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Banking

Halifax unveils 12 month fee free overdraft for switchers

From 2 January 2013 until 3 March 2013, as well as receiving £100 on the same day they open the account and commence the switching process, new customers to Halifax will not pay any fees on planned overdrafts for an entire year, even if they have an existing overdraft.

A bank complaint made every seven seconds

Official figures from the Financial Services Authority (FSA) show that Britain’s biggest banks received a complaint every seven seconds between January and June, the largest number of complaints to date, says claims company PPI Reclaims.

Not boom time in the Middle East but big time!

Although the effects of the boom and bust of a few years back may still be affecting large swathes of the globe, in the Middle East, however, huge infrastructure projects worth billions of pounds are under way and energising both investors and economies alike. It may not be boom time, but it sure is big time.

Property owners abroad looking to sell are struggling with foreign markets

As the recession takes its toll, many Brits with second homes abroad are being forced to sell up and return home.

Consumer faith in UK banking industry continues to fall

Consumer faith in UK banking industry continues to fall

Scandals involving the UK Banking industry have caused consumer faith to plummet – that’s according to the latest report which has revealed nose-diving levels of trust towards UK banks.

Don't give a fraudster a gift this Christmas

With fraud against individuals estimated to cost around £6.1 billion a year in the UK, Barclays is urging customers to take precautions to avoid becoming a victim this Christmas.

Small businesses offered £110 million of new finance

Small businesses struggling to access credit are to be given a welcome boost with £110 million of new funding, Vince Cable announced today.

SMEs lose billions by not counting the costs

Small businesses could save themselves nearly £16.5billion a year by taking simple steps to cut costs, without impacting on service or staff, according to research by Clydesdale and Yorkshire Banks.

Yorkshire Bank serves up Pasta King funding

Yorkshire Bank has provided £8.7million of senior debt and working capital to Pasta King Group in a deal which positions the business for growth and sees a partial realisation of its investment for private equity owners NBGI Private Equity.

Happy 40th Birthday to the modern day cash machine

Forty years ago on the 11 December 1972, Lloyds TSB in Brentwood, Essex introduced the world's first computerised cash machine that allowed customers self-service access to their account.

Travel FX debuts in top half of Sunday Times Fast Track 100

Mail order holiday money company, Travel FX, has earned an impressive 34th spot in the Sunday Times Fast Track 100 unveiled this weekend.

The Balgarth Pines Inn to be reborn with finance from Santander

New life has been breathed into The Balgarth Pines Inn, in Ayr, following a new investment package from Santander Corporate Banking.

Green bank opens for business

Business Secretary Vince Cable has declared the UK Green Investment Bank plc (UK GIB) officially open for business and announced two new investments.

Brits paying millions to send money overseas

Brits are paying over £150 million a year in bank fees when transferring money abroad, according to a report published by Travelex.

Pizza Hut Delivery franchisee has a slice of success with HSBC support

A Northampton-based entrepreneur who opened his first franchise pizza outlet at the age of 18 has added two more Pizza Hut Delivery outlets to his portfolio with the support of HSBC's Birmingham-based Franchise unit and the bank's Birmingham Commercial team.