Bank of England `may extend quantitative easing`
1 September 2010
The Bank of England may be set to pump more money into the economy as part of its quantitative easing scheme, deputy governor Charles Bean has suggested.... read more »
Choosing the `right` student bank account
23 August 2010
An article in The Telegraph highlights how important it is that students `swot up` on their banking options ahead of Freshers` Week and choose the right bank account for their needs.... read more »
Inflation: Bank writes to Chancellor again
18 August 2010
The Governor of the Bank of England, Mervyn King, has again had to write to the Chancellor to explain why inflation is so high.
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The importance of online bank account security
16 August 2010
According to an article on uknewsreporter.co.uk, a new virus is targeting online bank accounts, clearing them of all funds and issuing false statements showing that `nothing is amiss`.
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Credit card rates up, despite low Bank Rate
5 August 2010
Research by comparison website Moneysupermarket.com has found that the average interest rate on the most popular credit cards is on the up, even though the Bank of England`s base rate has remained at 0.5%.... read more »
`Free cash` warning to bank account customers
2 August 2010
The Financial Ombudsman Service, a free service set up to settle complaints between consumers and financial businesses, has warned bank account customers that they are `unlikely to be allowed to keep money mistakenly credited to their bank account`, the BBC reports.... read more »
Bank rate means most savings accounts `pay below inflation`
28 July 2010
An article on the BBC News website highlights how many savers are having trouble finding a savings account that offers good returns on their deposits. ... read more »
MPC member calls for Bank rate rise
21 July 2010
Bank of England Monetary Policy Committee (MPC) member Andrew Sentance called for a rise in the base rate in July, minutes from July`s MPC meeting have revealed.... read more »
Bankrupts `having trouble finding basic bank account`
14 July 2010
Just two out of 17 banks in a study by Citizens Advice allowed people who had recently been made bankrupt to open a basic bank account. ... read more »
Banks to cut ISA transfer times
30 June 2010
Banks are set to cut the maximum amount of time it takes to transfer cash between different ISA providers, the British Bankers` Association (BBA) reports. ... read more »
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