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Small business can apply for up to £50,000 under the government’s Bounce Back Loan if they’re struggling due to the Covid-19 crisis Lloyds Banking Group has been ordered to stop forcing small business customers to open business current accounts when ...

HMRC had made an assumption that five to 10 per cent of cash paid out under the Coronavirus Job Retention Scheme payments could potentially have been paid out incorrectly Tax officials have told MPs that five to 10 per cent ...

Mollie is one of the largest PSPs in Europe, which expects to process over 10 billion Euro transaction volume this year Payment services provider Mollie has today announced the closing of €90 million ($100 million) in its Series B funding ...

Customers prefer digital channels to purchase banking products, according to a report from Bain & Company Traditional banks have increasingly lost clientele to originally non-bank, new players on the market, in recent years. This is partly because they cannot offer ...

The insurance group has paid £8.5m to the families of more than 1,200 customers and set aside £10m for future Covid-19 claims The insurance group Royal London has paid out £8.5m in life insurance claims to the families of more ...

A report released by the Institute for Fiscal Studies (IFS) showed that mortgage payments slumped 14 per cent last month, as people made use of temporary payment holidays amid the sharp economic downturn Arrears on UK household bills continued to ...

The FCA also confirmed proposals requiring banks to offer a three-month payment freezes on loans and credit card debt The Financial Conduct Authority said on Thursday it would add car financing to the temporary relief measures aimed at supporting households ...

When the pandemic subsides and ministers withdraw their multi-million pound support measures the country will be faced with a colossal debt mountain When the pandemic subsides and ministers withdraw their multi-million pound support measures the country will be faced with ...

All employees aged 40 and over would pay around 2.5 percent of their wages to fund their care in old age Under plans being looked at by the Prime Minister, all UK employees aged 40 and over would pay a ...

The most vulnerable will be hit hardest if free TV licences for over-75s are axed in a move a senior campaigner called “outrageous” The most vulnerable will be hit hardest if free TV licences for over-75s are axed in a ...