Banking
Three quarters of people say banks still haven't learnt their lesson
Five years on from the day the global financial crisis officially started and the public are more disillusioned with the banking sector than ever before.
£1.6 billion of forgotten cash stashed in Brits’ drawers
A staggering £1.6bn (€2bn) of leftover holiday money is sitting in British homes, a new survey from Skyscanner, Europe’s leaving travel search site, has revealed.
Halifax doubles guaranteed student overdraft for 2012
Halifax has unveiled the details of its 2012 student account offering, announcing that it will now offer the largest guaranteed overdraft in the market from day one.
Small business owners innovate to stay ahead in tough environment
Small business owners are increasingly diversifying and innovating as they look to capitalise on the busy summer of events in the UK and improve their bottom line, according to Aviva's bi-annual SME Pulse.
Current account holders continue to switch to N&P from big banks
Customers of the big high street banks are continuing to switch their current accounts to Norwich & Peterborough Building Society (N&P) - with more set to follow thanks to a new, personalised switching service.
Payment Protection Insurance (PPI) provisions hit £10 billion
HSBC have announced they have set aside a further £340 million for PPI redress costs, bringing the total PPI provisions across the banks to a staggering £10 billion.
Santander enhances overdraft facilities for students
Santander is to offer enhanced arranged overdrafts for students in the first two years to £1,500, up from £1,000 in year 1 and up from £1,250 in year 2, effective from 1 August 2012.
FSA publishes new rules on packaged accounts
The Financial Services Authority (FSA) has published new rules requiring banks and building societies to check whether customers are eligible to claim on insurance cover before selling them a packaged bank account.
Post Office Travel Money Card hits the £100 million mark
The Post Office has announced that travel money loaded onto its pre-paid currency card has reached the milestone £100 million mark. This landmark figure was achieved this month, just over a year since the Travel Money Card Plus was launched in June 2011.
Make your money travel further this summer
With many Brits jetting off abroad in the coming weeks, holiday makers will no doubt welcome the news that the sterling is now at a three and a half year high against the euro.
Autobahn drives international growth with HSBC funding
A Kenilworth-based prestige car dealer has secured a seven figure finance package from HSBC to help it drive international sales and export growth.
Cut out hefty money transfer fees with Azimo
Azimo is a new international money transfer service offering much cheaper prices than high street banks and large competitors by cutting out middlemen and hefty commission fees, which can often be as high as 8%.
Powerful pound means more holiday cash
With sterling soaring to its highest rate this year against European currencies, families travelling to the eurozone and other Continental hotspots at the end of the school term can expect to have up to 11.5 per cent more cash in hand compared with last summer.
Prepaid currency card confusion costing Brits
Brits are incurring millions of pounds in credit and debit card fees after being left confused by prepaid currency cards, according to the findings of a new report.
M&S Bank opens its first branch in Marble Arch store
M&S Bank opens its first branch today (Thursday 19th July) at M&S's flagship Marble Arch store. Fifty M&S Bank branches will open by the end of 2013, with 16 opening by the end of the summer.