Articles Tagged With: Banks

The vast majority of UK savers believe current rules on individual savings accounts Isa are unfair and penalise those wishing to minimise investment risks, it has been reported. According to research

Savers wishing to capitalise on their 2009-10 Isa allowance cannot afford to leave it until the last minute this year, it has been claimed. Clydesdale and Yorkshire Banks have reminded consumers that the

Banks need to be more willing to lend if the availability of cheap mortgages is to improve, it has been suggested. According to Catherine Hearnden, director of MyMortgageDirect, increased loan-to-value

The Building Societies Association BSA has welcomed the announcement that Northern Rock's 100 per cent savings guarantee is to be removed. Earlier this week, the Treasury announced that from May 24th,

UK consumers have wasted a combined £13 billion by failing to take advantage of individual savings accounts Isas. This is the major finding of new research conducted by Clydesdale & Yorkshire

Spanish bank Santander increased its net mortgage lending in the UK to £7.6 billion last year and estimates that this represents a net market share of 69.1 per cent. However, the firm's share of the

A new range of competitive fixed-rate bonds has been launched by Santander and Alliance & Leicester. The new offer, which is available at any of the banks' branches, could see interest accrue at up

A record amount will be spent on plastic cards during December, Barclays has predicted. According to the bank, £23 billion will be spent on debit cards during the month, while £17.8 billion of

It is now more difficult for consumers to run up huge plastic card debts unchecked, according to Credit Action. Chris Tapp, director of the money education charity, said it is harder now to get a credit

Personal loan rates are rising as the banks attempt to shore up the losses they have made over the last two years, it has been claimed. According to journalist and author Jasmine Birtles, the founder of

The number of calls being made for free debt advice to the Insolvency Helpline has increased, it has been claimed. According to a spokesperson for the service, the number of calls has risen by 30 per cent

Over three million cash ISA savers are to reduce or stop their regular deposits over the next six to 12 months, a new study has warned. According to Investec Private Bank, the low level of the Bank of

Consumers aiming to get out of debt must directly confront the challenge, even when the numbers make painful reading, it has been claimed. Writing for the Daily Mail, Ali Steed and Liz King of My Money

Recent Bank of England figures showing that personal debt has reduced in the UK may give a misleading impression, it has been claimed. According to Eoin Hamill, research and policy officer at Credit Action,

Savers have been reassured that the Bank of England is highly unlikely to follow the example of the Swedish Riksbank and reduce the rate of interest it pays on commercial reserves. According to Geoffrey