Although just over half (54%) of people in the UK say they've heard of basic bank accounts, confusion reigns about what they actually are.
Halifax has taken a further step in challenging the current account market by launching a new cashback programme on its leading range of accounts.
The minutes from the Federal Reserve's meeting this month, so eagerly awaited by the market for clues as to when or by what amount the market committee might decide to reduce the monthly bond purchases provided very little clarity.
Following the announcement of the Current Account Switch Service's launch date of 16 September, two-in-five people believe they will switch their current account as a result, and 11 per cent will do so for the very first time, according to a poll from MoneySuperMarket.
Lending through the Enterprise Finance Guarantee scheme reached £84 million for the second quarter of 2013.
The Payments Council has announced the official launch date for the new Current Account Switch Service, designed to make switching current account from one provider to another simpler, reliable and hassle-free.
Sterling fell across the board this morning after the Bank of England's quarterly inflation report during which the new Governor of the Central Bank issued forward guidance specifically in relation to when interest rates would rise.
As families get ready to pack up their bucket and spade for the peak holiday season, The UK Cards Association has pulled together guidance on using debit and credit cards abroad to help them get the best value for money when spending abroad.
Sterling made healthy gains Monday morning following the release of yet another better than expected purchasing managers index for last month.
Halifax has announced plans to open branches in Scotland's biggest cities.
Bodmin-based Cornish pasty maker, Proper Cornish, is set for expansion with the refurbishment of, and move, to new manufacturing premises in a £3.75 million project, backed by the Cornish Regional Growth Fund and Santander Corporate & Commercial.
Halifax has confirmed its market-leading £100 switching initiative, which includes no fees on planned overdrafts for six months, will continue until at least the end of 2013.
Metro Bank, the revolution in British retail and business banking, is beginning construction on its newest store at One Wood Street, Cheapside, City of London.
42% of consumers will be more likely to switch current account when the new Current Account Switch Service is introduced in September, according to research from uSwitch.com.
Sterling’s slide against the euro and other currencies already means families could face higher prices on overseas holidays this summer.
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