Banking
UK mortgage approvals fall
March’s net mortgage lending weakened and all forms of mortgage approvals declined, according to figures from the British Bankers’ Association (BBA).
moneysupermarket.com: Co-op's new Current Account Plus
Commenting on the launch of the Co-op's new Current Account Plus, Kevin Mountford, head of current accounts at moneysupermarket.com, said: "The current account market hasn't seen many new products of late, so it's a refreshing change to see this offering from the Co-op bank.
New ‘Charity of the Year' for the Coventry
Coventry Building Society is delighted to announce that from 1 May, Macmillan Cancer Support has been chosen as its new ‘Charity of the Year'.
Alliance & Leicester Commercial launches new deposit accounts
New research from Alliance & Leicester Commercial Bank reveals UK businesses are no strangers to saving, with nearly half (45%) putting money aside in a deposit account.
The Co-operative Bank launches new Current Account Plus
The Co-operative Bank, voted number one on the high street for customer satisfaction levels in two recent consumer surveys from Watchdog and Which?, is launching a new Current Account Plus with a linked savings account.
Bank of England: Special Liquidity scheme
The Bank of England is today launching a scheme to allow banks to swap temporarily their high quality mortgage-backed and other securities for UK Treasury Bills.
Government proposal allows banks to 'have their cake and it eat it'
James Caldwell, director at FairInvestment.co.uk comments on the Government's proposal to transfer mortgage-based assets into Government bonds: "At a time where the private sector is not prepared to put any liquidity into the market, the Government has stepped up to try and ease the crisis.
Alliance & Leicester International launches new fixed rate bonds
Alliance & Leicester International Limited (ALIL), the Isle of Man based offshore savings bank, has today launched a new limited edition 1 Year Fixed Rate Bond (Issue 49) with a highly competitive fixed interest rate of 6.50% pa gross/AER.
Horoscope more important than credit rating
A good credit rating should be the must-have accessory of 2008 but it seems Brits are relying on their horoscopes to get them through instead.
Abbey mortgage and savings update following base rate cut
Abbey has announced changes to its savings and mortgages range following the Bank of England's decision on base rate last week.
Abbey International adjusts rates following latest us base cut
Following the latest cut in the US dollar base rate in March to 2.25%, Abbey International, the specialist offshore banking subsidiary of Abbey in the UK has reduced the interest rates payable on its range of US dollar denominated savings accounts.
Yorkshire announces two new branches
The feeling will be mutual in the West Midlands this year as Yorkshire Building plans to open two new branches.
Consumers urged to remain vigilant of phishing scams
APACS, the UK payments association, has advised about the increasing numbers of phishing attacks in the UK and reminded consumers of the tips to help them avoid falling victim to such crimes.
Chelsea 's £205,000 boost from Britannia
Fans of Chelsea FC will be celebrating a £205,000 boost from Britannia Building Society tonight when the Society presents the club with its annual bonus cheque.
Small businesses save for a rainy day
As the economy continues to be as unpredictable as the British climate, new research by Alliance & Leicester Commercial Bank shows nearly half (45%) of small businesses have a rainy day fund set aside, so they are financially prepared, whatever the weather.