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Banking

Moneysupermarket.com comments on HBOS's packaged current account

Stuart Glendinning, managing director at moneysupermarket.com, comments on HBOS’s plans to launch a packaged current account, he said:

Halifax announces launch of "packaged" current account

Halifax announces the launch of its "packaged" current account, believed to be the best value account of its kind from a major High Street bank.

Alliance & Leicester to launch mobile banking

Alliance & Leicester has announced it is planning to launch mobile phone banking in the new year. The service, which complements its award-winning internet banking, will be run via the MONILINK network allowing customers secure access to their current accounts on their mobile phone - wherever they are.

Lloyds overdraft rate rise

Following Lloyds TSB’s announcement to increase agreed overdraft interest rates for the second time in just three months - generating an estimated £19.32 million in revenue in the next year - Nick White, Director of Financial Services at price comparison and switching website uSwitch.com comments:

2006 electoral roll data already online at Callcredit

Credit reference agency Callcredit says 2006 electoral roll data, which councils have only begun releasing today (1st December), has already been uploaded to its online database.

Calls on the chancellor to tackle ISA limits, simplify children's savings and raise stamp duty thresholds

In a letter to the Chancellor ahead of next Wednesday's Pre-Budget Report, the UK's biggest building society points out the current ISA limits have not been increased at all in the seven years since they were introduced.

Society Christmas appeal is something to smile about

Yorkshire Building Society is hoping to put smiles on youngsters’ faces this year as it joins forces with CLIC Sargent to launch its annual Christmas fundraising appeal.

Nationwide International announces increase across sterling savings rates

Nationwide International Limited, the offshore subsidiary of Nationwide Building Society, has today announced details of its new savings rates which come into effect on Friday 1 December.

Lloyds TSB kickstarts ‘paperless bill’ revolution

Online banking enters a new era today, as Lloyds TSB launches a ground breaking service allowing customers to pay, view and store ‘paperless’ bills online. The new ‘bill manager’ service gives customers the ability to view all of their household bills in one place and will be available free of charge to anyone registered with Lloyds TSB Internet banking.

Is Direct Debit to blame for banking inertia?

The hassle people think will be caused by moving Direct Debits is the main reason customers do not switch their bank accounts, according to research conducted by YouGov for Abbey.

Pound nears two dollar mark for first time in 14 years

With the pound approaching $2, a level it last reached in 1992, Halifax examines the historic performance of the exchange rate and the potential impact of the weaker dollar.

BBA plays key part in financial education agenda

The British Bankers’ Association (BBA) today joined with the Treasury Select Committee in identifying improved financial education in schools as one of their key objectives in increasing financial inclusion.

British expatriates keep on course with offshore banking

The trend amongst Brits to move abroad is becoming more popular with 198,000 British citizens moving out of the UK in 2005, according to the Bank of Scotland.

Nationwide Building Society donates £50,000 to Farepak Fund

Nationwide Society has donated £50,000 to the Farepak Fund which seeks to assist those families that lost hundreds of pounds of Christmas savings after the collapse of the hamper company.

Keep it secret & shred it to fight fraudsters

Customers and banks need to work together to fight financial fraud Angela Knight , chief executive designate of the British Bankers’ Association (BBA), said today.