CashNews.co Since April 2024, UK Finance has been working with eleven of its members (Barclays, Citi UK, HSBC UK, Lloyds Banking Group, Mastercard, NatWest, Nationwide, Santander UK, Standard Chartered, Virgin Money and Visa) and a number of other partners (EY, Linklaters and a technology team of R3, Quant, DXC Technology and Coadjute) on a new […]
Yahoo Finance UKFTSE 100 LIVE: European markets higher as traders look to central bank decisionsTraders have their eyes trained on interest rate decisions later in the week from the Federal Reserve and Bank of England..LIVE44 minutes ago #UKFinance
CashNews.co Yahoo Finance UKFTSE 100 LIVE: European markets higher as traders look to central bank decisionsTraders have their eyes trained on interest rate decisions later in the week from the Federal Reserve and Bank of England..LIVE44 minutes ago Read More #cashnews #UK #finance
R3 and Quant support the publication of UK Finance’s UK #UKFinance
CashNews.co LONDON, Sept. 17, 2024 (GLOBE NEWSWIRE) — R3the infrastructure platform building digital solutions for financial markets, and Quantthe digital finance pioneer, announce the publication of the results of UK Finance’s UK Regulated Liability Network. The report which follows work with UK Finance with eleven of its members1 and partners2 on a new experimentation phase. […]
Remortgaging homeowners warned over ‘secret last minute fees’ | Personal Finance | Finance #UKFinance
CashNews.co Many homeowners are seizing the opportunity to remortgage, hoping to secure lower monthly payments and relieve financial pressure as the UK experiences a steady decline in mortgage rates. However, as interest rates fall, brokers and conveyancers are issuing dire warnings about the potential pitfalls of opting for ‘free legal services’ that often accompany remortgaging […]
UK Finance, Member Banks Barclays, Citi UK, HSBC, Natwest See Benefits During Tokenization, CBDC Platform Experiment #UKFinance
CashNews.co “Working in partnership, we have demonstrated how this platform supports developments in money and payments aligned to common public and private sector objectives, while also providing clear and long-term customer and industry benefits,” Peter Left, co-chair of the RLN Project, said in the statement. Read More #cashnews #UK #finance
Will CMA Concerns About VOD’s Merger With Three UK Affect the Stock? #UKFinance
CashNews.co The Competition and Markets Authority (“CMA”) – the U.K.’s competition watchdog – has raised concerns about the proposed £15 billion Vodafone Group Public Limited Company’s VOD merger with Three UK. The agreement is likely to create the largest mobile network in the U.K., with more than 27 million customers, reducing the number of mobile […]
Make your child millionaire by 18 | Personal Finance | Finance #UKFinance
CashNews.co Thousands of youngsters are amassing a fortune before they even come of age, with the prospect of becoming a millionaire “more achievable than you think” as helping your child reach financial greatness is within grasp. By fully funding a Junior ISA with £9,000 annually from birth, parents or grandparents could bestow their offspring with […]
DWP to slash six benefits – Brits urged to act | Personal Finance | Finance #UKFinance
CashNews.co Six legacy benefits for working-age Britons are due to be phased out in the coming months as they’re absorbed into the Universal Credit (UC) system. However, this changeover won’t happen automatically and immediate action will be needed to prevent any interruption in payments from the Department of Work and Pensions (DWP). The six means-tested […]
Average price tag on a home jumps by nearly £3,000 | Personal Finance | Finance #UKFinance
CashNews.co Average price tag on home jumps by £3,000 in September (Image: Getty) The average price tag on a home leapt by an impressive nearly £3,000 in September, says Rightmove. Nationally, the average asking price for properties newly listed is now £370,759, up 0.8 percent or £2,974. It’s normal for September to show a month-on-month […]
DWP slammed as families ‘sharing bathwater’ as ‘meaningless’ bonus | Personal Finance | Finance #UKFinance
CashNews.co The Department for Work and Pensions faces heavy criticism over what families claim is a “meaningless” Christmas bonus. Amid the cost of living crunch, households assert that even with this bonus, they still share bathwater to ensure they get by. Speaking with INews, Stephen Farrell, a North West father of two disabled children, aged […]