How the banks are betraying start-up firms just when we need them most

Britain’s banks have been accused of ‘sending a terrible message’ to entrepreneurs by leaving new business account customers out in the cold. Many High Street giants stopped offering business accounts at the start of the pandemic, claiming they wanted to focus on existing customers.  But while some have finally started accepting applications again, wildly divergent … Read more

HSBC current account switching bonus of £125 returns

HSBC fightback? Banking giant offers switching bribe of £125 just months after suggesting customers could have to pay for current accounts HSBC offers customers £125 cash incentive for advance and premier accounts  Last October, hinted it could start charging for basic banking services  Saw a huge outflow of current account switchers between July and September  … Read more

Britons trying to make overseas payments find them blocked after Brexit

Britons trying to pay overseas direct debits and send money to banks and companies in Europe are having their transactions blocked as Brexit continues to cause hurdles and headaches. Those trying to send money abroad now have to provide an additional layer of detail when making payments as the UK is now classed as a ‘third … Read more