The National Consumer Council (NCC) has said that financial exclusion can be combated if those with low-incomes are encouraged to open bank accounts.
Tag: Banks
This Is Money: Rate Rise Talk Failed To Deter Borrowers
The autumn property market remained in good strength despite widespread predictions of Novembers bank rate rise
This Is Money: Nasty Sense Of Betrayal By A Grasping Bank
First Direct chief executive Chris Pilling has been frantically trying to downplay the reaction to his decision to impose monthly banking fees – For all his smooth words, it’s a battle he is losing
This Is Money: Poor Seen As ‘2nd Class Citizens’
Banks need to stop treating basic account applicants like 'second class citizens', an influential group of MPs said today.
This Is Money: Foxtons Shapes Up For £300m Flotation
Controversial estate agency Foxtons has hired investment bank Credit Suisse to seek a stock market listing, valuing it at more than £300 million
Scotsman: Time For Banks To Show Us Proof Of Need For Charges
DIDN’T First Direct give us all a nasty fright last week when it announced the end of free banking? I was so shaken I couldn’t stop laughing.
MoneyExpert: Clampdown On IVAs ‘could Encourage Debtors To Consider Loans’
Creditors involved in individual voluntary arrangements (IVAs) are increasingly cracking down on the amount of money set aside for emergencies, it has been claimed, which could encourage some people to take out additional loans from other sources.
This Is Money: Banker Loses £9m Bonus Case
A senior banker today lost one of the largest pay disputes seen in the City after the Court of Appeal rejected his claim that a £9m bonus row should go to trial
MoneyExpert: Charge Introduced For First Direct Current Accounts
It has been announced that first direct is to charge customers who hold a current account or cheque account with the bank.
Motley Fool: Warning Signs For Homeowners!
Every month, figures from the Bank of England show that the UK’s mortgage debt continues to soar. Here’s how it’s exploded over the past decade: