Banking
Abbey International launches new fixed rate account
Abbey International has launched a new fixed rate account paying a guaranteed 3.00% gross/AER over 12 months. The new account has a minimum balance requirement of £50,000 and is a limited offer account designed for new monies only.
HSBC voted best bank for customer service
HSBC has the best customer service of all UK high street banks, according to a report published this week by brand and innovation strategists Prophet.
moneysupermarket.com: RPI rate falling to -0.4%
Commenting on RPI rate falling to -0.4 per cent, Kevin Mountford, head of banking at moneysupermarket.com says: "The level of savings - or savings ratio - has been too low for too long in the UK. However, deflation might be the trigger savers need to get them back in the savings habit because their money will be worth more.
Nationwide calls for ISA reform and a review of stamp duty
Nationwide Building Society, ahead of this week's Budget, has called on the Chancellor Alistair Darling to overhaul the ISA system and undertake a widespread review of stamp duty.
Sterling volatility continues to trouble wannabe emigres
Holidaymakers and Brits living on the continent were offered some glimmers of hope last month as Sterling strengthened against the Euro, according to the HiFX Global Currency Moves Report for March.
The day we go overdrawn
Working people unable to stay in the black are now crossing into their overdrafts 20 days after being paid - a full week earlier than in 2007.
HSBC urges SMEs to fight back against late payments
With more than two million SMEs saying the issue they'd most like this month's Budget to address is the problem of late payments, HSBC Commercial Banking is urging businesses to take action and ensure they have the right financial solutions in place to help manage cashflow over the long-term.
Abbey Business Banking launches new Business Bond
Abbey Business Banking has launched a new limited edition 9 month Fixed Rate Business Bond, with a great fixed interest rate of 2.80% gross pa (2.81% AER), maturing on 1 February 2010.
Sterling faces Budget test but medium term outlook is positive
The UK Budget next week will focus investors' attention on the rate of contraction in the UK economy and the government's borrowing requirement over the next few years.
HSBC launches Early Bird Student Bank Account
HSBC has launched a new bank account for final year high school students preparing for university. The HSBC Early Bird Student Bank Account is available to students from the age of 17 and has most of the features of the HSBC Student Bank Account, including:
Where to now?
Commenting on Moody's downgrading nine building societies, Kevin Mountford, head of banking at moneysupermarket.com, said; "Building societies can no longer claim the moral high ground over banks.
In control of money… or the other way around?
We all like to think we're on top of our finances, but in reality most of us are guilty of ignoring that bill until the last minute, or putting off planning our pension because we don't really understand it.
Caxton FX to offer client money protection scheme
Caxton FX has become the first foreign exchange company to offer its clients a money protection scheme that is authorised and regulated by the Financial Services Authority (FSA).
Go-between needed to reconnect banks and business, says FSB
Small businesses need a go-between to help rebuild ailing relationships with the banks and revive the flagging economy, latest figures from the Federation of Small Businesses (FSB) show.
Spring clean your personal finances this Easter bank holiday
As the pound remains weak against the Euro this Easter holiday, many Brits will be shunning holidays abroad, and what better way to use the long weekend than to spring clean finances?