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The Latest Breaking News from Tesco Bank

More than a quarter of people ‘expect to start 2023 in debt’, survey shows

Debt remains a taboo topic for some, with 23% of those polled admitting that talking about financial trouble would make them feel shame and 18% saying they would never confess it to anyone

Daily Mirror

More than a quarter of people ‘expect to start 2023 in debt’

On average, people expect that it will take 21 months to pay back what they owe, according to Tesco Bank.

The Independent UK

Savings: make the most of UK rate rises by switching accounts

Inertia or an excess of trust results in billions of pounds languishing in accounts paying little or no interest

The Guardian - UK

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Edinburgh Tesco Bank staff face axe at same time company books 'laughologist'

Workers are understood to have been angered by the company's decision to hire a professional 'laughologist' to support workers mental health at the same time that they are letting hundreds of workers go.

Edinburgh Live

Tesco Bank books 'laughologist' for staff wellbeing while cutting over 200 Scots jobs

Workers are said to be furious after being told their jobs were at risk - bookended with the news that a comedy-themed trainer was visiting the office.

Daily Record

Carlyle hires new principal to support board and advisory practice

M&G Wealth, Tesco Bank, xDesign, Zumo, Baxters and Scotland Food & Drink among recent assignments for the firm

Insider UK

Holidaymakers taking more cash away on their trips, says Tesco Bank

Average transaction values are £56 higher than before the coronavirus pandemic, the bank said.

The Independent UK

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How to buy Bitcoin (BTC) with a credit card

Bitcoin has grown in value from around £300 in May 2016 to almost £30,000 in May 2022, and become a part of the zeitgeist along the way. As a result, interest in the cryptocurrency is high.

Evening Standard

How to buy Solana

Like Ripple and the XRP cryptocurrency, Solana is a blockchain platform with a native currency called SOL. The project was launched in March 2020 in Geneva, Switzerland by the Solana Foundation.

Evening Standard

Acquisitions eyed by ID tech firm used by WWF, Tesco Bank and Stanley Black & Decker after £15m investment

ProofID is headquartered in Salford and also has an office in Colorado Springs

Birmingham Post

Monzo, Barclays, HSBC, Santander: Best and worst banks based on switches this year

The latest current account switch data is in from Pay UK - but where are people switching to, and which banks are being ditched? See the full list below and tell us what you think

Glasgow Live

Best and worst banks based on switches this year from Santander to HSBC and Barclays

The latest current account switch data is in from Pay.UK - but where are people switching to, and which banks are being ditched? See the full list below and tell us what you think

Daily Mirror

More than 8m current accounts moved under ditching and switching service

The Current Account Switch Service was launched in 2013 to take the hassle out of moving bank and building society accounts.

The Independent UK

Best travel money exchange rates and where to get them before you head abroad

If you are heading abroad soon, you'll want to grab the best rates possible for your money - we have complied a list of where to get the best rates for euros and dollars as well as where you can go to get them.

Edinburgh Live

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The Independent UK

Savers ‘withdrawing £118 per month on average to make it through to payday’

People aged in their 20s and 30s who are taking money out of savings withdraw £123 each month typically, according to Tesco Bank.

Daily Record

Tesco Bank to pay thousands of car insurance customers refunds after wide-spread policy error

More than 620 Tesco customers have chosen to take the refund so far.

Edinburgh Live

Tesco Bank customers issued urgent message after error that could put them in line for a refund

Tesco Bank has since apologised for the error that is said to have 'misled' customers. The bank is now writing to them and offering them to stay with the policy or get a refund.

Nottingham Post

Tesco Bank motor insurance refund for thousands of customers

Around 0.5% of customers who have been contacted have chosen to get a refund

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Wales Online

Thousands of Tesco Bank customers in line for refund after error

The Competition and Markets Authority (CMA) said that the bank will now explain the situation to customer

The Independent UK

Thousands could be in line for motor insurance refund from Tesco Bank

More than 120,000 customers were affected by a mistake from the lender.

Manchester Evening News

Tesco Bank to pay 12,000 drivers compensation over huge error

Check if you're due compensation

Daily Mirror

Tesco Bank ordered to refund hundreds of car insurance customers over renewals error

More than 120,000 Tesco Bank customers were misled into thinking their no claims bonus protection was cheaper than it actually was after they received inaccurate renewal letters

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