FINANCE & BANKING

People in the UK can get their first glimpse on Wednesday of banknotes bearing King Charles III's image.

Many people struggle to save money consistently. About 34% of UK adults have no savings, or less than £1000 in their savings account

This news comes alongside reports of the Bank of America, Wells Fargo and Citibank persisting in the closure of branches across the United States.

In an interview with Dmytro Dubilet, the founder of Fintech Farm, we delved into the crucial role that user experience plays in adopting neobanks.

How did 2023 go for the founder of Warrior Trading founder Ross Cameron? He recaps the year, warts and all, and plans to use lessons learned going forward.

Do you want to trade more safely and consistently? Discover top tips from expert traders on controlling risks in your trades.

Riding on the success of the UK firm Rapyd which raised £235 million, the UK fintech sector continues to be a leader in fintech funding despite a decrease in the number of deals secured in 2023 by over 100.

More than 220 students from Barclays' top recruitment universities won't work for Barclays unless they terminate all financing for oil and gas companies.

The Bank of England recently released its Financial Stability Report, spotlighting the resilience of UK households and businesses in the face of escalating interest rates.

The Public Accounts Committee (PAC) shed light on computer errors within the Department for Work and Pensions (DWP) that resulted in 165,000 individuals missing out on £1.2 billion in the preceding year.

AI and machine learning have been used across the financial sector for at least a decade, such as to help detect fraud and money laundering.

The report highlights the risk of a vicious cycle, where low interest rates fail to stimulate meaningful economic growth and cause a recession.

MPs have launched an inquiry that sets out to teach all students – aged 11 to 16 – about money management amid the cost of living crisis.

HSBC, headquartered in London but primarily focused on the Asian market, announced pre-tax profits of $7.7 billion (£6.4 billion) for the third quarter spanning from July to September.

Santander's profits rose by 20 per cent achieving an attributable profit of €8,143 million in the first nine months of 2023, but warn borrowers of the Impending impact of high-for-longer interest rates.

On Thursday, Metro Bank issued a statement to reassure investors after the short suspension of their shares due to volatility amidst suffering a hefty 25 per cent fall.

The European Central Bank hiked a key interest rate to a record high Thursday as it battles stubbornly high inflation but indicated that its historic hiking cycle may be at an end.