Savings & Banking News

Halifax will hand out £1.35 million in prize money to savers in June, a one-time “supersizing” of its monthly raffle that will give a boost to savers stung by high inflation and low interest rates.The...

From July, all but four Santander branch locations will shut at 3 pm on weekdays rather than 4:30 pm, a change driven by shifting consumer habits, the bank said.The bank operates 450 branches in the...

Customers contacting Nationwide about their mortgages or loans or about digital banking may soon have to pay to speak to an adviser as the building society announces plans to axe eight free helplines...

A shift entirely away from cash and towards digital banking would leave more than 10 million people struggling to cope and feeling like they've lost control of their finances, a new report...

The closing down of high-street bank locations continues, with the Lloyd Banking Group to axe 60 more high-street branches between June and September of this year.The banking group attributed the...

HSBC will shutter a further 69 branch locations this year, citing a shift to digital services accelerated by the pandemic.The bank said that fewer than half of its customers actively use its branch...

Reports of cash’s demise have been greatly exaggerated, as some consumers facing tight budgets turn back to the coins and notes they shunned during the pandemic, the UK’s ATM network found.A new...

Yet another tech glitch left Nationwide customers facing delays to send money on Monday, the fourth payment freeze to hit the building society since December.Nationwide Building Society confirmed on...

Premium bank accounts, offering insurance cover and other perks, attract some of the highest numbers of consumer complaints of any financial product, but the complaints are rarely upheld in favour of...

A botched systems upgrade at National Savings & Investment (NS&I) left hundreds of thousands of savers waiting up to six months for interest payments and Premium Bonds prizes, the...