ROYAL Bank of Scotland is launching a limited-edition Christmas savings bond with an interest rate of 5.3%.
Category: Banks
MoneyExpert: Alliance & Leicester Predicts Changes To Home-buying Process
The demand for housing will increase over the next 20 years, according to Alliance & Leicester, which will in turn raise the uptake of homeowner loans in the UK.
Scotsman: ‘Tis The Season To Be Properly Covered For Storm Damage
THIS week’s storms across Scotland and the rest of the UK have caused chaos for homeowners, leaving many with damaged property from Bridge of Earn to Milnarthort, as rivers burst their banks.
This Is Money: Banks Squeeze Borrowers
Banks are increasing their profits at the expense of consumers by raising interest rates on mortgages but not doing the same for savers
This Is Money: HBOS Predicts More Record Profits
HBOS, Britain’s largest mortgage lender, became the second of the High Street banks to tell investors that 2007 will be another record year
MoneyExpert: MP Praises Credit Card ID Protection Idea
A consumer who has initiated a method of identity security when applying for credit has been praised by MP Robert Goodwill, who said the idea was “brilliant”.
This Is Money: The Disappearing £5 Note
The £5 note is becoming an endangered species. An unannounced decision by banks over the past two years not to offer them in cash machines has resulted in a shrinking supply.
This Is Money: Bank Staff To Get £320,000 Bonus Each
Staff at investment bank Goldman Sachs are expected to receive Christmas bonuses averaging £320,000 each
This Is Money: Cash Machines Boost For Poor
Hundreds of non-charging cash machines will be provided in low-income areas across the UK following a ground-breaking deal
MoneyExpert: Abbey: People Could Do More To Improve Finances
Some 57 per cent of Britons have had their current account for ten or more years, which could mean they are missing out on the possibility of more competitive rates.