The Latest Breaking News from Revolut

High costs and poor weather drive 38% of Brits under-35 to consider moving to Southern Europe for better quality of life and tax incentives.

Nik Storonsky’s remarks came as the chief executive of Barclays said London’s stock market had ‘shrunk’ while ‘the US has grown’.

Fraudulent payments – where people are tricked into sending money to criminals – cost consumers £460 million in England and Wales last year. To give consumers more protection, the UK government now plans to give banks 72 hours to delay completion of potentially fraudulent transfers.

Old-school banks are ending up too costly and slow for many businesses who want more mobile funcitonality.

The bank’s Property Insights report found that spending on rent and mortgages jumped by 6.4% annually last month.

One Revolut customer said he had £165,000 stolen from his business account by fraudsters

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There are reports of people being bombarded with calls from debt collectors or people contacting them to buy drugs

British online bank Revolut on Thursday urged Facebook owner Meta to reimburse victims of password security breaches, blasting the US tech giant's data-sharing partnership with several UK banks as "woefully" inadequate.