UK Finance News

The chief executive of the British Bankers’ Association, Angela Knight has spoken out in defence of high street banks who have been under increasing pressure to make more funds readily available for small and medium sized businesses in the UK.
In an article on the BBC news site Knight reiterates the recent findings of the Bank [...]

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It is still early days for the new coalition government to get tough with high street banks, but according to recent research the traditional UK banking sector is still not fulfilling its promise to make more funds available to small businesses.
The Forum of Private Business claims that business owners are finding it more difficult than [...]

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Although ninety percent of the UK adult population believe they are good at handling personal finances, a recent survey by Capital One suggests that their confidence does not always add up.
The research shows that over 50% of credit card holders for instance have not reviewed their monthly payments or balance in the last year.
That figure [...]

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Metro Bank will open its first branch in Central London on July 29th.
Britain’s first new high street banking group since the 19th century will open its doors on Thursday promising a return to traditional banking practises from its ultra modern premises.
The flagship branch is the first of twelve planned openings across Greater London during the [...]

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The new UK coalition government announced today that it would focus on reducing the record deficit running at 11% GDP as a priority during their elected term.
“The deficit reduction programme takes precedence over any of the other measures in this agreement, and the speed of implementation of any measures that have a cost to the [...]

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