
UK banks faced significant financial penalties recently, with HSBC fined £6.2 million for mistreating 1.5 million customers in financial difficulty. Fraudsters in the UK netted £1.2 billion from theft and scams last year, leading to concerns about consumer losses. Additionally, Nationwide and a major building society are offering monetary incentives to their customers, with Nationwide giving £193 and the building society providing £100 directly into millions of accounts. Other banks like NatWest and TSB are also giving extra payments to customers, such as children receiving £470 and customers receiving a free £160 payment if they act before July. EON announced that 350,000 customers will receive a £50 boost in their bank accounts.
EON says 350,000 customers will get £50 boost in bank account https://t.co/RZeref4J39
HSBC fined for not treating cash-strapped customers fairly https://t.co/9cXBVjG1jm https://t.co/38ovVYgvtQ
HSBC fined £6.2m for unfair treatment of struggling customers #hsbc https://t.co/6cXEcHWouW




