Banking
BSA welcomes mergers of Nationwide with Derbyshire and Cheshire
Commenting on the announcement that the Derbyshire and Cheshire Building Societies are to merge with the Nationwide Building Society, Adrian Coles, Director-General of the Building Societies Association, said: "The BSA welcomes the mergers of Nationwide Building Society with Derbyshire and Cheshire Building Societies announced today.
Graduates urged to get the best current account
After the first euphoria of graduation and the heavy partying is over, it is time for recent graduates to come back down to earth and think about the future, including getting their finances sorted.
Owners of overseas properties cashing in on strong Euro
Foreign currency specialists FC Exchange have revealed that the number of people cashing in on their overseas properties back into Sterling has shot up by 20% over the last year.
Chelsea achieves top ethical accolade
The Ethical Company Accreditation Scheme has awarded Chelsea Building Society a top award for its ethical status.
Falling Sterling forces MPC to leave rates on hold
As expected, the falling strength of sterling has caused the Bank of England to leave interest rates on hold at 5.0% for the fifth consecutive month.
Cyber crime soars with rise of online banking
As the latest banking industry figures report a leap in the number of UK adults banking and using credit cards online, financial data analyst Moneynet.co.uk warns that fraudsters are becoming ever more determined to perpetrate cyberspace raids on personal finances.
UK interest rates held at 5.0%
The Bank of England's Monetary Policy Committee today voted to maintain UK interest rates at 5.0%.
Skipton Guernsey launches new US Dollar and Euro accounts
Skipton Guernsey Limited has launched two new foreign currency accounts aimed at investors who wish to hold funds in either US dollars or euros offshore.
Beleaguered Brits' holiday hopes hit as pound falls against euro
Brits have faced a tough summer amidst the credit crisis, rising cost of living, and the poor weather. Now, to compound the misery for anyone planning a late summer break to the Med the Pound has fallen to a record low against the Euro.
Currency investors take advantage of slide in sterling
With the pound dropping to a record low against the euro on 1 September and falling to a two and a half year low against the dollar yesterday, currency investors are capitalising on this by trading heavily in GBP/USD.
Bank of Scotland International launches Nikkei Supertracker
Bank of Scotland International has launched its new Nikkei Supertracker Capital Guaranteed Savings Bond.
Yorkshire Bank launches new account for busy professionals
Yorkshire Bank has announced the launch of Signature Current Account, a new account to help busy professionals manage their finances.
Abbey International Instant Access Savings Account offers 5.80%
Abbey International is maintaining its strategy of premium pricing the top tier of its Instant Access Savings account. The account offers an interest rate of 5.80% gross/AER for customers with more than £1 million, making it the highest paying instant access account amongst the offshore subsidiaries of the top 5 clearing banks.
MoneyExpert.com: HSBC current accounts
Sean Gardner, MoneyExpert.com, said: "HSBC's new interest-free current accounts are another blow for customers and hardly compensated by ubiquitous, low value features such as ID theft assistance.
HSBC launches two new current accounts
HSBC is launching two new fee-free current accounts that pay no credit interest but offer customers a range of enhanced features.