Tag Archives: interest rates

Banks Propose New Charges for Business Cash Deposits

In a move that will upset many businesses, it has been announced that leading UK banks may decide to start charging for business cash deposits.

FCA says seven-day switching needs more support

The new seven-day switching rules that allow consumers to give one bank the boot and join another need more support, says the Financial Conduct Authority.

Nearly 2m Brits going without any sort of bank account

Business banking news review: week ending 12 March 2015 If the Financial Inclusion Commission is to believed, nearly 2 million Brits are going without any sort of personal or business bank account right now. According to the FIC’s latest figures, these individuals are truly running the risk of being disconnected from what the commission calls […]

Banks slash interest rates on savings accounts across the UK

Banks and building societies across the UK have given it to the nation’s savers on the chin once more, with interest rates being slashed on scores of products.

Banks throw money at customers to entice them to switch

Smaller banks are willing to try anything to get customers to switch – including just throwing money at them in a bare-faced attempt at bribery.