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Banking

Offshore disclosure deadline looms

People with offshore investments who have notified HM Revenue & Customs (HMRC) that they want to use the New Disclosure Opportunity (NDO) have just one week to make their disclosures online and to pay all tax, duties, interest and penalties owed in full.

Harry Potter author "SPELLS" success for next generation

JK Rowling is the most inspirational and admired entrepreneurial female role-model for young women in the UK, new research carried out by The Co-operative Financial Services (CFS) has revealed.

moneysupermarket.com - Metro Bank securing FSA authorisation

Commenting on Metro Bank securing FSA authorisation to trade as a bank, Clare Francis, site editor at moneysupermarket.com, said: "The news that Metro Bank has finally got its banking licence and will open its doors in the next few months is fantastic for consumers.

Are interest rates on the way up?

It's a tricky task to predict the exact point, or even a close estimate, of when rates may rise. However, with the current base rate at 0.50%, it is fair to assume the future for rates can only be up.

Plummeting sterling finds some support on PMI figures

In trading on Monday, the UK currency suffered one of its worst days in recent months.

Support England at the World Cup by bringing it home for Shelter

Shelter and Nationwide are calling on the great British public to 'Strip4Shelter and wear their team's colours or football strip to work and/or school.

Sterling hits a 6 week low against the euro

Sterling hit a 6 week low against the euro this morning, after figures released showed a fall in UK mortgage approvals.

Abbey International scoops international banking award

Abbey International is currently celebrating twice over having won the coveted Best International Bank award in this year’s Investment International Finance Awards and this week secured a “Best Buy” listing for its popular 18 month fixed rate deposit currently paying 3.57% AER with Moneyfacts.

Santander extends eligibility for Zero Current Account

Santander is extending the eligibility on the UK's first fee-free current account. From 8 March 2010, the Santander Zero Current Account will be available to customers who hold a Santander investment product or open one, in addition to the current eligibility of mortgage customers.

Unexpected UK growth fails to support sterling

Data this morning has revealed that the UK economy grew by 0.3% in the fourth quarter of 2009, an upward revision of 0.2%.

Investors turn to banking sector as bosses bin bonuses

Angus Rigby, Chief Executive Officer, TD Waterhouse Comments: "Overall trading volumes increased slightly (4%) on last week as the banking sector dominated (59%) the top ten following a series of high profile bankers waiving their contractual bonuses for the year.

Brits save money by booking holidays direct

Holidaymakers saved themselves a collective £4.92 billion last year by cutting out the middle man and booking directly, new research from Santander Cards has revealed.

CCCS offers free debt advice and support

As research published by comparison website moneysupermarket.com has found that ten percent of British adults live on their overdraft, a leading debt charity is calling on anyone who is permanently in their overdraft to seek help.

BSA welcomes removal of Northern Rock's 100% savings guarantee

Commenting on the announcement today that Northern Rock will in three months have its 100% guarantee on savings removed, Adrian Coles, BSA Director-General, said: "The removal of Northern Rock's guarantee is welcome as a significant step towards returning the cash savings market to a level playing field.

Northern Rock takes another step towards independence

An important milestone has been reached in Northern Rock's return to independent, commercial strength with notice given today for the end of the special guarantee for the bank's retail deposits.