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Speculation has been mounting that further interest rate cuts will be announced by the Bank of England, after minutes from its previous meeting on cuts were released. They reveal that the Bank's n...
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Bank accounts News Archive → Syndicate this
Monday 24th September 2007
Alliance & Leicester restructures fees Alliance & Leicester has announced that it will no longer charge interest on overdrafts run up by its current account customers, as part of wider plans to simplify its charges. Daily fees will...
Monday 10th September 2007
Lloyds to cut bank charges Lloyds TSB has announced plans to cut its charges on unauthorised overdrafts. The bank is the first on the high street to announce such a policy on the much publicised charges, which have led to c...
Wednesday 5th September 2007
New school term sees Brits brush up on finances For school children, September means a new school term and a fresh start, but at this time of year, adults are also following suit and turning over a new leaf, by promising to work harder on their ...
Thursday 30th August 2007
HSBC slammed over holiday ad HSBC has been criticised by an advertising watchdog, over misleading claims that customers would not be charged for making cash withdrawals overseas in one of its adverts The Advertising Standards...
Thursday 23rd August 2007
One-in-ten adults would fail a simple personal finance exam Recent research by Abbey Current Accounts has revealed that as many as one-in-ten British adults would score less than 40 per cent in a simple personal finance examination.. Abbey arranged for 10...
Thursday 16th August 2007
Faster banking delayed The introduction of a system that will deliver faster banking and enable same-day money transfers over the phone and internet has been put back until next May. The scheme, which will allow paymen...
Wednesday 8th August 2007
Bank branch closures on the rise The number of bank and building society branches has fallen by around 11 per cent in the past five years, according to a report by local information website Locallife.com. Closures mean that the ...
Wednesday 1st August 2007
High street banks slammed by consumer group Current accounts from the big high street banks, Barclays, HSBC, Lloyds TSB and NatWest, have been criticised in a study by consumer group Which? The study alleged that both borrowers and savers ...
Monday 30th July 2007
Millions of pounds in forgotten bank accounts National Savings and Investments (NS&I) has announced that there is an estimated £435 million languishing in NS&I accounts that have been inactive for at least 15 years. NS&I is l...
Friday 27th July 2007
Bank charges row goes to court The Office of Fair Trading (OFT) and a group of big-name banks will tomorrow commence High Court proceedings to decide the legality of unauthorised overdraft charges. The OFT has said that it beli...
Monday 9th July 2007
Banks 'need help' in money laundering fight Banks want more support from government and the private sector to help them tackle the growing problem of money laundering, an anti-fraud expert has said. Karen Briggs, global head of anti-money l...
Thursday 5th July 2007
HMRC 'to raid bank accounts' People who refuse to pay their taxes could have their bank accounts directly raided by HM Revenue and Customs (HMRC) under new plans. The idea is among proposals made in a consultation document pu...
Friday 29th June 2007
British Gas looks to direct debits British Gas has announced plans to substantially increase the number of its customers paying their bills by direct debit. The energy supplier is looking to take advantage of the one-day postal str...
Wednesday 27th June 2007
42 million Brits have no idea about ID theft According to Capital One, 42 million people in the UK have no idea how they can check if their identity has been stolen, while just one in ten knows what procedure to follow if they suspect they ha...
Wednesday 27th June 2007
Cash machines 'give out £18m an hour' Every hour cash machines in Britain give out £18 million, equating to £3 million every ten minutes, new figures have revealed. Statistics released by the British Bankers' Association (B...
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