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Banking

Lloyds TSB aims to reunite customers with over £69 million

Lloyds TSB is has announced a nationwide drive to reunite customers with approximately £69 million held in over 120,000 unused savings accounts, commercial accounts and personal current accounts.

Cahoot and John Lewis Partnership pick up Which? Awards

The ‘big five' high street banks missed out today at the second annual Which? awards, with online bank Cahoot picking up the award for Best Current Account and The John Lewis Partnership winning Best Credit Card Provider.

Alliance & Leicester scoops current account awards

Alliance & Leicester Current Accounts has scooped double honours in the prestigious annual Moneyfacts Awards, winning both the Best Current Account Provider (Credit Interest) and Best Current Account Provider (Debit Interest).

Scarborough bond offers best of both worlds

Scarborough Channel Islands Limited (SCIL) is offering customers the chance to have their cake - and eat it, with its new 1 Year Guaranteed Bond.

HiFX launches online travel money service

Currency specialists HiFX has announced the launch of its Travel Money Online service, offering competitive rates, zero commission and free next day delivery on foreign currency and travellers cheques up to £2,000.

Banks raise credit interest rates - but not fast enough

Customers are winning from the banks' current account wars - but too many are still receiving pitiable rates for staying in credit, according to new analysis by MoneyExpert.com.

Market confidence moves welcomed

Moves to maintain market confidence and crackdown on possible abuse during rights issues were welcomed by the British Bankers' Association.

Lloyds TSB's Plus Account

Emma Walkley, Current Account Manager at Alliance & Leicester comments on the recent change to the Lloyds TSB's Plus Account: "The penny seems to have finally dropped. This rate increase for Lloyds TSB's Plus current account customers is a sign that at least one of the Big Banks is starting to recognise the importance of giving something back to customers.

Society thousands up for grabs in birthday celebrations

Hundreds of charities and community groups across the nation could soon be benefiting from a cash boost as the Yorkshire Building Society Charitable Foundation invites people to nominate good causes to share in its tenth anniversary charity give-away!

BBA announces steps to strengthen LIBOR

The global borrowing benchmark BBA LIBOR is to be strengthened by reinforcing the scrutiny of its contributor banks and expanding the membership of its governing body and its panels.

Half of Brits affected by 'unfair' bank charges

More than half of banking customers pay bank charges, research from FairInvestment.co.uk has revealed.

Faster Payments Service for standing order payments

APACS, the UK payments association, has confirmed the start of the Faster Payments Service for standing order payments.

Citizens Advice calls on people in debt to share experiences

Citizens Advice, the charity which helps people resolve their legal, money and other problems by providing free information and advice, is working with National Debtline and Advice UK on a major project looking at people's experience of dealing with their own debt problems.

The worst of two possible worlds

The Bank of England left interest rates on hold today. It is the second month in succession that the Monetary Policy Committee has chosen to sit on its hands.

Don't be fooled by clever marketing

Action to protect people whose financial difficulties may make them prey to ‘get out of debt free' promotions was welcomed by the British Bankers' Association.