Banks
UK banks complete first live tokenised sterling deposit transactions
Major UK banks have executed the first live customer transactions using tokenised sterling deposits via the Great British Tokenised Deposit initiative.
#Savings rates and deposit competition
Every Banking story tagged Savings rates and deposit competition.
Regulation
ECB raises rates as oil prices stoke inflation
The European Central Bank has raised interest rates to 2.5%, citing persistent inflation from the US-Iran war's impact on energy costs.
Products
Félix raises $200m for expansion
Félix, a chat-based financial platform for Latino immigrants, has raised $87 million in equity and $113 million in debt to develop new lending and savings products.
Products
Review launched into business rates for pubs and hotels
The Treasury has commissioned a review of business rate valuations for pubs and hotels in England and Wales to determine if system reform is necessary. Expert Jerry Schurder, a former policy lead at Newmark UK, will lead the investigation and deliver a report by March 2027.