It is reported that Nationwide, one of the UK’s largest building societies, has made the decision to delay the launch of its SME lending programme. Vince Cable is critical of the 'Capital Taliban' According to the Financial Times, this decision was... Read More
In stark contrast to other banking groups, which are reducing their high street presence, Santander is planning to open dozens of new branches as part of its plans to make further advancement into the UK banking market. The Spanish giant hopes to grow... Read More
Lloyds Banking Group has faced significant criticism in the past few years. Thanks to a large bailout by the taxpayer at the height of the financial crisis, the group is now 39 per cent state owned and has therefore been accused of “ignoring social... Read More
Since the start of the year, when all signs indicated a significant improvement in the economic situation in this country, businesses across the board began hiring again in order to be prepared for a post-recession boom period. While retailers remain... Read More
Since the financial crash, the vast majority of Britain’s high street banks have pulled out all the stops to ensure they are run more cost-efficiently on both a local and national level. This has led to widespread closures and redundancies within the... Read More
Since the banking crisis brought the issue of bad lending to light, banks have become increasingly wary of signing off on loans to small businesses. And while lending has gradually increased in recent months due to governmental pressure on the UK’s largest... Read More
The financial crisis took a lasting toll on British business, with experts from the retail and leisure industries consistently reporting low consumer confidence as a result of dwindling household incomes. However, the service sector also felt strong... Read More
High street banking chains are faced with a difficult position at present – many face accusations of withholding lending from small businesses, while the Government is throwing substantial support behind building societies and alternate lenders in a bid to... Read More
Three of the mutuals taken over by Nationwide during the height of the financial crisis are to be rebranded and integrated into the chain’s existing portfolio, significantly adding to Nationwide’s high street presence. However, this move could come with a... Read More
The proposed sale of 632 Lloyds Banking Group branches to the Co-op will no longer go ahead, it has emerged. The Co-op backed out of negotiations earlier this week, blaming the present economic situation and increasing strictness in regulations for its... Read More
