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The Latest Breaking News from Monzo

Surge in current account customers switching banks

Record number used seven-day switching service as rivals offer strong incentives to move accounts

Wales Online

Surge in current account customers ditching and switching their bank

The number of current account customers using the seven-day switching service in the final quarter of 2022 was the highest since it launched in 2013.

The Independent UK

Three in five Brits worry they won't have enough money to make it through the year

Almost a fifth don't expect to be able to set any money aside in savings this year due to the continuing cost-of-living crisis as they aim to tighten their weekly spending budget by over a third

Daily Mirror

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Edin Dzeko spotted laughing at Romelu Lukaku's nightmare moment during Inter Milan match

Romelu Lukaku had Edin Dzeko in stitches during Inter Milan's 2-2 draw with Monza, as the on-loan Chelsea striker took a poor first touch - only for their opponents to equalise as a result

Daily Mirror

Spike in use of gambling blocks to curb overspending amid income squeeze

Online bank Monzo revealed that it has seen 50,000 of its customers utilise its gambling block tool for the first time over the past six months.

The Independent UK

Management shake-up at GB Bank as chair Paul Rippon resigns

The co-founder of Monzo spent more than two years with the challenger bank

Birmingham Post

Chris Pitt of First Direct: ‘We’re the best unfound bank in Britain’

The chief executive pulled out all the stops for customers with their mortgages during the mini-budget turmoil. Now he wants to double their number

The Guardian - UK

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'I blew my entire salary within three hours of getting paid - it wasn't all my fault'

Danny Cheetham racked up £50k worth of debt

Manchester Evening News

Student budgeting: make your money go further as cost of living crisis bites

From banking to accommodation and discounts and deals, there are ways to make your cash stretch

The Guardian - UK

Travel expert reveals conversion rate mistake that causes holidaymakers to lose out

A savvy travel whizz has shared her essential 'hack' to better conversion rates with just a click of a button - people are shocked at this easy money-saving tip with many falling victim to the error

Daily Mirror

Starling and Monzo beat big banks in customer satisfaction survey

298-year-old Royal Bank of Scotland came bottom of the list

Evening Standard

Challenger banks jump ahead of industry giants for customer satisfaction

Starling Bank and Monzo were the top-ranked current account providers, while Royal Bank of Scotland and The Co-operative Bank were bottom-ranked.

The Independent UK

Monzo co-founder helps invest £20m in company working to tackle NHS staffing crisis

The company was founded in 2016 by Dr Anas Nader and Dr Jing Ouyang

Birmingham Post

NatWest and Nationwide ‘make strongest gains among current account switchers’

Nearly two-thirds of current account switchers in the past year used the Current Account Switch Service.

The Independent UK

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Liverpool Echo

Cash stuffing: the TikTok budgeting method helping people to save thousands

This viral saving trend has helped people clear tens of thousands in debt and save for big purchases, and all you need is a packet of envelopes

The Guardian - UK

‘Shopping is a nightmare’: how ADHD affects people’s spending habits

Research shared exclusively with Guardian Money shows the effects the condition can have on finances

Evening Standard

London Tech Week: 20 of the hottest British start-ups to follow now

From the fintech firm started by two Gen-Z sisters to Euan Blair’s billion dollar idea, here are the hottest new businesses in town as London Tech Week continues

The Guardian - UK

New ways to save, budget and borrow as the cost of living crisis bites

From money circles to workplace saving schemes, these tricks could help you stay on top of things

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Chronicle Live

Major banks down as websites crash including Lloyds and Halifax

Thousands of customers are reporting issues with their online banking

Liverpool Echo

Halifax, Santander and Monzo among banks hit by glitch

Bank customers report problems with transferring funds, online banking and mobile banking apps

Bristol Post

Santander down: Customers report issues as Barclays, Halifax, Lloyds, Nationwide and Monzo also affected

Several UK banks are facing issues this morning

Manchester Evening News

Major bank sites crash including Lloyds and Barclays

One bank confirmed they are currently experiencing issues with all their online services

Wales Online

Barclays, Halifax, Lloyds, Nationwide and Monzo customers locked out of accounts

It looks like there is an issue with Faster Payments

Daily Mirror

Santander and HSBC customers 'can't pay bills' as 10 banks hit by glitch - see full list

Thousands of customers have been unable to carry out any online banking today as multiple banks are affected by an issue starting with Santander's payment system

AFP

Starling bank's Anne Boden takes fintech out of London

Cardiff (United Kingdom) (AFP) - Gazing out from the new offices of online bank Starling, Anne Boden sees the familiar, modest surroundings of the Welsh capital Cardiff rather than the skyscrapers of London's City financial district.

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