Savings & Banking News

The Royal Bank of Scotland is set to axe 200 jobs, as it joins several UK banks in scaling back the size of its high-street branch portfolio. According to data seen by the BBC and based on figures...

The Work and Pensions Secretary today revealed that it is very unlikely that women due to be hit by the increasing state pension age will receive any kind of concessions to soften the blow.The...

There’s been a lot of talk lately about how best to manage your pension, particularly since last year’s pension freedoms and this year’s Lifetime ISA have revolutionised the ways in which you can grow...

Following pressure from French and German ministers, the European Central Bank has decided that it will be discontinuing the €500 (£400) over concerns about its common link with criminal activity. The...

“Extreme levels of volatility” in the financial market have caused HSBC’s quarterly profits for the start of this year to drop by 14% compared to the same quarter in 2015. The first quarter of this...

Cementing the Bank of England’s anti-Brexit position, minutes from its Monetary Policy Committee’s latest meeting contain talk of uncertainty and slowing of economic growth that they feel would follow...

Business secretary Sajid Javid has announced that the government is considering “co-investing” on “commercial terms” with a potential buyer for Tata Steel’s plant in Port Talbot, South Wales. Javid...

Recently released research has claimed that continuous misconduct, and a belligerent sales culture has resulted in UK building societies and banks paying £53bn in legal fees, compensation and fines in...

The new tax year starts today and with it comes the new tax-free personal savings allowance, representing one of the most important shifts in savings for a long time. As of 6 April this year,...

Dedicated savings bank National Savings & Investments has announced that they will be cutting rates on a variety of their products including ISAs and direct savers as well as cutting prizes on...