News

Tesco Bank is temporarily declining requests from some existing customers to switch their current account to a new provider. The supermarket giant says it's struggling after being inundated with ...
Tesco Bank has announced it will close all of its 213,000 current accounts on 30 November 2021. But credit card, loan, insurance and most savings customers aren't affected – we've full info on what's ...
Tesco will retain all other existing activities of Tesco Bank, including insurance, ATMs, travel money and gift cards. Shares in Tesco were up 1.4% in morning trading, while Barclays was down 0.3%.
U.K. supermarket Tesco PLC (TSCO.LN) on Tuesday said its banking business has agreed to sell its mortgage portfolio to Lloyds Banking Group PLC (LLOY.LN) for around 3.8 billion pounds ($4.6 billion).
Barclays has completed its £600m takeover of Tesco’s banking arm after high court approval for the buyout came on 17 October. As part of a ten-year partnership between the two firms, Barclays ...
UK grocer Tesco Plc’s banking business is attracting initial interest from Lloyds Banking Group Plc, people with knowledge of the matter said.. Lloyds is among a number of suitors that have been ...
Tesco Bank, owned by Britain’s biggest supermarket chain Tesco , said on Thursday it agreed to give around 3,400 members of staff a 1,250 pound ($1,540.63) pay increase to help them deal with ...
Barclays surpassed analyst expectations in its annual results report on Thursday, after a strong year for its investment banking arm and day one benefits of its Tesco Bank takeover. The FTSE 100 ...
It’s possible to take out a Tesco Bank personal loan of between £3,000 and £35,000, while the length of time you’re allowed to repay the loan can be as short as one year and potentially as ...
The £600 million deal will include Tesco Bank’s credit card, loan and savings business. We explain what it means if you’re a customer – and some things to keep an eye on in the coming months.
Tesco Bank was fined £16.4m by the UK's Financial Conduct Authority (FCA) over a 2016 incident in which cyber attackers stole £2.26m from 9,000 customers. The FCA found multiple flaws in the ...