High street banking has long been dominated by Britain's Big Four banks - HSBC, Barclays, Lloyds and NatWest - prompting Britain to make it easier for new banks to enter the market, and for customers to switch banks with little fuss.

Bank of England is expected to raise interest rates by quarter-point since it gained operational independence in 1997, but markets now price in a 98% chance of a total 75 basis points of tightening by May's meeting.

The British finance ministry is moving forward with its plans to require regulators to consider the financial sector’s global competitiveness when writing rules. In line with regulators in many other countries, many in the country’s financial...

There are 79,620 homeowner mortgages in arrears of 2.5% or more of the outstanding mortgage balance, at the end of December 2021. This is 750 fewer mortgages when compared to the previous quarter.

QX Global Group, a Top 100 Business Process Outsourcing company, announced the acquisition of an 80% stake in Austin, Texas-based Chazey Partners, world-class management consulting and advisory firm specializing in business and digital transformation. 

Virtual worlds, where users’ life like 3D avatars can express themselves in a fuller range of human speech and gestures, present an even greater content-moderation challenge than the hundreds of millions of written posts and images that flow...