Small businesses “do not trust” Open Banking software

13 Jan 2020

Open Banking legislation has done little to increase competition or reduce costs in the payments market, a major report has revealed.

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Small businesses raise millions through Bank Referral Scheme, figures show

30 Aug 2019

More than 1,700 businesses have been granted alternative finance options through the Bank Referral Scheme (BRS) after being turned down for traditional business loans, new figures reveal.

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Victims of scams to be refunded by banks

30 May 2019

Thousands of people who fall victim to scams are to receive new protection, after a number of the UK’s biggest banks agreed to introduce a new code.

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Businesses urged to consider vulnerable people’s access to financial services

15 May 2019

MPs have urged businesses to consider vulnerable people’s access to financial services, with talk of the UK becoming a cashless society.

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BoE holds interest rates as businesses cut back on investment ahead of Brexit

22 Mar 2019

The Bank of England’s (BoE) Monetary Policy Committee (MPC) has unanimously voted to maintain the UK interest rate at 0.75 per cent amid uncertainty about the potential nature and timing of the UK’s withdrawal from the European Union.

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