Banking
Brits welcome initiative to dispense £5 notes from Cashpoints
A survey of more than 2,000 UK residents has found that over 60 per cent of people would find it useful to be able to withdraw £5 notes from Cashpoint machines, supporting the Bank of England's initiative to increase the number of £5 notes in circulation.
Payments revolution gathers pace as cheque usage plummets
The total value of payments in the UK economy fell 0.6% in the second quarter of 2010, according to the latest data from the Payments Council.
Santander Student Current Account offers competitive rates
Santander is offering a fantastic Student Current Account to university students starting - or returning to - higher education this autumn. Understanding how important it is for students to be able to manage their finances during their time at university, the Santander Student Current Account offers some great additional benefits along with highly competitive rates.
69% think base rate will rise by August 2011
While interest rates are expected to be kept on hold at 0.5% for the 19th consecutive month when the Bank of England's Monetary Policy Committee (MPC) meets on Thursday, more than two thirds of respondents to a Fair Investment Company survey think it will have risen by this time next year.
One in four Brits fear Bank of England base rate rises
The Bank of England's Monetary Policy Committee is expected to hold base rate at 0.5 per cent this week, marking 18 months of no change.
Credit cards hold hidden charges for holidaymakers
UK travellers are heavily reliant on their credit cards while on holiday, according to a new report. Throughout 2009, UK travellers spent £17.7bn on debit and travel credit card purchases abroad, and withdrew £7.8bn from overseas ATMs.
Brits sending money abroad for tuition fees are wasting £1000s
With tens of thousands of would-be students missing out on UK university placements this year, it's understandable that many are looking to head overseas for university.
Monmouthshire BS unveils 6.5% growth
Monmouthshire Building Society has reinforced its position as one of the strongest institutions in the UK financial services sector, with growth of 6.5% for the year to April, 2010.
Croatia beats off late euro surge to score summer sun success
As the new school term marks the end of a summer holiday season marred by travel company failures and strike threats, Croatia has emerged as the winning choice for holidaymakers travelling to Europe.
Barclays to create new jobs in Glasgow
Plans by Barclays to create up to 600 new jobs in Glasgow reflect the resilience and quality of Scotland's financial services industry, First Minister Alex Salmond said today.
Coventry completes merger with Stroud & Swindon
Coventry Building Society, the UK's 3rd largest building society, has confirmed today that it has completed its merger with Stroud & Swindon Building Society.
UK & Europe trail emerging economies on expat finances
The UK & Europe have been revealed as some of the least favourable locations for expat finances, according to the latest findings from HSBC Offshore’s Expat Explorer survey, the largest global survey of expats.
Nationwide market-leading loan available to more people
From 7 September 2010, more FlexAccount customers will be able to apply in branches for Nationwide's market-leading personal loan rate of 7.7% APR typical. This coincides with the release of the new car registration plates in September, which is likely to increase the number of personal loan applications in this time period.
Positive Q2 GDP figure unable to lift sterling
Running against expectations, data this morning revealed that the UK's rate of economic growth in the second quarter was revised up to 1.2%.
Retired expats surf silver seas for new horizons
Despite a belief that a significant number of British retired expats are regretting their decision to retire abroad and are planning to return to the UK, retiring abroad is very much still a popular decision according to the third annual NatWest International Personal Banking (NatWest IPB) Quality of Life Report.