Banking
HSBC launches new programme to cut paper use
HSBC’s campaign to cut down on its use of paper has reached a major milestone, with HSBC customers turning off paper statements for one million current accounts, savings accounts and mortgages.
Aviva ties up with IndusInd Bank
Aviva, the international savings, investments and insurance group, has announced a new bancassurance tie up with Induslnd Bank in India.
Abbey kick starts 2007 with top offers
Abbey is encouraging people to get more out of their money this year by offering a selection of January deals.
NatWest launches first dedicated Polish bank account in Britain
Today, NatWest brings to market a brand new current account for Polish-speaking customers. The NatWest Welcome Account has been launched specifically to meet the banking needs of Polish-speaking migrants who are new to the UK and is the first bank account where all services are in Polish, including telephone and internet banking as well as a dedicated telephony unit staffed by Polish speakers.
Nationwide to increase mortgage and savings rates by 0.25%
Following yesterday’s increase in the Bank of England Base Rate, Nationwide will be increasing rates on all variable rate mortgage and savings products by 0.25% on 1 February 2007.
Barnardo’s and Lloyds TSB join forces to make a real difference for children
Barnardo’s is delighted to announce that it has been appointed as Lloyds TSB ‘Charity of the Year’ for 2007.
Lloyds TSB launches UK's first banking 'superstore' for international customers
Lloyds TSB today opened the UK's first dedicated banking 'superstore' for international customers in the heart of Manchester, offering people moving to the UK a hassle free banking service.
Zopa will pass on the full base rate rise to lenders
Zopa lenders with money waiting to be lent out to borrowers will enjoy the full benefit of the Bank of England’s base rate rise as of midnight tonight.
Bank of England raises interest rate to 5.25%
The Bank of England’s Monetary Policy Committee today voted to raise the official Bank Rate paid on commercial bank reserves by 0.25 percentage points to 5.25%.
Interest rate hikes are top intermediary issue for 2007
As the Monetary policy Committee meets today (11th January) to discuss its Base Rate, new research by GE Money Home Lending finds that the potential of future interest rate increases is the key issue for UK mortgage brokers in 2007.
first direct launches big 7 sale
first direct, the UK’s most recommended bank, has launched a new year sale on seven of its top products that could save customers hundreds of pounds - and the chance to win a brand new Audi A4 Cabriolet, a week at the 7 star Burj Al Arab hotel in Dubai and £2,000 to spend on jewellery in first direct’s big 7 prize draw.
New Bank of Scotland International fixed rates
Bank of Scotland International has increased the interest rate on its Fixed Rate Account for two, three, four and five year terms, with effect from today.
'Green' New Year's resolutions made easy by Nationwide
Nationwide credit card sees online improvements and card holders can opt to go green by suppressing their statements.
One in three turn a blind eye to finances
One in three adults – or around 12.4 million people – refuse to plan their finances at all, and those that do find the time to review them set aside a miserly five minutes a week, according to new research from AXA.
Check the financial ties that bind you
When people split up many forget that they’re still financially associated with their former spouse – even after divorce – unless they do something about it, warns MyCallcredit, the consumer credit report service.