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Banking

Rent payment service made more convenient

St. Leger Homes of Doncaster is piloting a new payment service through Alliance & Leicester Commercial Bank, which will almost double the number of outlets where tenants can make rent payments. The new service, which is available immediately, means that tenants are able to pay their rent at any of the region’s 186 outlets that display the payzone sign, in addition to the 199 Post Offices© that currently accept payments.

Customers shackled to their bank

Almost two out of three people feel trapped by their banks, according to independent personal finance website, Fool.co.uk.

Interest rates held at 5.25%

The Bank of England’s Monetary Policy Committee today voted to maintain interest rates at 5.25%.

Power to the people

New figures out today show that 262,400 template letters and factsheets on reclaiming bank charges have been downloaded from which.co.uk\bankcharges.

Nationwide commits to UK call centres

Nationwide has acted quickly to reassure members of its commitment to maintaining its UK call centres following Barclays Bank's announcement that it is to close its Manchester-based Barclaycard call centre and relocate to India.

Low cost international payment service proves a big success

Alliance & Leicester Commercial Bank has announced that the number of businesses choosing to transfer funds overseas via its International Payments Service has increased by more than a third in the last twelve months.

Scarborough to buy Portman’s Guernsey based deposit-taking business

Portman Building Society (‘Portman’) and Scarborough Building Society (‘Scarborough’) today announce that Scarborough has agreed to acquire the entire issued share capital of Portman’s Guernsey based offshore deposit-taking business Portman Channel Islands Limited (‘PCIL’).

A Zodiac of stress – what your star sign says about your money worries

Scorpios are more likely than any other star sign to break up from their partners over money worries, theCreditExpert.co.uk Financial Astrology Study shows. Almost one in eight (12 per cent) split from their partners because of financial stress, says the report.

uSwitch.com comments on the banking reporting season

Following HSBC’s Group profit announcement of £12 billion which is the highest to date, Nick White, Director of Financial Services at independent price comparison and switching website uSwitch.com, comments on the banking reporting season:

Coventry staff choose their ‘Charity of the Year’

Coventry Building Society is delighted to announce that the Royal National Institute of the Blind (RNIB) has been chosen as its first ever ‘Charity of the Year’.

Banks beware as customers threaten to switch

A growing number of bank customers are ready to jump ship, according to an online survey by independent personal finance website Fool.co.uk. In particular, customers who belong to one of the ‘Big Five’ high street banks, namely HSBC, Royal Bank of Scotland, Barclays, Lloyds TSB and HBOS say they will not hesitate to leave for a smaller rival.

Internet bill payments increase to more than one million

Alliance & Leicester Commercial Bank has announced that it has seen a significant increase in the number of consumers choosing to pay their bills online.

uSwitch.com comments on RBS profit announcement

Following the Royal Bank of Scotland’s Group profit announcement of £9.414 billion (a 14% increase of £1.16 billion since 2005), Nick White, Director of Financial Services at independent price comparison and switching website uSwitch.com, comments:

HBOS employees benefit from share ownership schemes

ifs Proshare, a not-for-profit organisation concerned with the issues of employee share ownership and financial education in the workplace, have praised HBOS for today confirming that 50,000 of their employees will share gains of approximately £210 million.

Rent payment service to be made more convenient

One Vision Housing is to pilot a new payment service through Alliance & Leicester Commercial Bank, which will more than double the number of outlets where tenants can make rent payments. The new service, which is available immediately, will mean that tenants will be able to pay their rent at any of the region’s 35 outlets that display the payzone sign, in addition to the 26 Post Offices that currently accept payments.