Banking
British home owners in Spain set to reclaim thousands
The European Court of Justice (ECJ) has ruled in a landmark legal case that the Spanish government has illegally overcharged non Spanish residents Capital Gains Tax (CGT) by 133% from 1997 up until December 2006. The ruling now paves the way for a possible £283 million refund from the Spanish government to UK citizens alone.
Working week gets longer for small business owners
Small business owners are working longer hours in the face of the current economic downturn, according to research by Abbey and Alliance & Leicester Business Banking.
Brits hide debt from loved ones
Almost one quarter (24%) of adults in the UK are hiding some form of debt (be that overdrafts, credit cards, store cards loans etc) from their partner, friends or family according to research by AXA as part of its My Budget Day campaign.
From the credit crunch to the stomach crunch
Hairdressers get the chop as Britons turn to their personal trainers as their confidantes and sources of advice for all things love, life and finance related.
Good news for travellers as Sterling fights back
Rishi Patel, Head of Trading at FairFX.com comments: "If we look back to the first two weeks of October when Sterling collapsed to 1.0629 against the Euro, we can see how aggressively Sterling has fought back to regain its current position, 1.12.
NatWest mobile banking app now available on App Store
NatWest announces the launch of a free mobile banking app on the App Store. The app allows customers to check their account balances, recent transactions and manage their money on the move using iPhone.
Santander reduce cost of Reward and Premier 50 accounts
Santander's UK current account brands, Abbey and Alliance & Leicester, are making two packaged accounts even more affordable in the run-up to Christmas.
Big, broad banks are beautiful
David Kuo, Director at the popular financial website The Motley Fool - Fool.co.uk, says: "We are pleased that Barclays has resumed its dividend. But at just 1p a share, the payout is both insulting and disappointing.
first direct in new role to raise £1million for ChildLine
Alison Leonard, first direct's Head of Digital Solutions, has taken the newly created position "Chair of the Regional Child's Voice Appeal Board North", which will see her working to secure funding from sources within the Yorkshire and North East area to support the development of the NSPCC's helpline services.
Better protection for borrowers
Customers borrowing money will get greater protection under the new Lending Code which comes into effect at the beginning of November.
Nationwide sends Cats' Eyes reflectors to UK schools
Of those most at risk, child pedestrians are perhaps one of the more vulnerable groups of road users, with many still learning road awareness skills as they walk to and from school on an almost daily basis.
FSA announces tough new code for financial reporting disclosure
The Financial Services Authority (FSA) has announced today that the major UK-headquartered banks have agreed to implement a tough new code for financial reporting disclosure.
Barclays deal with EIB gives boost to Further Education Colleges
Some 24 Further Education Colleges across the UK will benefit from lower cost finance comprising a total of £200 million to fund almost £1billion of capital projects, due to a loan facility made available following the signing of a new contract between Barclays and the European Investment Bank (EIB).
Virgin Money applies to become a bank
Commenting on news Virgin Money has applied to the Financial Services Authority for a licence to become a bank, Kevin Mountford, head of banking at moneysupermarket.com, said; "Although this news has been long expected, it will be interesting to see if and when it comes to fruition.
Stake your own claim, says Which?
Some claims management companies are discouraging consumers from claiming back excessive bank charges or mis-sold payment protection insurance (PPI) by themselves, reveals an undercover investigation by Which?.