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Category: Business News

US to ease crisis-era Dodd-Frank banking rules

Image copyright Getty Images A move to relax US banking rules approved after the financial crisis has cleared its final stage in Congress. The House of Representatives...

Banks ‘charging more’ for overdrafts than payday lenders

Image copyright Getty Images Unarranged overdraft fees can cost borrowers up to seven times more than a payday loan, a consumer group warned. Which? said...

Manchester United ‘remains most valuable club in Europe’

Image copyright Getty Images Image caption Both Manchester United and Chelsea featured in the top 10 Manchester United has again been named most valuable European...

FTSE 100 surges to a fresh record high

Image copyright Getty Images London’s main index, the FTSE 100, has surged to a fresh record high for the second time in less than a week. The FTSE 100 index...

Could smartphones replace bank branches?

Image copyright Getty Images Banks now send more than 16 text alerts every second in an indication of how much we now rely on smartphones rather than computers to manage...

Fuel price rise threatens consumer spending

Image copyright Getty Images The cost of fuel has reached a three-and-a-half-year high putting more pressure on consumers already squeezed incomes. At the pumps, the...

Banking by mobile app ‘to overtake online by 2019’

Image copyright Getty Images More consumers will use apps on their smartphone than a computer to do their banking by as early as next year, according to forecasts. Last...

Motability boss’s pay ‘unacceptable’ say MP committees

Image copyright Getty Images The £1.7m salary paid to the chief executive of the firm which runs the Motability disabled car scheme is “totally...

UK turns blind eye to dirty Russian money, say MPs

Image copyright Getty Images Image caption The City of London is being used to hide the “corrupt Russian assets,” the report says The UK has been accused of...

‘Girl Fund’ to invest in gender diverse companies

Image copyright Getty Images Image caption LGIM’s Helena Morrissey says the fund “empowers us all to use our money to help firms to progress” The first...