George Osborne warns tight bank lending could crash the economy if Coronavirus causes firms to fail

Chancellor Rishi Sunak must move to ‘vaccinate the economy’ against the shock of a coronavirus shutdown in the Budget, his predecessor George Osborne warned today. The former politician, who oversaw austerity in the years following the 2008 financial crisis, raised the spectre of banks refusing to lend money if businesses start going to the wall. … Read more

Bruges for under £100 a night! Visit this medieval masterpiece of a town without breaking the bank

Swans, cobblestones and lace shops: Bruges doesn’t disappoint if your hopes for a weekend away includes old-fashioned charm.  But this medieval masterpiece of a city, reached from London in little more than three hours on Eurostar, also has avant-garde musical installations, irresistible chocolate shops and a thriving beer scene all set on winding, ancient lanes.  … Read more

University worker, 34, who hanged herself after gambling away entire salary was failed by her bank

A university worker who hanged herself after gambling away her entire salary at online casinos was failed by her bank and betting firms, her grieving parents said yesterday. Natasha White, 34, became hooked on games such as online roulette through apps she could play at home – despite having no interest in going to casinos … Read more

Liquidity injection from China’s Central Bank turns the trading screens green on New Year’s

MARKET REPORT: New Year Beijing bounce for stock markets as China central bank pumps an extra £87bn into the economy  Chinese Central Bank gives the market a whooping £87billion kick-start  Move comes off the back of the US-China trade war and a weak year for the SSE  FTSE, DAX, and the DOW were nudged up … Read more

Five out of the six High Street banks allow customers to bank cheques made out to their middle names

Five out of the six High Street banks allow customers to bank cheques made out to their middle names By Samantha Partington For The Daily Mail Published: 22:00 GMT, 10 September 2019 | Updated: 09:13 GMT, 11 September 2019 Current account holders can still bank cheques made out to their middle names in five out … Read more

MPs raise ‘serious concerns’ over next Bank chief’s record as FCA boss

MPs raise ‘serious concerns’ over next Bank of England chief Andrew Bailey’s record as FCA boss By Daily Mail City & Finance Reporter Published: 21:51 GMT, 5 March 2020 | Updated: 21:51 GMT, 5 March 2020 Andrew Bailey has come under fire over his leadership of the City watchdog just days before taking over at … Read more

HSBC and Tesco Bank don’t offer credit card soft searching

People applying for credit cards with two major UK lenders have to roll the dice to check if they will be accepted, putting their credit score at risk in the process. HSBC and Tesco Bank require applicants to do a ‘hard search’ which shows up on their credit file, and can damage their credit score … Read more

ASK TONY: TSB – The bank that said ‘NO’ to my frail 86-year-old mother

ASK TONY: TSB – The bank that said ‘NO’ when my frail 86-year-old mother asked to open an account so she could receive her pension By Tony Hazell for the Daily Mail Published: 22:01 GMT, 3 March 2020 | Updated: 22:01 GMT, 3 March 2020 I took my 86-year-old mother to a TSB branch to … Read more

New Bank boss Andrew Bailey to face court grilling over RBS scandal

New Bank of England governor Andrew Bailey to face court grilling over RBS scandal By Daily Mail City & Finance Reporter Published: 23:14 GMT, 3 March 2020 | Updated: 23:14 GMT, 3 March 2020 Headache: New Bank of England boss Andrew Bailey  The Bank of England’s new Governor is preparing to defend himself in court … Read more