BIZARRE: Uk finance | Mind Blowing Facts

Is London really the most-taxed city? Banks accused of cherrypicking data

Lobby group’s figures, shared with John Healey, are misleading as they do not include major rival Paris, say campaigners

The Guardian - UK · Oct 24

Bank shares drop on reports Chancellor planning Budget tax raid

Speculation is growing that John Healey is poised to hike the surcharge banks pay on their profits in his October 28 Budget.

Evening Standard · Oct 16

City bosses warn Healey hiking bank taxes could drive business out of UK

Lobbying from industry groups has stepped up in recent weeks ahead of the autumn Budget statement.

Evening Standard · Oct 9

Millions of new 10p coins are entering circulation. Here’s how to spot one

UK coins bearing the portrait of Queen Elizabeth II remain legal tender

The Independent UK · Aug 24

Cash expected to make up just 4% of payments by 2035 as digital innovation grows

The UK is now a predominantly digital economy when it comes to making and receiving payments, UK Finance said.

Evening Standard · Aug 18

Fall in mortgage arrears and home repossessions in ‘encouraging’ figures

Overall, home repossessions remain significantly below long-term averages, UK Finance said.

Evening Standard · Aug 13

What Is a Deepfake? UK Fraud Losses Hit £1.28B as Banks Warn AI Makes Scams Harder to Spot

UK payment fraud losses reached £1.28 billion in 2025 as banks warned criminals are increasingly using AI-generated deepfakes, cloned voices and synthetic identities to make scams more convincing.

International Business Times UK · Jul 12

Banks commit to improving basic bank account access after poor practice found

People with a poor credit history may struggle to access a standard current account, meaning a basic bank account can be vital to them.

Evening Standard · Jul 6

APP fraud losses have fallen by an estimated £73m per year, says report

The report follows separate UK Finance figures released in June which indicated that APP fraud losses rose sharply last year.

Evening Standard · Jul 1

Andy Burnham warned of exodus of London bankers if he hits City with windfall tax of up to £60bn

The Trades Union Congress is urging the Prime Minister-in-waiting to hugely ramp up taxes on Britain’s banks

Evening Standard · Jun 30