Mortgage demand highest in six years
Demand for mortgages rose at the fastest pace in six years in the fourth quarter of 2013, according to data from the Bank of England.
Read more »Six million declined credit since 2010
Twelve per cent of adults in the UK have been turned down for credit in the last three years, research conducted by YouGov on behalf of Confused.com has found.
Read more »Business lending at highest level since 2009
Net lending to UK businesses rose by £2.5 billion in the month to September - the biggest monthly rise in lending since January 2009 - figures from the British Banking Association (BBA) have shown.
Read more »Interest rates need to rise, Saga chief tells Bank of England
Low interest rates are 'unhealthy for the economy' and are 'misleading borrowers', a former Government adviser has said.
Read more »Recurring payments now easier to cancel
Consumers will be able to cancel regular payments from their bank account by contacting their card provider as part of a move to simplify the banking system and better protect consumers, the Financial Conduct Authority (FCA) has said.
Read more »Bank lending falls by £300m in Q1
Net lending by banks under the Government's Funding for Lending Scheme fell by £0.3 billion in the first quarter of the year, data from the Bank of England shows
Read more »Resist pressure to add to QE, warns BCC
The chief economist at the British Chambers of Commerce has urged the Bank of England's Monetary Policy Committee to resist pressures to add to its quantitative easing programme.
Read more »FSA replaced by new financial regulators
The Financial Services Authority (FSA) has been replaced by two new regulatory bodies, which will aim to monitor financial institutions and better protect consumers.
Read more »Banking reform plans announced by Chancellor
UK banks will be forced to separate everyday high-street and retail banking operations from their investment arms under the Banking Reform Bill, announced by the Chancellor George Osborne.
Read more »Banks mis-sold 90 per cent of products to small businesses, says FSA
The Financial Services Authority (FSA) has confirmed that four major UK banks will start a full review into the mis-selling of products to small businesses, after it found that nine out of 10 sales did not meet regulatory requirements.
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