Banking News
Northern Rock commended for responsible business practice
Northern Rock was last night given a prestigious national award from The Prince of Wales’ Business in the Community (BITC) charity, for its work to help tackle financial exclusion.
First Direct makes it two in a row at Which? Awards 2011
First Direct has won the Which? Award for Best Financial Services Provider for the second year running, beating NFU Mutual and Co-op Bank to the coveted prize.
Neighbours rarely become good friends in Britain
New research from HSBC on Britons’ relationships with their neighbours has found that we are a nation of functional acquaintances, using our neighbours for practical purposes rather than sociable.
Nationwide strengthens relationship with One Housing Group
Nationwide Commercial is continuing its long-standing relationship with the London-based One Housing Group (OHG) by completing a deal to provide the Group with £45 million of additional loan facilities.
The Co-op provides funding boost for young movie-making talent
A professional youth film company that has worked with over 10,000 young people in the past year has received a massive boost with The Co-operative Group announcing its continued support and funding until at least 2014.
Northern Rock wins prestigious national ‘Big Tick’ award
Northern Rock has been heralded among the most responsible businesses in the UK after receiving Business in the Community’s (BITC) coveted national Big Tick for its work to tackle financial exclusion in partnership with credit unions.
The Co-op starts legal revolution in high street bank branches
Customers of The Co-operative will this week find themselves at the forefront of a high street revolution, when for the first time they can access legal services through their local bank.
Payments Council project to help make paying by mobile easier
With over 45 million of us already using a mobile, it's not surprising that the mobile phone is the number two item that we wouldn't leave home without, only beaten by our means to make a payment - wallets and purses.
Consumers go supermarket shopping for financial products
New players from the high street retail sector are continuing to win trust and attract praise for the quality of their service, according to the latest Moneywise Great British Customer Service Survey.
LINK announces plans for charity giving at ATMs
LINK, the UK cash machine network, has announced that UK banks, building societies and cash machine operators have unanimously agreed to work together to enable charity giving at UK cash machines (ATMs).
Brits bank online to keep a close eye on their money
As a nation we like to keep a close eye on our money - making use of online technology to check our bank account as often as once a day, but many still spend valuable hours in their bank branches to tackle the most straightforward of tasks, according to research by Pay YOUR way, the campaign helping people benefit from modern payment methods.
Lloyds Banking Group named Bank of the Year
Lloyds Banking Group has been named ‘Bank of the Year' at the Real FD/CBI Excellence Awards, in recognition of its support for UK businesses.
Banks wave white flag to PPI appeal
The British Bankers' Association's decision to not contest the ruling on the mis-selling of Payment Protection Insurance (PPI) is a victory for consumers, says uSwitch.com, the independent price comparison and switching service.
Lloyds leave battle to appeal PPI decison
The somewhat surprising move by Lloyds Banking Group to pull out of the banks' appeal to overturn the High Court ruling on the mis-selling of Payment Protection Insurance (PPI) is great news for consumers, says uSwitch.com, the independent price comparison and switching service.
UK interest rates held at 0.5%
The Bank of England's Monetary Policy Committee today voted to maintain UK interest rates at 0.5%.