Banking News
Nationwide advertising partnership with Little Britain icons
Britain, Britain, Britain! Nationwide Building Society is launching a new ad campaign featuring some of the nation's best loved characters from sketch show Little Britain, bringing the country's biggest building society back to the nation's screens.
Why go offshore with your savings and banking accounts?
Each year according to the Institute of Public Policy Research (IPPR), around 400,000 UK nationals move abroad to work or retire. Opening an offshore savings account could bring significant tax benefits, once they cease being UK resident for tax purposes.
Bank of England maintains interest rates at 0.5%
The Bank of England's Monetary Policy Committee today voted to maintain UK interest rates at 0.5%. The Committee also voted to maintain the stock of asset purchases financed by the issuance of central bank reserves at £200 billion.
Mutuals lead on customer service says Skipton International
Mutual Building Societies have outperformed the UK's banks in a number of areas of customer service, new research has revealed. The verdict comes shortly after five unnamed institutions were criticised for poor customer service practices by the UK Financial Services Authority.
The Share Centre list Barclays as a ‘buy' for growth seekers
This morning, Barclays announced a 47% increase in profits for Q1. Nick Raynor, investment adviser at The Share Centre, comments on the bank's strong start to 2010 and what this means to investors.
Mutuals retain customer service crown
Mutuals have consistently outperformed plc banks across various aspects of customer service, including treating customers fairly, value for money and being trusted to give good advice.
Identity fraud continues to pose problems in 2010
Identity fraud has always been a sinister crime - fraudsters using the names and details of innocent victims to generate their criminal cash-flow.
HSBC sponsors young badminton stars
Badminton has been Roberta Cannell’s life for more than 40 years and as a volunteer she has coached countless youngsters who have taken part in the nine years of the HSBC Manx Youth Games.
FSA takes tough action against poor complaint handling in banks
The Financial Services Authority (FSA) is taking tough action after finding weaknesses in five banks' handling of customer complaints.
Elgar £20 banknote withdrawal – less than 10 weeks to go
As announced on 8 March, the £20 banknote carrying the portrait of composer Sir Edward Elgar is to be finally withdrawn from circulation from 30 June this year - less than ten weeks away.
FSCS can help consumers claim up to £50,000 in compensation
Consumers could claim up to £50,000 if they have lost money as a result of their dealings with any of the investment firms the Financial Services Compensation Scheme (FSCS) has recently declared in default.
Leeds BS raises over £800 for Marie Curie Daffodil Appeal
Leeds Building Society has raised over £800 for the 2010 Marie Curie Cancer Care Great Daffodil Appeal. The Society's 67 Branches have been accepting donations for the daffodils from members of the public.
Banks amongst the worst customer service providers
Banks and building societies are viewed as two of the worst service providers of any industry we regularly use, according to research from moneysupermarket.com.
Support for Halifax customers affected by air travel disruption
Halifax has announced how it is supporting personal banking customers abroad that are affected by the disruption to air travel.
NatWest and RBS help stranded travel customers
Financial help is on hand for NatWest and RBS customers stranded abroad due to the volcanic ash cloud. The banks have pulled together a package of assistance with the following initial measures: