with huge fine for ‘anti-financial crime’ failures

IN FULL

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