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Banking

Ignore inflation at your peril

David Kuo, Director at financial website Fool.co.uk, says: "The latest inflation numbers from the Office for National Statistics are worrying.

Santander launches no balance transfer fee offer

Santander has announced the latest initiative to reward existing customers, following the launch of the Zero Current Account and the announcement that adult bank account customers will now benefit from fee free cash withdrawals from all of Santander's 4,300 ATMs in Spain.

Skipton opens its doors to people wanting to donate to Haiti

People wanting to donate money to help the estimated three million people affected by the Haiti Earthquake can now do so at their nearest Skipton Building Society branch.

RBS/NatWest make £1 billion available to manufacturing businesses

RBS and NatWest have pledged to make £1 billion of new loans available on competitive, flexible terms to UK manufacturing businesses.

Pitiful pound helps buyers and sellers arrive at a good price

Pitiful pound helps buyers and sellers arrive at a good price

At first glance it’s tricky to work out how buying a villa in Spain in 2000 for €122,000 euros and selling in 2010 for €85,000 euros can be seen as anything but an unmitigated disaster. But actually the client’s getting a bargain and the vendor’s making a profit. How? Answer - the vendor’s British.

Sterling hits 1 month high against the US dollar

Sterling soared against the US dollar this morning, hitting a one month high and climbing nearly 0.5 pc to hit $1.6267, it's highest since mid-December. Against the euro, Sterling gained 0.4 pc, hitting a 9 day low of €1.1160.

More than 50 per cent of internet users bank online

It is just 12 years since internet banking began, but its popularity has grown so much that, in the first half of 2009, 22 million adults used internet banking on their main current account.

Treasury calls for more choice in business finance

Work to increase options for UK businesses in need of non-bank finance is the subject of a discussion document released by the Treasury today.

NatWest launches Navigator Structured Deposit Account

NatWest International Personal Banking (IPB) has launched the Navigator Structured Deposit Account, designed to capture growth in bull and bear markets.

Abbey International launches Fixed Rate Deposit paying 3.60%

Abbey International has launched a new Limited Offer 18 month Fixed Rate Deposit contract paying 3.60% gross/3.57% AER.

Will your overdraft see you through to January pay day?

Andrew Hagger of Moneynet.co.uk warns consumers that slipping into unauthorised overdraft could see their New Year get off to a bad start.

Santander rebrands Abbey and B&B branches

The first official Santander branch in Tottenham Court Road, London will be launched today by Banco Santander Chairman Emilio Botin.

Abbey and B&B savings to be rebranded as Santander

Commenting on the confirmation that 1,000 Abbey and Bradford & Bingley branches will be rebranded to Santander by the end of this month, starting in London on Monday, Kevin Mountford, head of banking at moneysupermarket.com, said:

Virgin bank would offer more choice to consumers, says Which?

As Virgin takes a step closer to joining the retail banking sector by buying Church House Trust, Which? chief executive, Peter Vicary-Smith, says: "Consumers will welcome the prospect of more choice on the high street. There's a definite appetite for switching accounts if people feel they've been badly treated by their bank.

Banks’ New Year’s resolution should be to rebuild trust, say consumers

Over three-quarters of people (77%) say that rebuilding customer trust should be a New Year's resolution for banks, according to new research by Which?