american banking news
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NatWest to close 43 branches – is your local bank on the list?
NATWEST is to close 43 bank branches across the UK in the latest round of closures revealed by the bank.…
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How to tell if your new £20 note is a ‘rare’ one worth hundreds of pounds
AVID coin collector don’t just stop at coins, some even find rare bank notes – and you could be in…
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Bank warning for customers as £100m stolen and never returned – how to avoid
IT’S emerged that UK banks have failed to return more than £100million stolen from customers by scammers. New figures show…
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Martin Lewis urges savers to ditch ‘waste of time’ account
MILLIONS of savers should ditch their cash ISAs, according to Martin Lewis. The founder of MoneySavingExpert.com said that while cash…
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Martin Lewis’ Money Saving Expert reveals how to get £175 free cash
A MAJOR high street bank is offering customers free cash to switch their current accounts, but the deal ends tomorrow.…
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Full list of bank branches closing this month including Barclays and Lloyds
THOUSANDS of bank customers face having their local branch close within weeks as 57 locations are to shut forever. The…
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Barclays to refund customers £750 each for PPI mistakes – see if you’re affected
BARCLAYS will refund some customers up to £750 each because of PPI mistakes. Over a thousand people who banked with…
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Major bank to extend interest-free overdrafts to help with cost of living
A MAJOR high street bank is offering customers a larger interest-free overdraft to help in the cost of living crisis.…
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Ministers play down fears new ‘Britcoin’ will herald the end of cash
Ministers have taken another step towards creating a ‘digital pound’ – but played down fears it could herald the end…
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Martin Lewis issues ‘danger’ warning over banking mistake – how to avoid it
MARTIN Lewis has issued an urgent “danger” warning over a common banking mistake – but you can avoid it and…
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Millions of Brits warned your bank’s app is not safe – see where yours ranks
VIRGIN Money’s online banking app has been voted as the least secure, according to a cyber investigation by Which? The…
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BoE chief warns interest rates are likely to rise again
Interest rates are likely to rise again, a Bank of England chief warned today – despite surging borrowing costs and…
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All the other ways you can access your cash as bank branches close
THOUSANDS of bank branches and cash machines have vanished in the past decade. Last month, amid a fresh wave of…
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MPs accuse mortgage lenders of profiteering as they raise interest rates by MORE than 0.25 per cent
MPs have accused mortgage lenders of ‘profiteering’ from the cost of living crisis as some lenders increase interest rates by…
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Interest rate rise tips the balance on renting vs buying
Renting has become cheaper than buying a property after last week’s Bank of England interest rate rise, new research has…
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Inflation creeps up AGAIN to 9.1 PER CENT putting more pressure on families
The brutal squeeze on families was underlined today after inflation crept up again. The headline CPI rate increased from an annual…
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Britons are warned to use £14.5bn worth of paper banknotes before shops start rejecting them
Check down the back of your sofas! Britons are warned they have just 100 days left to spend £14.5bn worth…
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UK suffering harsher downturn than other countries and it could last longer, Bank of England warns
Britain is suffering a sharper economic slowdown than any other country in the West… and it could last longer too,…
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ALEX BRUMMER: Why does the Bank of England chief keep talking Brexit Britain down?
From EU officials to the New York Times and Left-wing British media including the BBC and the Guardian, talking down…
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City law firm Herbert Smith Freehills hands junior solicitors 24% pay rise to salary of £120,000
A top UK law firm has increased its base salary for newly qualified lawyers by 24 per cent since December…
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Bank of England warns of more pain ahead for families amid squeeze on finances
The outlook for the economy has ‘deteriorated materially’, the Bank of England has warned, as interest rates rise to tame…
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Bank of England swipes back as Tory candidate Tugendhat blames inflation crisis on QE ‘sugar high’
The Bank of England Governor today hit back at Tory leadership candidate Tom Tugendhat over his claim that Threadneedle Street’s…
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Inflation may hit 15% this winter, as Bank of England hints considering steeper interest rate rises
Inflation may hit 15% this winter, as Bank of England hints it was considering steeper interest rate rises to cool…
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Liz Truss ally Suella Braverman says she will review Bank of England’s independence to set rates
Liz Truss would look at whether the Bank of England‘s current arrangements are ‘fit for purpose’ if she becomes prime…
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UK interest rate rise: How much will your mortgage go up by?
Britons were today already suffering financial pain after the Bank of England raised interest rates by 0.5 per cent to…
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Resolution Foundation says inflation could hit 15% by 2023
Inflation could peak at 15 per cent at the start of next year, experts warned today amid concerns over a…
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Andrew Bailey accused of being asleep at the wheel as inflation set to hit almost seven times target
The banker who is running out of credit: Andrew Bailey is accused of being asleep at the wheel as inflation…
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DAILY MAIL COMMENT: Families will pay the price of soaring wages
DAILY MAIL COMMENT: Families will pay the price of soaring wages By Daily Mail Comment Published: 18:23 EST, 4 August…
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Nadhim Zahawi and Simon Clarke were both away from Whitehall when interest rate rise was announced
Chancellor and his deputy are nowhere to be seen! Nadhim Zahawi and Simon Clarke were both away from Whitehall when…
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UK recession: Bank of England interest rates rise and inflation will hit 13 percent
The UK will collapse into a year-long recession by the end of 2022 – its longest since the 2008 financial crisis…
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Mortgage interest rates: Families on fixed rates face paying thousands more
Millions of homeowners are facing a ‘mortgage time bomb’ as their fixed-rate loans come to an end, experts have warned, after…
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Liz Truss plans September budget if she wins power to unleash the “full advantage” of Brexit
Liz Truss could bring in a sweeping round of tax cuts before the end of September as she insists a…
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DAILY MAIL COMMENT: Floundering Bank of England governor needs to grip the tiller
DAILY MAIL COMMENT: Floundering Bank of England governor needs to grip the tiller By Daily Mail Comment Published: 20:10 EST,…
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UK recession: Bank of England governor Andrew Bailey denies he was ‘asleep at the wheel’
Bank of England Governor Andrew Bailey today denied claims he had failed in his job and vowed not to quit for…
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Bank of England governor is slammed following doom-laden UK forecast
Bank of England governor is slammed for ‘adding to sense of panic’ following doom-laden UK forecast Beleaguered banker Andrew Bailey is…
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Boris Johnson REFUSES to take action to ease cost-of-living pain before quitting No10 in A MONTH
Boris Johnson REFUSES to take action to ease cost-of-living pain before quitting No10 in A MONTH: PM returns from honeymoon…
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MPs want probe into collapsed scheme that lost families millions – after FCA ‘ignored warnings’
MPs and peers are demanding an inquiry into the collapse of a property investment scheme that lost devastated families their…
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Inflation surges to another 40-year high of 10.1%
Ministers and the Bank of England are facing fury at the lack of a plan to ease the cost-of-living ‘nightmare’…
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Double trouble for families as experts warn Bank of England could increase interest rates by 100%
Double trouble for families as experts warn Bank of England could increase interest rates by 100% after inflation hits highest…
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Bank of England’s interest rate hike: Homeowners tell of their misery
Homeowners and house hunters told MailOnline of their misery today as the Bank of England hiked interest rates to a…
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Interest rate rise UK: BoE hikes rates… but is that as bad as it gets?
Mortgage-payers face more pain today after the Bank of England hiked interest rates again – but hinted that the worst…
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Mortgage warning for millions as interest rates hiked to 14-year high today
THE Bank of England has raised its base rate in a blow for millions of households. The rate was hiked…
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Pound dips to 37-year low against dollar as City weighs Liz Truss’s cost of living plan
Pound dips to 37-year low against dollar as City weighs Liz Truss’s cost of living plan and Bank of England…
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UK interest rates: BoE admits UK is probably already in recession
The Bank of England heaped more misery on families today by pumping up interest rates to combat rampant inflation – as it…
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ALEX BRUMMER: Interest rate rise is a boost for savers, but should the BoE have gone further?
ALEX BRUMMER: Interest rate rise is a boost for savers, but should the Bank of England have gone further? By…
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Praise for Kwarteng’s bold £45billion package of tax cuts but Chancellor admits UK is in RECESSION
Dragons’ Den star welcomes ‘great scrap’ of higher tax rates A business owner who won the approval of Dragons’ Den…
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When do the old £20 notes expire?
Post Office prepares for deluge of customers handing over old-style £20 and £50 notes as deadline looms September 30 is…
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Kwasi Kwarteng tells investors he is ‘confident’ his tax-cutting mini-Budget ‘will work’
Kwasi Kwarteng attempted to calm rattled City investors today saying he is confident his mini-Budget ‘will work’ despite it sending…
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ALEX BRUMMER: His response to the financial crisis has seen Andrew’s Bailey’s authority drain away
This week, the Government’s enemies have been determined to blame the volatile pound on Liz Truss and her Chancellor Kwasi…
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Expert issues warning amid fears rates could hit 5.5% by November as hundreds of deals axed already
Bank experts have warned of mortgage chaos for homebuyers amid fears that rates could reach 5.5 per cent by November…
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