MPs have finally pulled out the big guns in retaliation against the taxman’s plan to raid personal and business bank accounts to punish debtors.
Tag Archives: savings account
Will we all be signing the bitcoin blues soon?
If you’re anything like me, you hear the word ‘bitcoin’ and wonder just what in the world that is – but we might all be in for a crash course very, very soon.
Lloyds TSB hikes overdraft costs even higher
As if it already didn’t cost you an arm and a leg if you go into the red on your current account, the largest retail banking provider in the UK has announced it will be raising the costs of setting up overdraft facilities even higher in the near future.
Average easy access savings balance soars by 18% in Q1 2012
According to the latest consumer savings monitor from ING Direct, the average easy access savings account balance in the UK increased to £1,858 during Q1 2012 – which equates to a jump of 18 per cent.
MPC member warns against Euro zone dangers
The ongoing sovereign debt crisis currently occurring in the Euro zone is more dangerous to personal and business bank account holders than the US slowdown, one Monetary Policy Committee member recently said.
Providers launching new personal and business bank accounts
In an effort to draw more new customers, financial service providers have begun launching new personal and business bank accounts with competitive interest rates.
Customer satisfaction poll indicates new saver favourites
The results are in, and savings account customers have spoken – The Co-operative Bank and First Direct have been selected as the best personal and business bank account providers in the entirety of the UK.
Savers beg BoE to raise UK base interest rate
Savings account campaigners are imploring the Bank of England’s Monetary Policy Committee to raise the UK base interest rate up from its historic 0.5 per cent low.
Savers click wrong link, lose out on higher interest rate
Savers applying for a new online banking deal from one financial services provider are being cautioned to not click the option to have an ATM card – unless they want to forfeit a 2.8 per cent interest rate.
Coventry BS to donate 0.05% to the Poppy Appeal
After reintroducing its Poppy Online Saver account, one personal and business bank account provider has assured its savings account customers that it will be donating 0.05 per cent of the new offering’s balances to the Poppy Appeal.
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