Banking News
Bank of England holds interest rates again
There has been increasing speculation that the MPC would increase interest rates, with the majority in favour of holding them becoming smaller in recent months.
The Co-op establishes the Reclaim Fund
The Co-operative Financial Services has announced that its application to establish a central Reclaim Fund for dormant account monies on behalf of the industry has been approved by the Financial Services Authority (FSA) today.
Lloyds Banking Group to pursue a multi-brand strategy
Lloyds Banking Group is to follow a multi-brand strategy. The approach was announced by Group Chief Executive, António Horta-Osório at an internal conference and confirms that the Group will continue to operate through its main commercial brands of Lloyds TSB, Halifax and Bank of Scotland.
Lloyds TSB launches London 2012 ticket promotion
Lloyds TSB has announced that it is giving away 500 pairs of London 2012 tickets over 100 days, as part of its partnership with London 2012. To celebrate the 500 day countdown to the start of the Olympic Games, this is the first London 2012 customer ticket promotion undertaken by a Games partner.
Lloyds TSB launches contactless debit cards
Lloyds TSB launches contactless payments on its VISA debit cards to current account customers within the M25.
RBS and NatWest accepting donations for Japan Red Cross Appeal
RBS and NatWest will accept donations to Japan Red Cross from members of the public in any of their UK branches and through customer call centres.
London 2012 - The Big Ticket Event
Lloyds TSB branches are the only place to pick up the Official London 2012 Olympic Games Ticketing Guide.
UK interest rates held at 0.5 per cent
The Bank of England today voted to maintain interest rates at 0.5 per cent.
Barclays launches new everyday banking videos online
Barclays has launched two new online videos, helping customers get to grips with all the essentials they need to know about their everyday banking for savings and mortgages.
Fraud losses drop on UK cards, cheques and online banking
New figures released show that banking industry initiatives are successfully keeping the fraudsters away from customers' cards and bank accounts. Fraud losses on UK cards, cheques and online banking all fell in 2010 compared with 2009.
Triodos passes £500m milestone in lending and commitments
Ethical and sustainable bank Triodos announced its UK lending and commitments has reached a significant milestone, passing through half a billion pounds (£500m) in lending and commitments.
HSBC reveals new internet banking security device
HSBC Bank is sending all personal internet banking customers a new device which will add an extra layer of security when accessing their accounts online.
Bank complaints handling continue to let down customers
Three quarters of customers with a grievance against their bank make a complaint, but fewer than half of those who complain (47 per cent) are happy with the response they receive, according to new Consumer Focus research.
The Tipton - A new vision in Sedgley
The Tipton and Coseley Building Society’s new branch in Sedgley has come as welcome news for thousands of its members.
Tipton and Coseley Building Society - Getting back to business
Preliminary figures released today highlight the ongoing success of the Tipton and Coseley Building Society during 2010.