News and insight

The UK Finance press office provides industry comment, information and data on banking and finance issues. We have a wide range of spokespeople available to speak to the media.

Journalists and media outlets can contact the press office on 020 7416 6750 or email press@ukfinance.org.uk. A duty press officer is always available via the same contact details for out of hours queries.

We are unable to deal with individual customer queries. Please contact your finance provider directly.

 

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 Navigating the waves – the ups and downs of UK Public M&A in 2024

24.05.24

Blog

Navigating the waves – the ups and downs of UK Public M&A in 2024

Despite a multitude of geopolitical, economic and regulatory challenges, the UK has seen a surge of public M&A transactions in the first quarter of 2024. What has catalysed this uptick and can we anticipate the momentum to continue for the rest of the year?
Shedding light on rising credit reliance and financial resilience

22.05.24

Blog

Shedding light on rising credit reliance and financial resilience

The Equifax 2024 Financial Health Report highlights the UK’s increasing reliance on credit, alongside a rise in arrears levels in the mortgage and auto lending markets and a gender divide in financial resilience. How can the industry step in and support?
Fraud remains a major problem as over £1 billion is stolen by criminals in 2023

22.05.24

Press release

Fraud remains a major problem as over £1 billion is stolen by criminals in 2023

UK Finance today releases its 2024 annual fraud report, detailing the amount its members reported as stolen through payment fraud and scams in 2023.
Assessing the impact of Basel 3.1 on mid-tier banks’ ability to support the UK economy

20.05.24

Blog

Assessing the impact of Basel 3.1 on mid-tier banks’ ability to support the UK economy

Working with UK Finance and our members, EY LLP has examined the effects on mid-tier banks’ ability to lend to Small and Medium Enterprise (SME) and provide buy-to-let mortgages (BTL) under the PRA’s proposals for implementing Basel 3.1 in the UK.
Criminal sentenced after using stolen post to commit over £32,000 of fraud

17.05.24

Press release

Criminal sentenced after using stolen post to commit over £32,000 of fraud

Adrian Browne, 28, from South London, has been sentenced at Inner London Crown Court to 18 months for stealing at least £32,000. He stole post from letterboxes which enabled him to commit fraud through gaining access to banking customer information.
Changes needed to help victim-survivors of economic and financial abuse

16.05.24

Press release

Changes needed to help victim-survivors of economic and financial abuse

Changes are needed to help victim-survivors of domestic abuse to regain control of their finances.
David Postings speech - Project Safeguard

16.05.24

Speeches

A Closer Look at the Proposed FCA Guidance for Transaction Monitoring

16.05.24

Blog

A Closer Look at the Proposed FCA Guidance for Transaction Monitoring

The FCA have recently published a consultation paper with proposed changes to their Financial Crime Guide for firms.
Basel Reforms - The end is in sight

15.05.24

Blog

Basel Reforms - The end is in sight

Basel Standards for capital adequacy have been around since 1988, increasing in complexity and scope ever since.