Banking

A new report by Santander has found that a ‘green premium’ based on energy efficiency is emerging in the UK’s property market. The study, Buying into the Green Homes Revolution, which surveyed more than 2,300 UK based homebuyers and owners, estate agents and mortgage brokers,

Barclays is rolling out a new cashback without purchase service, creating thousands of new locations for consumers to withdraw cash for free. This is the first time a UK bank has launched its own cashback without purchase service, made possible by Barclays’ payments franchise and UK retail ban

Chancellor Kwasi Kwarteng has called bank chiefs to Downing Street to address issues with mortgages after uncertainty in the mortgage market led rates to soar to a 14-year high of 6%. The increase in rates also triggered a flurry of mortgage agreements being withdrawn by lenders.

A new report released today by Barclays Corporate Banking reveals that click-and-collect shopping will be worth £2.55 billion in Scotland this year, representing 38.4% of retail income north of the Border. This growth follows the broader national trend, that has seen the click-and-collect econ

Eilidh Mactaggart, the former chief executive of Scotland's state-backed investment bank, The Scottish National Investment Bank (SNIB), was paid more than twice as much as First Minister Nicola Sturgeon. The SNIB's first year results have revealed that Ms MacTaggart received almost £350,000, d

UK private bank Hampden & Co has added to its banking team with the appointment of Kevin Eagles and Alistair Macpherson as banking directors, with Mr Eagles based in London and Mr Macpherson in Edinburgh. Mr Eagles has worked in banking for 33 years in roles with Lloyds Bank, Weatherby’s P

In September, annual house price growth slowed to single digits for the first time since October last year, according to the latest Nationwide House Price Index.

Business confidence in Scotland rose 10 points during September to 15%, ending three consecutive months of decline, according to the latest Business Barometer from the Bank of Scotland Commercial Banking.

More than one million U.K. customers now bank with Chase, the consumer and commercial banking business of JPMorgan Chase & Co, just 12 months after opening its digital bank in the U.K.

Over ten banks and building societies have removed over 1000 mortgage products and limited other products amid economic uncertainty and fear of an imminent interest rate hike.

TSB has warned of a rise in cost-of-living scams, as accompanying research revealed that a £500 fraud loss would leave three fifths of households struggling to afford food for over a week.

The British Business Bank’s Start Up Loans programme has been expanded in order to provide vital support to Scottish start ups during a challenging economic period. The programme now includes start ups that have been trading for up to three years and second Start Up Loans are now availabl

Citi Group has announced that it is proposing to focus its UK personal banking and wealth management business on select wealth clients, effectively closing down its retail banking services to the general public. This proposal would enable Citi to focus on clients requiring comprehensive advice on ma

Royal Bank of Scotland is offering £175 to new and existing customers switching their main current account to the bank and increasing the interest rate on their Digital Regular Saver account to 5%.

The Bank of England (BoE) has raised interest rates again, from 1.75% to 2.25%, as it attempts to curb rising inflation and return to its standard 2% target. The vote was close as the bank’s Monetary Policy Committee (MPC), by a majority of 5-4, passed the measure to increase the bank rate by