Banking
Northern Rock: Extension of wholesale guarantee arrangements
HM Treasury has confirmed that the guarantee arrangements for Northern Rock plc described in HM Treasury's announcements dated 20 and 21 September 2007 and 9 October 2007 are being extended, at the request of Northern Rock plc, to the following unsubordinated wholesale obligations, whether now existing or arising in the future:
Re-investment beats early retirement as plan for this year’s profits
Most British bosses would re-invest in their companies, according to new research from Abbey Business Banking.
Small businesses not affected by credit crunch
Latest figures (Q3 2007) for the main high street banks providing small business services show that term lending stands at £39.9 billion, having grown nine per cent over the 12 months to September.
The year ahead in personal finance
With 2008 just around the corner, moneysupermarket.com's experts have offered their predictions for Money, Insurance, Mobiles, Broadband and Utilities.
NatWest and RBS launch ‘emergency cash’ service
Just in time for the full swing of the Christmas party season, The Royal Bank of Scotland Group (RBSG) today launches its new service to provide emergency funds to customers who have had their debit card lost or stolen.
Make 'Sorting Out Your Finances' your New Year's resolution
Christmas is usually associated with spending rather than saving, but now is the time to get your finances in check says Halifax.
Credit crunch makes its mark on the base rate reaction too
Lisa Taylor, analyst at Moneyfacts.co.uk, comments on the changes so far in the mortgage and savings market following last week’s surprise 0.25% reduction in base rate:
Alliance & Leicester launches new 1 year fixed rate bond
Alliance & Leicester International Limited (ALIL), the offshore savings bank, has today launched a new, limited edition 1 Year Fixed Rate Bond (Issue 46) with a highly competitive fixed interest rate of 6.57% AER.
New cash machines with benefits to local economies
Following the Treasury’s announcement on progress of the free-to-use cash machine initiative, NatWest and RBS’ announce over 460 machines that have been secured or installed for lower income, under-served and remote areas across the UK.
Access to free cash machines in low-income areas nears target
An initiative to increase free access to cash machines in low income areas throughout the UK has made substantial progress in the past year announced the Economic Secretary to the Treasury, Kitty Ussher, and Treasury Select Committee Chairman and chair of the ATM Working Group, John McFall, today.
Review into the use and sharing of personal information
A consultation into how personal information is used and shared in the public and private sectors has been launched today by Richard Thomas and Dr Mark Walport.
Only 1 per cent of Brits in ‘peak financial condition’
A national study of financial fitness released today from Abbey has revealed that just one in 100 Brits is in peak financial condition, while the average person is a massive 43 per cent overweight in financial terms.
Switching banks could provide businesses with a bright future
Switching banks could give SMEs the boost they need for a successful 2008, according to research from Alliance & Leicester Commercial Bank. With the saving possible enabling many to invest in their businesses in a variety of ways.
Nationwide offers access to accounts using iPhone and iPod Touch
Nationwide Building Society has become one of the first financial services providers to allow access to its online bank via the Apple Mac iPhone and iPod Touch, giving members greater flexibility and choice in how they manage their finances.
Yorkshire Building Society puts customers first
Yorkshire Building Society, a financial organisation committed to putting customers before profits, is opening a new branch in Oldham.