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Banking

UK interest rates reduced to 5.25%

The Bank of England’s Monetary Policy Committee today voted to reduce interest rates by 0.25 percentage points to 5.25%.

Britannia celebrates Fit 4 Finance programme

Britannia Building Society's award-winning financial education programme, Fit 4 Finance is celebrating its first birthday this month.

Chelsea delivers a strong performance in a difficult market

Chelsea Building Society is pleased to announce its financial results for the year ended 31 December 2007.

Abbey believes volatile markets may present opportunities

Abbey International, the wholly owned subsidiary of Abbey in the UK and part of the Santander Group feels that the recent fall in the UK FTSE market, which has left the index over 10% down from its peak of 6732 last year, presents an ideal opportunity for sterling investors to consider capital protected accounts as a way back into the UK stock market.

34 million UK adults ‘will-less’

Where there’s a ‘will’ there’s a way, but a staggering 34 million adults across Britain don’t yet have a will, and have no intention of getting one in the near future according to a new study from The Co-operative Legal Services (CLS).

Search for 25,000 dormant accounts begins

Halifax, the UK's largest savings provider, has announced the next stages of its campaign to reunite customers with funds held in its dormant banking and saving accounts.

Switching your current account

Whether you are someone who runs your current account in credit or makes regular use of an overdraft limit, Samantha Owens, Head of Personal Finance at moneyfacts.co.uk, looks at the financial benefits of switching your current account.

Legal & General goes Nationwide

Nationwide Building Society and Legal & General have started their strategic distribution agreement.

Ask your bank if the boss is qualified?

Peopleschampion.com boss Jim Spowart encourages FSA action on qualifications for UK’s top banking bosses.

Nationwide International announces new savings rates

Nationwide International, the offshore subsidiary of Nationwide Building Society, has announced details of its new savings rates, which come into effect from today.

HSBC current account plus offers one great rate

HSBC is offering a current account with the same great interest rate whether you are in credit or in overdraft.

Nationwide's products awarded five stars

Nationwide's Gold Credit Card and FlexAccount have been awarded a 2008 five star rating by financial research company Defaqto in its latest reports.

Defaqto announces new star rating procedure

Defaqto has announced the introduction of a new procedure for star rating personal financial products.

Benefit from the Euro at record high with a currency account

Last November supermodel Gisele Bundchen caused a stir by demanding payment in Euros for a campaign, due to the falling dollar.

moneysupermarket.com: Regulation for IVA providers

Commenting on the BBA's introduction of regulation for IVA providers, Tim Moss, head of debt at price comparison site moneysupermarket.com, said: "With consumer confidence and spending power falling, the introduction of voluntary regulation to the IVA market is a welcome move.