`Bank of mum and dad` lending children £12,000 each

9 March 2009
A new survey has suggested that more than half of parents with children over the age of 16 have lent or given their offspring a total of just under £12,000 each.... read more »

`Pro-debt` view of ministers contributed to recession

12 March 2009
The chief executive of the FSA (Financial Services Authority), Hector Sants, has criticised the Government`s actions in recent years.... read more »

FSA announces banking reforms

24 March 2009
The Financial Services Authority (FSA) has recommended a number of changes to banking rules in order to prevent a repeat of the events that led to the recession.... read more »

FSA suggests increase in banking `safety net`

2 April 2009
The Financial Services Authority (FSA) has suggested increasing the Government`s compensation for savers in the event that their account provider fails.... read more »

Car loans: `change in banking culture` needed

Chancellor Alistair Darling has said that there must be a change of culture in the way banks do business in order to restore confidence in the banking system.... 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. ... read more »

Plans for banking reform to be announced

8 July 2009
Chancellor Alistair Darling is set to deliver his White Paper on banking reform today.... read more »

Banks report weak lending figures

24 July 2009
Consumer lending remained weak in May, according to the latest figures from the Bank of England, suggesting that a level of uncertainty still exists amongst banks.... read more »

Cost of debt can be reduced by switching accounts

4 November 2009
17% of the UK population are permanently in debt on their overdrafts and 50% use their overdrafts on a regular basis, according to new research from Moneysupermarket.com.... 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 »

Banks to offer more £5 notes through ATMs

10 December 2009
The Bank of England will urge banks to increase the number of £5 notes in their cash machines, according to the BBC. ... read more »

Chancellor set to announce basic bank accounts for all

24 March 2010
Chancellor Alistair Darling is set to announce basic bank accounts for all in Wednesday`s Budget, the BBC reports. ... read more »

Bank of England reveals net lending increase

31 March 2010
Net lending to individuals rose by £2.1bn in February, compared with £1.9bn in the previous month, according to new Bank of England figures.... read more »

Economists not banking on base rate increase

7 April 2010
The Bank of England is expected to keep its rate at 0.5% for another month in tomorrow`s Monetary Policy Committee announcement, according to the Daily Mail.... read more »

Over half of internet users banking online

13 January 2010
A study has found that 22 million adults were using online banking on their main current account in the first half of 2009 - over 50% of regular internet users as a whole.... read more »

Debt: unauthorised overdrafts cost an average of 167% a year

26 July 2010
According to a report from SG Hambros, customers who fall into debt by entering an unauthorised overdraft are being charged an average of 167% a year (once fees and penalties are taken into account), the Guardian reports.... read more »