Banking News
Maintaining financial stability across UK’s banking system
The National Audit Office has concluded that the public support provided to UK banks by the Treasury was justified, given the scale of the economic and social costs if one or more major banks had collapsed.
BSA calls for level playing field in financial services
Ahead of the Chancellor's Pre-Budget Report on Wednesday 9 December, the Building Societies Association (BSA) is calling on the Government to take stock of regulatory initiatives and to mitigate unfair competition from public-owned and part public-owned banks and NS&I.
Yorkshire’s £750million cash call this Christmas
The economy may only be showing tentative signs of recovery but the two biggest spending weekends of the year will soon be upon us, according to research from Yorkshire Bank.
Scots’ £1bn cash call this Christmas
The economy may only be showing tentative signs of recovery but the two biggest spending weekends of the year will soon be upon us, according to research from Clydesdale Bank.
Post Office to expand financial services offer
The Business Secretary Lord Mandelson today opened a public consultation on new financial products and services that could be offered by the Post Office.
Merger of Chelsea and Yorkshire Building Society
Commenting on the merger of Chelsea Building Society and Yorkshire Building Society, Kevin Mountford, head of banking at moneysupermarket.com, said: "Just when you thought it was over the credit crisis makes its presence felt again.
Government proposals for the Post Office
Commenting on the Government's proposals for the Post Office's financial services provision, Kevin Mountford, head of banking at moneysupermarket.com, said: "There have been rumours that the Government would help create a ‘people's bank' for the past two years, and now it seems this talk has some substance behind it.
Equity release turns to funding organisations
SHIP, the equity release industry body, has announced the start of a campaign to encourage major financial institutions to consider the provision of funding for the equity release market.
Yorkshire and Chelsea Building Societies to merge
The Boards of Yorkshire Building Society and Chelsea Building Society announced today that they have agreed to merge, creating a second major force in the building society sector.
The 10 million problem recession
Since the start of the recession (April 2008), Citizens Advice Bureaux across England and Wales have seen approaching 10 million problems presented by almost 3 million people.
Postbank decisions key for future of Post Office network
Ahead of tomorrow's (Wednesday 2 Dec) announcement of the consultation on Post Office financial services, Consumer Focus is urging the UK Government to realise the potential of Post Office banking services to secure a bright future for the network.
Yorkshire and Chelsea Building Societies merger talks
The Boards of Yorkshire Building Society and Chelsea Building Society have today announced that they are in advanced talks regarding the possibility of a merger.
Leeds BS raises over £10,000 for Children in Need
Leeds Building Society has raised over £10,000 so far for the 2009 BBC Children in Need appeal, in a combined effort from Society employees and members.
HSBC report urges world leaders to tackle climate change
Whether you’re a high school student, a working mother or a retired pensioner, billions of ordinary people around the world are holding their breath ahead of the upcoming UN climate change summit, where it’s hoped world leaders will take big steps towards a zero-waste, zero-carbon future.
Barclays renews general insurance deal with Aviva
Aviva and Barclays are pleased to announce the renewal of their existing contract for Aviva to continue to be the sole provider of home insurance to Barclays UK retail banking customers until 2015.