Articles in the Banks Category

The Sub-Prime Mess Comically Explained

May 7th, 2008

If you’re wondering how we ended up with the credit crunch, following the problems with sub-prime mortgage lending in the US, then this funny set of slides might help you understand. Beware, there is some adult language, but it’s worth going through the full 40-odd images for a …

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Bank Charge Case: MoneySavingExpert’s View

April 24th, 2008

MoneySavingExpert Martin Lewis has just updated his site with his latest views on the bank charge situation, and despite refund claims still being on hold until 22nd May at the earliest, he believes the time is now right to put in your claim if you haven’t already done so. …

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Banks Lose Charges Court Case

April 24th, 2008

If you’ve seen today’s new you’ll likely already know that the 7 banks and 1 building society who were taken to court by the Office of Fair Trading (OFT) have lost their case.

In the long-running saga, this ruling by the courts is really only the …

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Bank Charge Court Case Result: Thursday 24th April

April 22nd, 2008

It looks as if the long-awaited result to the bank charge court case will be annouced this Thursday, 24th April.

If you recall, last year the Office of Fair Trading (OFT) started a court case against 7 different banks and building societies, to decide whether it can claim that their charges …

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New British Coins Revealed: What Do You Think?

April 2nd, 2008

Been a bit quiet on the old blogging front here at Money Watch for the last couple of weeks, so here’s a little subject to get us back in the groove.

Following a design competition started back in 2005, The Royal Mint has today released the …

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Is Chip & PIN Safe?

February 28th, 2008

Chip & PIN has been around for a while, but it’s only been in the last couple of years that it has become the standard way for using a debit or credit card in shops or restaurants etc.

When the changeover from using signatures to PIN numbers …

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Breaking News: Northern Rock Nationalised

February 17th, 2008

Just when it seemed things couldn’t get worse for Northern Rock, the government will tomorrow announce that it is to take control of the bank and nationalise it.

Despite looking for outside bidders, including Richard Branson’s Virgin group, to take on the debts of the Rock, …

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Find Forgotten Money

January 30th, 2008

Nope, this won’t help you recover that lost loose change from down the back of the sofa, but new website Mylostaccount has been launched to help you recover money from lost or dormant acounts with banks, building societies and National Savings & Investments.

The free service has been put together …

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Bank Charge Court Case Delayed

January 15th, 2008

There’s been a false start in the bank charges court case that was supposed to start on Monday.

Apparently the judge’s commitments have meant that it is unable to start on time, although it is hoped that it will begin at some point this week.

When there is anything interesting …

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Are We About To See The End Of Free Banking?

January 13th, 2008

This week could see the start of another bad period for the banks, thanks to a new test case starting tomorrow (14th Jan).

The High Court is to start ruling on a case the Office of Fair Trading (OFT) is bringing against 7 top banks and the Nationwide building society. The …

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