UK Banking

6 Huge Brexit Deals Theresa May Now Has Just 2 Years To Make After Triggering Article 50

The Huffington Post | Owen Bennett | Posted 29.03.2017 | UK Politics

With Article 50 triggered, Theresa May now has two years to carry out the most complex set of negotiations in UK history. The future of Britain’s tr...

Gender Pay Rules: What If No One Hears You Scream?

Fiona Hotston Moore | Posted 28.03.2017 | UK
Fiona Hotston Moore

So, this is how it will be: firms reveal embarrassing disparities in gender pay and nobody raises an eyebrow. Schroders, the very large fund manageme...

The Future Of Financial Education: The Financial Sector Needs To Step-up

Clint Wilson | Posted 02.03.2017 | UK Parents
Clint Wilson

Yet helping young savers stay safe is not the same as helping them become financially responsible. In this regard, the industry could do more. For instance, payment products should ensure that regular balance updates are provided via text or a mobile app to help a child keep on top of their spending.

People Are Pretty Dubious About HSBC'S Claims That 4-Year-Olds Earn Two Grand A Year

The Huffington Post | Jasmin Gray | Posted 24.02.2017 | UK Universities & Education

HSBC has been widely ridiculed for suggesting that the average 25-year-old could afford a deposit on a house as long as save a quarter of everything t...

Mobile Banking Is More Than Just An App

Mark Grainger | Posted 13.02.2017 | UK Tech
Mark Grainger

How often do you visit your bank branch? I'm going to guess it's a lot less frequently than you used to, say, five years ago. And you wouldn't be alone - figures show that daily visits to branches have fallen by 32% since 2011 and the number of times people visit a branch is set to almost halve by 2020 as more people favour their smartphones to manage their finances.

30K Bank Staff And £1.5tn Of Assets Could Leave London After Brexit, Report Warns

The Huffington Post | Owen Bennett | Posted 08.02.2017 | UK Politics

Up to 30,000 banking staff and £1.5trillion of assets could leave London after Brexit, according to a study published today. The stark warning comes ...

'Treat Banks Like Pay-Day Lenders' Rachel Reeves Calls For A Cap On Overdraft Fines

The Huffington Post | Owen Bennett | Posted 05.02.2017 | UK Politics

Banks should be forced to cap unauthorised overdraft fines, a Labour MP will demand this week as she urges the Government to tighten up the law. Curre...

Are We Looking After The Gig Economy?

Rich Wagner | Posted 19.01.2017 | UK
Rich Wagner

So the next time you're booking a long weekend away, taking a taxi ride or getting some shelves fixed, make sure you play your part to ensure this exciting and evolving industry continues to spearhead the UK economy for years to come.

Why I Gave Up My Debit Card And Haven't Looked Back

Oscar Williams | Posted 16.01.2017 | UK Tech
Oscar Williams

I first came across the "challenger bank" through friends. At the end of a lunch out, my pal Muhsin got out a bright orange card to pay the bill. The waiter instantly recognised it - once you've seen it, you can't un-see it - and the pair started chatting about its merits.

The Rise Of Facebank - Why Social Banking Is Here To Stay

Michiel Lely | Posted 21.12.2016 | UK Tech
Michiel Lely

Social banking will allow users to access online banking services using their social media account credentials via the bank's normal homepage and log in portal. They would then check their balance, make transactions and view any other information as normal.

The Evolution Of The Revolution: How Mobile Is Changing Consumer Habits

Marta Krupinska | Posted 21.11.2016 | UK Tech
Marta Krupinska

Have a think about the last time you looked at your phone? How many times have you used it in the last hour, or day? Nottingham Trent University found we look at our phones about 85 times a day. What did you last use your phone for? To make a call? Probably not.

Urgent Warnings Issued To Tesco Bank Customers After 'Criminal' Hack

The Huffington Post UK | George Bowden | Posted 31.12.2016 | UK

Tesco Bank has stopped online transactions for its customers amid a “criminal” hacking attack that’s seen hundreds of pounds taken from accounts...

Finance Modernised By Bitcoin - Part 1

Paul McNeil | Posted 04.11.2016 | UK Tech
Paul McNeil

Economies have controlled almost all aspects of human life ever since money was introduced to society. Money makes the world go around and money is power, and power is money. Any escaping of this principle is nearly an impossible effort, unless of course, you have chosen to live in the wild.

What We Follow On Social Media May Be Holding Women Back

Edwina Dunn | Posted 02.02.2017 | UK Tech
Edwina Dunn

But in a world where we constantly ask why it is that women don't 'reach higher' in their careers and with their ambitions, it may be worth thinking about more examples of what successful women look like - what they do. It would be uplifting to see more women say 'if she has done that, maybe I can too.'

The Divide - A Document Of Our Time

Mik Scarlet | Posted 19.04.2017 | UK Entertainment
Mik Scarlet

Katherine Round's film explores a key issue of the modern age, the ever growing gap between the "have's" and "have not's", our obsession with wealth and the growing feeling that capitalism isn't working. It is shot beautifully, and this cinematography embraces and cuddles you as you follow the lives of people on both sides of the wealth divide.

The Irresistible Rise of Nige

Bex Felton | Posted 12.04.2017 | UK Politics
Bex Felton

So welcome back Nigel Farage: the face of acceptable bigotry and daytime drinking. It looks like we missed you.

The Government Are Banking on Digital

Dan Andersson | Posted 08.04.2017 | UK Politics
Dan Andersson

Banks have dined out for centuries on being that reliable secure connection for our money, take that away from them and make it an instant automated process and, at least in theory, you're taking away their reason to exist.

Is Parity for Women in the City a Pipe Dream?

Sophia Morrell | Posted 04.03.2017 | UK
Sophia Morrell

Will we ever have gender equality in financial services? Genuine equality - parity of earnings, representation on boards and recognition of women's talent, merit and contribution, in exactly the same way men have enjoyed since the City began?

No, Brexit Isn't a Risk to the City

Jonathan Arnott | Posted 21.02.2017 | UK Politics
Jonathan Arnott

I understand that the 'in' campaign feels the need to scaremonger on these issues; after all, it is their primary tactic on the economy. Is there any substance to their claims? I don't see it.

Let HSBC Go, We Don't Need Them

Youssef El-Gingihy | Posted 15.02.2017 | UK
Youssef El-Gingihy

So the Hong Kong and Shanghai Banking Corporation have decided to stay put in the UK. Should we start the celebrations? Or perhaps we should put the champagne on ice. Because, wait for it, yes trickle-down economics doesn't actually work.

The Waugh Zone February 15, 2016

The Huffington Post UK | Paul Waugh | Posted 15.02.2016 | UK Politics

The five things you need to know on Monday February 15, 2016… 1) BLANK CHECK Who says threatening to withdraw from Europe doesn’t work? Ju...

'The Big Short'

Rick Edwards | Posted 09.02.2017 | UK Entertainment
Rick Edwards

Last weekend I watched, and loved, The Big Short, a film based on the book of the same name by Michael Lewis, which describes a group of disparate outsiders who each spotted the colossal financial malfeasance which gave rise to the banking and housing crisis of 2008. The writer-director Adam McKay manages to create a hilarious, sharp, clear and compelling movie, all the more impressive given that the subject matter is, frankly, pretty dry and horrendously complex - riddled with acronyms and nuanced money manipulations in identikit boardrooms.

Fintech: Transformation, or Global Revolution?

Damian Kimmelman | Posted 04.02.2017 | UK Tech
Damian Kimmelman

It's also easy to overstate the extent of the step change in the West. Yes, I can now move my money around more simply and quickly, borrow from different people than before, or check my balance with my phone - not my laptop.

Bankers: Is It Business as Usual?

Rob Marris | Posted 01.02.2017 | UK Politics
Rob Marris

The Chancellor should have stuck to his guns, and done the fair thing for the British people - regulate and tax the banks properly. As it is, the Bank of England & Financial Services Bill signals a major retreat by the Chancellor from what was until now his own policy. Thus, whilst he stands firmly behind his failed austerity (National Debt up 60% in his six years in charge), he is going soft on banks.

Women in Business Q&A: Monique Herena, Senior Executive Vice President, BNY Mellon

Laura Dunn | Posted 05.01.2017 | UK
Laura Dunn

Monique R. Herena is a Senior Executive Vice President of BNY Mellon and the company's Chief Human Resources Officer. As Senior Executive Vice Preside...