Banking
Alliance & Leicester: Lloyds TSB’s Classic Plus Current Account
Andy Bayes, Head of Current Accounts at Alliance & Leicester said: “It’s a compliment for Alliance & Leicester to see that the current account products we offer are forcing the competition to change their pricing strategy as we consistently lead the way in terms of customer value.
BBA LIBOR: Long-term Sterling rates hit record highs while short-term pressures ease
The European Central Bank’s intervention this morning to inject short-term liquidity into the market has brought overnight lending rates in the Eurozone sharply down, as indicated by the drop in overnight euro BBA LIBOR from 4.68 to 4.13125.
UK interest rates held at 5.75%
The Bank of England’s Monetary Policy Committee today voted to maintain UK interest rates at 5.75%.
Charges for cheques a possibility
More than half (53%) of 16 to 24 year olds never write cheques and a further 33% write cheques less than once a month, a survey by Defaqto has found.
moneysupermarket.com: Lloyds’ improved current account deal
Commenting on Lloyds’ improved current account deal, offering 6.4 per cent on its ‘Plus’ range of accounts, Kevin Mountford, head of savings at price comparison website moneysupermarket.com, said: “This improved offering shows the current account price war is alive and kicking.
Barclays help small businesses grow at networking events
With more than 60 per cent of small business owners finding networking events an important way to build up useful contacts for their business, Barclays today announces 18 new dates for networking workshops from 11 September, 2007 to help business owners increase their profits and improve their marketing.
Money is biggest concern for millions of Brits
For 3.4 million Britons, money is the biggest concern in their life, with nearly a fifth (18%) worrying about money on a daily basis, and nearly a third (30%) fretting about money several times a week, according to research from Alliance & Leicester Current Accounts.
Britain’s bosses opt for experience over youth
Britain’s SME bosses rate middle aged employees over younger employees, according to recent research from Abbey Business Banking.
Demand for independent financial advice remains high
Consumer demand for independent financial advice remained high during the first half of 2007, according to figures by Unbiased.co.uk, the find an Independent Financial Adviser search.
Shop around for the best current account deal
Consumers should regularly review their current accounts to ensure they’re getting the best deal available, according to financial product research company Defaqto.
Overdraft mistake costs average £44.98
Customers making a one-off mistake on their overdraft could pay an average £44.98 for the error, according to new analysis from MoneyExpert.com.
Brits commit to getting fit and fighting the financial flab
For youngsters, September means a new uniform, shiny shoes and a pristine pencil case for the school year ahead but, it seems that the ‘back to school’ feeling never really leaves us no matter what age we are.
UK economy prospers since sterling's ERM exit 15 years ago
The sterling's ejection from the ERM marked the start of a substantial improvement in the UK's economic performance, according to Halifax Financial Services research.
Brits naive about IVAs
New research from moneysupermarket.com reveals Brits’ naivety about Individual Voluntary Arrangements.
OFT warning regarding scam telephone calls on bank charges
The OFT has been made aware of a scam involving consumers being telephoned by people, alleging to be from the OFT, asking for personal and financial information including their bank account details in order for the OFT to reclaim bank charges on their behalf.