TSB Bank has been fined £48.65m by the FCA and PRA for "operational failures" that led to customers being unable to access banking services.

TSB says it is the first bank in the UK to offer a new fraud refund guarantee.

The FCA has warned that fraudsters are claiming to use the name TSB try to con investors.

ISA interest rates are as low as 0.05% among 32 mainstream providers, a probe has shown, as new rules come into force today.