Banking

Alliance & Leicester launches Premier 21 Account

Alliance & Leicester is extending its market-leading Premier current account range to recognise the needs of 16-21 years old with the launch of the Premier 21 Account. The account, which launches on Monday 30th April, has been designed to make the hard-earned cash of those who are just starting out on their career go further with an unbeatable credit interest rate of 10.00% AER.

Bankers’ site hits all-time high

More people than ever before have accessed the British Bankers’ website figures reveal today.

Scarborough launches new offshore investment account

Scarborough Channel Islands Limited (SCIL) is celebrating its launch with a new offshore investment account designed to reward existing customers and attract new ones.

DCPCU celebrates five-year anniversary

This Sunday (29 April 2007) marks the fifth anniversary of the Dedicated Cheque and Plastic Crime Unit (DCPCU) and represents a significant milestone in the history of the UK’s ongoing fight against organised fraud.

OFT launches market study into personal current accounts

The OFT has today launched a market study into personal bank current account pricing, alongside a formal investigation into the fairness of charges for unauthorised overdrafts and returned items.

Lloyds TSB launches account for new arrivals to the UK

Lloyds TSB has today launched a new current account with a range of benefits, ideally suited for people who have recently moved to the UK, particularly the growing Polish community. The Silver account is the latest addition to a range of initiatives launched by the bank, including the opening of a number of stores that cater for the needs of customers from overseas.

Current accounts the new switching battleground

The number of people leaving their bank has soared by 453,000 in the past quarter as current accounts become the new switching battleground, new research from MoneyExpert.com shows.

Fraud trends cause concern

At the end of the first quarter of 2007, data provided by Members of CIFAS, the UK's Fraud Prevention Service, showed some disquieting developments.

Portman members approve merger with Nationwide

On 23 April 2007, Portman Building Society savers and borrowers overwhelmingly approved the merger of the Portman and Nationwide Building Societies at Portman’s Annual General Meeting (AGM) at The Lighthouse, Kingland Road, Poole.

Members’ vote raises over £10,000 for RNIB

Coventry Building Society, the UK’s 5th largest building society, held its Annual General Meeting last week.

HSBC’s Passport goes multi-lingual

HSBC’s Passport account customers can now tap into local knowledge of the UK - from information on healthcare and employment to transport or finding a plumber - in their own language, with the introduction of a new 24-hour multi-lingual advice service as part of their account.