Pensioner endured legal battle for £193,000 inheritance after sort code error
A pensioner was forced to wage a court battle for his £193,000 inheritance after it was transferred to another bank customer by mistake.
Barclays
Barclays and BT distance themselves from Duke of York
Barclays and BT have become the latest high-profile firms to distance themselves from the Duke of York, as pressure mounts over the royal role of the Queen’s second son.
Manufacturers could enjoy £13bn boom from going direct to consumers, report finds
British manufacturers are set to gain £13 billion over the next five years by shifting their focus from selling to wholesalers and retailers, and going direct to consumers, a new report by Barclays Bank has found.
Black Friday scam victims ‘lose around £660 on average’
Nearly a quarter of 18 to 34-year-olds have fallen for a Black Friday scam in the past five years, a survey has found.
Barclays UK boss brushes aside Corbyn fears in City
Barclays UK chairman Sir Ian Cheshire has insisted British businesses would “get on and deal with” whichever government wins the election, despite City fears over Jeremy Corbyn.
Dental practice equipped for growth after receiving funding
A Deeside dental practice has been given a boost by Barclays to invest in the latest technology.
Santander profit plummets as PPI claims takes £169m bite
The UK business of Santander took a major hit from the PPI mis-selling scandal as profits dipped in the first nine months of the year.
Barclays posts higher profits despite £1.4bn PPI charge
Barclays has posted higher profits in the third quarter despite taking a £1.4 billion hit for payment protection insurance (PPI) claims.
Barclays reverses decision to end Post Office cash withdrawals
Barclays has reversed a decision to axe cash withdrawals from Post Office branches from January after a backlash from MPs and consumer campaigners.
Barclays urged by MPs to reverse decision to axe Post Office cash withdrawals
More than 100 MPs have urged Barclays to reverse its decision to end over-the-counter cash withdrawals for customers from Post Office branches from next year.
Post Office announces new agreement over access to everyday banking services
Bank customers will continue to be able to access a range of their providers’ everyday cash and cheque services through the Post Office after a new agreement was reached.
Where are the branches that Barclays will keep until at least October 2021?
Barclays has ring-fenced more than 100 branches located in remote or “last bank in town” areas so that they will remain until at least October 2021.
Barclays halts ‘last in town’ and remote branch closures for two years
Barclays has pledged not to close branches in remote areas or where it is the last bank in town for the next two years.
Stocks and scares: Research finds financial language causes stress reactions
Hearing financial terms such as “stockbroker” and “investment risk” really can strike physical fear into people, research suggests.
Retailer behind Simply Be and JD Williams plans to make extra PPI provision
The fashion retailer behind brands Jacamo, Simply Be and JD Williams expects to put aside up to £30 million extra to deal with PPI claims, after seeing related inquiries surge tenfold in the run-up to the deadline.
PPI deadline: Hope for claimants faced with deadline day phone queues and website collapses
Bank customers were left despairing as they experienced 90-minute queues on the phone amidst a last-minute rush of PPI claims.
Charges over Barclays fundraising dismissed
Charges against Barclays relating to its emergency fundraising from Qatar at the height of the financial crisis have been dismissed.
RBS agrees £3.6bn penalty in its efforts to clean up the business
Royal Bank of Scotland (RBS) said yesterday a £3.6 billion deal struck with the US Department for Justice was a “milestone moment” in its efforts to clean up the business.
Business in the north: What’s coming up this week?
UK banking and economic growth are under the spotlight this week, with experts forecasting mixed results and a weakening respectively.
New tool can help businesses manage key data
Banking giant Barclays has launched a tool to help businesses manage their key data all in one place.
Why are so many of Scotland’s budding young entrepreneurs losing their passion for business?
A leading bank says more needs to be done to translate youthful enthusiasm into entrepreneurship across Scotland.
Fierce Beer growth to be fueled by £120k funding package
A fledgling brewery in the north-east has secured a £120,000 funding package to increase production capacity more than six fold.
Barclays to sell French retail banking business
Barclays is to sell its French retail banking business to AnaCap Financial Partners as it continues to sell off non-core assets.
Market slide triggers halt in trading for RBS and Barclays
The Brexit vote has dealt a hammer blow to heavyweight financial stocks, with some shares being temporarily suspended this morning as the losses stack up
Moray retailer aiming high after acquisitions in Macduff and Buckie
Moray businessman Srinivas Badam said yesterday he had nearly doubled turnover at his retailing venture, MS Corp, after investing nearly £500,000 in a Buckie-based post office network and a convenience store in Macduff.
Top banker brings some cheer to beleaguered Aberdeen
Oil prices are on their way up and there is no new financial crisis about to derail recovery in the global economy, a top banker said on a visit to Aberdeen yesterday.
Aberdein Considine stretches its reach
North-east law firm Aberdein Considine has further diversified its business outside the region having secured new corporate and public sector clients.
Scotland a “millionaire’s playground”, according to new research
The number of millionaires in Scotland has soared over the past five years, according to new research.
FSB says competition probe into banking can fix market once and for all
A competition watchdog probe into small and medium-sized enterprise (SME) banking is a chance to end a duopoly in the market in Scotland, a business chief said yesterday.
British brand worth more than Scottish to overseas consumers
British branded goods are worth more to overseas consumers than those branded Scottish, English or Welsh, according to research commissioned by Barclays Corporate Banking.
Vein-reading device to unlock business bank accounts
The banking industry is upping its game in its fight against fraud.
Big four banks face competition shake-up
Britain's "big four" lenders are facing a full-scale competition probe over personal accounts and small business banking under plans set out by the watchdog yesterday.