Major UK bank to axe ‘lifesaving’ payment method as 18m Brits affected
NatWest introduced its BNPL service with much fanfare in the summer of 2022. Daily Express :: Finance Feed
Millions of people not on benefits will notice extra £57 in their bank accounts
The average household is saving £57 a month thanks to cuts to National Insurance and falling energy bills – but some people will be better off than others. Daily Express :: Finance Feed
Investment bank and mortgage woes weigh on Barclays
Barclays says that a slump in trading at its investment bank and sluggish mortgage demand has sent its first quarter pre-tax profits tumbling 12% to £2.3billion. Daily Express :: Finance Feed
Bank of England rate-setter issues new UK inflation update before interest rates decision
Dave Ramsden said the UK is moving from being an “outlier” to a “laggard” in terms of inflation, suggesting a gradual convergence with global trends seen in the US and eurozone economies Daily Express :: Finance Feed
Co-operative Bank goes to Coventry in £780m takeover
Coventry Building Society is to acquire Co-operative Bank for £780million, in a deal that will create a £89billion mutually-owned banking, mortgages and savings group. Daily Express :: Finance Feed
Debt anxiety means one in four can’t bear to look at bank balance
Three out of five – 60 percent – are concerned about how factors outside of their control will affect their finances. Daily Express :: Finance Feed
Most Britons only have enough money in the bank to survive for four months
A survey of 2,000 UK adults has found that the average length of time people think they could maintain their current lifestyle is 4.21 months. Daily Express :: Finance Feed
Millions to get £902 boost in bank account from April due to long-standing rule
The new weekly rates for the full state pension are set to rise to £221.20 from £203.85, which is an increase of £17.35 per week. The old or basic state pension will increase to £169.50 from £156.20, an increase of £13.30 per week, thanks to the triple lock. Daily Express :: Finance Feed
Experts predict when interest rates will drop as Bank of England holds rates again
EXCLUSIVE: There could be several rates cuts this year, analysts have said. Daily Express :: Finance Feed
Halifax, Lloyds and Bank of Scotland announce 53 branches to close – see the full list
The closures are taking place over the coming months and into 2025. Daily Express :: Finance Feed