Main menu For students For teachers Explore our subjects Student events & courses

Explore

More for students
Sign in

Teaching Economics

In the News

Contestability in Banking - Are New Entrants Making a Difference?

Geoff Riley

28th March 2016

Share this content:

Retail banking is an industry where established companies have hefty market dominance and new entrants such as Virgin Money, Metro Bank and others have barely made a dent thus far. But the UK is also a leading centre of "fintech" which promises to re-shape the retail banking landscape if start-ups such as Zopa and Funding Circle among others can scale up their operations.

Share this content:

Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.

@tutor2uGeoff

You might also like

Micro Case Study: Meta

Topical case studies

Revolut and the Erosion of Barriers to Entry in Banking

24th March 2026

Micro Case Study: Amazon

Topical case studies

In the News Teaching Activity – Is the UK falling for fried chicken? (Feb 2026)

16th February 2026

In the News Teaching Activity – Should Netflix be allowed to acquire Warner Bros? (Dec 2025)

11th December 2025

Micro & Macro Effects of Increased Banking Competition | A-Level Economics Revision

30th May 2025

Six Market Structures to Revise for Exams (2025 Focus)

10th April 2025

In the News Teaching Activity – can Virgin trains compete with Eurostar? (Mar 2025)

20th March 2025