Banking
Abbey International Jersey Bond tops Moneyfacts Best Buy list
Less than a month after its launch, Abbey International’s 5 Year Fixed Rate Saver, which pays investors a fixed rate of 4% gross/AER every year for the full length of the account’s life, has secured a “Best Buy” listing.
Will emergency budget breathe life into sterling?
Focus for some time now has been centred on the troubled fiscal state of the UK economy. Sterling has been in limbo this past week or so, with investors awaiting news on potential spending cuts.
'Sugar babies’ earning £426 million a year
The new series of BBC's looking for a ‘Junior Apprentice' hit our screens last week, and provides further inspiration to an already inspired age-group, according to research conducted by Santander Current Accounts.
FX clients capitalise on market volatility
FX clients have relished the recent market volatility with week-on-week record trading volumes via BARXdirect: FX from Barclays Stockbrokers, culminating in last week seeing the largest number of clients active in any one week period, and the largest number of trades being processed since the platform was launched over two years ago.
Co-operative Bank commits £200m to renewable energy finance
The Co-operative Bank has reinforced its position as a leading provider of renewable energy finance by committing to lend £200m to the sector in 2010.
Metro Bank - new kids on the high street banking block
For the first time in over 150 years a new high street bank - Metro Bank - will be opening its doors to customers. Under the slogan ‘Love Your Bank' it will be hoping to entice people away from the traditional banks.
MBNA launches new mobile banking text service
A new mobile phone service enabling UK customers to text for their credit card information has been launched by MBNA.
Sort your holiday finances early or you could end up getting stung
Analysis by moneysupermarket.com shows that by doing a bit of financial preparation before going abroad this bank holiday, UK travellers could have an extra £94.00 to splash in the sun, especially important this summer as sterling struggles against the Euro and the US Dollar.
UK football fans unaware of cash limit of entry to South Africa
More than 460,000 Britons visit South Africa every year and thousands more will be going this year for the Football World Cup next month.
Clydesdale Bank scoops Banknote Oscars
Clydesdale Bank's new series of banknotes won the ‘Best New Banknote Series' and ‘Best Public Education Programme' awards at the 2010 International Association of Currency Affairs Conference.
Nationwide advertising partnership with Little Britain icons
Britain, Britain, Britain! Nationwide Building Society is launching a new ad campaign featuring some of the nation's best loved characters from sketch show Little Britain, bringing the country's biggest building society back to the nation's screens.
Offshore bank voted “Best Euro Account Provider”
AIB Jersey & Isle of Man has been voted “Best Euro Account Provider” in the Investment International 2009 finance awards. The award acknowledges AIB Jersey and Isle of Man’s popularity as a multi-currency international banking service provider to its clients and among its network of intermediary introducers and key business partners.
ConDem Nation sees sterling rise
The currency market has been stuck in limbo over the past few days, following the indecisive nature of the electoral result.
The Co-operative Bank launches new current account offers
The Co-operative Bank is launching a trio of new offers for new and existing current account customers, including a new highly competitive lifetime tracker mortgage at 2.49% (tracks at 1.99% above Bank of England base rate) with no application fees.
Average current account overdraft rate at decade high
Despite bank base rate being at an all time low, authorised overdraft rates have hit their highest level in a decade.