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Just when many analysts had come to terms with the 3.5% rise in retail sales in May and the fact this did not seem correct, June has seen a fall of 3.9% in sales – the worst fall in 22 years. The...
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Bank accounts News Archive → Syndicate this
Wednesday 23rd July 2008
Have You Declared That Offshore Account? The tiny European country of Liechtenstein is at the centre of a massive investigation by HM Revenue & Customs (HMRC) into British citizens who have asset hidden overseas. The UK government...
Wednesday 23rd July 2008
Northern Rock’s New Chief Executive Announced In a move which has been on the cards for some time Northern Rock has announced the appointment of a new chief executive to take over the reigns from Andy Kuipers who will be leaving the group at...
Wednesday 23rd July 2008
Can You Afford To Save? While the banks and building societies are still desperate to gain access to funds to lend to customers there are some interesting savings options on the market. However, many of those with...
Tuesday 22nd July 2008
Mervyn King Turns Up The Heat On Bank Compensation Scheme Mervyn King, the governor of the Bank of England, has turned up the heat on the UK’s leading banks by suggesting that they should start contributing to a new compensation fund now, rather than...
Tuesday 22nd July 2008
Lloyds Bank Hits Student With £800 Charges For 8p Overdraft! It seems as though Lloyds Bank cannot keep out of the headlines at the moment, but for all of the wrong reason!

Today sees a claim that the bank has been chasing a...
Sunday 20th July 2008
Lloyds TSB Named Head Of The Overdraft Charge League In a move which will cause many consumers to sit up and take notice it has been announced that Lloyds Bank is the worst offender when it comes to charging customers for brief dips into the red. A...
Friday 18th July 2008
More cash machines in low-income areas The government's plan to introduce more cash machines in low-income areas is making "substantial progress". Some 18 months after its launch, the joint initiative between the HM Treasury ...
Wednesday 16th July 2008
Bank account providers criticised by OFT Banks are not being transparent enough about interest rates and penalty charges for their current accounts, an Office of Fair Trading (OFT) investigation has found. According to the new report, wh...
Wednesday 16th July 2008
OFT To Hit Banks With Greater Regulation In a move which is sure to send shockwaves throughout the banking industry it has been reported that the average UK consumer is paying £152 a year for their free banking services. More...
Saturday 12th July 2008
Lloyds TSB Hits Foreign Student With £660 In Charges While Mongolian student Bayar Lkhagvajav may have only gone £1.86 overdrawn initially, the events which followed his error in judgement left him £58 in debt and charges of £660 on...
Thursday 10th July 2008
Is It Safe To Keep All Of Your Assets With One Bank? As the debacle about ISA transfers rages on, the Bradford and Bingley continues to come under pressure and smaller financial companies start to feel the strain, is it really safe to keep all of...
Monday 7th July 2008
Bank charge case re-opens Hundreds of thousands of bank customers will come closer to finding out whether or not they will be paid back their penalty fees this week. The High Court case looking into the charges, which are l...
Thursday 3rd July 2008
Juniper Research predicts growth in mobile payments The amount of money transacted via mobile phone is to increase five times over by 2013, Juniper Research has said. According to the firm, £151 billion per year is to be spent this way within ...
Thursday 3rd July 2008
Barclays launches online banking security drive Barclays' two million UK online banking customers are to be offered free security software, the firm has announced. Anti-adware, spyware and viruses shields are to be given to the users for free, ...
Monday 23rd June 2008
Online banking 'bigger than Facebook' Britons are turning to online banking sites in the wake of the credit crunch, it has been suggested. New figures from cahoot shows that, collectively, UK residents spend around three billion hours...
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