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Banking

A&L offers tips for small businesses on how to handle the Budget

With many of the detailed changes announced in last week's Budget having an impact on the running of a company, Alliance & Leicester Commercial Bank has today updated it's free downloadable tax guide to understanding the Budget.

Switching soars

The latest internal data from The Co-operative Bank Current Accounts has revealed a 123% annual increase in customers switching their current accounts to The Co-operative Bank.

British expats grapple with falling Sterling

The changing fortune of the Pound has increased the cost of moving overseas significantly in the last six months and Britons already living overseas on English savings or pensions are experiencing significant price hikes.

UK March money numbers weak - should QE be expanded?

Henderson New Star’s Simon Ward, says:

Consuming lending down in March

The increase in total net lending to individuals in March (£0.9 billion) was lower than the February increase and below the previous six-month average, according to the Bank of England (BoE).

Supermarkets major threat to banks

Supermarkets such as Tesco, should be in a strong position when they expand their personal finance offerings to include products such as current accounts according to Defaqto's latest report into the banking market.

Lending to small businesses rose in March

The level of high street banks' lending to small businesses rose by £271 million in March, new figures from the BBA showed today. Deposits by small businesses increased by £881 million and there were over 52,000 new small businesses banking relationships established in the month.

BBA: Treasury Committee must move beyond blaming

Today's Treasury Committee report on the financial crisis does too little to reflect the work banks are undertaking with the Government to restore the economy, says the British Bankers' Association.

Banks mustn’t be architects of reform, says Which?

As the Treasury Select Committee report, "Banking Crisis: dealing with the failure of the UK banks" is published, Which? personal finance campaigns manager, Doug Taylor, says: "The banks brought about their own downfall so unless we want history to repeat itself, they mustn't be the architects of reform.

Britannia members back merger with The Co-operative

Members of Britannia Building Society have voted overwhelmingly in favour of merging with The Co-operative Financial Services (CFS) to create the first super-mutual - an ethical alternative to shareholder- and Government-owned banks.

M&S Money offers Mexican currency refund

M&S Money is offering to refund in full Mexican Pesos or US Dollars purchased from M&S by customers who had booked a trip to Mexico and have now opted not to travel.

Leeds donates high quality garments to Barnardo’s

Leeds Building Society has replaced its corporate uniform to a design that reflects its modern and forward thinking image. The redundant high quality garments from the previous uniform range have been donated to the children's charity Barnardo's.

What a difference a year makes

A year ago moneysupermarket.com launched the weekly credit crunch monitor to track changes in financial products ranges during the credit crunch.

Specialist fraud police unit saves in excess of £315 million

The Dedicated Cheque and Plastic Crime Unit (DCPCU) - the specialist police squad that tackles cheque and card fraud crime in the UK - marks its seventh anniversary (29 April 2009).

Unfair ‘blacklisting’ due to ID fraud set to boom

The number of Brits whose credit rating has been badly damaged by identity theft is likely to almost double within the next five years, according to a new report. This equals 240 people a day being affected by the problem.