Stamp duty: TSB and Shawbrook join mortgage lender call for reform before Budget Business A group of mortgage lenders and brokers have called on the government to refund stamp duty for homeowners in a bid to accelerate energy efficiency improvements in UK housing and reduce national emissions. TSB, along with Shawbrook, the Mortgage Advice Bureau (MAB) and Leeds Building Society, have called on the government to provide more support [...]
TSB Bank handed huge fine for failing customers in arrears Banking The financial watchdog has fined bank TSB almost £11m over its treatment of customers, but the penalty could have been even worse. TSB Bank will have to pay £10,910,500 after the Financial Conduct Authority (FCA) found it had failed to ensure customers in arrears were treated fairly. The FCA said it also didn’t have sufficient [...]
Onesavings Bank chief’s pay slashed by 40 per cent after slump in profit Banking The chief executive of Onesavings Bank has seen his remuneration for last year slashed by 40 per cent after the specialist lender posted a slump in annual profit.