Only yesterday, in Your Credit Cards Need £1 Billion, I warned that credit-card issuers are looking for ways to make more money from the UK’s 32 million credit card holders. Today, current accounts are under the cosh, as telephone and internet bank First Direct announces that it is to introduce monthly fees from 1 February 2007 for some of its current-account customers.
Author: Rob Lewis
This Is Money: Sainsbury’s Gets Organic Health Kick
Booming sales of healthier, organic, British-sourced and seasonal food have helped Sainsbury’s more than double its profits
This Is Money: Scottish & Southern To Supply Water
Scottish & Southern Energy today launched plans to provide water, as it announced a profits jump and ruled itself out of the battle for Scottish Power
This Is Money: 30 Second Guide To Regional Tax Breaks
The Daily Mail’s city team take you through the tax reliefs that have fuelled growth in the Celtic Tiger
Motley Fool: HYP1 Is 6: It Gets Better
On 13 November my firstborn High Yield Portfolio (HYP) had its sixth anniversary. I wrote this time last year that it was the End of the Beginning. We now enter the Beginning of the Midterm.
This Is Money: The Tycoons Of Tomorrow
Despite endless complaints from business about red tape and surging taxes it seems creativity and social conscience are alive and well among the next generation of entrepreneurs
MoneyExpert: CML: Remortgaging At Five-year Low
Remortgaging in Britain is at a five-year low, according to new figures released by the Council of Mortgage Lenders (CML).
MoneyExpert: Savings Scheme Extensions Welcomed
The Association of British Credit Unions Limited (ABCUL) has welcomed a report from the Institute of Public Policy Research (ippr) that recommends the extension of national savings schemes.
This Is Money: Roads Paved With Gold For Insurers
Higher car insurance charges have helped push up industry profits from customers by more than half in a year
This Is Money: Sainsbury’s Gets Health Kick
Fast-recovering supermarket giant Sainsbury’s today said its first-half profits soared 60% as it pushed through huge cost savings