Banking News

The debit card retains its popularity at retailers, with spending rising by 11% last year, according to figures released by APACS, the UK payments association.

The Bank of England has today elected to keep interest rates on hold at 5.00%, in what must have been one of the Bank's closest calls.

New research from the Building Societies Association (BSA), launched at the BSA's Annual Conference, shows that despite the testing market conditions, the majority of building society bosses are optimistic about the year ahead.

There's broad agreement among economists that base rate will come down, so why's the Bank of England ‘doing a Gordon' and dithering, asks Robin Amlôt.

Newcastle Building Society received resounding support from its members at its 2008 Annual General Meeting, after witnessing a record turnout.

The Bank of England's Monetary Policy Committee today voted to maintain interest rates at 5.0%.

This week marks the 10-year anniversary of the agreement to launch the Euro currency, which has now been adopted by 15 countries and 320 million people.

Norwich and Peterborough Building Society's (N&P) annual customer research has shown that a massive 97% of members surveyed said that they believe the Society would better serve them by remaining mutual.

A study by Saga Personal Finance has revealed that men and under 50s like to talk when it comes to money whilst older people prefer only to discuss money if they have to. However revealing one's salary remains one of the final taboos across the ages as many feel talking about their earnings is just a step too far.

Loyal football fans who have opened savings and mortgage accounts with Britannia Building Society have helped to return almost £4.21 million to their favourite clubs this year.

New figures published today by The Insolvency Service reveal that just three months into 2008 and 25,264 people have already fallen victim to the insolvency epidemic with 9,614 IVAs and 15,651 bankruptcies reported.

Children's charity NSPCC Cymru/Wales has been chosen by Principality Building Society as its Charity of the Year for 2008.

With the Euro exchange rate pushing up the price of a short break, rising fuel prices and recent chaos at UK airports, we're likely to see more Brits choosing to stay at home over the May bank holiday.

The old proverb ‘what's mine is yours and what's yours is mine' is fading fast from household finances, according to research by online payment provider PayPal.

Savings inflows to building societies last month were a new March record at £1.26 billion. This compares with inflows of £0.7billion in March 2007, and represents a 70% increase.