Banking

Tesco Bank has apologised to customers after payments made today have been delayed.

Most people will pay less income tax from next April after the personal allowance and higher rate tax thresholds were both increased in the Budget – but higher earners will see part of the gain cancelled out by stealth rises to national insurance. 

Nottingham Building Society has launched a new market-leading online easy-access savings account, paying 1.55% interest on £1,000 or more. 

The Royal Mint will produce a 50p coin to mark the UK leaving the European Union, which will be available from spring 2019. 

People struggling with serious debt are set to be given a longer grace period of 60 days before being hit with further interest, charges and enforcement action, the Treasury has announced.

The Royal Bank of Scotland has unveiled the design of its first £20 polymer note, featuring the image of Scottish entrepreneur Kate Cranston.

A new 'name check' service is being set up to tackle money transfer scams and lower the risk of online payments being sent to the wrong account – with some banks expected to start using it early next year. 

TSB has apologised after a customer's bank statements were sent to an address he moved out of 21 years ago, MoneySavingExpert.com can reveal.

The £50 note will stay part of UK currency with a new polymer design, the Treasury has announced. 

Major high street banks have signed up to a voluntary code of practice to help victims of financial abuse.