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Construction purchasing managers’ index shows sector remains mired in contraction
Intense competition triggers price war in core mortgage market
Latest data show digital tools appeal to banking customers
Affected customers received incorrect statements on cost of insurance policies
US payments company TSYS apologises for problems that hit RBS, Nationwide and Tesco Bank
Legislation designed to cut risk in the banking sector has flooded the market with capital
Prices in London fall for eighth-straight quarter
UK mortgage lender increases loanbook size even as housing market remains ‘subdued’
Banking body awards funds to oldest mutual savings and mortgage provider Nationwide
Equity release and interest-only loans expected to prompt other lenders to act
Cost of homes in UK ‘subdued’ but still better than expected
Rising competition and sluggish property market weighs on key profitability metric
UK’s largest building society unveiled £1.3bn technology spending plan in September
Move comes as banking rivals and new entrants increase fintech funding
UK’s largest building society warns market likely to remain tough for some time
RBS is being forced to provide £425m to help rivals as a condition of its state bailout
Around 250 employees will move in-house with 1,500 subcontracted workers to continue on same terms
Net lending drops by a third and mutual expects competition to remain intense
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