UK businesses have experienced a 34% increase in levels of ‘significant financial distress’, according to the latest Begbies Traynor Red Flag Alert. Read full story
Investec, Metro Bank and TSB have joined the Payments Council as full members with immediate effect. The additions bring the Council’s membership list to 36, with a further 27 associate members. Read full story
Major high street lenders are facing a major competition probe over SME banking, following a review by the Competition and Markets Authority and the Financial Conduct Authority. Read full story
Has the transition to the FCA been a smooth process?