FinanceUK cash usage falls to record low share of transactions in 2023July 23, 202439By David MillikenLONDON (Reuters) - British consumers and businesses used cash in just 12% of transactions last year, a record...
BankingUK Finance Launches Site to Support Charity Access to Banking ServicesJuly 22, 202438UK Finance today launches a new site including a step-by-step digital guide and FAQ to support charities and other voluntary...
MortgagesInterest-only mortgage holders show no signs of undue…June 30, 202443Data from UK Finance suggests that interest-only mortgage holders are showing no obvious signs of distress despite interest rates remaining...
FinanceNumber of contactless cards across the UK tops 150 millionJune 17, 202446The number of contactless cards in the UK has topped a milestone of 150 million, according to a banking and...
CurrenciesUK Digital Securities Sandbox: limits and digital currency highlighted in consultation feedback – Ledger InsightsJune 3, 202433The Bank of England and FCA’s joint consultation on the UK’s Digital Securities Sandbox closed last week. We reviewed four...
MortgagesLater life lending falls 8.5% YOY to £4.3bn – UK FinanceMay 30, 202467 The value of new later life lending in the first quarter of the year came to £4.3bn, a decrease...
MortgagesUK Finance later life data “at odds with what’s happening on the ground,” say brokers – The IntermediaryMay 30, 202465This morning, UK Finance published its later life mortgage lending data for Q1 2024. According to the findings, there were 28,840 new...
BankingUK bank fraud losses exceed £1bn in 2023 despite slight declineMay 22, 202453According to data released by trade body UK Finance, fraud losses amounted to £1.17 billion last year, despite marking a...
Mortgages‘Serious questions’ for lenders as ultra-long mortgages surgeMay 13, 202462Banking trade body UK Finance’s latest Household Finance Review found that one in five first-time buyers took out a mortgage...
BankingWomen in UK finance earn a third less than male colleagues, data showsApril 6, 202480Commuters walk during the morning rush hour near the Bank of England in the City of London financial district in...