Banking
Do the bank shuffle
The guaranteed bank switching service goes live next week when 46 million current account holders in the UK will be able to switch banks or building societies within 7 working days, and the banks are already gearing up to entice new customers through their doors.
M&S Bank reduces monthly fee ahead of current account switch service
M&S Bank has announced a reduction in the monthly fee of its Premium Current Accounts, ahead of the launch of the Current Account Switch Service on Monday 16th September.
London businesses learn how to trade with Middle East
London’s entrepreneurs with overseas vision met with senior representatives from the Ajman Free Zone Authority in the United Arab Emirates, at London Chamber of Commerce this week, to unlock the business opportunities across the Middle East.
£69 million more for Start-Up Loans and New Enterprise Allowance
Extra financial support for British entrepreneurs to start a business is now available through Start-Up Loans and New Enterprise Allowance.
Interest in current accounts heightens ahead of switching deadline
Consumers have already started to respond to the advertising blitz from current account providers, ahead of next week's launch of the new switching service, according to data from uSwitch.com.
Yorkshire Building Society announces further branch opening
Yorkshire Building Society has announced it is continuing its high street expansion plan with the opening of a new branch in West Yorkshire.
'Free in-credit' banking model failing millions of customers
With the new Current Account Switch service soon to launch, research by thinkmoney reveals how the 'free in-credit' bank account model is failing millions of customers.
New report uncovers why we make little effort to switch household bills
With the new current account switching scheme about to launch on the 16th September, a report out from uSwitch.com, finds that the majority of consumers are aware that they can switch their household service providers, but 42% still make little or no effort to do so.
Bank account switching service set to launch
Bank reforms make progress as new Current Account Switch Service gets ready to launch.
The new TSB launches across Britain
The new TSB Bank which has launched today - with more than 4.6 million customers and over £20 billion of loans and customer deposits - is one of the biggest changes ever seen in UK banking as ‘local banking' is brought back to the UK.
Virgin Money helps grow the entrepreneurs of the future
Virgin Money is reaching out to primary schools across the UK with the national roll-out of its successful Make £5 Grow scheme.
West Brom savers look to the web
Building society the West Brom has added a new easy access account to its online savings portfolio WeBSave.
TSB prepares to launch on the high street
As TSB Bank prepares to become the eight largest bank on the high street when it launches next week, with 630 branches, Michael Ossei, personal finance expert at uSwitch.com, looks at what this means for consumers.
Bank of England maintains interest rates at 0.5%
The Bank of England's Monetary Policy Committee voted to maintain the official Bank Rate paid on commercial bank reserves at 0.5%.
Current account switching incentives - are they worth it?
The new Current Account Switching Service goes live on 16 September and a number of banks are offering one-off cash incentives in a bid to attract new customers.