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‘It’s the end of free banking, as we know it,’ I sang to myself in the style of R.E.M earlier in the week. A perfect storm is brewing which could potentially see more and more customers charged a monthly fee for having a current account. This is a blend of coronavirus, a crackdown in overdraft … Read more
When it comes to hunting for a good savings rate, it’s safe to say that since the pandemic unfolded in March, it has been an increasingly difficult endeavor. Not that it has been an easy task for a few years, but coronavirus has made things even worse. It’s not impossible like finding a dodo, more … Read more
High street banks are ‘stifling’ start-up firms at birth by rejecting applications for business bank accounts because they are too busy processing Bounce Back loans for existing companies. Most banks are not accepting new applications for business accounts or warning of long delays, in a development a business group warned could strangle Britain’s economic recovery. … Read more
Twitter is testing new ‘Suggested Follows’ feature that suggests dozens of accounts users can add all at once with a push of a button Twitter is experimenting with a ‘Suggested Follows’ feature Users can add a group of related accounts all at once, rather than one at a time Twitter suggests accounts to users based … Read more
The only hope for savers wanting a decent return perhaps now rests solely with banks running prize draws. More providers are now offering savers the chance of winning cash prizes. And the more you invest, the better the odds. The nation’s favourite savings product — NS&I’s Premium Bonds — offers the chance to win £1 … Read more
The BBC will be able to suspend their employees’ Twitter accounts if they breach impartiality guidelines, its new director-general Tim Davie revealed today. Mr Davie, who has been in the role for less than a month, told MPs that the rules would cover those working in news, current affairs and beyond and were ‘imminent’. The … Read more
Barclays customers can’t access their accounts after app and website crash Bank confirmed that ‘a small number’ of customers had been unable to log in Users were unable to make payments or check their balances It advised customers not to try re-do payments as they might still go through By Antonia Paget For Mailonline Published: 12:33 … Read more
Boris Becker will appear in court this week to face 19 criminal charges over claims he ‘hid property portfolio, bank accounts and shares in artificial intelligence firm’ during bankruptcy hearings Boris Becker, 52, faces claim that he hid finances at his 2017 bankruptcy hearing It’s alleged he failed to declare three properties, along with two … Read more
Tens of thousands of British expats in Europe ‘will be stripped of their UK bank accounts and credit cards in weeks’ after government failed to negotiate post Brexit rules British expats in Europe risk having their UK bank accounts closed due to Brexit Banks including Lloyds and Barclays have starting giving notice to customers Post-Brexit … Read more
NatWest banking goes DOWN across much of the UK leaving customers locked out of their accounts Customers have complained about a variety of problems with online accounts Some are unable to log in, make payments or view their accounts with the bank NatWest have confirmed the issue and said they are investigating urgently By Jack … Read more