Banking

Businesses offered free credit checking to combat bad debt

Lloyds TSB Commercial Finance offers customers free, online credit rating facility, Firstcheck, to identify risk of cash flow issues caused by late payment.

Tesco backs charity campaign with ATM donations

Tesco Personal Finance is giving customers the opportunity to support the Tesco Charity of the Year, Muscular Dystrophy Campaign, just by using a cash machine at Tesco.

Abbey launches Income Accelerator Account

A new savings account from Abbey International has been launched which is designed to appeal to clients with differing investment and savings needs. Unlike many structured accounts, income is available every six months, so providing the potential of a regular return twice a year.

Same old hold but consumers need to be wary of inflation

David Kuo, Director at popular financial website The Motley Fool - Fool.co.uk says: "It is no surprise that the Bank of England has kept interest rates on hold. The UK economy continues to stutter under the weight of consumer debt accumulated over the years.

Top emigration destinations hit by extreme currency volatility

Extreme volatility amongst some of the top destination countries for British emigres, but more positive news for holiday makers bound for Europe, as Sterling holds steady against the Euro, according to the latest HiFX Global Currency Moves Report.

Bank of England maintains interest rates at 0.5%

The Bank of England's Monetary Policy Committee today voted to maintain interest rates at 0.5%. The Committee also voted to continue with its programme of asset purchases totalling £125 billion financed by the issuance of central bank reserves.

Abbey wins Best Bank in the UK

Euromoney magazine has named Abbey ‘Best Bank in the UK' for the second consecutive year. The Euromoney Awards for Excellence are the benchmark for the financial industry.

Scottish Widows Bank double business offering

Scottish Widows Bank has launched a new 1 Year Fixed Term Business Deposit Account and a Business 7 Day Notice Account.

We need more common sense not more rules

Commenting on the Government's bank reforms, David Kuo, Director at Fool.co.uk, says: "Today's announcement is nothing more than spray painting a rust-heap.

Government plans for the reform of financial markets

The Chancellor of the Exchequer Alistair Darling has today published 'Reforming Financial Markets', a document setting out the Government's proposals for the reform of the financial system.

Lloyds TSB launches 2009 Student Account

Lloyds TSB launches its 2009 Student Account, offering students planning to go to university this autumn a strong banking package with practical money management features including a tiered interest-free planned overdraft of up to £1500 in their first year and free mobile banking until August 2010.