As the Bank of England meets this week to discuss borrowing costs, the strength of the pound has lengthened the odds on another rise in interest rates
Category: Banks
Scotsman: Payday For Pension Victims
BRITAIN’S pensions safety net this weekend began paying its first pensions to members of three bankrupt final salary schemes who feared they had lost all their retirement savings when their scheme collapsed.
Scotsman: The Millions Of Scots Who Do Christmas Shopping With Their Heads In The Sand
ALMOST 2.4 million Scots will go Christmas shopping financially blind this year, unaware of how much money they actually have in their bank account to splash out on presents – risking a painful financial hangover come the new year, warns Clydesdale Bank.
MoneyExpert: Consumers Protest Over Credit Card Charges
A protest is set to take place outside the Office of Fair Trading’s (OFT’s) headquarters this Friday.
This Is Money: Bank Governor: Families Face Debt Crisis
Rising debts are causing ‘serious’ problems for the families involved but not yet weighing on economic growth, according to the Bank of England governor10 steps to get out of debt
MoneyExpert: Online Banking ‘enters New Era’
Those looking for the best current account to suit their financial circumstances could benefit from the launch of a new online bill-paying service from Lloyds TSB.
MoneyExpert: Sainsbury’s: Compare Loans For Best Rate
Consumers considering a personal loan are being advised to shop around for the best rate when using the money for purposes such as cosmetic surgery.
MoneyExpert: Barclaycard: Debts Of £1.5bn To Be Written Off
Credit card provider Barclaycard said it expects to have to write off around £1.5 billion of debt defaulted by customers this year.
This Is Money: Bank Must Do Its Homework
The Bank of England may be preoccupied with wage inflation, but it can’t ignore the persistent strength of the housing market
This Is Money: First Drive-through Bank On The Way
Britains first drive-through bank could be open within six months, it emerged yesterday