Buy now, fail later? Banks struggle to cash in on Klarna’s success March 27, 2024 Natwest recently confirmed it would axe its buy-now pay-later scheme. Industry experts suggest the move could be a sign of things to come as traditional lenders struggle to gain a foothold in the market.
UK government no longer a controlling shareholder in Natwest after taking stake below 30 per cent March 25, 2024 Taxpayers paid £45.5bn for the bailout but have lost out as Natwest’s share price has halved since then.
Natwest sets out plans to lend £5bn to social housing projects March 25, 2024 Natwest has launched a new £5bn package of targeted lending and support for UK social housing over three years.
Five questions with Lyndsey Simpson, founder of 55/Redefined March 22, 2024 Lyndsey Simpson gives us a sneak peek into what she’s learned on her journey to changing the workplace.
The must-read column: Kleinman on the City March 21, 2024 The City's best-connected columnist on the Telegraph, the new football regulator and the NatWest share sale
High street bank bosses warn of rising fraud threat from social media March 20, 2024 Bosses from the UK's biggest high street banks have told MPs that they are improving their fraud reimbursement rates, while calling for greater cooperation with social media companies to prevent scams that originate on their platforms.
Philip Hammond’s Railsr floats merger with Equals Group March 20, 2024 Railsr, the fintech company chaired by former chancellor Philip Hammond, has pursued a merger with rival Equals Group.
Banks commit to more hubs as government demands improved cash access March 19, 2024 The UK's biggest high street banks have pledged to identify nearly 200 new places for shared banking hubs and upgrade dozens of locations after calls from the Treasury to improve access to cash.
Government proposes ‘debanking’ law after Farage Natwest row and surge in complaints March 14, 2024 The UK government has proposed a law that would force banks to give customers more advanced notice and an explanation before closing their accounts, following a surge in complaints over "debanking" and a row between Natwest and former Ukip leader Nigel Farage.
Musicmagpie sees earnings boost from Black Friday and its ‘smart for the planet’ solution March 13, 2024 Musicmagpie has reported a boost to annual earnings after the second-hand smartphone seller experienced a "record" Black Friday last November.