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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The future of M&A: UK Finance’s M&A conference

01.02.24

Blog

The future of M&A: UK Finance’s M&A conference

Over the past few years, the global M&A market has been fraught with challenges such as high inflation, rising interest rates and geopolitical tensions. There is cautious optimism for 2024, with forecasts of a revival of global M&A activity.  
Closing the skills gap: the key to maintaining competitiveness and boosting innovation

29.01.24

Blog

Closing the skills gap: the key to maintaining competitiveness and boosting innovation

Four years ago, the Financial Services Skills Taskforce published its final report calling on the industry to invest in skills to maintain competitiveness and support the UK’s position as a leader in Financial Services.
Chief Executive's Newsletter - January 2024

25.01.24

Chief Executive Newsletter

Chief Executive's Newsletter - January 2024

This month we share our first Monthly Economic insights for 2024, as well as the latest activity from our Take Five to Stop Fraud campaign, who have teamed up with the charity Mencap to produce an easy read guide to help people with learning disabilities stay safe from scams.
Cash ISA Transfer Performance 2023

25.01.24

Press release

Cash ISA Transfer Performance 2023

A voluntary agreement between The Building Societies Association (BSA), The Investing and Saving Alliance (TISA) and UK Finance, sets a target of a minimum of 85 per cent of cash ISA transfers to be completed within seven working days for 2023.
Improving access to SME credit data

25.01.24

Blog

Improving access to SME credit data

The UK has a relatively advanced credit information market, comparing favourably to many other countries both in terms of the depth and coverage of credit information, according to the FCA Credit Information Market Study.
AI in Risk Management: Forecasts for 2024

24.01.24

Blog

AI in Risk Management: Forecasts for 2024

Data Scientist, Steve Finlay, offers his predictions for AI’s evolution in risk management this year, anticipating a surge in mainstream adoption alongside crucial shifts in resourcing demands.
2024: Deepening sanctions focus on circumvention and new frontiers in enforcement

23.01.24

Blog

2024: Deepening sanctions focus on circumvention and new frontiers in enforcement

With over one thousand updates to the sanctions regimes in 2023, the sanctions’ “boardroom moment” and its implications were significant talking points amongst policymakers and industry leaders attending the UK Finance Year in Review Sanctions Conference on 6 December 2023.
Why 2024 will be the year of the PEP

22.01.24

Blog

Why 2024 will be the year of the PEP

Major national elections occur every year - but 2024 will be of particular significance. Three of the world’s largest economies - the United States, the United Kingdom, and India - are among those set to hold votes to determine their countries’ leadership.
Banks face an extra challenge to develop the ‘Goldilocks’ of an annual board report for Consumer Duty

18.01.24

Blog

Banks face an extra challenge to develop the ‘Goldilocks’ of an annual board report for Consumer Duty

Banks are currently juggling key priorities to make sure they can fully align with the FCA regulatory expectations on consumer duty.