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.
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Tuesday 03 September 2013
Net lending from banks and building societies has been negative since the Bank of England launched its flagship Funding for Lending Scheme, figures from Threadneedle Street showed yesterday. Over the four quarters to June participating institutions in the FLS contracted their loan books by £2.3bn, despite drawing down a cumulative £17.6bn of cheap funding from the scheme.
Saturday 31 August 2013
Financial education is joining the national curriculum next year, but it's not just up to schools. Chiara Cavaglieri reports
Friday 23 August 2013
High street banks are being forced to pay compensation of £1.3bn after they were found guilty of flogging useless and unnecessary credit card fraud and identity theft insurance.
Friday 23 August 2013
John Mann labels millionaire ‘arrogant’ and slams ‘weakness of the law’ in the scandal
Friday 16 August 2013
A free overdraft is more beneficial than student bank account freebies.
Tuesday 13 August 2013
Anyone who bought into SVG Capital’s £173m rights issue and share placing at the start of 2009 has seen the 100p they paid then quadrupled to more than 400p today.
Tuesday 30 July 2013
Eurozone woes have squeezed Santander’s UK profits this year as it pays the price for having to dangle more attractive deposit rates to tempt nervy savers, the bank said today.
Sunday 28 July 2013
Saturday 20 July 2013
Clever move could open the way for general current account charges
Friday 19 July 2013
Are these the expensive current accounts?
Saturday 29 June 2013
The majority shareholder of the troubled credit card insurer CPP has stepped down from the board and scrapped his attempt to buy the firm.
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