Buy now, pay later use exploding among older Britons, data shows Almost a third of British adults lived largely cashless lives in 2024, says UK Finance The Guardian - UK · Sep 30, 2025
57% of adults ‘are registered to use mobile wallets as cash use declines’ Cash accounted for less than 10% payments last year, for the first time, UK Finance said. Evening Standard · Sep 30, 2025
Brits opt for mobile phone payments as cash usage declines Nearly a third (30 per cent) of UK adults were living ‘largely cashless lives’ in 2024 The Independent UK · Sep 30, 2025
Potential contactless card changes could give abusers green light, charity fears Surviving Economic Abuse raised concerns over ‘coerced debt’ but UK Finance said it does not expect immediate changes to the £100 contactless limit. Evening Standard · Sep 11, 2025
‘Tough decisions’ for households as figures show rise in later life mortgages Some 4,780 home loans worth £570 million were taken out by borrowers aged over 70 in the second quarter of 2025. Evening Standard · Sep 9, 2025
Lenders urged to make mortgage rule changes to help first-time buyers The FCA is assessing whether there is more that can be done to help first-time buyers The Independent UK · Sep 2, 2025
'Careful easing' of mortgage stress test rules could help more first-time buyers A measured easing of stress test rules could allow more people into the mortgage market without a significant increase in arrears, UK Finance has said. Evening Standard · Sep 2, 2025
What's The Bank Windfall Tax: UK Major Banks' Shares Tumble Following Calls to Tax Bank Profits UK bank shares fell after IPPR proposed a 'QE reserves income levy' that could raise about £8bn a year by taxing windfalls from Bank of England reserves, reviving a Thatcher-era idea and sparking warnings from lenders about growth and competitiveness. International Business Times UK · Aug 29, 2025
Homeowner property repossessions in 47% annual jump but mortgage arrears falling UK Finance, which released the figures, said repossessions remain significantly lower than long-term averages. Evening Standard · Aug 14, 2025
Average tracker mortgage borrower set to see £29 fall in monthly payments The Bank of England base rate was cut from 4.25% to 4% on Thursday, reducing costs for some mortgage borrowers. Evening Standard · Aug 7, 2025
UK interest rate cut: what does it mean for mortgages and savings? Base rate reduction to 4% will hit some savers, but people with tracker home loans will see immediate benefit The Guardian - UK · Aug 7, 2025
Thousands flock to website that helps reunite people with ‘lost’ cash windfalls The My Lost Account service received over 75,000 visits on Tuesday, according to figures from UK Finance. Evening Standard · Aug 6, 2025
The website that helps reunite people with unclaimed cash prizes The My Lost Account service received over 75,000 visits on Tuesday, according to figures from UK Finance. The Independent UK · Aug 6, 2025
The Independent UK · Jul 28, 2025 Cybersecurity experts on the phone updates everyone should ignore A ‘surge’ in Android malware is being downloaded via unexpected updates or ‘strange’ app requests
Evening Standard · Jul 28, 2025 Mobile phone users warned to ‘stop before you tap’ amid malicious apps threat Malicious apps may mimic legitimate tools to steal banking details.
Evening Standard · Jul 9, 2025 Boost for first-time buyers as ‘mortgage lending reins loosened’ One mortgage expert said the Bank of England had made a ‘welcome and pragmatic move’.
The Independent UK · Jun 17, 2025 Shrinking number of homeowners sitting on interest-only mortgages, figures show UK Finance said there were around 150,000 fewer mortgages on interest-only terms at the end of 2024 than at the start.
The Guardian - UK · Jun 15, 2025 ‘We’re being attacked all the time’: how UK banks stop hackers Devastating attacks at M&S, the Co-op and Harrods highlight risks as lenders say cybersecurity is biggest expense
Evening Standard · Jun 10, 2025 ‘Difficult retirement spending choices’ as older borrower mortgage lending jumps UK Finance’s figures provide a quarterly insight into mortgages taken out by borrowers over the age of 55.
Evening Standard · Jun 3, 2025 Take up of heat pumps ‘may be boosted if households shown running cost savings’ UK Finance said action is needed to help drive demand for ‘green’ home upgrades.
Evening Standard · Jun 2, 2025 Record £14 billion cash Isa injection made by savers in April Higher rates and ‘rumbling discussions about the future of the cash Isa’ pushed tax efficiencies to the top of to-do lists, one expert suggested.
The Guardian - UK · May 31, 2025 UK banks urged to beef up anti-fraud systems for international payments Data reveals ‘notable increase’ in scammers tricking people into sending money abroad
The Independent UK · May 28, 2025 Customers conned into sharing passcodes as online fraud cases surge in UK Criminals are using social engineering to trick people into divulging one-time passcodes
The Guardian - UK · May 27, 2025 ‘Remote purchase’ fraud in UK surges as customers tricked into disclosing passcodes Banks say every day 7,000 incidents take place where scammers get people to disclose unique set of numbers