Banking

Consumer trust in financial services remains robust

A new survey shows that consumer trust in the financial services industry remains remarkably robust despite the banking crisis and global recession.

Consumers to benefit from free financial education sessions

Nationwide Building Society has formally launches MoneyActive, a three year partnership with the national charity Citizens Advice at an event in the House of Commons.

Make the most of improved exchange rate by limiting charges

The pound is moving higher against the dollar and the euro but travellers must still work hard to stretch their pounds overseas as high bank charges wipe out most the gains, says Caxton FX, the leading foreign exchange broker.

Another QE surge necessary to win battle for risk appetite

Comment by Stuart Thomson, economist at Ignis Asset Management: "Central banks should heed the warning from the history of George Bush and refrain from crying ‘mission accomplished'.

PFS to help youngsters get more financially savvy

Young people are to receive further assistance with financial awareness, with experts from the Personal Finance Society set to help them with money matters.

Principality members raise thousands for charity

Wales' largest building society, Principality, raised £20,000 for its joint charities of the year, Ty Hafan and Ty Gobaith, with the support of its members.

Banks to spearhead economic recovery

British banks and financial services will be at the centre of the UK's economic recovery, the British Bankers' Association [BBA] said today.

BSA: April Bank Rate announcement

Commenting on the decision by the Bank of England to keep the Bank Rate at 0.5%, Adrian Coles, Director-General of the BSA, said: "The Bank's interest rate decision is no surprise.

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 financed by the issuance of central bank reserves and to increase its size by £50 billion to a total of £125 billion.

Alliance & Leicester launches new 9 month Business Bond

Alliance & Leicester Business Banking has launched a new limited edition 9 month Fixed Rate Business Bond, with a great fixed interest rate of 2.81% AER (2.80% gross), maturing on 1 March 2010.

Banks call for Europe to 'think international - not just local'

Greater harmonisation of banking regulations across Europe is vital, the British Bankers' Association (BBA) said today.

Spanish GP travellers urged to shop around for euros

Caxton FX, leading foreign exchange broker, is urging travellers heading to Barcelona for the Spanish Grand Prix on 10th May to seek out competitive exchange rates when they swap their pounds for euros and to avoid high commission and transaction fees.