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Banking

December UK ATM withdrawals could reach £11 billion

Analysis by Sainsbury’s Bank suggests that this December approximately £11 billion could be withdrawn from ATMs through the LINK network in the UK – equal to more than £355 million every day during the month.

Sun, sea and a strong pound

Clare Nessling, director at Conti, the overseas mortgage specialist, reviews the overseas property market in 2014, and shares her predictions for the year ahead.

New basic fee-free bank accounts to help millions manage their money

For the first time, basic bank accounts will be truly fee-free, helping people to manage their money without fear of running up an overdraft.

French expat euro mortgage rates fall again

Long term fixed rate euro mortgages to buy a new home or releasing equity have fallen again, reflecting the ultra-low level of Euribor, the European Central Bank reference rate.

1 in 12 current account customers hit by unauthorised overdraft charges

One in 12 current account customers find that “free banking” is anything but when they are hit by unauthorised overdraft fees and returned item charges.

Halifax team up with Quidco to give you extra over the holiday season

Customers looking to switch their current account to Halifax before Christmas can now earn a bonus of £140 when switching through the cashback website Quidco.

Lloyds Bank extends Club Lloyds to Private Banking

Lloyds Bank has announced the extension of its innovative Club Lloyds current account to its Private Banking clients.

Nationwide shows its support for savers, homebuyers and current account customers

Nationwide Building Society has reinforced its support for savers and homebuyers, as well as strengthening its position in the current account market

Counting money instead of sheep at night? You could be a financial insomniac

Checking your bank balance is a national nocturnal pastime with more than a third of people logging on throughout the night – eclipsing other consumer activities such as online shopping and downloading music.

Paym available to even more customers

Customers of Clydesdale Bank, Isle of Man Bank, NatWest, Royal Bank of Scotland, Ulster Bank and Yorkshire Bank can now register for Paym, adding to the number of leading UK banks and building societies offering the secure way to pay using just a mobile number.

Four million people interested in trying online banking for the first time

Millions of British adults who have never tried internet banking would be interested in doing so, according to new independent research published by the Payments Council.

Using the wrong overdraft could cost dearly

Consumers should shop around and think of the bigger picture when choosing their bank account to avoid being stung by hefty overdraft charges, warns MoneySuperMarket.

Five core strategies for business survival

Small business owners, whether they are business professionals creating a consulting firm or entrepreneurs introducing a new product or service to the marketplace, need to study the principles of business survival because statistics compiled by the the Bureau of the Census for the Office of Advocacy of the U.S. Small Business Administration suggest that most new businesses only survive between one and ten years.

Post Office reports 30 per cent increase in cash withdrawals across its network

The Post Office has announced a 30 per cent increase in over the counter cash withdrawals across its network, as the numbers of customers from banks and building societies continue to grow in accessing cash across its network.

1 in 5 Brits have fallen into unauthorised overdraft in the past 3 months

One in five people with a current or basic bank account in the UK, the equivalent of 13.7 million people, has been charged by their bank for entering an unauthorised overdraft in the last three months.