Bank Account News Archive History

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  • Proposed new rules on packaged bank accounts will protect consumers
    The Financial Services Authority (FSA) wants to tighten controls on accounts with monthly fees. Packaged bank accounts tend to include add-ons such as travel insurance, mobile phone insurance and breakdown cover for a monthly ...
    Mon 31st Oct, 2011 (2 Comments)
  • RBS and NatWest Banking goes live on Android
    The new Android app for RBS & NatWest is released today. Android phone users in the UK will be able to download the RBS & NatWest Mobile Banking application to manage their bank accounts. With apps already readily available ...
    Fri 28th Oct, 2011
  • City bonuses set to plummet
    The value of bonuses for the City's financial sector is set to plummet almost 40%, experts predict. Having initially predicted another fruitful year of bonuses, the Centre for Economics and Business Research (CEBR) is now ...
    Fri 28th Oct, 2011
  • UK savings are fighting their corner
    In the face of high inflation, UK savings products are fighting their corner, and savers are responding.   New statistics from the October UK Lending Trends Treasury Report show that the average rate paid on both notice and ...
    Thu 27th Oct, 2011
  • Higher costs of university deterring applicants this year
    Higher tuition fees are deterring students from applying, a number of sources suggest. With many universities preparing to charge fees up to £9,000 per year for degree courses from September 2012, a survey by BBC Inside Out ...
    Mon 24th Oct, 2011
  • Business lending could suffer from new regulations
    New banking regulations are making it harder for banks to lend, says the UK's Treasury Committee. Chairman Andrew Tyrie has written to both the Bank of England and the Financial Services Authority asking them to "carefully ...
    Mon 24th Oct, 2011
  • Savings News: The fight to stay competitive
    Nationwide, and its subsidiary, Derbyshire Building Society, look set to keep savings competitive.   Nationwide is set to strengthen its Smart range of children's savings accounts. Three new branch-based accounts are aimed ...
    Fri 21st Oct, 2011
  • Comment: Inflation above 5%. What now for savers and spenders?
    Soaring energy bills and rising food prices have driven inflation over 5% in the month of September, causing more misery for savers. The retail price index (RPI) has risen to a 20-year high. So, what now for savers who are ...
    Fri 21st Oct, 2011
  • Savers suffer again as inflation rises above 5%
    Rising food and energy prices have sent inflation rates beyond 5%.   It was announced today that inflation rates have soared from 4.5% to 5.2% during September, owing to rising food and energy prices. The consumer price ...
    Tue 18th Oct, 2011
  • Aviva: Retirees advise youngsters to use savings accounts
    It might be a good idea for people to start planning for retirement at an early age. Younger generations might find it a good idea to place money in savings accounts from an early age in order to plan ahead for the ...
    Wed 5th Oct, 2011
  • Britons 'should save if they can'
    Britons have been advised to save money if they can. Being fully aware of their current account outgoings is absolutely essential for all consumers in the aftermath of the global economic downturn.That is according to Andrew ...
    Tue 4th Oct, 2011
  • Student account holders 'must set budget immediately'
    Students have been urged to set themselves a strict budget immediately after going to university. Student account holders should prioritise setting a strict budget as soon as they begin their university course.That is the ...
    Tue 4th Oct, 2011
  • Half of all Britons 'have less than £1k in savings'
    Many people have insufficient savings, new research has shown. Half of all households across the country have less than £1,000 stored in savings accounts such as fixed rate bonds or ISAs, new research has ...
    Tue 4th Oct, 2011 (1 Comment)
  • Saving 'a little and often' crucial for parents
    Parents should save a little and often for their children, it has been said. Storing cash away gradually in savings accounts is the best way for parents to go about providing their children with a financial safety net at ...
    Mon 3rd Oct, 2011

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