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Bank Accounts News

Listing 556 articles over 56 pages

How Will The Future Fee Free Bank Account System Work?

Yesterday we saw Santander announce the introduction of a fee free bank account for Abbey, Bradford & Bingley and Alliance & Leicester mortgage holders but will this create a sea-change in the UK...

Should We Have A National Consumer Bank?

The UK government has effective control of Lloyds bank and Royal Bank of Scotland, by virtue of the massive share stakes taken using UK taxpayer funds, and there are some in the Labour Party and...

UK Banks Set To Learn Fate Regarding Overdraft Charges

This week should see the UK Supreme Court issue its verdict on the overdraft charges saga which has been dragging on for some years now. In a nutshell, the ruling from the Supreme Court will...

Will The Overdraft Fee Saga Mean The End Of Free Banking?

Over the last 48 hours it has emerged that the UK Supreme Court will this week rule on the eligibility of the Office of Fair Trading to clarify whether banks have overcharged customers with regards...

Are You In Line For A £600 Refund From Your Bank?

This week should see the UK Supreme Court rule on whether the Office of Fair Trading is able to push ahead with the prosecution of UK banks in relation to unauthorised overdraft charges which have...

Is The Humble Cheque Set To Be Terminated?

Despite opposition from small businesses and consumer groups, UK banks are set to vote next week on the possible abolition of cheques as a method of payment in the UK. While this has been an...

Overdraft Charge Ruling Due Today

The UK Supreme Court is set to announce its decision on the UK overdraft charge saga with indications that it will rule in favour of the Office of Fair Trading (OFT). This will give the OFT the...

Surprise Ruling From UK Supreme Court

The UK Supreme Court has today ruled that the Office of Fair Trading (OFT) does not have the scope to rule on whether banking overdraft charges are "fair". This is a landmark ruling for the UK...

How Will UK Bank Charges Change In The Future?

While the UK Supreme Court ruling today has effectively scuppered short-term hopes of compensation for many banking customers, it is not the end of the saga, although it is certainly a dent for...

UK Banks £2 Billion Richer After UK Supreme Court Ruling

It is believed that UK banks had put aside £2 billion to cover what would have been a massive compensation bill if the UK Supreme Court had ruled in favour of the Office of Fair Trading. However,...

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