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News in Banking
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Women 'more focused on saving'
New research from Legal & General has claimed that women are now more willing to save. More »
Banking - Wed 8 Sep 2010
UK 'too apathetic about income tax'
UK residents appear to have "widespread ignorance and apathy" when it comes to income tax, HSBC has suggested. More »
Banking - Wed 8 Sep 2010
UK deficit 'will not be solved soon'
The UK's deficit is unlikely to be brought under control within the next few years, an expert has predicted. More »
Banking - Wed 8 Sep 2010
UK 'needs to control its debts'
Borrowers in the UK need to get in control of their debt for the sake of the country's economy, it has been suggested. More »
Banking - Tue 7 Sep 2010
Bank 'could hold base rate until end of 2010'
The Bank of England is likely to maintain the base interest rate at its current level for some time to come, it has been claimed. More »
Banking - Tue 7 Sep 2010
Regular Isa saving 'builds up a lot of cash'
People can establish significant savings if they make full use of the tax-free Isa allowance, an expert has pointed out. More »
Banking - Mon 6 Sep 2010
ATMs 'not accessible to 4m people'
New figures have revealed that four million people in the UK are prevented from accessing the country's cash machine network. More »
Banking - Fri 3 Sep 2010
Brits 'do not tell lenders about financial problems'
The majority of people in financial difficulty fail to inform lenders about their problems, it has been found. More »
Banking - Thu 2 Sep 2010
Expats 'face fewer financial worries'
British expats are finding that living overseas allows them to avoid the financial worries plaguing the UK, it has been suggested. More »
Banking - Tue 31 Aug 2010
Introductory rates 'are more appealing'
A sector expert has explained how some of the best rates for bank customers are introductory ones. More »
Banking - Fri 27 Aug 2010
Investors 'should only hold gold in small quantities'
Investors should only place a small amount of their portfolio in gold, according to one sector expert. More »
Banking - Thu 26 Aug 2010
Brits 'stick with bank accounts longer than partners'
The average British saver stays with their bank longer than they are in a relationship with a partner, it has been claimed.
Research published by Santander Current Accounts suggested that Brits tend to stay with the same bank for 16.5 years, while their longest relationship lasts 14.1 years on average.
The poll also discovered that savers in the south-east are the most loyal to their current account, holding the same one for 17.7 years, while people in Wales are the most likely to change, remaining with their account for 15.3 years.
In addition, the survey revealed that 18 per cent of savers have stuck with their current account for more than 30 years.
Helen Bierton, head of Santander Current Accounts, commented: "When it comes to current accounts, people often stay with the same provider, even though it might not be the most competitive, because the prospect of switching to a new current account can be daunting."
Recent research from Gocompare.com found only 10.1 per cent of savers have looked for a better bank account in the last 12 months.
More »
Banking - Mon 23 Aug 2010
Brits 'need to look for best financial deals'
New research has shown that 12.8 million Brits have not switched any of their financial products in the past year, despite feeling the pinch of the adverse economic climate. More »
Banking - Thu 19 Aug 2010
Isa savers 'missing out on £362 million in interest'
Brits could lose out on more than £360 million this year by failing to use their full Isa allowance, it has been claimed. More »
Banking - Wed 18 Aug 2010
Diversified portfolios 'important for investment'
Savers who are looking to invest their money because of low interest rates should attempt to build a diversified portfolio, according to an expert. More »
Banking - Fri 13 Aug 2010
HMRC warns of new tax rebate scam
The UK's savers have been warned of a scam in which thieves are calling victims pretending to be taxmen. More »
Banking - Fri 13 Aug 2010
Investors 'moving away from cash'
The majority of savers are looking for investments other than cash while the Bank of England's base rate sits at 0.5 per cent, it has been found. More »
Banking - Wed 11 Aug 2010
Public sector workers 'should think about saving'
People should be motivated to save more by the looming cuts in public sector spending, according to an expert. More »
Banking - Tue 10 Aug 2010
CTF contributions continue to increase
Parents are continuing to invest in child trust funds (CTFs) despite government plans to scrap the products, it has been revealed. More »
Banking - Tue 10 Aug 2010
