Banking News
Love your bank at last! Metro Bank arrives in Chiswick
The banking revolution gathers pace this week as Metro Bank continues with its 2012 expansion plans. The 18th and 19th of May sees Britain's newest bank opening its 12th store in Chiswick, West London.
Credit card versus overdraft debt
Brits running out of cash before pay day could be stacking up high interest by misjudging the way they use their credit cards and overdrafts as a backup, according to research from MoneySupermarket.com.
Leeds Building Society announces RDR partnership with L&G
Leeds Building Society is delighted to announce that Legal & General will become the Society's main provider of financial service advice and products when the FSA Retail Distribution Review (RDR) is implemented in January 2013.
Staying loyal to one bank or building society doesn't always pay
Consumers who stay loyal to their bank or building society for all their financial products could be paying around £780 more over a year compared to those who shop around for the best deals, according to analysis by MoneySupermarket.
Society announces next Yorkshire location for new branch
Ilkley will soon see a new addition to its high street after Bradford-based mutual Yorkshire Building Society revealed plans to open a new branch in the town, following previously announced planned openings this summer in Pudsey and Bingley.
Alternatives to bankruptcy
There are a number of reasons why you may find yourself in debt. Whether it is as a result of losing your job, having to unexpectedly fund a major purchase, such as a new boiler, or poor money management skills in the past, the result can be very worrying.
Another big jump in Faster Payments
Britons sent two-thirds more money through Faster Payments in the last three months of 2011 compared to the previous year, according to the Payments Council's latest quarterly statistical report.
All time banking high for customer satisfaction at first direct
first direct has achieved the highest ever score for a bank in a Which? customer satisfaction survey with 93%, beating the nearest rival by 5% and the lowest score by over 100%.
Virgin Money lounge opens in Manchester
Virgin Money has opened its first Lounge in 2012 at 98 King Street in Manchester.
Halifax wins Moneyfacts Best Customer Service Award
Halifax has picked up the big prize at the latest Consumer Moneyfacts Awards after being named Best Customer Service provider at a ceremony at London's HAC.
Tesco Bank's Winter Warmers
Kick-off 2012 on a great financial footing by taking advantage of Tesco Bank's Winter Warmer Deals. With deals on Loans, Credit Cards, Pet and Car Insurance, Tesco Bank hopes to attract new customers and to reward the loyalty of millions of Clubcard customers.
All internet and phone payments to be faster from 2012
Quicker internet and phone banking payments are set to become standard from 1 January 2012, enabling many consumers to pay their tax and credit card bills on a same-day basis for the first time.
HSBC announces great deals for its 2012 annual sale
HSBC's eighth annual sale starts tomorrow with some valuable discounts and enhanced savings rates, including a great switching deal on current accounts offering 6 per cent interest on balances up to £2,500 and a zero per cent overdraft rate, both for 12 months.
Cash is king for Christmas
Having cash in your pocket as Christmas approaches remains a prime concern for people across the UK in these tough economic times.
Green Investment Bank moves a step closer
The establishment of the first Green Investment Bank (GIB) moved a step closer today as Business Secretary Vince Cable published the criteria for deciding where the Bank will be based and what the Bank's first priorities will be until 2016.