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Banking

Online mortgage applications set to double

Nearly one in six homeowners applied for their current mortgage online (16%) and this is set to double, with 33% saying they are likely to apply for their next mortgage online, according to latest research from HSBC.

5 essential tips for starting a successful new business

Starting something from nothing is never an easy task. You might have a Big Idea but no business experience. You might have a master plan but no financial backing.

Child care business scheme extended

A scheme offering grants of up to £500 to people in England who want to start their own childcare business has been extended until 31 December 2014.

Mobile payments gain momentum with launch of Paym

Commenting on the launch of the new mobile payment system, Paym, Ernest Doku, telecoms expert at uSwitch.com, says:

Play the current account rate game to maximise the return on savings

Following the figures released from the Payments Council, reporting a 14 per cent increase in the number of people who have switched current accounts in the last six months, MoneySuperMarket has analysed the best deals on the market.

UK workers lose £2.1 billion each year through unpaid business expenses

The process of claiming expenses is costing employees £45 a year owing to interest charges while waiting to be reimbursed by their employer. With 46 million people employed in the UK, a collective £2.1 billion is lost by workers every year.

Planning to go abroad this Easter? Make sure you don’t pay over the odds

As many holidaymakers get ready to jet off on their Easter holidays this year, Mark Bodega, director at HiFX gives his top tips to avoid paying over the odds:

From one dollar to a cargo ship

Although it is usual for HSBC’s personal account customers to use foreign exchange transfer services to send money home, pay education fees or fund overseas property, they have used the service to buy items including a cargo ship and a wine cellar (without the wine).

Young people no longer regard cheques as important

When choosing a current account provider, young people are unlikely to regard the provision of a cheque book as important.

Mobile payments service ‘Paym’ to launch this month

From the 29th of April 2014 consumers will be able to use their mobile phones to make bank payments via the new Paym service.

M&S Bank launches exclusive travel money rates for card holders

M&S Bank has introduced exclusive card holder rates across all currencies purchased from M&S Travel Money.

Bank customers getting a raw deal when transferring money overseas

New research from Andrew Hagger of Moneycomms reveals that high street bank customers are paying a heavy price when it comes to sending foreign payments overseas.

New £1 coin announced

New £1 coin announced

The new £1 coin will have the same shape as the 12-sided three pence piece or ‘threepenny bit’.

Millions back in consumers’ pockets following banks’ error

Citizens Advice says the £149 million going back to consumers sends a strong message to firms to stick to the rules.

Three quarters of new businesses now started at home with women leading the way

According to a new study, “The Home Business Insight Report” (compiled by AXA Business Insurance and small business network, Enterprise Nation), home based businesses are an increasing benefit to the improving state of the UK economy.