Banks

Bank account switches reach 4-year low

Savers snub campaign to change current account provider.

Deposit compensation limit increased

As of 30 January 2017, the deposit compensation limit is £85,000, up from the previous limit of £75,000.

Small firms making the move to online banking

Making the move to online banking? There has been a 35% increase in digitally active business banking customers the past 2 years.

Budget 2016 - business announcements

The Chancellor George Osborne delivered his Budget statement to the House of Commons on Wednesday 16 March 2016.

Peer-to-peer lending at record high in 2015

Peer-to-peer lending growth reached more than £2.2 billion in 2015, according to figures by Peer-to-Peer Finance Association.

Consumers look to new payment technologies

Almost 4 in 10 current account holders think the rise of technology will eliminate the need to use cash in 10 years' time, research by Lloyds Bank suggests.

Errors found in a third of credit reports

More than a third of people who have checked their credit report in the last 2 years have found errors, research by uSwitch has found.

NI lending figures released for first time

Figures on how much Northern Ireland banks are lending to businesses and households have been published for the first time.

SMEs reluctant to borrow

High growth small and medium-sized enterprises are reluctant to seek finance from banks to fund growth, a study by the Institute of Chartered Accountants of Scotland has found.

Northern Ireland first-time buyers up 33%

The number of mortgages given to first-time buyers in Northern Ireland increased 33% in Q1 2014 compared to the same period in 2013, according to data released by the Council of Mortgage Lenders.

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