Banking News

Royal Bank of Scotland Graduate Royalties account

Students who graduate this year and head into the world of employment, are being offered a helping hand with their graduate finances with the Royal Bank of Scotland Graduate Royalties account.

Find.co.uk highlights bank services for Polish speakers in Polish

The power of the Polish pound in the UK has spurred leading personal finance website Find.co.uk to launch a webpage in Polish, highlighting the various banking services available to the Polish community in the UK.

Alliance & Leicester launches new business centre in Southampton

Alliance & Leicester Commercial Bank has announced the opening of the Bank’s latest regional Business Centre in Southampton.

How fit are your finances?

Customers can get their finances in shape for summer by spending a few minutes making sure their money is working for them, the British Bankers’ Association said today.

Investors believe interest rates will rise again this year

Despite the decision to hold interest rates, an overwhelming 87 per cent of investors questioned this week by Barclays Stockbrokers believe interest rates will rise at some point this year. Almost half believe rates will rise above 6% and 41 per cent believe rates will rise to 5.75%.

UK interest rates held at 5.5%

The Bank of England’s Monetary Policy Committee today voted to maintain interest rates at 5.5%.

Lloyds TSB comments in advance of base rate decision

Commenting in advance of Thursday's Bank of England Monetary Policy Committee (MPC) decision on base rates, Trevor Williams, chief economist, Lloyds TSB Corporate Markets said: "We may well see a rate rise before the summer is out, but a move this month is highly unlikely.

Banks back mobility not portability

Moves to make it easier for customers to move accounts within the European Union have won the backing of UK banks it was revealed today.

Yorkshire Building Society announce new carbon neutral status

Yorkshire Building Society has achieved full carbon neutral status and has switched from its standard electricity supplier to ‘green electricity’ in all of its 131 branches across the UK.

Lloyds TSB staff set for £27 million payout

Lloyds TSB staff stand to net up to £27 million this week as shares granted to them under the company's Sharesave scheme reached maturity on 1st June 2007.

moneysupermarket.com: 20th anniversary of debit cards

Commenting on the 20th anniversary of debit cards, Robert Kenley, head of credit cards at moneysupermarket.com, said: “Debit cards have come a long way since inception and with the advent of contactless payments, the debit card looks set to deal a blow to cash as it did to cheques 20 years ago.