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Banking

Sterling firms despite latest growth figures

The pound has recovered from its initial negative reaction to the release of another alarming set of GDP figures at the end of last week where the UK economy fell at a rate of 0.8% in the second quarter, far worse than consensus.

Leeds Building Society Gibraltar fun day a great success

Leeds Building Society recently invited Gibraltarians to join them for their third annual fun day at the Piazza. Entertainment included a puppet show, face painting, arts and crafts and lots of balloons and other freebies. The event enabled people to meet the friendly team in the Branch.

Student finance

In a few month's time, many students will be preparing to leave home and head off to university. For many it will be the first time they are fully in charge of their finances, with budgeting and bill paying becoming a necessary evil.

Mercantile merger makes massive difference

Leeds Building Society is celebrating the third anniversary of its successful merger with Mercantile Building Society, which took place on 1 August 2006.

FSA betrays financial services customers, says Which?

As the Financial Services Authority today decides that mis-selling costs can still be charged to inherited estates, Which? chief executive, Peter Vicary-Smith, says:

FSA changes to the Financial Services Compensation Scheme

The Financial Services Authority (FSA) is introducing new rules for the Financial Services Compensation Scheme (FSCS) on banks, building societies and credit unions, which will see individuals and small businesses compensated quicker, and will ensure protection for increased numbers of people.

Second-quarter GDP figures dent optimism for pound

The pound fell on Friday against both the dollar and the euro after the first snapshot of the UK's output in the second quarter showed a far less resilient economy than the market had hoped or expected.

Leeds staff raise £3,000 for Marie Curie Cancer Care

Over thirty Leeds Building Society staff raised £3,000 for Marie Curie Cancer Care by climbing the Three Peaks at the weekend in a 25-mile charity challenge.

Barclays new student package

Barclays has unveiled its improved student package for 2009 providing them with an interest-free overdraft facility of up to £2,000, regardless of year of study, and a mobile broadband offer through Orange giving our customers 25 per cent off the normal monthly cost and a free USB modem, with potential savings of up to £112.50.

Graduate Banking top tips

Andrew Hagger of Moneynet.co.uk looks at the options facing students as they finish university.

Your money, you choose

Following recent news that future £50 notes will feature Scottish engineer James Watt and Matthew Boulton and that Henry VIII will appear on limited edition £5 coins, new research by The Co-operative Bank Current Accounts reveals who the nation really wants to see on our bank notes.

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

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 almost 1.4 million Nationwide members helped to raise £250,000 for its chosen charity, Macmillan Cancer Support.

Which? calls for an end to bonus culture

With the publication today of the Walker review of banking governance, Which? personal finance campaigner, Lucy Widenka, says: "The sort of bonus culture that encourages bankers to take huge risks for short-term gain has to end.

Graduate finance

As another academic year draws to a close, many graduates are leaving university to enter very challenging times. The recession is having a detrimental effect on the number of jobs available, so it is important that students take their finances seriously.

Lending to small businesses rises

High street banks' lending to small businesses rose by £153 million in May and deposits increased by £250 million. Over 45,000 new small business banking relationships were established in the month, according to the British Bankers’ Association.