Banking
Alliance & Leicester's £100 online switching incentive ends soon
Current account customers are being urged to go online within the next 7 days and take advantage of Alliance & Leicester's £100 incentive by switching to its Premier Current Account before the offer ends on 29 September 2008.
Goldman Sachs and Morgan Stanley conversion
Commenting on the conversion of Goldman Sachs and Morgan Stanley from investment banks into retail banks, Kevin Mountford, head of banking at moneysupermarket.com, said: "This move by Goldman Sachs and Morgan Stanley reinforces the fact that retail savings are now king.
Mum knows best in the credit crunch?
At a time when it is arguably more important than ever to make sure your finances are ship-shape, 21% of people would prefer to seek money advice from their parents or family members than from a financial adviser - according to a survey by Norwich and Peterborough Building Society (N&P).
"Gordon Brown effect" hits borrowers
Gordon Brown's Premiership has seen consumers hit hard with people paying more for credit cards, loans and mortgages and getting less for their savings since the Prime Minister stepped into no.10 Downing Street, according to MoneyExpert.com.
AMI welcomes extension of Special Liquidity Scheme
The Association of Mortgage Intermediaries (AMI) comments on the extension, until the end of January, of the Bank of England's Special Liquidity Scheme (SLS).
SCIL launches lifestyle fifty-plus account paying up to 6.20%
Scarborough Channel Islands Limited (SCIL) is again reaching out to the so called ‘silver' savers with the launch of the latest version of the Lifestyle Fifty-Plus account; a competitive product aimed at the over-50s.
Post Office reports strong demand for currency
After a volatile week for the travel industry, which saw the collapse of the UK's third largest travel company XL and growing uncertainly in world economies, this week's currency sales for the Post Office reveal that there has been no sign yet of a downturn in demand.
Consumer choice to suffer from HBOS Lloyds TSB merger
Andrew Hagger of Moneynet.co.uk comments on what the Lloyds TSB takeover of HBOS will mean for consumers.
Financial markets are experiencing momentous events
Comment from the Council of Mortgage Lenders (CML): Where as in the US the authorities have intervened decisively and directly in rescuing institutions, in the UK the private sector has grappled to find solutions.
Lloyds TSB and HBOS merger
Commenting on the merger of Lloyds TSB and HBOS, Kevin Mountford, head of banking at moneysupermarket.com, said: "This opportunistic high-brow marriage of HBOS and Lloyds TSB that has been waved through by the Government will lose us valuable choice and competition on the high street and consumers will be the poorer for it.
Lloyds TSB announces HBOS takeover
Lloyds TSB and HBOS announce that they have reached agreement on the terms of a recommended acquisition by Lloyds TSB of HBOS.
FSA statement on Lloyds TSB and HBOS merger
As previously stated, the FSA is satisfied that HBOS is a well-capitalised bank that continues to fund its business in a satisfactory way.
Dollar forwards snapped up
Currency brokers FC Exchange experienced a brief surge in the numbers of people buying Dollar forwards demonstrating they expect the low created by the collapse of Lehman brothers’ bank to be short-lived.
Kublax revolutionises personal money management
Kublax has launched a revolutionary new online service - free of charge - to give Britons an unprecedented ability to see and understand their full financial picture quickly, effortlessly and all in one place.
CML welcomes extension of Bank of England SLS
The CML welcomed the announcement by the Bank of England that the drawdown facility for its Special Liquidity Scheme (SLS) is being extended until the end of January.