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The Latest Breaking News from TSB Bank

TSB Bank suffers outage as regulators separately fine it for ‘woeful systems’

Customers were left unable to make or receive payments on Thursday, on the same morning that TSB was fined £10.9 million by the financial watchdog.

The Independent UK

TSB mobile banking app down: thousands of users report being locked out

TSB mobile banking app down: thousands of users report being locked out

Thousands are without access to TSB banking this morning

Evening Standard

‘Mortgage prisoners’ being forced to pay higher interest rates, High Court told

‘Mortgage prisoners’ being forced to pay higher interest rates, High Court told

The court in London was told that borrowers saw their initial lender, Northern Rock, collapse in the 2008 financial crisis

The Independent UK

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Meta urged to act on rising consumer fraud scams

Heightened fraud sees British bank outline steps for Meta to regain control of scams on its platforms.

Tell us: have you been scammed via Meta’s platforms in the UK?

We want to speak to people in the UK who have been defrauded via Instagram, Facebook and WhatsApp amid an uptick in online scams

The Guardian - UK

Thousands of mortgage holders 'could get extra money back' after High Court trial

Lawyers at the firm Harcus Parker are working to take action on behalf of customers who believed they were unfairly charged high mortgage rates

Small businesses need new model for growth in recession

A new report from Small Business Britain and TSB Bank has found that concerns about the economy is deterring small businesses from investing in growth, innovation and hiring new talent

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UK fines TSB Bank nearly £50 million for IT fail

UK fines TSB Bank nearly £50 million for IT fail

London (AFP) - British regulators on Tuesday said they had fined TSB Bank £48.7 million ($59 million) over an IT upgrade that left customers unable to access services.

TSB Bank fined nearly £50m after botched computer upgrade in 2018

TSB Bank fined nearly £50m after botched computer upgrade in 2018

The bank was attempting to switch over to a new IT system but the transfer went wrong. Regulators said there were "widespread" issues in how it handled customer data.

TSB fined £48m over IT migration meltdown; UK house prices ‘could fall 5%’ in 2023 soft landing – as it happened

TSB fined £48m over IT migration meltdown; UK house prices ‘could fall 5%’ in 2023 soft landing – as it happened

Nationwide says a ‘relatively soft landing’ in housing market is possible, while TSB is penalised for operational failings over botched move to new IT platform in 2018

The Guardian - UK

Former banker appointed as NHS chairman intends to donate salary to charity

Former banker appointed as NHS chairman intends to donate salary to charity

Former TSB Bank chair Richard Meddings CBE has been appointed as chairman of NHS England.

The Independent UK

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