Banks

What would you tweak about the UK? Your first instinct may be 'a flat rate of income tax', 'independence for Cornwall', or 'free university education for all'. Yet I'm not talking about big contentious change – this is about quick fixes for life glitches.

Users of certain Apple devices will soon be able to pay for goods at some UK retailers including Boots and Starbucks and for travel on Transport for London simply by touching their handset or watch to a contactless reader.

The UK banking regulator has fined Lloyds Banking Group a record £117 million for its failings and 'unacceptable' conduct in handling claims over payment protection insurance (PPI).

Northern Rock mortgage customers with unsecured loans of between £25,000 and £30,000 may get redress for historical paperwork blunders if the decision of an appeal heard last month goes their way.

Current account customers of six major banks will be able to download a year's worth of data into a single format from today, which it's hoped will then be used to make comparing bank accounts easier.

Spain's Banco de Sabadell has reached an agreement to take over British bank TSB it's been announced today, but its "business as usual" for TSB customers.

A financial health minister should be appointed to help ensure everyone has access to basic facilities such as banking, affordable credit and is encouraged to save, a report argues.

Suppose I offer you a bet on the toss of a (non-rigged) coin. If you win you get £100, if I win you give me £1. Would you take the bet? Of course you would.