Banks

Millions of Lloyds, Halifax and Bank of Scotland customers could benefit from a bank charge overhaul, meaning they won't pay if they go over their overdraft limit and there'll be no fees for missed payments – but two million could be worse off.

Update 11.15am: Since we published this story the technical issue now appears to have been resolved and cards are working normally.

Almost 40% of UK adults now use banking apps, with about 30 transactions taking place every second.

Lloyds Banking Group has this week completed its £1.9 billion takeover of credit card firm MBNA, but customers of both will see "no changes whatsoever", according to the banking giant.

The Bank of Scotland is cutting the headline interest rate on its current account 'Vantage' add-on from 3% to 2% in June, MoneySavingExpert.com can reveal - meaning you'll no longer be able to save £15,000 at 3% interest.

Santander has confirmed it will review a "misunderstood" clause in its buy-to-let mortgage terms, which states landlords must increase rents by "as much as reasonably can be achieved".

Banks will be forced to make banking easier and fairer for millions of customers from later this year after receiving a "strict timetable" from the competition watchdog.

Bank switchers looking to take advantage of Halifax's £100 switching incentive will need to act fast after the company confirmed it will cut the introductory offer to £75 from 1 March.

About 100,000 current accounts held with building society brand Norwich & Peterborough (N&P) are set to close by 31 August because the brand itself will cease to exist. If you're affected by the closure you'll be contacted with details on how to switch elsewhere.

Fewer than 2% of the UK's 70 million active personal current accounts were switched in 2016, the latest figures show – and the overall number of switches fell slightly compared with 2015. If you're not happy with your bank you can pocket more than £100 by ditching and switching.