Much has been said about the relative success or failure of the new seven-day account switching programme, but it’s sure working well near the Scottish border.
The new current account switching rules that went into effect nearly a year ago have attracted more than 1 million customers, but could a bank run be looming?
The financial ombudsman released new figures concerning the worst banks in the UK in terms of number of complaints – and it’s clear customers have had enough.
A mass exodus is happening in the personal and business bank account world, with account holders desperately looking for greener pastures wherever they can.
It’s a rare week when I don’t have anything to complain about, but here it is: whether you’ve got a savings account or a current account, things are looking up.
A major personal and business bank account provider in the UK stands accused of racially profiling its customers when it comes to account closures.
The writing is definitely on the wall for some banks after the new current account switching rules have gone into effect, and the common scrawled word is loser.
Each week there are winners and losers when it comes to public opinion in the financial services sector – and this week HSBC has lost in a major way.
Competition betwixt High Street lenders and new upstarts is hotting up, which is good for consumers – but experts say that free accounts may be a casualty.
Criminals and fraudsters have begun to come out of the woodwork like mad lately, perpetrating crimes left and right that have left Brits penniless.