Tagged: uk finance

September 13, 2025 @ 2:20 pm By Omar Faridi  |  

The UK’s small and medium-sized enterprises (SMEs) are experiencing a boost in financial support, while the financial services industry is addressing critical regulatory changes. Recent updates from UK Finance highlight these developments: a notable increase in SME lending and the release of a position paper… Read More

August 18, 2025 @ 8:15 am By Omar Faridi  |  

In its latest report for Q2 2025, UK Finance has released updated data on mortgage arrears and possessions, shedding light on the state of the UK mortgage market amidst ongoing economic uncertainties. The report highlights a continued decline in mortgage arrears for both homeowner and… Read More

August 4, 2025 @ 11:31 am By Omar Faridi  |  

The UK financial sector is navigating a transformative period, with evolving consumer preferences, regulatory changes, and technological advancements shaping the industry. Recent updates from UK Finance highlight key developments in consumer readiness for digital finance, improvements in Cash ISA transfer efficiency, priorities for motor finance… Read More

July 23, 2025 @ 8:29 am By Omar Faridi  |  

The UK financial sector, a key part of the national economy and the largest global net exporter of financial services, is at a pivotal moment. Recent updates and initiatives from UK Finance, an industry body representing 300 firms, outline a progressive agenda to enable economic… Read More

July 15, 2025 @ 1:34 am By Omar Faridi  |  

The UK financial services sector is undergoing a transformative period, with recent developments highlighting efforts to foster inclusivity, innovation, and resilience. Key updates from UK Finance underscore initiatives like the Investing in Women Code, advancements in payment systems, IT challenges, compliance with the EU’s Digital… Read More

July 14, 2025 @ 8:42 am By Omar Faridi  |  

ComplyControl, a provider of AI-driven solutions for banks and financial institutions, is pleased to announce that it has officially become an Associate Member of UK Finance, the trade association for the UK financial services sector. ComplyControl made its entry into the UK market in 2024,… Read More

July 6, 2025 @ 2:45 am By Omar Faridi  |  

UK Finance has released its submission to government ahead of the Chancellor’s Mansion House speech on 15 July and the government’s new Financial Services Growth and Competitiveness Strategy. This builds on UK Finance’s previously issued Plan for Growth and sets out ideas to “help the… Read More

June 10, 2025 @ 7:51 am By Omar Faridi  |  

As the UK strives to meet its net-zero targets by 2050, a new report from UK Finance highlights the urgent need for a coordinated strategy to drive demand for green home upgrades. Titled Greening Homes, Creating Growth: Unlocking Demand for Green Home Finance, the report… Read More

June 2, 2025 @ 11:36 am By Omar Faridi  |  

The UK housing market has experienced a significant surge in activity in 2025, driven largely by changes to stamp duty thresholds, according to a recent update from UK Finance. Separately, the organization’s Annual Fraud Report 2025 highlights a notable decline in fraud losses, reflecting advancements… Read More

March 28, 2025 @ 8:40 am By Omar Faridi  |  

UK Finance, a trade association for the UK banking and financial services sector, joined forces with Which?, a consumer advocacy group, to issue a compelling call to action in a letter addressed to the Chancellor of the Exchequer and the Home Secretary. This rare collaboration… Read More

March 18, 2025 @ 8:21 am By Omar Faridi  |  

UK Finance released its Plan for Growth, a blueprint designed to amplify the financial services sector’s role in driving the UK’s economic agenda. Submitted to the government earlier in March of this year, the suggested plan consolidates key insights from industry body UK Finance’s diverse… Read More

March 4, 2025 @ 7:59 am By Omar Faridi  |  

UK Finance has released its latest Household Finance Review for Q4 2024, which explores trends in household spending, saving, and borrowing. UK Finance noted in the update that the mortgage market strengthened in Q4 2024, with both first-time buyers and home mover numbers “up by… Read More

December 19, 2024 @ 11:29 am By Omar Faridi  |  

High street bank lending to SMEs remains stable in Q2 2024, according to an update from UK Finance. UK Finance recently released its latest Business Finance Review which “reports on the finance needs of small and medium-sized enterprises (SMEs) in the second quarter of 2024.”… Read More

December 6, 2024 @ 9:02 am By Omar Faridi  |  

UK Finance released its Household Finance Review for Q3 2024, which explores trends in household spending, saving, and borrowing. According to the update from UK Finance, mortgage lending grew for the second successive quarter, rising by “15 per cent year-on-year, despite the continuing affordability challenges… Read More

October 24, 2024 @ 8:53 am By Omar Faridi  |  

UK Finance has released its 2024 banking sector tax report, UK Finance has shared key insights in its latest estimate of the total tax contribution of the UK banking sector, produced by Big Four auditing and professional services firm PwC. The detailed analysis shared by… Read More

October 22, 2024 @ 11:14 pm By Omar Faridi  |  

UK Finance has shared a Half Year Fraud Report 2024. According to the latest update from UK Finance, fraud continues to pose a major “threat” to the United Kingdom as well as potentially cause “serious harm’ to individuals and society in general. During the first… Read More

September 23, 2024 @ 5:35 pm By Omar Faridi  |  

UK Finance is calling for further housing market reform. UK Finance recently releases its report ‘Homes We Need’ which proposes solutions to complement the government’s plans. UK Finance, which represents over 300 firms “including 120 mortgage lenders, is today releasing its report Homes We Need.”… Read More

September 17, 2024 @ 7:37 am By Omar Faridi  |  

R3, the infrastructure platform building digital solutions for financial markets, and Quant, the digital finance pioneer, announce the release of the results of UK Finance’s UK Regulated Liability Network. The report which follows work with UK Finance with eleven of its members and partners on… Read More

September 8, 2024 @ 4:20 pm By Omar Faridi  |  

Three in five UK consumers reportedly fear falling victim to fraud, as life gets busier in September. This, according to an update from UK Finance. UK Finance notes in a blog post that half of the people say “they feel busier when coming back from… Read More

July 19, 2024 @ 6:12 am By Omar Faridi  |  

David Postings, Chief Executive of UK Finance, comments on the 2024 King’s Speech. David Postings from UK Finance noted: “We welcome the focus in the King’s Speech on economic stability and growth, something the financial services sector will play a key role in delivering. The… Read More