Banking News
Brits’ resolve falters as one in four New Year’s resolutions fail already
The start of 2008 has seen huge numbers of British adults deserting their good intentions yet again, with over one quarter of all New Years’ Resolutions failing within a month.
Rate cut adds pressure to sterling sparking traders to sell
As widely expected, the Bank of England has today announced a 0.25% interest rate cut, lowering the base rate to 5.25%.
Consumers seek advice on different topics as mortgage approvals drop
The number of consumers seeking independent financial advice on mortgages dipped sharply during the final quarter of 2007 relative to the previous three months, according to figures from Unbiased.co.uk’s Advice Drivers report.
UK interest rates reduced to 5.25%
The Bank of England’s Monetary Policy Committee today voted to reduce interest rates by 0.25 percentage points to 5.25%.
Britannia celebrates Fit 4 Finance programme
Britannia Building Society's award-winning financial education programme, Fit 4 Finance is celebrating its first birthday this month.
Chelsea delivers a strong performance in a difficult market
Chelsea Building Society is pleased to announce its financial results for the year ended 31 December 2007.
34 million UK adults ‘will-less’
Where there’s a ‘will’ there’s a way, but a staggering 34 million adults across Britain don’t yet have a will, and have no intention of getting one in the near future according to a new study from The Co-operative Legal Services (CLS).
Search for 25,000 dormant accounts begins
Halifax, the UK's largest savings provider, has announced the next stages of its campaign to reunite customers with funds held in its dormant banking and saving accounts.
Legal & General goes Nationwide
Nationwide Building Society and Legal & General have started their strategic distribution agreement.
Ask your bank if the boss is qualified?
Peopleschampion.com boss Jim Spowart encourages FSA action on qualifications for UK’s top banking bosses.
Nationwide's products awarded five stars
Nationwide's Gold Credit Card and FlexAccount have been awarded a 2008 five star rating by financial research company Defaqto in its latest reports.
Defaqto announces new star rating procedure
Defaqto has announced the introduction of a new procedure for star rating personal financial products.
Benefit from the Euro at record high with a currency account
Last November supermodel Gisele Bundchen caused a stir by demanding payment in Euros for a campaign, due to the falling dollar.
moneysupermarket.com: Regulation for IVA providers
Commenting on the BBA's introduction of regulation for IVA providers, Tim Moss, head of debt at price comparison site moneysupermarket.com, said: "With consumer confidence and spending power falling, the introduction of voluntary regulation to the IVA market is a welcome move.
BBA: Financial stability and depositor protection
The British Bankers' Association and its members have already raised many of the issues in the government's paper, 'Financial stability and depositor protection: strengthening the framework' and will now consider the detail of the document.