Banking
Post Office to launch current account
The Post Office has announced it will launch into the current account market during Spring 2013 in a move that will make it one of the largest providers of financial services on the high street.
£300 million boost for SME lending
Small and medium sized businesses (SMEs) struggling to access finance received a boost today as the Business Secretary Vince Cable launched the first phase of the new business bank.
Nationwide offers three different current accounts
Nationwide Building Society now has three different current accounts, each designed to meet the varied needs of consumers who either want to open their first current account or who wish to move away from their existing provider.
Tricorn secures £10m HSBC funding as it prepares for international growth
Worcestershire-based engineering group Tricorn PLC has moved its full business banking to HSBC to support its growing international operations.
Pick and mix time for consumers with new rules on packaged accounts
On Sunday 31st March 2013, new rules from the Financial Services Authority (FSA) will come into effect.
FlexPlus packed with benefits for Easter holidaymakers
Nationwide is making it easier for those heading off on holiday this Easter with a range of benefits available with its new FlexPlus current account and credit cards.
Budapest is best bet for pound-stretching city break as sterling slides
Low prices and sterling’s stability against the forint have helped Budapest power past Riga and Prague to take the top spot in Post Office Travel Money’s annual City Costs Barometer.
Sterling gains as Bank’s minutes highlight currency impact of monetary policy
The Pound gained across the board on Wednesday morning following the release of the minutes of the Bank of England's meeting this month which showed that the vote on additional quantitative easing remained three members against six.
The opportunity of a generation
More than one in four (26%) 14-25 year olds want to run their own business when they leave school, which if realised, would create a potential source of innovation and productivity, according to findings from the Barclays Youth Barometer.
LINK invites consumers to suggest where ATMs are needed
LINK has launched a simple way for consumers to suggest new sites for cash machines online.
Dalby setting sail offshore with Santander
Yorkshire-based marine services provider, Dalby Offshore Renewables, is adding a high specification 20-metre Alicat Workboat to its fleet, following a new £1.36 million asset finance facility from Santander Corporate & Commercial.
Don't get hit twice by poor currency rates
As holidaymakers in search of winter sun face the double-whammy of a weak pound and rising hotel room rates in long-haul destinations such as the Middle East and Asia, Doug Gowan, Head of Travel Money at Tesco Bank offers the following advice when purchasing foreign currency:
first direct looks to spread the love with changes to its 1st Account
first direct has announced that it is reducing the monthly amount people need to pay into its 1st Account.
Santander’s current account switching service awarded five stars
Santander's current account switching service has been given a five-star rating by Defaqto, the independent financial research company, the highest rating it gives to financial products and services.
Banks slam their doors on 3.7 million UK entrepreneurs
As small businesses struggle to stay afloat, new research from Amigo Loans, has found that just 20% of micro-businesses were funded through a bank loan and one in six had to resort to a payday loan to fund their business.