Tag Archives: savings accounts

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.

Online banking booms big on Christmas Day, says Nationwide

The UK’s biggest building society says that online banking activity on Christmas Day shoots through the roof every year, just like clockwork.

Barclays joins 21st century with new online banking tools

Welcome to the 21st century, Barclays customers: your bank now accepts cheque deposits via smartphone cameras. Just like most other non-Stone Age banks.

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.