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Banking

1000th prisoner banks on a fresh start

A pioneering scheme to provide bank accounts for prisoners has reached the 1,000 milestone at HMP Forest Bank, Greater Manchester.

UK Inflation pushes sterling down

The rate of inflation in July has met market expectation, with the headline rate dipping marginally to 3.1% from 3.2% in June.

Bank base rate increase the only trigger to beat inflation

Inflation figures released today show that the Consumer Price Index (CPI) has fallen to 3.10%, a marginal fall of 0.10% from the previous month but still way above the Government's 2% target.

Foreign exchange made Simple

Foreign exchange made Simple

Simple, the UK’s top facial skincare brand, has teamed up once again with Thomson and First Choice to give holidaymakers even more value for their money and essential skincare advice with a free limited edition Simple Holiday Skincare pack.

No such thing as a free bank, says Which?

According to the experts at Which?, low credit interest, high overdraft charges and big fees on spending abroad means that while we may not pay a monthly sum for our current accounts, banking is not free.

35% of Brits plan to spend more while on holiday this year

More than a third of the GB population (35%) plan to take more spending money on their holidays this year than last, according to new online research by YouGov commissioned for BreadFX Prepaid Euro MasterCard.

my Travel Cash Multi-Currency prepaid MasterCard

With the next wave of gap year travellers planning their trip abroad, picking the right travel money product is key to making hard earned savings go further.

Currencies.co.uk Exchange Rate Competition – win £1,000

Currencies.co.uk is inviting people to use their skill and judgment to accurately estimate the GBP/EUR mid price at closing on 31st August 2010.

Sterling tumbles on Bank of England inflation report

Sterling tumbled to a one week low against the dollar in trading this morning after the Bank of England delivered its latest quarterly inflation and growth forecasts today.

Sun, sea and cheap surgery

Brits are heading abroad in their thousands for nips and tucks, cosmetic dentistry and medical procedures such as IVF and surrogacy that are restricted in the UK according to new research from specialist currency broker, Currencies.co.uk.

HSBC extends opening hours

HSBC is set to make it even easier for customers to do business by increasing the number of branches it opens on a Saturday by over 50 per cent. On top of that it is increasing the number of branches that offer late night opening.

Halifax rewards customers with up to £120 a year

Halifax Reward current account customers, already eligible for £60 a year in cash rewards when they fund their account with £1,000 each calendar month, can now earn up to £120 a year in rewards by applying for the new Halifax Clarity credit card, launched in July.

How to make your travel money go further

As the summer holiday season hots up, foreign currency specialists, HiFX outline the top destinations to jet off to this summer and offer tips on how to get the most out of your travel money.

Dollar plummets as non-farm payrolls disappoint

The dollar plunged in trading this afternoon after data revealed the U.S economy cut 131,000 jobs in July, intensifying fears about the U.S economic recovery. This was roughly double what had been expected by economists.

Unchanged bank rate set to continue into next year

Ray Boulger of independent mortgage adviser John Charcol comments on the news that the Monetary Policy Committee (MPC) has left Bank Rate unchanged for the 17th consecutive month and is leaving the Quantitative Easing programme unchanged at £200bn.