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Britain's finance minister Hunt to quiz bank bosses on UK lending

LONDON, Jan 18 (Reuters) - Britain's finance minister Jeremy Hunt will meet the bosses of top British banks next Tuesday to seek reassurance they can keep lending to the economy, four sources familiar with the matter said on Thursday.

Britain's banks told to justify low savings rates by end of August

LONDON, July 31 (Reuters) - Britain's banks and building societies have until the end of August to justify to regulators why some of their savings rates are low or face sanctions, the markets watchdog said on Monday, as Bank of England rates look set to rise to their highest since 2008.

Bank of England stress test finds top 8 UK banks have enough capital

LONDON, July 12 (Reuters) - Britain's eight largest lenders have enough capital to ride out a worse economic crisis than that seen in 2008, the Bank of England (BoE) said on Wednesday, as the sector faces sharply rising interest rates pummelling consumers and businesses.

Santander bets on exporters to boost its UK banking business

Navigator platform seeks to join up customers across its network

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UK plans to reimburse scam victims 'fundamentally flawed' - lawmakers

LONDON, Feb 6 (Reuters) - Proposals to reimburse hundreds of millions of pounds to scam victims in Britain are "fundamentally flawed" and are taking too long to come into force, lawmakers said in a report published on Monday.

Santander UK, Virgin Money join firms helping staff with cost of living crisis

LONDON, July 19 (Reuters) - The British arm of Spanish lender Santander said on Tuesday it would award a 4% pay rise to around 11,000 UK-based employees to help with the rising cost of living, as inflation cripples household budgets across Britain and beyond.

Santander UK offers some staff 4% pay rise to help with cost of living

LONDON, July 19 (Reuters) - The UK arm of Spanish lender Santander said on Tuesday it would award around 11,000 UK-based employees a 4% pay rise to help with the increased cost of living, as inflation cripples household budgets across Britain and beyond.

UK banks no longer too big to fail, says BoE

LONDON, June 10 (Reuters) - The Bank of England is satisfied lenders have taken steps to ensure they are no longer "too big to fail" in any future crisis, it said on Friday, though it did find shortcomings at three leading banks.

UPDATE 2-Innovation is slowly prising open UK banking, regulator says

(Adds banking industry body reaction, link to report)By Huw JonesLONDON, Jan 20 (Reuters) - Innovation is finally weakening the market grip of Britain's "Big Four" banks, but "challenger" lenders are finding it slow and expensive to build up market...

UPDATE 1-Innovation is slowly prising open UK banking, regulator says

(Adds more detail)By Huw JonesLONDON, Jan 20 (Reuters) - Innovation is finally weakening the market grip of Britain's "Big Four" banks, but "challenger" lenders are finding it slow and expensive to build up market share, the Financial Conduct Auth...

UPDATE 1-Move to negative rates in UK may not work, HSBC warns

(Adds bank executives' comments, background, bylines)By Huw Jones and Iain WithersLONDON, Dec 14 (Reuters) - The Bank of England should carefully consider whether negative interest rates would have the outcomes hoped for, a senior HSBC bank executi...

UPDATE 1-UK watchdog seeks to overhaul scandal-hit consumer investment market

(Adds more detail)By Huw JonesLONDON, Sept 15 (Reuters) - There have been too many scams and scandals in Britain's financial services market and a fundamental review is needed, the Financial Conduct Authority (FCA) said on Tuesday.Consumers have s...

Britain's financial watchdog reviews scandal-hit consumer investment market

LONDON, Sept 15 (Reuters) - There have been too many scams and scandals in Britain's financial services market and a fundamental review is needed, the Financial Conduct Authority said on Tuesday.Consumers have suffered from a string of financial s...

INSIGHT-Britain's COVID lending schemes risk widening regional divides

* UK Treasury, bank bodies decline to disclose regional lending* Business groups say they are 'flying blind'* Regional business leaders fear falling further behind London (Adds trade body comment, paragraph 17)By Sinead Cruise and Iain WithersLOND...

INSIGHT-Britain's COVID lending schemes risk widening regional divides

* UK Treasury, bank bodies decline to disclose regional lending* Business groups say they are 'flying blind'* Regional business leaders fear falling further behind LondonBy Sinead Cruise and Iain WithersLONDON, July 24 (Reuters) - In the northern E...