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Tag: banks

Boris Johnson has vowed to defeat Covid and build a better country over the next decade in his leader’s speech to the virtual Conservative conference. Reflecting on the UK’s recovery from World War Two, he said he wanted to build a “new Jerusalem”, with opportunity for all, improved housing and...
06.10.2020
A new system designed to tackle fraud in online shopping has been delayed for 18 months. Banks and retailers had been expected to introduce a new layer of security from mid-September. This would normally see a passcode sent to a customer’s mobile phone at the point of checkout for online...
15.08.2019
UNARRANGED overdrafts which come with high fees can see individuals sometimes paying back ten times more than they originally owed are set to be scrapped. The Financial Conduct Authority (FCA) has said banks and firm last year made over £2.4 billion from overdrafts, a third of this amount coming from...
30.12.2018
Moody’s ratings expects problem loans at Turkish banks to increase to more than 4 percent of loans over the next 12-18 months compared with a low of 2.9 percent in May, the ratings agency said in a statement on July 16. Moody’s said a spike in the problem loans was credit negative...
17.07.2018