Banking
More good news for borrowers and savers from Nationwide
Following the recent launch of its new Regular Savings Account and highly competitive Fixed Rate Bonds and Fixed Rate ISA Bonds, Nationwide Building Society has today announced a number of further initiatives to reward both loyal borrowers and savers.
Consumer credit is particularly weak
January’s gross mortgage lending was £16.6bn, 15% more than the £14.5bn in January 2006. In line with seasonal patterns, January was well down on December’s £18.1bn, according to the British Bankers’ Association (BBA).
NatWest to boost its mobile bank fleet
NatWest is to boost its mobile banking service in both the North and South of the country with the launch of two new mobile banks in Devon and Cumbria.
Building society lending to housing associations up by 25%
Building society lending to housing associations totalled £2.0 billion in 2006, compared to £1.5 billion in 2005, representing an increase of 25%, according to the Building Societies Association (BSA).
HBOS colleagues to receive £210m
50,000 HBOS colleagues will make total gains of almost £210 million after the maturing of the group's unique free share option plan and sharekicker scheme.
UK’s ‘Best Building Society’ announces record results for 2006
Leeds Building Society, which won the title of ‘Best Building Society’ in Mortgage Magazine’s 2006 awards, today announced record results for 2006.
Alliance and Leicester named Best Business Current Account Provider
Alliance & Leicester Commercial Bank has been voted ‘Best Business Current Account Provider’ by leading independent finance guide Business Moneyfacts for the fifth successive year.
uSwitch.com: Lloyds TSB’s profit announcement
Following Lloyds TSB’s profit announcement totalling £4.2 billion for the group (an 11% increase of £428 million since 2005), Nick White, Director of Financial Services at independent price comparison and switching website uSwitch.com, comments:
Yorkshire Bank celebrates new banking service for Polish workers
Yorkshire Bank celebrated the launch of a new banking service for Polish-speaking customers with a vodka tasting event in Leeds (February 22).
Council tax payments made easier
West Wiltshire District Council is teaming up with Alliance & Leicester Commercial Bank to provide council tax payers with an additional 19 outlets at which they can make payments.
Free banking could ‘disappear within two years’
Defaqto predicts banks will switch to ‘Pay As You Go’ charges or flat fees for current accounts.
HSBC launches new guaranteed capital account
HSBC is tapping into consumer appetite for low risk investments by offering the bank’s best ever income rates on the latest tranche of its Guaranteed Capital Account.
Royal Bank of Scotland launches new mobile banking service in Yorkshire
The Royal Bank of Scotland (RBS) has today launched a new state of the art mobile banking service in Yorkshire.
A decade on, what have the supermarket banks done for us?
Ten years this month (February) since Sainsbury’s became the first supermarket to enter the UK financial services arena, price comparison site moneysupermarket.com analyses the real impact of supermarket banks on personal finance shoppers’ pockets.
Nationwide announce changes to valuation and home buyer report fees
Nationwide Building Society has announced changes to valuation and home buyer report fees for home buyers which will take effect from close of business on Wednesday 21st February 2007.