Banking
Barclays launches loyalty mortgage discounts
Barclays customers can get better mortgage deals from Wednesday 1 September as the bank launches its first loyalty mortgages.
Barclays predicts bumper spending as people flock abroad
Brits are expected to shun the UK's dismal weather in favour of sunnier climates this weekend as figures from Barclays indicate that August bank holiday weekend will produce the largest demand for overseas debit card spending and cash withdrawals this summer.
Cater Allen launches Prestige Bank Account
Cater Allen Private Bank, part of the Santander Group, has launched a new Prestige Bank Account, designed to appeal to individuals who have at least £25,000 to deposit with Cater Allen.
HSBC launch Facebook search to find visionary students
HSBC has launched a search to find the UK's most visionary students and is offering them the chance to win one of four £15,000 bursaries.
Adult children bank on retired parents
Retiring parents face increasing financial pressure from adult children, according to new research from Aviva.
Choosing the best student account
moneysupermarket.com urges all students to pay close attention when choosing their bank account as providers will offer a range of tempting incentives to lure them in. Students should not get fooled by the offers and detract from what matters: interest rates and interest-free overdrafts.
Big banks fall short of customer expectations, say Which?
The big high street banks continue to fall short of customers' expectations, with the smaller banks, such as First Direct and Smile, yet again topping the Which? Money People's Choice poll.
Brits stay with their bank longer than their partners
Britons keep their current accounts longer than their personal relationships, according to new research from Santander Current Accounts.
Abbey reports strong take up of medium term fixed rate accounts
Abbey International has reported strong levels of interest in its latest round of medium term fixed rate accounts over both three and five year terms.
Kalixa waives internet banking and card replacement fees
Kalixa the prepaid MasterCard from Vincento Payment Solutions Ltd today announces that it will be waiving the fee for loads via bank transfer and the card replacement fee as of 1st August 2010.
Alternative for expat pensioners hit by Nationwide fees
The news that from 1 November 2010 Nationwide FlexAccount customers will have to pay a commission charge of 2% plus a £1 flat fee to withdraw cash overseas is a blow to more than just holidaymakers.
UK retail sales give pound sharp boost
Running against expectations, UK retail sales rose by 1.1% in July, far exceeding the modest 0.4% rise that the market had forecast.
The “Sterling Crisis” that never was
When the results of the May General Election were finally confirmed and it was clear that no one party had an overall working majority, GBP/EUR plummeted 4% from 1.1845 to 1.1350 and GBP/USD fell 3% from 1.4935 to 1.4475 in just one day (7 May).
Younger Brits head for the sun as families feel holiday pinch
Despite the economic downturn having hit many people hard, with pennies having to be saved in every direction possible, a new report from Tesco Travel Money reveals a vast disparity among UK adults when it comes to holiday planning in 2010.
MPC minutes lift sterling from its lows
August Monetary Policy Committee minutes revealed a vote of eight to one in favour of maintaining the base rate of interest at 0.5%.