Uk Finance

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. 

Over 1.23 million UK businesses have secured almost £53 billion of credit through the UK Government's emergency coronavirus lending schemes.

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.

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.

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.  The FCA has confirmed that customers still experiencing temporary payment dif

One in five Royal Bank of Scotland mortgage customers is receiving a three-month payment holiday.

The banking and finance sector has lent over £5.5 billion to SMEs through the Coronavirus Business Interruption Loan Scheme (CBILS) so far, according to the latest data from UK Finance.

The banking and finance sector has lent over £4 billion to SMEs through the Coronavirus Business Interruption Loan Scheme (CBILS) so far, according to the latest data from UK Finance.

UK lenders have given over 1.6 million mortgage payment holidays as of Friday 24 April 2020 to support customers facing financial difficulties due to coronavirus, UK Finance has revealed.

The banking and finance sector has lent over £2.8 billion to SMEs so far through the Coronavirus Business Interruption Loan Scheme (CBILS), according to the latest data from UK Finance.

The banking and finance sector has lent over £1.1 billion to SMEs so far through the Coronavirus Business Interruption Loan Scheme (CBILS), according to the latest data from UK Finance.

Lenders have provided over 1.2 million mortgage payment holidays to households whose finances have been impacted by COVID-19, UK Finance has revealed.

UK Finance has published comprehensive guidance for self-isolating financial services customers seeking to pay for essential goods.

Results from the second British Chambers of Commerce (BCC) Coronavirus Business Impact Tracker have revealed that most businesses have not yet successfully accessed the government’s Coronavirus Business Interruption Loan Scheme (CBILS) and the grants for small businesses.

From today the spending limit for contactless card payments has increased from £30 to £45 across the country, UK Finance has announced.