Subscribe to Bank Accounts News
Bank Accounts news
- Home contents insurance offer from Barclays announced - 14th May, 2009
Cheap home insurance from Barclays looks set to get even cheaper, following the announcement of a reduction in the bank's prices across the board.
The insurer said that the price of its home contents insurance premiums would be cut in half, meaning that a family living in Chelmsford could get cover themselves for up to £50,000 worth of damage for £5.66 a month... - Basic bank account special offer from Alliance & Leicester - 27th April, 2009
This spring, Alliance & Leicester is attempting to put a spring in the step of UK basic bank account customers by offering them cash to switch their current accounts.
The bank will give people who switch their current account to Alliance & Leicester's Premier Current Account or Premier 50 Current Account before April 28th 2009 £100 as an incentive... - HSBC offers basic bank accounts for early students - 16th April, 2009
Basic bank accounts in the UK for students offer many advantages such as direct debit and standing order facilities. With the launch of its new Early Bird student bank accounts, HSBC has decided to extend some of these privileges to younger customers as well.
The new accounts are available to students from the age of 17 and include facilities such as internet and mobile banking and a cheque book if required... - Basic bank account with LBS 'offers high interest' - 12th March, 2009
Basic bank account customers at Leeds Building Society (LBS) are benefitting from high interest rates, it has emerged.
Leeds Building Society has claimed that some of its basic bank accounts are currently offering highly competitive rates of interest because they have not been cut in line with the Bank of England's base rate reductions... - Alliance & Leicester urges Brits to switch personal bank accounts - 11th March, 2009
Basic bank accounts from different providers cater for different needs, according to Alliance & Leicester, which has urged Brits to consider the possibility of switching banks in order to find the account best suited to them.
According to research published by the bank, 67 per cent of people in the UK have not switched their basic bank account provider since 1999 and 61 per cent of Brits have no intention of doing so in the near future... - Maths, English and children's bank accounts - 3rd March, 2009
A new poll has revealed that parents want their children to be educated about finances in school.
Research from the Co-operative suggests that knowledge equals power when it comes to the financial world - and parents want their offspring to learn about macroeconomics in between their other subjects... - 'Fred the shred' refuses to give up pension - 27th February, 2009
Sir Fred Goodwin, the former chief executive of Royal Bank of Scotland (RBS), is coming under increasing pressure to relinquish some or all of his £650,000-a-year pension settlement.
The banker, whose polices at RBS earned him the nickname Fred the Shred, declined a request from the government to give up the pension he was awarded after he stepped down when his bank was first bailed-out last year... - Lib Dems call for bank nationalisation - 27th February, 2009
The Liberal Democrats have called upon the government to bite the bullet and nationalise various banks rather than simply underwriting their debts.
According to the party's shadow chancellor, Vince Cable, the government's current policy amounts to "nationalising the losses and privatising the profits"... - Royal Bank of Scotland posts largest ever losses - 26th February, 2009
The Royal Bank of Scotland Group (RBS) has revealed that last year it made the largest loss ever posted by a UK company.
Its figures show that it lost some £7.8 billion through trading and £16.8 billion through paying too much for acquisitions, including the disastrous merger with the dutch bank ABN Amro.
The group, which includes NatWest, is already 70 per cent owned by the taxpayer and claims it will need to sell £19.5 billion of new shares to UK taxpayers in order to sure up some of its worst assets.
Derek Simpson, the leader of the trade union Unite, said: "The whole country is paying the price through job cuts and repossessions on a massive scale. It is time to take control and fully nationalise this bank."
He also criticised the "reckless" behaviour of RBS' former management team... - Recession brings on "a new age of thrift" - 23rd February, 2009
A high street bank has claimed that the credit crunch is responsible for "a new age of thrift" after a survey found that Brits are planning to save their way out of recession instead of spending their way out.
Abbey Savings, which conducted the poll, claimed that on average Brits had reduced their living expenses by £3,168 over the course of the last year, enabling them to stash more money in savings accounts...