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The Latest Breaking News from Tesco Bank

Barclays completes Tesco Bank buy as retailer hands £700m to shareholders

The retailer said the deal will kick off a 10-year partnership with the finance giant.

Evening Standard

Concerns over Barclays Tesco Bank transfer

The deal would see BBUK continue to operate the business under the Tesco Bank

The Independent UK

How to avoid blowing your holiday budget at the airport

With four in five of us happy to start splashing the cash as soon as we’ve cleared security, here’s how to keep control of your wallet.

The Independent UK

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Tesco 'admits defeat' as it sells bank arm to Barclays in £700m deal

Tesco has sold its banking arm to Barclays in a £700 million deal that signals a wider retreat from financial services by the big UK grocers.

Evening Standard

Tesco to sell bulk of banking business to Barclays for £700m

About 2,800 of supermarket group’s staff will transfer to bank, which will sell Tesco-branded services

The Guardian - UK

Protesters occupy Tesco Bank offices in Glasgow with 'Christmas party'

ACTIVISTS with This is Rigged have thrown a “Christmas party” in the foyer of the Tesco Bank offices in Glasgow.

The National (Scotland)

28% of disabled people ‘have seen finances hit by lack of ease contacting firms’

Experian has launched a support hub to act as a ‘one-stop’ portal for people to give their contact preferences for several businesses.

The Independent UK

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Squeezed holidaymakers typically exchanging less currency this year, bank finds

Internal data from Tesco Bank shows the average amount people are exchanging to take away on trips abroad so far in 2023 is £308.

The Independent UK

5.3 million Brits fear they cannot afford to look after their pets

Nearly one in ten owners have even thought about or have had to rehome their pet

Evening Standard

44% of people don't have pet insurance in cost of living crisis

The average cost of illness or accident can be almost £900

Wales Online

Mum issues Roblox warning to parents after 10-year-old girl spent £2,500 playing game on iPad

The mum, from Wales, is urging other parents to be vigilant after her daughter managed to change their password to allow payments

Chronicle Live

Ten-year-old girl spent £2,500 playing Roblox on her mum's iPad

The girl changed the password on the family's iPad without anyone realising

Wales Online

Fifth of dog insurance claims down to one tiny thing each summer

Experts have issued a warning as the weather gets warmer

Wales Online

Five money tips to help manage your finances better this month to get ready for summer

Tesco Bank is encouraging people to spring clean their finances over the May bank holidays.

Daily Record

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Chronicle Live

Tesco announces huge Clubcard change - and it's bad news for drivers

Drivers will collect fewer points when they fill up at a Tesco pump from June in the newest announcement about loyalty scheme

The National (Scotland)

FoH chairman on how fan-owned Hearts are closing the gap on Celtic and Rangers

AS a boy growing up in Belfast, Gerry Mallon always resisted the lure of the Old Firm clubs despite the passion which so many of his compatriots had…

Daily Mirror

Tesco 'eyeing up sale of its bank business' in move that would affect 5million customers

Tesco is reportedly undergoing a review of its banking service Tesco Bank, which could potentially lead to a sale of the banking arm worth around £1billion

Insider UK

Lloyds Banking Group appoints pensions expert as Scottish chair

Promotion comes as Philip Grant retires after 40 years' service

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Insider UK

Tesco Bank gives staff £1,250 cost-of-living pay rise

The move followed discussions with two major trade unions

Liverpool Echo

Five easy ways to keep on top of your debt in 2023

If you're starting the new year in debt, here are a few things to help you get back on track

The Independent UK

5 ways to get on top of your debts in 2023

Around a quarter of us have started the new year in debt, according to a new survey. Vicky Shaw finds out how to get back on track.

Daily Mirror

More than a quarter of people ‘expect to start 2023 in debt’, survey shows

Debt remains a taboo topic for some, with 23% of those polled admitting that talking about financial trouble would make them feel shame and 18% saying they would never confess it to anyone

The Independent UK

More than a quarter of people ‘expect to start 2023 in debt’

On average, people expect that it will take 21 months to pay back what they owe, according to Tesco Bank.

The Guardian - UK

Savings: make the most of UK rate rises by switching accounts

Inertia or an excess of trust results in billions of pounds languishing in accounts paying little or no interest

Edinburgh Live

Edinburgh Tesco Bank staff face axe at same time company books 'laughologist'

Workers are understood to have been angered by the company's decision to hire a professional 'laughologist' to support workers mental health at the same time that they are letting hundreds of workers go.

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