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The Latest Breaking News from TSB

TSB reveals record profits as higher interest rates increase income

Bank increases impairment provisions to nearly £55m, but maintains 'no significant rise' in financial distress among customers

Insider UK

TSB staff and bosses to share £29.8m bonus pot after record profits

Bank hails successful turnaround from IT meltdown in 2018 with profits up 16.5% to £182.5m

The Guardian - UK

NatWest announces closure of high street bank in Horwich

It's one of 23 banks set to shut this year

Manchester Evening News

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Aberfeldy to lose its last remaining bank premises

Businesses and private customers will no longer have an opportunity to visit the TSB branch in Aberfeldy as the bank is closing its doors in May.

Daily Record

Thousands of mortgage borrowers could get share of £150million - can you claim?

Lawyers at the firm Harcus Parker could be taking action on behalf of customers who believed they were unfairly charged high mortgage rates following the collapse of Northern Rock

Daily Mirror

TSB to close Nottinghamshire branch in May as 'more people use online banking'

TSB will also be closing eight other branches across the UK by May 2023

Nottingham Post

TSB to shut nine more bank branches this year - see full list of affected places

TSB currently has 220 branches in the UK - after these latest closures, which are happening throughout May 2023, that number will fall to 211

Daily Mirror

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TSB warns that new fraud refund mechanism could exclude a quarter of victims

Regulator's new rules reimburse bank transfer fraud victims, but exclude refunds where payments are for less than £100

Insider UK

TSB and Santander staff bonuses could be hit after City fines

Exclusive: Pay committees will factor in regulator’s fines over IT meltdown and money-laundering controls

The Guardian - UK

The support available for HSBC, NatWest, RBS, TSB, Barclays and Santander customers struggling during cost-of-living crisis

There are many ways your bank or building society could help if you’re worried about money or bills this year

Manchester Evening News

What your bank can do to help if you're struggling with cost of living

HSBC, Lloyds, TSB, NatWest, Barclays, Nationwide and others have new measures in place to help with the current crisis

Wales Online

Fears more 'struggling' shops will close on one of Notts' best high streets

The area has a variety of independent businesses from florists to travel agents and there is plenty of choice for food and drink. But the cost-of-living crisis and inflation has worried businesses.

Nottingham Post

TSB fined £48million over computer meltdown that left customers unable to access accounts

The issue occurred when TSB attempted to move customer data to a new computer system managed by Spanish owner Sabadell from the old one supplied by Lloyds Banking Group.

Daily Mirror

TSB fined almost £50 million for IT meltdown that locked customers out of accounts for weeks

The botched systems change in 2018 led to a weeks-long lockout for customers

Evening Standard

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Insider UK

TSB fined £48.7m over 2018 IT meltdown that left customers unable to access services

FCA said bank 'failed to plan for the IT migration properly' - TSB apologises again

Wales Online

TSB Bank fined nearly £50m after botched computer upgrade in 2018

The bank was attempting to switch over to a new IT system but the transfer went wrong. Regulators said there were "widespread" issues in how it handled customer data.

The Guardian - UK

TSB fined £48m over ‘serious failings’ in IT meltdown

FCA penalises bank after millions of customers were locked out of their accounts for weeks

The Guardian - UK

TSB fined £48m over IT migration meltdown; UK house prices ‘could fall 5%’ in 2023 soft landing – as it happened

Nationwide says a ‘relatively soft landing’ in housing market is possible, while TSB is penalised for operational failings over botched move to new IT platform in 2018

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Manchester Evening News

Pride of Manchester Awards 2023 - here's how to nominate your hero

One of last year's winners said the awards have given their cause 'such a huge' recognition

Daily Record

TSB launches new ‘Emergency Flee Fund’ for people experiencing domestic abuse

TSB branches in Alloa, Dundee and Galashiels are part of a pilot scheme offering dedicated support.

The Independent UK

TSB launches emergency flee fund for people experiencing domestic abuse

People will be able to get support payments of £50 to £500, depending on their need.

Wales Online

Martin Lewis recommends the best bank account switches to gain hundreds of pounds for free

The consumer champion said the change could help households cover the post-Christmas bills

Wales Online

Five scams to watch out for on Facebook Marketplace

More than half of social media purchase fraud is linked to Facebook, according to TSB, from fake ads to phishing links

Edinburgh Live

Santander, HSBC, Nationwide, Lloyds Bank and TSB customers warned over fraud protection levels

Which? tested the effectiveness of the leadings banks scamming protection after a survey found 68 per cent of victims faced spoofing calls when initially approached by fraudsters.

Glasgow Live

Santander, HSBC, Nationwide, Lloyds Bank and TSB customers issued protection warning

Consumer group Which? tested the effectiveness of five leading banks and their consumer protection levels as fraudsters continue to use spoofing calls and emails to fool victims.

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