News & blog

Business Banking Insight website seeks to enhance competition and transparency in the banking sector

New website will help ensure that Britain’s businesses and consumers can benefit from high quality banking products and services.

The Business Banking Insight (BBI) aims to help over 5 million UK businesses to identify which bank is best for them and get the best possible service.

The survey, as originally announced by the government in 2013, aims to improve competition and choice in the banking sector for small and medium-sized businesses (SMEs).

The new and improved BBI website, which has been launched today (28 July 2016), will provide SMEs with a clear and credible way to judge how their bank compares to its competitors.

The Economic Secretary to the Treasury, Simon Kirby, said:Read More