In this section our policy experts give their views on the latest news and developments in the banking industry
With all of the attention that bank branch closures have been getting in the media lately, it is important that we remind ourselves of the question that really must be answered – is there an acceptable level of access to banking in the UK that ensures no one is financially excluded?Read more
Written by Eric Leenders
On Monday Professor Russel Griggs, the independent external reviewer of the Appeals Process for small business lending, launched his first quarterly report of 2014. His numbers show that thousands of SMEs have used the Appeals Process successfully to obtain the finance they need.
BBA Executive Director of Business Finance Irene Graham’s blog sets out a simple step-by-step guide on how the Better Business Finance website that could help you launch an appeal.Read more
Written by Irene Graham
Irresponsible lending is good for no-one. Taking on too much debt can devastate an individual’s life and we only have to remember the events of the last decade to see what happens to banks when they lend out money that can’t be repaid.
That’s why the BBA and its members broadly support proposals from the Prudential Regulatory Authority to limit the number of mortgage loans greater than four-and-a-half times a customer’s income.Read more
Written by Nicholas Smith
You could be forgiven for thinking that London’s trams might be an unlikely place to find cutting edge technology. But from this week, this iconic and characterful mode of public transport – along with our more conventional Tube stations and buses – are offering technology that allows you to pay your way with just a flash of your bank card.Read more
Written by Anthony Browne