Savings & Banking News

Customers of some of the country’s largest banks are urged to be vigilant following reports of scam text messages purporting to be security alerts from their banks.The Chartered Trading Standards...

Santander will close 111 high street locations by August after the pandemic accelerated a shift to mobile and online banking.The Spanish-owned bank has seen foot traffic at its more than 500 branch...

Two in five customers who tried to telephone National Savings and Investment (NS&I) last autumn gave up because they couldn’t get through, executives of the Treasury-backed bank have admitted to...

TSB is launching a new rewards current account that treats customers who make 30 debit card payments a month online or in stores to £5 cashback.TSB’s Spend & Save Plus account costs £3 per month,...

M&S Bank will shutter its current accounts and regular saver and close in-store branches this summer, as it pivots to focus on credit cards and other financial services.All current accounts with...

While the coronavirus crisis decimated the earnings and savings of some Britons, others took advantage of the months spent at home to squirrel away some cash.With commutes suspended, holiday plans...

Bereaved families are facing long delays and costly administrative errors by banks as they try to settle their loved one’s finances, Which? magazine found.The consumer organisation surveyed 1,600 of...

The government should require banks to let customers block all gambling transactions, digital bank Monzo has recommended in a letter to ministers jointly written with campaigners and addiction...

A third of homeowners missed out on savings by failing to negotiate on the price of the property, Barclays has found.The bank surveyed 2,000 people about their experience purchasing their home and...

The death knell may be ringing for paper receipts, as Barclays launches a service that sends digital receipts directly to customers’ smartphones.Barclays is partnering with fintech startup Flux, a...