Banking News

Fool.co.uk comments on confirmation that banks will appeal against the ruling on unfair charges. David Kuo, Head of Personal Finance at Fool.co.uk, says: "The BBA has confirmed that banks will appeal against the High Court ruling on unfair charges.

Nationwide Building Society has opened a new call centre in Swindon, further illustrating the Society's commitment to keeping its call centres based in the UK.

APACS, the UK payments association, announces the closure of the CHAPS Euro clearing service, which will take effect at the close of business tomorrow (16 May).

Nationwide Building Society begins the distribution of over 5,000 copies of The Teenager's Guide to Money to secondary schools and colleges across the UK today.

As British banks write off humungous sums related to the American sub-prime mortgage fallout, customers weigh up their banks' abilities to weather the credit turmoil.

Most people would not be prepared to pay for a bank account event it meant a fairer, simpler banking system with no hidden monthly charges, according to new research from Moneyexpert.com.

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.