Credit Today online

High Court mortgage case reaching climax - 30/07/2010
A major case in which over 300 borrowers took High Court action against Barclays and Lloyds Banking Group over unfair mortgages is approaching its climax. Full story »

Lending to small firms cut by a third - 30/07/2010
Bank lending to small businesses in June was over a third lower than in the previous year, despite the British Bankers’ Association (BBA) claiming that its members were making loans of around £27m to small businesses every day. Full story »

Prize up for grabs in CT/Jaywing survey - 30/07/2010
Credit Today is calling on credit professionals to take part in a joint survey on how their businesses are faring amid economic and political change. Full story »

CT launches public sector news - 30/07/2010
Credit Today is launching a public sector news page in its August edition, and is urging the industry to share its news and views on working with the public sector. Full story »

Coface applies to become ratings agency - 29/07/2010
Coface has filed an official request to become an international ratings agency with the Committee of European Securities Regulators (CESR). Full story »

Santander UK posts £875m profit - 29/07/2010
Santander UK has posted £875m profits for the first half of 2010, while the stock of properties in possession on its balance sheet remains at just 0.06 per cent. Full story »

SFO achieves 91% conviction rate - 29/07/2010
The Serious Fraud Office (SFO) achieved a 91 per cent conviction rate for the year 2009-10 despite its budget being cut by a fifth.
Full story »

Metro Bank opens first branch today - 29/07/2010
Metro Bank, the first new UK high street bank for over 100 years, is flinging open the doors to its first branch today. Full story »

Equifax group profits lift - 29/07/2010
Credit reference agency Equifax today reported group revenues rose by seven per cent during the second quarter of this year to $460.7m (£294.2m), compared to the same period a year before. Full story »

Banks win rights to Cattle assets - 28/07/2010
Banks have today won a victory to secure their rights to the assets of troubled sub-prime lender Cattles. Full story »