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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Fraudster Sentenced to three years and ten months after stealing money from banking customer accounts

05.02.24

Press release

Fraudster Sentenced to three years and ten months after stealing money from banking customer accounts

A man from North London who committed approximately £80,000 of card fraud has been sentenced at Southwark Crown Court to three years and ten months in prison, following an investigation by the Dedicated Card and Payment Crime Unit (DCPCU), a specialist police unit funded by the banking industry.
Navigating the financial technology landscape in 2024

05.02.24

Blog

Navigating the financial technology landscape in 2024

In 2024, the financial landscape teeters on the edge of profound changes from economic shifts, tech advances, and geopolitical influences. Rapid digital transformation streamlining back-office operations in neo and traditional banks’ dynamics are key. AI is the biggest trend, with open banking, payments, and cryptocurrencies adding to this evolving narrative.
Could LinkedIn cause the next financial communications compliance crisis?

02.02.24

Blog

Could LinkedIn cause the next financial communications compliance crisis?

Predicting risk is always a challenge, and (ironically) carries its own element of risk. In the digital communications space, anticipating what channel will emerge as the next potential risk area is vital in helping compliance teams to put strategies and tools in place to mitigate that risk.
Take Five Mencap guide

01.02.24

Press release

Take Five Mencap guide

New Easy Read guide launched to help people with a learning disability spot the signs of scammers
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.