Banking
moneysupermarket.com: A&L's £100 switching incentive
Commenting on the return of Alliance & Leicester's £100 switching incentive, Kevin Mountford, head of banking at moneysupermarket.com said: "2009 may well be the year of the current account after a period of relative stagnation as providers wait to see the outcome of the ongoing OFT court case on bank charges.
Alliance & Leicester offers £100 to switch current accounts
Alliance & Leicester is urging people to start the New Year with a financial boost, by offering £100 to those who switch to Alliance & Leicester from Monday 5 January 2009.
Abbey International offers up to 4% AER on fixed rate contracts
Abbey International has announced new interest rates on its limited offer fixed rate contracts which are now paying up to 4.00% AER, to complement its variable interest rate range of offshore deposit and Base Rate tracker accounts.
Ten years of the euro
On 1st January 2009 the euro will celebrate its tenth birthday. To mark the anniversary Halifax takes a look at the history of the euro and its highs and lows:
Faster Payments Service volumes reach new peak
APACS, the UK payments association, has provided an update on the new Faster Payments Service. Introduced at the end of May this year, the new system processed 3,907,719 payments on its latest peak day, on 1 December 2008.
Sterling falls to €1.0229 to £1
Commenting on the Pound falling to just €1.0229 to £1, Stephen Heath, Chief executive of FairFX.com, said: "It looks as if Sterling is the biggest sale item in town after falling to just €1.0229 to £1, an all time low for the beleaguered currency.
HSBC goes live with 2009 Annual Sale
HSBC has announced details of its 2009 January sale. This year the 2009 Sale goes live on-line and in branches from 24 December and includes some good offers for everyone shopping for finances in the New Year.
The 'must have' 2009 New Year's resolutions
Never has it been more at the forefront of people's minds to save and plan for a secure 2009. However, consumers are still missing out on a wealth of focused advice and opportunity on the high street.
Abbey International again holds regular saver rates
Following the recent 1.0% cut in the sterling Base Rate, Abbey International, the specialist offshore banking subsidiary of Abbey in the UK has reduced the interest rates payable on its range of sterling savings accounts.
Irish Government to recapitalise country's three biggest banks
Commenting on the Irish Government's plans to recapitalise the country's three biggest banks, Kevin Mountford, head of banking at moneysupermarket.com said: "British savers were attracted to the Irish banks two months ago when the Irish Government announced it would guarantee 100 per cent of deposits until September 28, 2010,
Sorting out finances tops list of resolutions for 2009
More than twenty million people in the UK plan to make New Year's resolutions and sorting out finances tops the Nation's wish list at the expense of seeing more of our friends and family, according to research from comparison site Gocompare.com.
NatWest launch international money transfers via mobile phone
As the festive season gets into full swing, NatWest announced that it is making it even easier for its Polish Welcome Account customers to send money home to spend over the Christmas period.
Why is sterling weakening so much against the euro?
Sterling’s recent falls have been dramatic to say the least, and people who were ‘waiting out’ what they considered to be a bad rate a few months ago have been badly burnt.
Which? accuses FSA of ‘fiddling while Rome burns’
As the FSA publishes a Discussion Paper on consumer responsibility, Which? personal finance campaigns manager, Doug Taylor, says: "The FSA appears to be fiddling while Rome burns.
Cater Allen customers abandon sterling as euro offers safer return
With the official exchange rate showing that the pound sterling is continuing to devalue against the Euro, research from Cater Allen Private Bank has found that an increasing number of its clients have been making use of the bank's multi currency account and shifting their cash out of pounds and into euros.