All articles by Douglas Blakey
Douglas Blakey
UK budget: financial services sector reaction decidedly mixed
Over 40 industry experts give RBI their take on the first Labour budget for 14 years. It is, says one, a sensible and balanced budget focused on economic growth and tax revenue growth. Others are far from convinced
European retail bank cost-income ratio drops in 2023, profit per customer rises
The annual European Retail Banking Radar tracks the performance of close to 90 retail banks across 21 European markets
Australian SME lender Bizcap launches in the UK
Lender, dedicated to offering faster and more open-minded lending solutions, has provided over 22,000 SMEs with access to capital, funding more than A$850m in loans since its launch in 2019
Satago partners with mmob to simplify its SME embedded finance proposition
The partnership will allow lenders and corporates to embed Satago’s flexible invoice financing and cashflow solutions, using mmob’s integration capabilities
Explainer: what is DORA and why must financial institutions act now to ensure compliance?
DORA or to give it its full title, The Digital Operational Resilience Act, is an EU wide regulation but it is very relevant to UK businesses and likely to be incorporated into UK law
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UK banks foil £651m in unauthorised fraud in H1 2023: industry reaction
Criminals stole £580m through unauthorised and authorised fraud in the first half of 2023, a 2% decrease compared with the same period in 2022
Signal: Standard sells aviation finance leasing business to AviLease
StanChart announced back in January that it was exploring strategic alternatives for its aviation unit. That review has concluded with the unit being sold
Metro Bank to open 11 new stores, posts third straight quarter of profits
Metro Bank reports a first half pre-tax profit of £15.4m compared with a loss of £10.5m in the year ago period
Are banks failing to meet new consumer duty obligations when communicating with customers?
Only 8% of consumers can understand information on new overdraft charges according to research from Quadient and Signal