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Bank Account News

Savers 'lack awareness of ISA saving limits': The majority of consumers do not know how much money can be placed into individual savings accounts (ISA). Despite many people being aware of the benefits of individual savings accounts (ISAs), a significant number of Britons ...; Mon 15th Mar, 2010
Brits 'seek out multiple bank accounts': Around a tenth of 18 to 24-year-olds have more than one current account in order to access multiple overdrafts. A significant number of Britons are in possession of multiple bank accounts.Research commissioned by the ...; Fri 12th Mar, 2010
Rise recorded in business account openings: Business account openings increased over the course of January. An increasing number of business accounts were opened in January.The British Bankers' Association (BBA) reports that while December saw a seasonal low in the ...; Fri 12th Mar, 2010
People 'more positive about placing cash into savings accounts': Britons' views on saving continue to improve. The nation's propensity to place money into savings accounts is at its highest for more than 18 months.Four-fifths of those questioned by Nationwide last month described ...; Thu 11th Mar, 2010
Creative companies struggle to 'access business accounts': Businesses operating in the creative sector often struggle to access finance. Companies in publishing and other creative industries are struggling to access business accounts and other financial products.So claims Helen ...; Thu 11th Mar, 2010
Failure to switch current accounts 'seeing customers miss out': Failing to seek out competitive current accounts may mean many people are not making the most of their finances. Millions of Britons could be failing to make the most of their money by not swapping current account ...; Wed 10th Mar, 2010
Barclays Business Banking to offer contactless cards: Businesses will be able to use contactless-enabled cards to pay for goods and services. Companies are to find they are issued with contactless-enabled debit cards to use with their business accounts.From this month, Barclays ...; Wed 10th Mar, 2010
Business accounts 'buoyed by rise in exports': New research has revealed an increase in business sentiment. Businesses are taking a more positive view about the short term future of their organisation, in part driven by reports that exports are to increase.Figures ...; Tue 9th Mar, 2010
Saga reveals keenness to save into ISAs: Over-50s are keen to make use of the increased savings allowance on hand with individual saving accounts (ISAs). Significant numbers of older Britons are taking advantage of the increasing saving limits on hand with ...; Tue 9th Mar, 2010
ISA savers should "get a move on": Savers have been reminded of the need to make full use of ISAs before the end of the current tax year. It is imperative that people take full advantage of investing in ISAs.So claims David Kuo, director of the financial ...; Mon 8th Mar, 2010
Budget 'needs to support businesses': This year's Budget should ensure businesses get the help they need in driving economic growth. The last Budget to take place prior to this year's general election should ensure businesses are in a position to grow.This is the ...; Mon 8th Mar, 2010
Consumer confidence 'on the up': Improvements in consumer confidence should see an increase in spending, according to one expert. Britons are gradually taking a more positive attitude toward money, one market research expert claims.According to Nick Moon, ...; Mon 8th Mar, 2010
Business accounts record rise in flat rate VAT: The government should review flat rate VAT payments, according to the Federation of Small Businesses (FSB). Business accounts have recorded a rise in flat rate VAT, according to an industry body. The Federation of Small ...; Fri 5th Mar, 2010
Increased ISA limits 'appeal to over-50s': 77 per cent of over-50s are planning to take advantage of increased ISA allowances, according to Barclays Wealth. The increased ISA allowance is proving appealing to the over-50s, according to research. Barclays Wealth found ...; Fri 5th Mar, 2010
NS&I reveals fall in savings: New research shows saving activity is at its lowest for over two years. Britons are currently placing the lowest amount of money into saving accounts for more than two years.National Savings and Investments (NS&I) reveals ...; Thu 4th Mar, 2010
FSB petitions for national insurance freeze: One small business organisation is demanding the government does not increase employers' national insurance as such a move will prove to be a "tax on jobs". A new campaign is calling on the government to avoid ...; Wed 3rd Mar, 2010
Business accounts 'constrained by tax system': The country's tax system is said to be preventing a significant number of businesses from expanding. Small businesses believe the current tax system is hampering their growth.Research carried out by the Federation of Small ...; Tue 2nd Mar, 2010
Make the most of savings accounts despite falling rates, consumers advised: Despite the record low base rate people should still look to maximise any money placed into savings accounts. One financial expert has reminded consumers of the need to make the most of their savings. In an article for ...; Tue 2nd Mar, 2010 (1 Comment)
Santander current account deal extended: Those wishing to compare accountsThe availability of the Zero Current Account has been expanded by Santander. Santander is to extend the availability of one of its current accounts.From next Monday (March 8th), the bank will ...; Mon 1st Mar, 2010
Business owners 'call for more help from banks': Company executives have spoken out about the apparent reluctance of banks to finance businesses. Entrepreneurs with business accounts have called upon banks to help them finance their companies.This is according to an article ...; Mon 1st Mar, 2010 (1 Comment)