Today saw the start of the Natwest bank charge court case involving lawyer Tom Brennan, who is representing himself in the attempt to get permission to sue the bank over its charges.
Month: April 2007
Prepare For Another Interest Rate Rise
As inflation is currently running above the government’s target, it’s more than likely that rates will go up again next month, probably by 0.25%, although there is an outside chance they will rise by 0.5%.
Cutting Out The Loan Middleman: Zopa
Simple Pound has a good write-up on how Zopa works which is worth a read.
We Don’t Trust Our Banks
A recent survey by Fool.co.uk highlighted how we do not trust our banks with our money.
How Much Tax Will I Pay?
An Excel sheet to help you work out how much Income Tax and National Insurance you pay.
NatWest Repays £35,000 Bank Charge Claim
Bank have repaid over £34,000 in charges to a Norfolk business after an unnamed businessman chose to question the charges it had imposed.
Landmark Bank Charge Court Case Postponed
A landmark court case brought against Natwest because of their charges has been postponed so that a full day can be set aside to hear the arguments.
Cooling Off Period Applies To Renewals
A post at UKMoneyPot states that the 14 day cooling off period you receive when buying many types of financial product, such as loans, insurance and credit cards, also applies when your policies “auto-renew”. For example, as with many insurers, if your car insurance renews automatically each year, you still have 14 days from the […]
How Much Is In Your Emergency Fund?
There’s a school of thought which suggests that you should have a minimum of 3-6 months worth of your salary saved up for emergencies, but how many of us can say that we have such savings to dip into in times of crisis? Emergencies can, of course, come in many different guises – from your […]
NatWest Taken To Court Over Bank Charges
The bank charge bandwagon continues to roll on, with a bank finally looking like it will be taken to court over its charges. A London Barrister, Tom Brennan, is contesting the £2,500 worth of charges he racked up with NatWest whilst he was a student, and is hoping to be the first person to bring […]