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Banking

More Brits switching current accounts for ongoing value than upfront offers

Nearly a third of people (31 per cent) who plan to switch bank account in the coming year will do so for the specific benefits of the account such as in-credit interest, SMS alerts or longer branch opening hours, according to research from Santander Current Accounts.

first direct challenges non-switchers to take the plunge

Forty-four per cent of UK adults have never switched their current account and a further 27% have only moved their banking once, according to research by first direct.

Euro suffers after eurozone recession continues into 2013

The euro fell across the board Wednesday morning after the release of economic growth figures showed that the eurozone economy remained in recession for a record sixth consecutive quarter.

The Co-operative bank leading the way in customer service

A new YouGov customer survey released this month has revealed that the Co-operative Bank, along with its internet arm, smile.co.uk, has come out on top of its high street competitors.

Post Office launches current accounts

The Post Office has launched three new current accounts offering customers choice, good value, fair and transparent products with no hidden charges and access to the largest branch network in the UK.

Post Office becomes the biggest accepter of contactless payment in Europe

Post Office is leading the way in payment technology with today's announcement that it has installed contactless payment terminals across 30,000 counter positions in its unrivalled network of over 11,500 branches across the UK.

New adventure travel - driving growth with HSBC funding

South Wales-based coach and bus operator New Adventure Travel has secured a £1.5 million funding package from HSBC's Cardiff and South East Wales Commercial team to help expand its fleet of coaches.

£5.99 wasted on every ATM withdrawal in travel hotspots

British travellers are wasting an average of £5.99 on charges imposed by some debit card providers every time they make an ATM withdrawal in the most popular foreign destinations.

A quarter of Brits check their current account daily

One in four (26%) consumers check their bank account daily in a bid to keep on track of their finances, according to research from M&S Bank. This rises to 27 per cent for 18 - 35 year olds and reduces to 24 per cent for over 55s.

Halifax £100 switching offer returns

Halifax has announced the return of its market-leading switching initiative for people who move their current account to the bank.

Funding woes halt dreams of seven in ten aspiring entrepreneurs

With aspiring entrepreneurs continuing to struggle to secure bank credit for their start-ups, new research from Amigo Loans reveals that 48% of Brits would consider setting up their own business, but 68% think it would be too difficult to get funding for their venture.

Cash flow concerns: UK SMEs worried for the year ahead

Cash flow remains a significant challenge to large numbers of UK businesses, according to new research from Santander Corporate & Commercial.

Metro Bank drives the banking revolution in Slough

Metro Bank continues its fast paced expansion with the grand opening of its 18th store in Slough, its first with a drive-thru facility, on Friday 3rd and Saturday 4th May.

Verde customers still have mutual options

Lloyds TSB customers who were expecting to see their current accounts transferred to the Co-Op have been reminded they can still opt for a mutual alternative to the big banks.

Sterling surges as GDP growth figures smash expectations

Sterling gained around one per cent against the Dollar and the Euro following the release of the eagerly awaited first quarter growth figures Thursday morning.