Savings & Banking News

State pensions will rise by 3.9% from April of next year, above the rate of inflation and the largest increase since 2012. Single people receiving the basic state pension—those who reached state...

From January, Barclays will no longer allow its customers to withdraw cash from Post Office branches, a move which suggests the future of cash in the UK is under threat. Currently, customers of 28...

Communities without access to cash will be able to request a free-to-use ATM for their area, under a new scheme. Link, which oversees the UK’s network of cashpoints, is launching a £1 million fund to...

Fraudsters stole £616 million from UK bank customers in the first half of 2019, as the incidence of bank transfer scams, especially authorised push payment scams, rose. Of that total, £207.5 million...

More than 3,000 bank branches have shuttered in the last five years, while hundreds others have reduced their opening hours, fuelling concerns that elderly and vulnerable consumers are being left...

Millennials are more likely than any other age group to hand money to scammers, according to research from Lloyds Bank. People over 55 lose the most to fraudsters—an average of £10,716 per scam—but...

UK customers have rated Metro Bank as the country’s best current account provider, according to the Competition and Markets Authority. The latest Service Quality Survey from the CMA asked over 800...

NatWest is trialling a new voice banking feature via the Google Assistant, meaning customers could soon manage their finances just by speaking. British customers of the high street bank will be able...

For the first time in decades the Royal Mint has struck no new 1p, 2p, or £2 coins, reflecting changes in the way Britons pay for goods and services. 2018-19 was the first year since 1972 no new 1p...

A new report from the Commons has slated the pensions industry for hitting savers with hidden fees and has called for mandatory disclosure of all charges. Pensions funds have been “misinforming,...