Tag: M&S Bank

Brits would trust retailers to provide current accounts

Brits would trust retailers to provide current accounts

Consumers’ trust in UK banks has fallen to the extent that millions would trust high-street retailers with their current accounts, according to a poll by comparison site Uswitch.com. Public confidence in banks has been eroded by recent scandals, including Libor rate-fixing and the mis-selling of financial products, as well as by IT failures. In its [...]

August 29, 2012 | 0 Comments More
Metro Bank announces expansion

Metro Bank announces expansion

Metro Bank, a relative newcomer to the high street, is opening seven more branches across south east England. The bank, which opened its first branch in 2010, already has 12 branches in Greater London. It has raised £126m from investors to fund new branches in Brighton, Reading, Hemel Hempstead, Romford, Staines and Epsom. Speaking to [...]

June 11, 2012 | 0 Comments More
M&S confirms in-store bank rumours

M&S confirms in-store bank rumours

Marks and Spencer has confirmed rumours that it is launching a new high street bank in partnership with HSBC. The retailer announced today that it will open 50 in-store bank branches as an extension of its existing M&S Money joint venture with HSBC. M&S bank will offer current accounts, mortgages, and other financial products and [...]

June 8, 2012 | 0 Comments More
Marks & Spencer bank rumours growing

Marks & Spencer bank rumours growing

Rumours are growing that Marks & Spencer is planning to open its own chain of bank branches within its stores. The branches would be likely to keep the same opening hours as the stores, offering banking services at the weekend. The first branch is expected to open next month, at the retailer’s Marble Arch store [...]

June 7, 2012 | 0 Comments More