News

Spanish bank says it has no "current plans "to float its UK arm

Money Insider: Longest not always best in credit card war

The battle between credit card companies striving to offer the longest zero per cent term for balance transfers has moved up a notch in the past four or five weeks.

House prices in London and the South-east are rising fast

House prices growing at 'fastest annual pace since 2007'

Year-on-year increase of 6.3%  in prices is the highest annual rise seen since November 2007

Lord Burns steps down from Santander board

Lord Burns, the former civil servant turned serial company director, is step down from the board of Banco Santander after more than a decade.

The Business Matrix: Thursday 9 January 2014

L’Oréal reduces products in China

Santander will offer a range of fee-free Help to Buy mortgage products

Santander unveils help to buy mortgage deal

The battle to offer low-deposit mortgages stepped up today after a lender unveiled new deals under the Government's Help to Buy scheme and another announced plans to join the initiative.

Money Insider: Will this be the year banking gets the kick up the backside it needs?

As we start another year, is it too much to hope that we have seen the last of questionable sales practices, poor service and IT infrastructure failures from the banking industry?

The Marks & Spencer company logo hangs outside the company's flagship store on Oxford Street in London

Marks & Spencer appoints Lloyds retail director to board

Marks & Spencer has appointed Lloyds Banking Group’s retail director, Alison Brittain, to the board as a non-executive director.

Aldermore bank joins Help to Buy scheme

One of Britain's newest banks has became the latest lender to launch products under the Government's extended Help To Buy scheme.

RBS in turmoil as finance director Nathan Bostock quits for Santander

City hopes of an early a sell-off of the taxpayer’s stake in Royal Bank of Scotland were dealt a massive blow today as its finance director, Nathan Bostock, was poached by rival Santander UK.

The Business Matrix: Wednesday 11 December 2013

End of the road for VW Kombi vans

Funding for Lending loans more than triple to £5.8bn led by Lloyds and Nationwide

Net lending by banks participating in the Bank of England's flagship scheme Funding for Lending more than tripled to £5.8 billion in the third quarter, according to newly released figures.

Banks are brought to account by switchers as growing number of people expect to be rewarded by their bank

There has been a rise in people moving their savings since an easier transfer system was launched

New Lloyds chairman boosts efforts to speed up taxpayers’ stake sell-off

The next chairman of Lloyds Banking Group, Lord Blackwell, is expected to launch a review of the business to ensure a speedy sale of the taxpayers’ remaining 33 per cent stake in the bank.

Former Margaret Thatcher adviser tipped as next Lloyds chairman

Lord Blackwell served as a Downing Street adviser under Thatcher in the 1980s

RBS report author had to blow £2.6m on loan fees... mostly from RBS

The Government adviser who this week issued a scathing report on RBS’s treatment of small businesses could have been speaking from his own experiences. Accounts for Lawrence Tomlinson’s company show he has refinanced his own credit facilities, at great cost, with a consortium led by RBS.

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