Read about the controversial changes to overdraft charges on Halifax’s Reward current accounts, due to come into effect this December.
Tag: banking
Banks To Make Current Account Charges Clearer
Here’s some good news from the banking industry: the Office of Fair (OFT) trading is to force banks and building societies to make their charging on current accounts clearer, as well as making switching between providers easier.
How Many Complaints Have Been Made Against Your Bank?
Today sees the publication of the Financial Ombudsmen Services (FOS) list of complaints against financial institutions, aiming to name and shame those companies who look after our money who are seen to be treating their clients most poorly. How does your bank compare?
RBS Natwest Slash Overdraft Fees
So some good banking news came out today, with the announcement that RBS-Natwest, the majority tax-payer owned group, is to reduce its overdraft fees.
How Much Interest Does Your Current Account Pay?
Recent research by MoneyFacts has found that nearly half (49%) of current accounts pay absolutely no interest whatsoever.
West Brom Saved After Some Sort Of “Deal”
The West Brom Building Society was in danger of becoming the latest government-owned failure following its recent £50 million loss. But at the last minute the society managed to come to some sort of deal with its debt-holders which will mean it can carry on regardless – there should be no changes for customers or staff.
West Bromwich Building Society “To Be Rescued”
There were some rumblings about the stability of West Bromwich Building Society a few weeks ago, and despite a period of no news, it looks like they may well be in trouble, with the BBC’s Robert Peston suggesting they are to be bailed out in the very near future.
All C&G Branches To Shut
Just a few days after Spanish bank Santander announced they were scrapping the Abbey, Bradford & Bingley and Alliance & Leicester brands, and thus probably ridding our high street of those old banks, today we learn that Lloyds is to kill off Cheltenham & Gloucester as a high street brand too.
West Brom Building Society In Trouble?
On the day when West Bromwich Albion were relegated from the Premier League, there’s some more bad news for the Midlands town with the rumour that West Bromwich Building Society may be in trouble – although these rumour have been denied by the company.
What The Nationwide Takeover Means To Dunfirmline BS Customers
Following yesterday’s news that the Dunfirmline Building Society is going bust, we’ve since found out that Nationwide is to takeover the more “stable” areas of the business, whilst yet again us tax payers will bear the risk of the dodgy toxic mortgages Dunfirmline polluted its otherwise decent business with.
How will this affect Dunfirmline customers?