News & insights
Latest news
Useful information about switching and current accounts.
The Current Account Switch Service unveils the UK’s Regional Switching Rankings
Northern Ireland was the busiest region for switching in Q2 with 5,667 switches, followed by Birmingham (5,558) and Sheffield (4,626) When London’s local areas are combined, it pulls ahead with 15...
25 September 2025
Those with over £15k in their bank account have recently received financial help from loved ones
Half of UK adults with over £15,000 in their current account have recently received financial support from a loved one 74% of over-55s with £15k+ plan to gift money to younger relatives – rising t...
28 August 2025
Bank of England cuts base rate as mortgage and savings rates continue to drop
In response to the Bank of England’s latest base rate decision, John Dentry, Product Owner of the Current Account Switch Service at Pay.UK, said: “The Bank of England is cautiously trying to encourage...
07 August 2025
Insights
Useful data about switching current accounts.
June sets 2025 record for current account switching
Full details are available in the latest edition of the Current Account Switch Service Dashboard (no.47), downloadable here
31 July 2025
Current Account Switch Service reports 222,805 switches in Q1 2025
Full details are available in the latest edition of the Current Account Switch Service Dashboard (no.46), downloadable here
24 April 2025
The Current Account Switch Service reports 1.2 million switches in 2024
Full details are available in the latest edition of the Current Account Switch Service Dashboard (no.45), downloadable here
30 January 2025