HSBC has become the first bank to put a figure on the amount of money it expects to have to return to customers after the current bank charges test case.
With less than two weeks to go before the Chancellor delivers his first full Budget speech, KPMG says now is the time to do more for small to medium-sized businesses.
The banking industry is on track to deliver the infrastructure that will enable a new faster payments service to be launched starting on 27 May this year.
Telecoms watchdog Ofcom has issued O2 with a deadline for meeting its 3G rollout obligation and threatened penalties of at least £40m if the firm failed to comply.