Banking

Skipton International raises rate on 2 year bond

Skipton International Limited has restructured its fixed rate bond range, increasing the interest rate on its 2 year product and launching a further offering of the 12 month account. The 6 month bond has now been withdrawn.

Kids feel the pocket money pinch

We all know the economic downturn has hit our wallets – but it has also hit children’s piggy banks, according to a report from Tesco Bank.

Lloyds TSB student account improved for 2010

The improved account has been designed to support customers throughout their studies, offering them the tools to help them stay in control of their finances alongside benefits that will help them make the most of their money.

Metro Bank joins LINK ATM network

Metro Bank, Britain's first new high street bank in over 150 years, has joined the LINK ATM network, giving its customers access to the entire UK cash machine network.

moneysupermarket.com - Launch of Metro Bank

Commenting on the launch of Metro Bank, Kevin Mountford, head of banking at moneysupermarket.com, said: "After much hype we've finally seen the launch of the first new high street bank for more than 100 years.

More Brits shop around to get the best deals

Money-saving Britons are embracing the age of austerity with four in five (81 per cent) people having already made lifestyle changes to reduce their outgoings, according to new research from Santander Current Accounts.

Big surge in tied products

The proportion of mortgages and regular savings accounts that are only available for people who have another product with the same provider has increased dramatically since the beginning of 2010, discouraging consumers from shopping around to get the best deals, finds new research from the experts at Which? Money.

Mobile banking has global impact

The widespread emergence of mobile banking is having a huge transformative effect in both developed and emerging economies, a pioneering ‘mobile money' business leader said today in Mumbai, India.

Shield your PIN at cash machines

Video footage by LINK, the UK's cash machine network, reveals how criminals can try to get hold of your four-digit PIN when you use an ATM that they have targeted.

UK savers bank on their phones to save a pretty penny

Over half (51%) of Brits never leave home without their mobile phone with 44% claiming they couldn't live without it, according to research from BM Savings. In fact, a quarter (26%) of Brits confessed they would worry they would miss a call if they forgot their mobile.

Airports a black hole for travel money

Things are looking up for UK tourists planning summer trips to the eurozone as sterling has rallied by 7.8 per cent since it sunk to a low for 2010 in March and is now worth almost three per cent more than a year ago – meaning good news for hard-pressed UK holidaymakers looking for good deals on their travel money.