Lending To Businesses Falls at its Fastest Rate in Two Years
Lending to British businesses by UK banks fell at its fastest rate in almost two years in February; figures released by the Bank of England have shown. In its Trends in Lending report, the Bank of England revealed that annual lending to businesses is falling at a rate of 3%. This is compared to the […]
EasyJet Launches New Routes For Business Travel Market
Budget airline easyJet is continuing its assault on the business traveller market with the launch of nine new routes for winter this year. All the new routes announced by the airline are key European city pairs that have been found to be popular with business travellers. “The launch of these nine new routes cements our […]
Credit Card Criminals Target Hospitality Industry
The hospitality industry is being warned of a heightened danger of attack from cyber criminals, as a new type of malware targeted at hotels goes on sale on the black market. A shift in the focus of cybercriminals has been detected recently, as they target systems that store details of a higher number of credit […]
A Third Of New Mums Get Into Debt On Maternity Leave
Nearly a third of new mothers end up in debt during their maternity leave and are forced to cut their leave short as a result of their ailing finances. A survey of more 1,000 new mums found that 28% ended up in the red during their maternity leave, racking up an average debt of almost […]
Smartphone Payment To Replace Credit Cards By 2020
Smartphones will replace credit cards and even cash as the chief method of payment by 2020, experts have predicted. A survey of more than 1,000 technology experts has found that the majority believe contactless payment will overtake cash and credit cards in this decade. The survey found that more than 60% of technology experts felt […]
Eurostar Announces Boost In Passenger Numbers
Eurostar has seen an increase in passenger numbers and sales revenue in the first three months of this year, the high speed rail service has announced. The growth has been put down to a boost in leisure travel with the service, as business travel has remained largely the same compared to last year. Sales revenues […]
Brits Benefit From Cheaper European Holidays
British travellers are set to benefit from cheaper European holidays this year as the value of the pound (GBP) strengthens over European currencies. Both Euro and non-Euro currencies have been weakened over the past year, putting the British currency at a distinct advantage. This means that trips abroad are now more affordable, with the Latvian […]
British Travel Numbers Return To Form After Four Year Decline
Latest figures from the Office for National Statistics (ONS) showed the number of British residents travelling abroad grew for the first time in 2011, following a four year slump. Previous figures had shown a decline in the number of Brits taking holidays abroad since the onslaught of the 2008/2009 recession, making this increase particularly positive […]
Police Fear Rise In ATM Fraud During Olympics
People using cash machines this summer are being urged to be extra vigilant, as police fear a sharp rise in ATM crime during the Olympics. ATM crime is on the rise in Britain, with criminals using advanced technology to obtain cardholders’ bank details. Millions of pounds are stolen from customers every single month, and police […]
Barclaycard Increases Cash Machine Charges
Barclaycard is to make changes to the amount it charges for customers to withdraw money from cash machines, the finance company has announced. The firm also plans to impose new charges on gamblers who use a Barclaycard credit card to place bets from the end of next month. There is currently no charge for placing […]