Banking
Sterling slumps to a 5-month low against the Euro
Andy Scott, foreign exchange dealer at HiFX said: "It's been a very busy morning for economic data from the UK and it continues to paint a mixed picture. The consumer price inflation data released this morning has shown that the annual rate of price increases actually slowed last month for the first time in eight months to 4%.
Switching current accounts
Andrew Hagger of Moneynet comments on the report issued today by the Independent Banking Commission.
Expat pensioners and baby boomers are flocking back to the UK
Expat pensioners and baby boomers are flocking back to the UK in their droves according to figures from currency specialists HiFX.
Eastern Europe offers the best city break bargains
UK tourists planning a city break trip this spring will find the best bargains in Eastern Europe, according to the new City Costs Barometer from Post Office Travel Money.
Escape Travel Money gives Brits a right royal offer
The month of April will be a bumper-booking period for holidays and short breaks as late-booking Brits scramble to make the most of the forthcoming Royal Bank Holiday bonanza, according to Escape Travel Money.
Bank of England holds interest rates again
There has been increasing speculation that the MPC would increase interest rates, with the majority in favour of holding them becoming smaller in recent months.
Co-op launches current account offer for UNISON members
The Co-operative Bank and Britannia has launched a new current account offer for members of the public service trade union, UNISON. The current account is based on the bank's popular Current Account Plus and will be available for the union's 1.4 million members.
Property group's expansion ‘In-Site' following finance deal
Property management company In-Site Property Solutions is on the acquisition trial after securing a new financing deal from Santander Corporate Banking.
Prepare your finances before a trip abroad and save money
With Easter fast approaching and holidaymakers on the hunt to make every penny stretch, analysis by moneysupermarket.com shows how Brits can be a substantial £107 better off by shopping around before they go, leaving extra cash in your wallet to spend on holiday activities.
Sainsbury’s Travel Money launches online service
Sainsbury's Travel Money has launched an online service that will allow customers to ‘click and collect' their holiday money. The 0% commission on foreign currency, which offers competitive exchange rates, will give customers the choice of having their money delivered to home or collecting it from one of the 117 Sainsbury's Travel Money bureaux across the UK.
Lloyds TSB introduces changes to Vantage current account
Lloyds TSB is changing some of the tiered interest rates on the Vantage current account; these will come into effect on 27 June 2011.
Santander named ‘Business Bank Of The Year'
Santander was named ‘Business Bank of the Year' at the annual Business Moneyfacts Awards last week. This prestigious award validates Santander's strategy to become the ‘SME bank of choice' and was among four awards taken home on the night.
Principality scoops ‘Best Business Fixed Account Provider 2011’
Wales' largest building society, Principality, has been awarded ‘Best Business Fixed Account Provider 2011' after just over one year since the launch of its Business Savings arm in January 2010.
Family holiday hotspots 2011
Have you started thinking about booking your family summer holiday? As the pound is now stronger against the Euro and almost every other holiday currency than it was a year ago, families travelling overseas will get great value for their money this year in most top destinations.
The Co-op establishes the Reclaim Fund
The Co-operative Financial Services has announced that its application to establish a central Reclaim Fund for dormant account monies on behalf of the industry has been approved by the Financial Services Authority (FSA) today.