Tag: UK Banking
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Labour Pushes for Legislation to Boost Affordable Lending for Small Firms and Low-Income Areas
A call for legislative action to expand affordable lending Senior Labour backbenchers are urging the government to consider new legislation that would compel UK banks to broaden affordable lending to small businesses and underserved communities. The move comes as part of a broader push to increase access to finance for entrepreneurs and residents in low-income…
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Banks Race to Shake Up Cash ISAs as £12,000 Limit Looms
Why the Cash ISA Limit is Changing Savers are watching a pivotal change in the way cash ISAs operate in the UK. The government is moving to reduce the annual cash ISA limit from its current level to £12,000, prompting institutions to rethink their best offers for new and existing customers. The shift aims to…