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The Latest Breaking News from TSB

TSB apologises to customers after online payments glitch

Customers of the bank complained on social media about not receiving salaries and child benefit payments for many hours.

The Independent UK

TSB customers left without benefit and salary payments due to online glitch

TSB said the problems started in the early hours of the morning with some Bacs payments and remain ongoing.

The Independent UK

UK savers urged to find better deals after several banks cut interest rates

Bank of England may have kept rates steady this week but TSB, NS&I and others have all announced cuts

The Guardian - UK

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Mortgage rates finally fall for first-time buyers – best deals compared

Nationwide, HSBC and NatWest cut their fixed mortgage rates

The Independent UK

Average two year mortgage rate falls below 5.5% for first time since June 2023

Major lenders are scrambling to generate business with increasingly competitive deals

Evening Standard

Lucky borrowers helped by raft of new mortgage rate cuts on Friday 13th

Major high street lenders TSB and HSBC both said they will cut their rate across their range of fixed rate products on what is supposed to be the unluckiest day of the year

Evening Standard

Barclays, HSBC and TSB all cut mortgage rates again

High street lenders race to grab market share with cheaper deals to tempt buyers

Evening Standard

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TSB says yes to mortgage rate cuts

Evening Standard

APP fraud reimbursement ‘still largely depends on who victims bank with’

The Payment Systems Regulator has published authorised push payment scam reimbursement figures for banks and building societies.

The Independent UK

Four major banks breached rules to help keep customers informed

Lloyds, TSB and AIB have confirmed they are making changes and HSBC has been issued with directions, the Competition and Markets Authority said.

The Independent UK

Cards, cash and currencies: how to make your money go further on holiday

Overseas charges for credit and debit cards vary, as do exchange rates – and don’t forget duty-free allowance limits

The Guardian - UK

‘Mortgage prisoners’ being forced to pay higher interest rates, High Court told

The court in London was told that borrowers saw their initial lender, Northern Rock, collapse in the 2008 financial crisis

The Independent UK

Northern Rock ‘mortgage prisoners’ sue TSB subsidiary that bought their loans

Borrowers say Whistletree charged inflated interest rates when it took on their debt after lender’s collapse

The Guardian - UK

South East Water calls for investor cash to stay afloat; environment secretary to meet water bosses – as it happened

Steve Reed summons executives from all 16 water suppliers in England and Wales as regulator due to publish draft determinations on companies’ five-year spending plans

The Guardian - UK

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The Independent UK

Signs of household optimism as spending on holidays and entertainment increases

There were also signs of households cutting back on renovation projects and clothing, according to TSB.

The Guardian - UK

The no-deposit mortgage that lets tenants buy the home they live in … with a gift from the landlord

Under a ‘concessionary purchase’, property owners can agree a cut-price sale to incumbent renters to save costs

Evening Standard

'Mind-boggling': Mortgage brokers shocked as Barclays ups interest rates but TSB cuts

It comes soon after higher-than-expected inflation appeared to rule out a June interest rate cut from the Bank of England

The Independent UK

Tricked consumers lose record amount to purchase scams in 2023 – UK Finance

People looking to attend events such as the Olympics and Taylor Swift concerts could be targeted by scammers this year, UK Finance said.

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news in one place.

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The Guardian - UK

‘It’s not vital to spend five days a week in the office’: the bank boss who works from home

While big beasts on Wall Street rail against WFH, Mike Regnier of Santander UK says he wouldn’t have taken the job if he had had to commute all week

The Guardian - UK

Three UK banks announce cuts to cost of fixed-rate mortgages

Barclays Bank, HSBC and TSB reveal changes, reversing some of price rises seen in recent weeks

Evening Standard

Nationwide 'out in the cold', brokers say, as it stays out of mortgage rate price war for now

Metro Bank and TSB were among the latest lenders to cut rates

The National (Scotland)

Scotland's financial technology sector witnesses major jobs increase

SCOTLAND’S financial technology sector has seen a significant increase in jobs with more than 10,500 people now employed in the industry.

Evening Standard

‘The gloves are off’: More lenders join mortgage rate price war

First Direct and TSB were among the latest lenders cutting rates

Evening Standard

Barclays offers 90% mortgage with sub-5% interest rate after slashing prices twice in four days

Other lenders to announce cuts today include TSB and Accord

The Independent UK

More than half of Black Friday shoppers ‘set to put spending on credit’

Out of those spending, more than half are set to use a form of credit and a further 21% will borrow money from friends and family, TSB said.

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