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Banks not helping small businesses

Barclays introduces new Community Banker role

British multinational banking and financial services company Barclays announced on Friday that it has launched a new customer service role at its branches, which will see 6,500 Barclays branch staff promoted to the position of Community Banker. Barclays said the […]

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Motor Insurance

ABI calls on FCA to adopt new minimum standard of information for insurance customers

The Association of British Insurers (ABI), a trade association for the UK's insurance industry, announced on Thursday that it has written to financial industry watchdog the

London shopping centre

Competition among UK retailers results in continued price deflation

Competition among UK retailers for market share has resulted in the deepest level of shop price deflation since December 2006, according to trade association British Retail

Canary Wharf, in London's Docklands

British banks pay lower interest rates to loyal customers

British financial service industry regulator the Financial Conduct Authority (FCA) announced on Tuesday that its interim report into the effectiveness of competition in the cash savings

Bank of England

New entry requirements for UK financial institutions increase competition and benefit customers

The Bank of England, which stands at the centre of the UK's financial system, revealed on Monday that financial service industry regulators the Prudential Regulation Authority (PRA) and

BRITAIN -MG Sales Centre

SMMT reports 10.6% increase in UK car sales in the six months to June 2014

The Society of Motor Manufacturers and Traders (SMMT), which supports and promotes the interests of the UK automotive industry, announced on Friday that 1,287,265 new cars

engineering apprenticeships

Tata Steel announces 400 redundancies in Port Talbot in restructuring proposal

Steel producer Tata Steel disclosed on Tuesday that it proposes to restructure its UK Strip Products business in South Wales in order to improve competitiveness by

The City of London

Business volumes on the rise for UK financial services firms

Optimism in the UK financial services sector continues to increase according to business lobbying organisation the Confederation of British Industry (CBI), which released the latest CBI/PwC

Plans for Green Investment Bank

UK’s Green Deal Home Improvement Fund issues £8.5m during scheme’s first two weeks

A total of GBP8.5m has been issued to British householders making energy efficient improvements to their homes, during the first two weeks of the Green Deal

Bank of England

Bank of England proposes measures for short term risks in UK housing market

The Bank of England, the central bank of the UK, reported on Thursday that it made recommendations for the implementation of loan-to-income ratio limit for mortgage

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