Banking News
Resolve to give your finances a boost in 2011
Brits could be saving over £3,600 in 2011 by taking time to review their finances and switching to more competitive deals. Despite over a third of Brits feeling they cannot make any savings in areas such as credit cards, home insurance and mortgages, research from moneysupermarket.com has found on average, people could save thousands of pounds over the next 12 months by switching to a better deal which suits their individual needs.
New deposit guarantee limit to be £85,000
The Financial Services Authority (FSA) has confirmed that the new deposit compensation limit for the United Kingdom will increase from £50,000 to £85,000 per person, per authorised firm, from 31 December 2010.
Consumers take greater control of their finances
27 million (57%) British banking customers are more confident about how they manage their finances than ever before, as increased awareness about financial matters is at an all time high - reveals Lloyds TSB.
Christmas charity appeal December 2010
Santander has joined forces with ITV1's flagship daytime show This Morning for this year's Christmas appeal to help raise money for CLIC Sargent, the children's cancer charity.
Lloyd's eases the financial burden for university students
Lloyd's has launched a new university bursary scheme to help students in Tower Hamlets afford to continue their higher education.
Bankruptcy - is it written in the stars?
Credit information expert, Equifax, has analysed data on bankrupts to reveal some interesting patterns in financial management, according to star signs.
Santander signs up 88 ex-Halifax Agencies
Santander has signed up 88 of the ex-Halifax Agencies - which were served notice by Lloyds Banking Group earlier this year, as part of its response to EU state aid requirements. These 88 Agencies have all been rebranded and are now offering Santander products to the local communities.
Yorkshire bucks the trend with high street openings
Yorkshire Building Society is reaffirming its commitment to the high street by continuing its agency development programme, bringing the number of new agencies opened by the Society this year to 14.
Introducing Lloyds TSB me
Lloyds TSB has launched a platform to enable users to engage with its distinctive avatar characters (as seen in Lloyds TSB advertising campaign), consumers can customise characters to resemble family member and friends. This new platform is called Lloyds TSB Me lloydstsbme.com.
Retail banking customers less loyal
Retail banking customers in the UK are notably less loyal to their primary financial institutions than in recent years, due in part to perceptions that banks are more interested in pursuing profits than protecting customer best interests, according to the J.D. Power and Associates 2010 UK Retail Banking Satisfaction StudySM.
Yorkshire Building Society joins the fight against teenage cancer
Every day in the UK, six young people aged 13 to 24 are told they have cancer. This festive season actress Angela Griffin is joining forces with Yorkshire Building Society and Teenage Cancer Trust in a fight to help the 2,100 teenagers diagnosed with cancer every year.
Northern Rock gives sleigh-full of toys to Cash for Kids this Christmas
Northern Rock has donated almost £500 worth of brand new toys to underprivileged children in the region, to help offer them a brighter Yuletide season.
Britain's banks support Children in Need
Banks and branches across the nation are not just collecting and counting the cash for Children in Need but getting in on the action themselves with events and activities nationwide.
Northern Rock helps relaunch vital community facility
An important community service in South Tyneside has begun a new life with a new identity this week following support from Northern Rock plc.
Leeds reopens sterling Covered Bond market
Leeds Building Society has this week successfully raised £250m of 10-year long-term funding through a Covered Bond issue, which is the first money raised by any financial institution through a sterling Covered Bond issue in the UK since June 2007.