Banking News
Young people want a return to the values of the past
Britain's high unemployment, financial problems and swathe of social issues has led to 77% of young people - and 90% of all Britons - yearning for the values of the past, according to new research from Chelsea, the UK's fifth largest building society.
Recession raises fear of identity theft
Three quarters of adults (76 per cent) are currently worried about identity theft and well over a third (39 per cent) feel more at risk now than they did six months ago, with the recession playing a major contributing factor, according to a study carried out by Lloyds TSB.
UK interest rates kept at 0.5%
The Bank of England's Monetary Policy Committee today voted to maintain UK interest rates at 0.5%.
Tesco move into full service banking
Commenting on Tesco's move into full service banking, Kevin Mountford, head of banking at moneysupermarket.com, said; "We welcome this news and although it had been strongly rumoured it is good to hear it formalized."
Leeds BS raises £7,000 for three charities
The Leeds Building Society harvest festival themed day raised over £1,000 through a dress down day, quiz and via the sale of raffle tickets and cake.
Leeds BS supports Operation Christmas Child Appeal
Leeds Building Society is delighted to again support the Samaritan's Purse Operations Christmas Child appeal.
Mail fraudsters target UK renters
UK renters are falling prey to identity fraud as post is stolen and personal details used for illegal purposes.
A&L and B&B staff receive new uniforms
Alliance & Leicester (A&L) and Bradford & Bingley savings (B&B) branch staff have all received new Santander uniforms this week ahead of adopting the Santander global brand in 2010. Branch staff at Abbey already wear the Santander uniforms.
Skipton International Limited launched
A new and enlarged bank was launched in Guernsey on 28 September 2009, following the amalgamation of Skipton Guernsey Ltd and Scarborough Channel Islands Ltd. The launch follows the merger in the UK of the Skipton and Scarborough Building Societies on 30 March 2009.
Government should remutualise Northern Rock
A new report published for the Building Societies Association (BSA) reveals a strong case for converting failed banks into mutual organisations. In light of the report, the BSA urges the Government to consider seriously returning Northern Rock bank to the mutual sector.
The Cheque Guarantee Card Scheme to close 30 June 2011
Today the 24 bank and building society members of the UK Domestic Cheque Guarantee Card Scheme have announced that the Scheme will close on 30th June 2011, meaning that it will no longer be possible to guarantee a cheque under the Scheme after this date.
HSBC Student Bursary Awards - Last chance to apply
HSBC is providing £120,000 in university bursaries to help four promising students realise their potential and make the most of their time at university.
Banks back improved supervision
Proposals from the European Commission to improve the system of pan-European banking supervision address some central industry concerns.
Security reminders for writing or receiving cheques
In response to the fact that we are using cheques less often than ever before, the Cheque and Credit Clearing Company has published a reminder guide to help people avoid common pitfalls and safeguard themselves from fraud when writing and receiving cheques.
Most customers content with banks
New figures reveal that most customers are satisfied with their bank. This is based on the number of complaints handled by the Financial Ombudsman Service.