Bank Account News Archive History

Bank Account News RSS Feed

  • Parents won't stop supporting their children
    More than a quarter of parents think that they will never stop financially supporting their children, according to Legal & General Investments.   Only one in five sets of parents see the 18th birthday as the signifier of ...
    Wed 30th Nov, 2011
  • Younger generation should think about pensions sooner
    Yesterday’s announcement that the rise in the state pension age to 67 is to be brought forward to 2026 – affecting those born after 1959-60 – means that it is more important than ever for the population to keep saving ...
    Wed 30th Nov, 2011
  • Autumn Statement 2011: Growth downgraded
    Chancellor George Osborne delivered his Autumn Statement today facing pressure to explain lower than predicted growth.   Osborne began by announcing that economic growth figures by the Office of Budget Responsibility do not ...
    Tue 29th Nov, 2011
  • Government announces credit and investment schemes
    The government is seeking to absorb criticism of its planned rise in business rates by investing in measures to get the economy moving.   Britain’s biggest retailers have expressed concerns about the proposed 5.6% ...
    Mon 28th Nov, 2011
  • Financial Planning Week reveals UK uncertainty
    A poll carried out for Financial Planning Week has identified the Eurozone and UK inflation as the biggest fears affecting confidence for 2012.   The Institute of Financial Planning has carried out a series of polls ...
    Fri 25th Nov, 2011
  • Average two-child family requires £25,000 to break even
    The average British family now requires £24,600 a year just to break even, according to a report commissioned by Skipton Financial Services.   From a sample of 2,000 families with at least two children, it was revealed ...
    Thu 24th Nov, 2011
  • Comment: Inflation-Linked Savings - Smoke and Mirrors
    There have been some significant moves in the market for savings products this week, driven mostly by concerns about inflation.   Santander has looked to muscle into the space vacated by NS&I, who announced a withdrawal of ...
    Thu 24th Nov, 2011 (1 Comment)
  • Vanquis sets the bar with market-leading 2-year bond
    Vanquis' 2-year bond lays down the gauntlet.   Vanquis Bank has laid down a mark to its competitors by increasing the rate on their two-year fixed-rate bond to 4.05% (3.24% net).   This makes Vanquis’ bond the current ...
    Wed 23rd Nov, 2011 (4 Comments)
  • Inflation high on MPC's agenda
    Minutes released today from the November meeting of the Bank of England's Monetary Policy Committee show reluctance to advance the quantitative easing package further, but reiterated the committee's hopes that inflation would ...
    Wed 23rd Nov, 2011
  • Current account reforms to benefit millions
    Changes to how personal current accounts operate will help millions of bank customers to manage their finances and deduce whether they are satisfied with the service they are receiving, the British Bankers’ Association have ...
    Mon 21st Nov, 2011
  • Britons concerned about their finances for retirement
    Ahead of UK Financial Planning Week (21st-27th November), a survey conducted by YouGov has shown that many Britons remain concerned about their retirement.   The fourth annual Financial Planning Survey, which polled over ...
    Mon 21st Nov, 2011
  • Bank of England press conference responds to inflation fall
    Bank of England governor Sir Mervyn King has been responding today to the modest fall in inflation rates for October.   The consumer price index showed a fall from 5.2% to 5%, aided partly by the heating competition between ...
    Wed 16th Nov, 2011
  • Brits hide £4.6 billion from partners in secret savings
    More than one in 10 keep secret savings of over £1,000 on average due to concerns over their partners' financial decision-making, while nearly one in four admit to self-security.   Based on a sample of 2,000 savers aged 40 ...
    Wed 16th Nov, 2011 (2 Comments)
  • Higher ISA limit could offset inflation
    The small fall in inflation to 5% during October has done little to help savers, who are still struggling to find a savings account that can offset the effects of the rising cost of living.     Taxpayers at the basic 20% ...
    Wed 16th Nov, 2011
  • Comment: “Waste not, want not”: How Much Could You Be Saving?
    This may prove an interesting week of parallels. Our Australian Finance Blog observed the scrutiny that fee-driven banking products have come under in Australia and the UK. Another comparison can be found in what we might ...
    Wed 16th Nov, 2011
  • Ease lending rules for small businesses, Bank of England calls
    Andrew Haldane, executive director of financial stability at the Bank of England, has called for a relaxation of rules that tighten lending to small businesses while the UK economy is in dire need.   Small businesses are on ...
    Mon 14th Nov, 2011 (1 Comment)
  • Competition hots up again for savings accounts
    Clydesdale and Yorkshire Banks launch new cash ISA, while Santander looks to match inflation.   The Australian owned Clydesdale and Yorkshire Banks this week launched two-year fixed-rate ISAs which are to mature in October ...
    Fri 11th Nov, 2011
  • Disposable income to rise - by £5 a week
    Living standards are expected to rise next year, according to the Centre for Economics and Business Research, but not by much.   Struggling families are likely to see their disposable incomes rise next year, but they will ...
    Wed 9th Nov, 2011
  • Comment: Santander's Up-Front Interest Bond: How 'Revolutionary' Is It?
    Revolution is a more powerful term than most people realise. It implies a rising order to be witnessing - and even delighting in - its overthrow of an old and failing order. So, how does that work exactly for a savings ...
    Wed 9th Nov, 2011 (1 Comment)
  • New to internet banking? Two thirds of Brits prefer it
    Once Brits have tried internet banking, they prefer the convenience over visiting their local branch, studies show. Research conducted by by Opinium Research and TNS Research International for the Payments Council reveals ...
    Tue 8th Nov, 2011
Page 1 of 2
<< Start < Prev 1 2 Next > End >>

© Legalwebb UK Ltd - All rights reserved. | Web-Site Design - Firm Creation Design & Advertising & Legalwebb UK Ltd