Banking News

CFS customers share £6.5m dividend payout

The Co-operative Financial Services (CFS) revealed that its customers who are members of The Co-operative Group have shared a record £6.5m in dividend payments.

FSA grants new waiver to firms on complaints handling

The Financial Services Authority (FSA) today issued a new waiver from its complaints handling rules regarding unauthorised overdraft charges.

C&G launch a new look website

C&G has launched its new-look website cheltglos.co.uk , designed to give consumers increased help and guidance when remortgaging or looking for a mortgage in today's uncertain climate.

M&S voted best for loans, online travel insurance & credit cards

Marks & Spencer Money has come top at the Your Money Direct Awards 2008 for offering best value and service in the following categories:

Nationwide's members help raise £250,000 for Macmillan

At Nationwide's Annual General Meeting (AGM), held today at the International Convention Centre in Birmingham, the votes of well over a million and a half Nationwide members helped to raise £250,000 for its chosen charity, Macmillan Cancer Support.

More free cash machines in low-income areas

Over one million people are benefiting from 419 new non-charging cash machines installed in low-income areas throughout the UK in the last 18 months, Economic Secretary to the Treasury, Kitty Ussher MP and Treasury Select Committee Chairman, John McFall MP announced today.

Careless Britons leaving themselves open to identity theft

Despite the growing threat of identity theft, Brits are still failing to take the necessary security precautions to protect their identity, according to research by MORE TH>N.

London and South-East are the top fraud hotspots

London and the South-East are the key hotspots for fraudulent applications across all product sectors, according to research by CIFAS.

Group to focus on keeping London globally competitive

Ensuring London maintains its place as a world leading financial services centre in the face of new global trends and challenges is the focus of a new Government-industry group to be chaired jointly by Chancellor Alistair Darling and Citi Chairman, Sir Win Bischoff.

ID theft becomes UK's top safety fear

Identity theft has overtaken street crime (43% versus 41%) and fears of being mugged or attacked (32%) to become the nation's top safety fear - and, overall, more than three in four Britons (76%) have concerns about family and domestic safety - according to research from American Express Insurance Services.

31 million people disappointed by the Bank of England

The Bank of England left interest rates on hold today. However, the decision to sit on the fence will be a huge disappointment to 31 million people. Two out of three consumers (65%) believe the current economic situation is either worse than or as bad as the media reports.