Criminals and scammers are taking advantage of young people's Covid-related financial troubles to hire them to unknowingly launder money, according to Cifas, the fraud prevention services.
Published 10 March 2021
Increasing the contactless payment spending limit could lead to a rise in thefts and fraud, consumer and finance figures have warned.
Published 8 March 2021
UK Finance has published detailed proposals for a new service company which will support the UK’s world-leading open banking infrastructure.
Published 3 March 2021
The UK's banking industry is set to abandon plans to establish an agency to collect overdue emergency COVID-19 loans.
Published 16 February 2021
New figures published by UK Finance show there were 130,000 mortgage payment deferrals in place at the end of December 2020.
Published 20 January 2021
UK banks lent twice as much to small and medium-sized businesses in the first three quarters of 2020 as in the whole of 2019 with gross lending to SMEs reaching £54 billion between January and September.
Published 8 January 2021
Mortgage approvals reached a 13-year high in November, according to figures released by the Bank of England.
Published 5 January 2021
UK banks are pushing the Treasury to increase the contactless payment limit from £45 to £100.
Published 5 January 2021
The Financial Conduct Authority (FCA) has extended its offering of payment deferrals for mortgage and consumer credit customers for the next six months.
Published 2 November 2020
The Financial Conduct Authority (FCA) is urging consumers struggling to make repayments due to the impact of coronavirus to speak to their lenders about options available to them.
Published 22 October 2020
The Financial Conduct Authority (FCA) has told banks and lenders to provide further support to homeowners who continue to face financial difficulties due to COVID-19 after the mortgage holiday scheme ends.
Published 27 August 2020
Over 1.23 million UK businesses have secured almost £53 billion of credit through the UK Government's emergency coronavirus lending schemes.
Published 19 August 2020
1.9 million mortgage payment deferrals have been offered to customers impacted by the coronavirus pandemic in the three months since the support scheme was launched, according to the latest figures released by UK Finance.
Published 19 June 2020
Card and contactless payments continued to increase in 2019, with card payments accounting for over half (51%) of all payments for the first time, according to the latest UK Payment Markets report from UK Finance.
Published 5 June 2020
The Financial Conduct Authority (FCA) has confirmed that holiday payments for mortgage customers will be extended until the end of October this year in a bid to combat the financial impacts of the coronavirus crisis.
Published 2 June 2020