Tag: financial services

Post Offices to branch out by serving RBS and NatWest customers

Post Offices to branch out by serving RBS and NatWest customers

It has been revealed today that customers of Royal Bank of Scotland (RBS) and NatWest will be able to access their bank accounts through Britain’s 12,000 post offices. The announcement comes after Postal Affairs Minister, Edward Davey, recently said he was concerned that some banks do not allow customers at post offices to conduct transactions, [...]

November 9, 2010 | 0 Comments More
Government unveils further details of the ‘people’s bank’

Government unveils further details of the ‘people’s bank’

March 29, 2010 | 0 Comments More
CBI report sees optimism in UK financial services

CBI report sees optimism in UK financial services

A report by the Confederation of British Industry (CBI), has revealed a degree of optimism for the UK financial services sector, which is expected to record higher growth in the next three months, after stagnating in the last quarter. According to the business group, an improvement will be seen in the next three months after [...]

Tesco takes next step in banking as it selects Fiserv

Tesco takes next step in banking as it selects Fiserv

Supermarket giant Tesco has taken the next step in its quest to become a bank by signing up Fiserv. US-based Fiserv provides information management and electronic commerce systems to the financial services industry. Tesco said Fiserv will assist it in becoming a full-service bank by providing account information and banking transactions for Tesco Bank customers. [...]

November 20, 2009 | 0 Comments More
CBI survey suggests financial sector picking up

CBI survey suggests financial sector picking up

A quarterly survey from the CBI suggests that the UK’s beleaguered financial services sector is on a “gradual” road to recovery. While the organisation warned of considerable job losses and cuts to investment, there are indications that the sector is emerging from the worst of the downturn. The CBI also cautioned that the situation remains [...]

June 29, 2009 | 0 Comments More
Financial services sector takes a battering

Financial services sector takes a battering

A survey by the Confederation of British Industry (CBI) has found that financial services companies are suffering record falls in profits. The fourth quarter of 2008 saw a fall in business from 87 such companies, with the CBI citing 2008 as a year the financial services industry ‘would rather forget‘. The survey, which was co-conducted [...]

January 12, 2009 | 0 Comments More