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Businesses and customers hit by bank failure backlog

Millions of RBS, NatWest and Ulster Bank customers, including businesses, are facing continuing disruption following last week's computer failure.

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Scotland: SME access to finance eases

More than four out of five small businesses in Scotland are successfully applying for finance, latest figures from the Scottish Government indicate.

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Case for further quantitative easing gains momentum

The Bank of England narrowly decided against continuing its quantitative easing (QE) programme, minutes from this month's Monetary Policy Committee (MPC) meeting have revealed.

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Chancellor unveils banking reform to protect taxpayers

The UK banking system is to be overhauled in order to 'better protect taxpayers when things go wrong', Chancellor George Osborne has announced.

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Eurozone update: Spain to receive euro bailout

Eurozone ministers have agreed to lend Spain up to 100 billion euros (£80 billion) to support its struggling banks.

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No change to bank rates and quantitative easing

The Bank of England's Monetary Policy Committee (MPC) has voted to keep interest rates unchanged at 0.5 per cent and quantitative easing (QE) has not been extended.

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Four in ten SMEs win appeal against rejected bank loans

Around 40 per cent of SMEs who had their loan requests rejected by a bank have had their appeals overturned, an annual report from the British Bankers Association (BBA) has found.

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UK's free banking debate picks up pace

A top official at the Bank of England has added to speculation that the UK's banking system could be set to change after labelling free banking a 'dangerous myth'.

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Confusion over PPI compensation and tax liability

Individuals receiving compensation for mis-sold payment protection insurance (PPI) are unaware they may be liable to pay tax on awarded payments, after HMRC clarified its position on PPI and taxation.

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FSA investigates banks mis-selling to small businesses

The Financial Services Authority (FSA) is to investigate a growing number of claims that small businesses were mis-sold certain complex financial products by major banks in the UK, following a report that appeared in the Sunday Telegraph.

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