Items tagged with: bank accounts
Banks ‘may need extra £110bn for lending’
25 November 2008
A think tank has suggested that another £110bn of public money may be needed before banks are in a position to resume normal levels of lending.... read more »
‘Dangers of debt’ and the need to save
27 January 2009
Falling interest rates are reducing the appeal of saving, according to new research from the ABI (Association of British Insurers).... read more »
Base rate: all-time low of 1.5% ‘not the bottom’
27 January 2009
Currently 1.5%, the Bank of England’s base rate has reached an all-time low – but is likely to sink further yet, experts believe.... read more »
Savers ‘abandoning ISAs’
2 March 2009
Low interest rates might be good news for some mortgage holders, but people with bank accounts have had to watch the returns on their savings drop along with the Bank of England’s base rate.... read more »
Coalition highlights `universal banking obligation`
18 March 2009
MPs, unions and interest groups have outlined plans which could see the Post Office becoming a Post Bank - a `people`s bank` - the BBC reports.... read more »
Savers `should look out for restrictions`
6 May 2009
Independent research specialist Defaqto has warned potential savers to "keep their wits about them" with regard to restrictions on savings accounts.... read more »
Banks `may be forced to hold extra capital`
6 May 2009
Britain`s biggest banking groups may be forced to hold additional capital as a safeguard against a repeat of the current economic crisis, the Financial Times reports.
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Can`t get a basic bank account
13 October 2009
Over the years, bank accounts have become increasingly useful for day-to-day living. They offer us a safe and secure place to keep our money, as well as access to a range of useful facilities.... read more »
New rules protect banking customers
4 November 2009
The Financial Services Authority (FSA) is now in charge of regulating banks` and building societies` day-to-day contact with consumers, in a move aimed at protecting banking customers.... read more »
Millions `could benefit from switching bank account`
11 March 2010
7 out of 10 Britons have not changed their main bank account since 2000, according to research from Santander, meaning they are potentially missing out on higher levels of interest.... read more »
Brits `more likely to change football team than bank account`
16 June 2010
Brits are more likely to switch their allegiance to a football team in the World Cup than change bank account, according to research by The Co-operative Bank.... read more »