Binance suspends sterling deposits and withdrawals
Binance has suspended pound sterling deposits and withdrawals – find out what this means for its UK customers.
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Credit Suisse: What caused this £75 billion crisis and how will it hit British citizens?
Shares in European bank Credit Suisse dropped 24% on Wednesday after revealing a “material weakness” in its financial reporting.
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Klarna to introduce late fees in the UK
Klarna will start charging UK customers for late payments from March 2023.
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Zopa to acquire buy now, pay later provider DivideBuy
Zopa is buying DivideBuy in its first acquisition since signalling a move towards offering BNPL.
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“Britcoin” digital pound due to launch by end of the decade
The Bank of England and the Treasury say that we could be using a digital pound in the next 10 years. Find out more here.
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Nationwide launches 5% cashback on supermarket shopping
From 9 February to 30 April 2023, Nationwide current account holders can earn 5% cashback on their supermarket shopping.
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Revolut introduces crypto staking in the UK
Revolut continues to expand its crypto services and has now introduced staking for UK customers. Discover more here.
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S&P 500 reaches 5-month high as tech shares rally
The S&P 500 gains off the back of Meta, Apple, Amazon and Alphabet’s latest results.
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S&P 500 snaps winning streak ahead of the next Fed update
Stocks snapped a strong January rally as investors look towards a busy week on the market.
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Consumers put £1.2bn on credit cards as borrowing hits highest level since 2004
Borrowing in the UK reached £1.5bn in November 2022: a jump from £700m in October and the highest monthly level since 2004.
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