Lloyds and Halifax banking app customers urged ‘do not make repeat payments’

Dariusz Karpowicz, Director at Albion Financial Advice commented: "The banking sector appears to be stumbling through a technological rough patch, with Halifax experiencing widespread payment issues mere days after Barclays' significant service disruption.

Coming on the heels of the self-assessment tax deadline chaos, this latest banking breakdown has left customers and businesses in an increasingly precarious position. These consecutive failures in our major banking institutions raise serious questions about the resilience of our financial infrastructure in an increasingly digital economy.

While technological advancement has revolutionised banking convenience, these disruptions serve as a stark reminder of our systemic vulnerability - particularly concerning given the rapid shift towards a cashless society."