Barclays to shut down Pingit on 30 June

Barclays has writen to customers confirming the closure of Pingit from 30 June, when users will no longer be able to use the app to send, receive or make payments.


OakNorth Bank reports £78 million pre-tax profit

In addition to this, the Bank has only had a cumulative ten defaults since inception, six of which have been resolved with 100% recovery and it has therefore, had no loan write-offs to date.


Need for EU bank option undeniable

Investors will applaud Bank of Ireland’s pragmatism but the shopkeeper without a local bank will wonder how many more challenges this world will bring them, their employees, or their customers.