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Articles on UK banking

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Ex-politician Nigel Farage accused his bank of refusing his business because of his political views. Frank 2012/Shutterstock

City watchdog finds no evidence for recent political ‘debanking’ – but private banks have been picky for centuries

Research shows banks – especially private banks – have always been concerned about their customers’ social status and respectability.
A halfpenny token issued by the Parys Mining Company of Anglesey in 1788. The hooded druid design was used for many years and was the first of hundreds of token designs. BrandonBigheart/Wikimedia

Welsh mining towns had alternative currencies 200 years ago – here’s what the crypto world could learn from them

A Welsh mining company was the first to issue tokens to workers as an alternative form of payment.
Commonwealth Bank chief executive Ian Narev speaks at a press conference after the bank’s half year results announcement. Nikki Short/AAP

Explainer: what might upset Australia’s ‘rock solid’ banks

The Commonwealth Bank’s half year results suggest Australian banks are doing well despite the turbulence affecting banks internationally, however they may not be totally immune.
Labour reforms won’t cast much of a shadow in the City. Stefan Rousseau/PA Wire/Press Association Images

Labour talks tough on banking reform, but little will change

Given the scandals, bonus increases and plummeting lending to small and medium-sized British businesses, reform of the banking system is likely to be a hot topic in the run-up to the general election…

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