Financial News Articles | Archive - October 2006

Theft warning for students by Zurich Insurance - Published:31/10/06

With thousands of students heading off to institution of higher education this month, Zurich Insurance is reminding them of the require to protect themselves against theftStudies by Zurich Insurance show that many of today's novel students will be u...

Barclays and Woolwich launch fee-free mortgage range - Published:31/10/06

Barclays and Woolwich have launched a new variety of fixed speed mortgages with no arrangement feesThis includes a two-year fixed rate mortgage with an interest rate of 489 per cent till 31st January 2008There is also a five-year set rate mortgage w...

Tesco involved in card fraud row - Published:31/10/06

personality service tills at Tesco supermarkets could be leaving customers out of pouch, according to Which, the independent consumer charity watchdogDue to the self overhaul tills at Tesco not requiring customers to contribution their pin details o...

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EXCLUSIVE: PRU'S JOBS FEAR - Published:31/10/06

Your Money has learned about 500 labour have been called to meetings in interpretation and Stirling this afternoonWhen Your Money revealed rumours of the campaigning to Amicus national officer Dave Fleming he voiced concern that it could be the begi...

Read More: Exclusive: Pru's Jobs Fear >>

Post Office offers 4.75% instant access savings - Published:31/10/06

The Post Office has launched an instant right of entry saving account paying 475 per cent, with a guarantee of staying within one percentage point of the bottom rate of interestThe Instant Saver also offers six gratis withdrawals a year, via branche...

Norwich Union Make Sense of It website launched - Published:31/10/06

The Norwich Union Make Sense of It website has been launched in a bid to create better public awareness of investments that are on the marketThe website offers pace by step advice to customers thoughts of investing and underlines the benefits attach...

Bank charges hit annual £4.7bn says Which? - Published:31/10/06

Banks typically charge between £25 and £30 for illegal overdrafts, with Which labelling the Royal have an account of Scotland, Natwest and HBOS as the most horrible offendersThe three all levy charges of £118 from accounts going £50 over £250 author...

New Nationwide HomeBuy mortgage introduced - Published:31/10/06

The Nationwide building society has launched its open marketplace HomeBuy mortgage, underlining its support for the government systemHomeBuy is a government initiative that aims to give unparalleled buyers, key workers and communal tenants a helping...

EU orders credit card firms to cut "outrageous" fees - Published:31/10/06

The EU competition official Neelie Kroes has issued an ultimatum to credit card providers to slash their "outrageous" fees or face legal actionMs Kroes under attack her comments at credit card issuing companies travel permit and MasterCard as well a...

interest rates set for yet another freeze - Published:31/10/06

The have an account of England's Monetary Policy Committee (MPC) looks set to hold interest rates once more at 45 per cent when it meets tomorrowUnchanged since August last day, the rates look unlikely to change at any time in the near future – and ...

New non-conforming mortgage launched - Published:31/10/06

The mortgage, which will be funded by Britannia's structure Society's intermediary lender Platform, will be obtainable to borrowers in the almost prime, minor and light adverse sectorsalso, the two-year mortgage offers a 02 per cent rate reduction o...

Three million left exposed to fraud in HSBC security lapse - Published:31/10/06

More than three million online banking customers at HSBC have been left bare to online fraud for at least two years, security experts at Cardiff institution of higher education have foundAnyone who exploited the flaw could have gained access to an e...

Small businesses at risk says Bank of Scotland - Published:31/10/06

little businesses in the UK are facing potentially disastrous consequences due to not implementing unforeseen event procedures in the event of an emergency, says have an account of ScotlandNew research shows that 50 per cent of the UK's little busin...

Current account switch nets ten per cent interest on savings - Published:31/10/06

Alliance & Leicester is initiation a savings account with an interest rate of ten per cent for a limited occasion onlyThe proffer is only available from 31st October 2005 till 30 November 2005 to those switching their present account from another pr...

parents spending big on children's' goods - Published:31/10/06

Parents are spending more than £20 billion each day on bedroom gadgets for their kids, a state of affairs which could be adding to financial difficultiesA survey approved out by Direct Line house Insurance has shown that the average value of content...

Debt become way of life claims cahoot - Published:31/10/06

money owing has become a way of life in the UK claims a novel cahoot report, warning that 59 per cent of persons spend more than they earnEight per cent spend more than their income every month, while 51 per cent do so occasionally, using proprietor...

Banks buckle under penalty fee demands - Published:31/10/06

Some of the UK's main credit card providers have said that they will not challenge an place of work of Fair Trading (OFT) order that they must slash their punishment chargesBarclays, HSBC and Lloyds TSB all supposed that they will comply with OFT re...

Barclaycard offers 0% credit cards - Published:31/10/06

praise CARDS LOW RATE praise CARDSSTUDENT praise CARDS0% APR praise CARDSCREDIT CARDS ONLINEBALANCE TRANSFERSThe novel balance transfer cards are set to become obtainable on October 9th, which the company states will save many borrowers money who ar...

Life begins at 40, but you pay at 34 - Published:31/10/06

Life may start at 40, but the average Briton starts paying for it at 34, market research for Axa Wealth organization has revealedThe age is the typical point at which three major existence commitments – children, mortgages and a car – strike hardest...

Alliance & Leicester offers online saver bonus - Published:31/10/06

Alliance & Leicester is offering a 09 per cent bonus to its Online Saver Issue 2 savings explanation, which is payable until 30th June 2006The gratuity will bring the interest rate on the economy account to 515 per cent per annum gross, which is 470...

aa unveils caravan cover - Published:31/10/06

Motoring collection AA has announced the launch of new Caravan cover that will enable Britain's growing army of caravan enthusiasts to methodically cover their on-road accommodationWith caravanning becoming more and more well-liked with Britons and ...

Get internet interest with branch-based convenience says Sainsbury's - Published:31/10/06

Sainsbury's has claimed that savers do not have to exchange the practicalities of a bough based savings account against high online interest rates with its immediate Access SaverThe branch-based account offers a four per cent interest rate as well a...

Annuities explained - Published:31/10/06

As part of its understanding pensions series, the BBC information website provides an foreword to annuitiesIf you have a money purchase retirement fund scheme, you can use the cash you have saved to buy an annuityThis effectively "unlocks" the cash ...

Our £32,000 mortgage shock - Published:31/10/06

Supertanker pilot Chris Bordas and his wife, Helen, faced £32,000 of unexpected mortgage debt because of a blunder by countrywide structure SocietyThe problem arose due to quirks in the UK's biggest building civilization's computer system, which Nat...

Read More: Our £32,000 Mortgage Shock >>

Cash machine fraud soars says Sainsbury's - Published:31/10/06

Fraud at money machines increased by 260 per cent between 2000 and 2005 novel research by Sainsbury's bank has revealedCash machine fraud continues to climb, supposed Sainbury's, with £214 million illegally obtained at ATMs during the first three mo...

Direct Line relaunches fixed mortgage range - Published:31/10/06

Direct Line has launched a novel range of fixed rate mortgage deals, packaged with free home emergency cover and inexpensive home insurance for two yearsThe company's most popular proffer, the two day fix, has been re-launched priced at 449 per cent...

brits can't keep rein on summer spending - Published:31/10/06

Brits are not in manage of their summer spending, according to figures from Chiltern Debt Management which will give consumers much cause for concernMore than one in three UK people is live with fire when taking a break from work, the firm said, wit...

Fix up look sharp - Published:31/10/06

Brittania Building Society is launching two new market-leading fixed speed mortgages for two and three year periods this weekThe homeowner loan deals will be available at a fixed speed of 449 per cent over a three day term and just 434 per cent over...

Lloyds creates Islamic banking option - Published:31/10/06

The Islamic explanation is designed to be fully compliant with Shariah law, which states that customers cannot disburse or receive interest on their moneySpecifically shaped for students, the account has an interest-free overdraft of £1,500 for thre...

THEFT CAN BE A HARSH LESSON FOR NEW STUDENTS - Published:30/10/06

THOUSANDS of students now starting at university face a high danger of being burgled in their student roomsThey make a great target for thieves as they fill their lodgings with more than £3,000 worth of readily resaleable gizmos including TVs, DVD g...

New Woolwich Offset mortgage rates introduced - Published:30/10/06

Woolwich has altered its offset mortgage interest rates so that they stay above the Barclay's base rate for the existence of the manufactured goodsA 039 per cent increase on the base rate will be offered for existence on the long term tracker mortga...

Tesco: So Good It Worries Me - Published:30/10/06

It's firm to find any bad news in this morning's temporary results from Tesco (LSE: TSCO), and I looked pretty hard "Political uncertainty" in Thailand is the only small downer, and I don't regard that as a significant reason for concern Consider th...

Read More: Tesco: So Good It Worries Me >>

Insurance papers vital for holidaying drivers - Published:30/10/06

The majority of British drivers don't take significant documents such as car cover papers and driving licences with them on their foreign holidaysThis is in spite of the fact it is illegal to force abroad without essential insurance paperworkAccordi...

The postman cometh - Published:30/10/06

Identity fraud greater than before 17 per cent over the first quarter of 2006, with fraudsters increasingly turning to position as a vulnerable point for vital informationThey are helped in this by the fifth of people who do not trouble informing ot...

Post Office Credit Card: Holiday prep costing 4.1bn - Published:30/10/06

Holidaymakers are usual to spend around £120 each on preparations for their summer trip according to new research from position Office Credit CardThe survey of persons heading off on their holidays exposed that some six million Brits are planning to...

insurance costs 'rising' - Published:30/10/06

The rising price of insurance claims may entail insurers raising the cost of cover premiumsThe Association of British Insurers (ABI's) comments follows the decision by Norwich Union to increase its railway wagon insurance premiums by an average of 1...

Abbey extends six per cent current account deal - Published:30/10/06

Abbey has decided to make bigger its market-leading six per cent current account and savings account proffer for a second timeThe deal, as well as being the best current explanation rate offer in the UK, comes with a four-month nothing per cent over...

Nationwide offers new credit card deal - Published:30/10/06

Nationwide is the first credit card provider to break with the zero per cent interest speed trend on credit card equilibrium and transfersThe building society is offering customers who open a classic or gold credit card account a 49 per cent interes...

brits not splurging on meals out - Published:30/10/06

The drain on savings financial records precipitated by the high cost of eating out is causing Brits to wine and eat dinner at home, according to info from MintIt seems that three in five of us now regularly entertain friends in a more home setting –...

Read More: Brits Not Splurging On Meals Out >>

Load 'em up and take hold of the readies - Published:30/10/06

All era are London time Search News in the FTcom siteSearchSearch Quotes in the FTcom siteQuotesYOUR MONEY Your bankingBreadcrumb follow direction-finding:FT Home > Your money > Your bankingEDITOR’S CHOICEStretched customers rack up banks’ incomeWel...

Lloyds adds to big banks debt damage - Published:30/10/06

Lloyds TSB has become the second major far above the ground street bank to report that its yearly figures have taken a big bang from bad debtThe company has had to write off almost £1 billion of bad amount overdue across its range of mortgages, cred...

Club together to buy a home - Published:30/10/06

With possessions prices growing by 11% in the past year and the standard asking price for a home standing at £218,954, first-time buyers are aggressive more than everClubbing together to buy property with friends is an increasingly well-liked way ro...

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Savers feel the pain as banks impose cuts - Published:30/10/06

More savers are falling victim to mean attitudes, with 13 banks and structure societies cutting their interest rates on an astonishing 40 different financial records since DecemberThe cuts have continued despite the Bank of England base rate of inte...

Egg introduces new personal account - Published:30/10/06

A novel hybrid "personal" account has come onto the market from Egg, and the company hopes it will change the way people think about moneyThe online have an account's new offering is basically a current account with some of the kind of a investments...

Direct Line Home Insurance - Pester power costs parents billions - Published:30/10/06

wwwmoneynewscouk > Insurance > Direct Line Home Insurance - Pester power expenses parents billionsResearch undertaken by Direct Line home insurance house Insurance has revealed that children in the UK have pestered their parents for gadgets to the m...

Innovative online banking security trial launched - Published:30/10/06

Lloyds TSB has launched a trial of a novel online banking security device that could change internet bankingThe trial is the largest one of its kind in the UK and involves 30,000 customers testing an Access cipher Device to log on to internet bankin...

Barclays Bosses Use Rival Banks for Mortgages - Published:30/10/06

Red-faced Barclays officials yesterday confirmed that the bank’s leader executive took out a home loan last day from rival bank HSBCChief decision-making John Varley – who earned £29m from the bank in 2005 – took out a loan on his £15m London house ...

When taking out loans 'do your homework' - Published:30/10/06

Every day approximately 65 million people take out a personal loan, according to leading financial advice site trickcoukIt is absolutely vital for one to carry out the required amount of investigate before embarking onto a loan, the advisor statesBa...

life gets pricey at 34 - Published:30/10/06

A Brit's life is at its most costly at the era of 34, according to findings from Axa Wealth ManeramentHomebuying, car-running and rearing children all tend to meet into one large financial headache at this age, Axa suggests â€“ leading to an extra £...

Nationwide offers cash incentive for loan "switcher" - Published:30/10/06

For the second time this year, countrywide is offering consumers the chance to take advantage of its "switcher" loan profferFrom November 14th until December 31st, Nationwide is offering its most excellent rate of 67 per cent for anyone who switches...

AA report car insurance premiums rise - Published:30/10/06

For the moment quarter running, car insurance premiums have risen, The AA British cover Premium index has discoveredAn average rise of 124 per cent was reported for yearly comprehensive insurance premiums by the directory while third party, fire and...

It Had To Be... - Published:30/10/06

Lloyds TSB (LSE: LLOY) The have an account share that you couldn't exclude from any HYP far above the ground Yield Portfolio) constructed for quite some natural life now An HYP without Lloyds would be like Hamlet without Yorrick At least until anoth...

Private pensions 'plummet' - Published:30/10/06

The last decade has seen a theatrical fall in the worth of payouts from private pensions, a report has claimedPayouts from private policies have approximately halved in the past ten natural life, financial data firm Moneyfacts saidThe main reasons f...

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Balance transfer nation moves £11.9bn in six months - Published:30/10/06

Some £119 billion will be transferred between credit cards over the next six months alone, claims market research from assets OneAlmost six million credit card holders will each move an standard £2,601 between zero per cent and low interest balance ...

UK paying £700m on overdrafts - Published:30/10/06

Rising interest rates on current account overdrafts are assessment people in the UK hundreds of millions of pounds every day, financial analysts have warnedAnalysts speak that the UK could save itself £700 million a year if persons found the best cu...

Read More: Uk Paying £700M On Overdrafts >>

Millions of UK residents at risk without travel insurance, expert states - Published:30/10/06

Around 25 million UK people will put themselves "at risk" by captivating a break without travel insurance, an expert has warnedThese risks are generated by "lack of knowledge", cost and a false intelligence of security surrounding travel insurance, ...

Debt managers 'brought pain' - Published:30/10/06

Like many people who have fallen through the money owing trap door, Paul Ronney consideration he could handle his borrowings"Everything was reasonable until I brreasonablee up with my partner and lost the possibility of overtime at work At that poin...

Read More: Debt Managers 'Brought Pain' >>

Finding long lost savings - Published:30/10/06

National investments & Investments (NS&I) has said that it has clawed back £25 million in lost savings for clientele in the last four natural lifeNS&I said that its tracing service, which is in its fourth year of process, helps bring individuals bac...

Cheque-writing rules tighten up - Published:30/10/06

Rules about how to write cheques are to be tightened from the start of October to assist prevent fraudFrom now on cheque writers must comprise a name or account number as the receiver - rather than just a bank or building societyThe aim is discontin...

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Sterling Discretionary Discounted Gift Trust introduced - Published:28/10/06

wwwmoneynewscouk > General finance > Sterling Discretionary Discounted Gift faith introducedA trust aimed at intermediaries and their customers telling to inheritance tax has been launched by Zurich's asset brand, SterlingThe Sterling Discretionary ...

Best savings account rates slashed, warn analysts - Published:28/10/06

Savers have been warned that best investments account interest rates are tumbling and may continue to do so through the beginning of the yearThe heavily publicised 025 per cent slash by online have an account ING was just the tip off an iceberg spea...

SWAGS TO RICHES - Published:28/10/06

A HUSBAND and spouse who started out selling curtains from a market stall are initiation their business in the City with a £400million price tagBill and Jean Adderely borrowed a pitch in Leicester 27 years ago to "create a bit of cash" selling curta...

UK experiences savings apathy - Published:28/10/06

Saga has commissioned a survey which found that 17 per cent of persons do not have a savings account at all, while the majority of those that do were ignorant of savings ratesThe indifferent attitude to savings was more common in the under-50 age co...

Read More: Uk Experiences Savings Apathy >>

A Decent Start For Standard Life - Published:28/10/06

Shortly before criterion Life (LSE: SL) floated in July, I wrote that the corporation was "priced to go", and, sure enough, the split has moved up nicely from the float cost of 230p to 268p today I think the shares are value holdingAdmittedly, the s...

Read More: A Decent Start For Standard Life >>

Post Office cuts credit charges abroad - Published:28/10/06

Those who use a Post Office credit card can now take it abroad without having to fear exorbitant hidden charges for using it beyond the borders of the UKThe Post place of work has announced that it will not charge any commission for those by its car...

Per-mile cover 'to cut accidents' - Published:28/10/06

A system to charge motorists by the mile for their car insurance has been welcomed by a road safety collectionAA Motoring Trust said Norwich Union's pay-as-you-drive car insurance rule for drivers could decrease accidentsUnder the scheme, an in-car ...

Online gamblers hustled by card providers - Published:28/10/06

Online poker players look set to be fleeced two times over as the Royal Bank of Scotland, which owns cast and Natwest, prepares to increase interest rates for gamblersThe bank says that it has changed the way it defines betting transactions that wil...

Save with your non-taxpaying spouse - Published:28/10/06

Taxdisburseers who don't want to disburse over the odds should consider putting their savings in an explanation belonging to their non-taxpaying spouse, a paper saysThe report, from the Scotsman, says that asking a spouse to unlock a savings account...

Best for balance transfer - Published:28/10/06

The Halifax One card has been rated as the best balance move card around by a credit card surveyThe One card provides users with a 12 month interest free era and zero per cent on all transfers for three monthsRunners up include Mint, with ten months...

OFT slams Visa MIF fee - Published:28/10/06

The place of work of Fair Trading (OFT) has criticised the multilateral interchange fee (MIF) charged by credit card supplier VisaThe fee constitutes an accord between Visa and various banks on the amount of money paid for every Visa certificate tra...

Lloyds TSB Insurance warns of flood of insurance claims - Published:28/10/06

The increasing level of spring tides this October is threatening to make a raft of insurance claims says Lloyds TSB InsuranceThe above average coil tides are expected between October 7th to 10th inclusive and the UK's largest house insurance provide...

Mates Mortgage booming - Published:28/10/06

The affordability crisis in the assets renders many first-time buyers in a hard position Buying a first home, particularly without parental support, can show difficult or impossible This has led to a growing occurrence called ‘mates mortgages ’‘Mate...

Northerners most solid for savings claims Halifax - Published:28/10/06

persons in the north of England are the nations most effectual savers and have the most money stashed in Isas, Halifax investigate has claimedThe average northern saver has £7,892 in an Isa The north is followed by savers in the north west and in No...

Luxuries eating in to savings - Published:28/10/06

Maybe to fight of the winter blues, maybe now as a post Christmas luxury, but for whatever reason Brits are plummeting in to their savings for the little luxuries in life, new research has exposedAccording to a new survey from Birmingham Midshires, ...

Read More: Luxuries Eating In To Savings >>

When taking out loans 'do your homework' - Published:28/10/06

Every year approximately 65 million persons take out a personal loan, according to leading financial recommendation site FoolcoukIt is absolutely vital for one to carry out the required amount of research before embarking onto a loan, the advisor st...

£5,000 cost of fandom - Published:28/10/06

Dedicated football fans would have to give a total £5,000 if they wanted to go after every step of England's progress through the earth Cup, cahoot has estimatedAnyone who has attempted to obtain touted tickets for England sports competition may be ...

OFT to decide next step on credit card penalty fees - Published:28/10/06

The Office of pale Trading (OFT) is set to release its results from negotiations with card lenders over not on time payment penaltiesReuters accounted that the agency will account back on moves it made in April to demand credit card firms to decreas...

Stop spending, says expert - Published:28/10/06

To coincide with Hey Big Spender - a sequence of BBC programmes highlighting debt issues - a customer expert explains the plans used by banks and credit card firms to tempt people into borrowing moneyAs the state recovers from yet another Christmas ...

Read More: Stop Spending, Says Expert >>

John Lewis starts travel service - Published:28/10/06

Department store collection John Lewis has started its own travel brokerage and range of insurance goodsAvailable both online and over the telephone, the new services have been launched under the make name GreenbeeJohn Lewis said the move, marketed ...

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First-time buyers in market for a bargain - Published:28/10/06

Recent research suggests that three out of four unparalleled buyers are shopping for a house under the average house priceat present the average house price is £184,152 Up to 300,000 potential buyers are looking for houses exceeding that cost, and a...

women choose to save for new cars - Published:28/10/06

Women are far more probable to men to save for a car rather than relying on a personal loan to purchase a novel motor, a novel report showsA poll by AA Savings indicates that more than a third (37 per cent) of motorists plan to pay money for their n...

UK saving again - Published:28/10/06

Savings over the first quarter of 2006 were higher than at any point since 2001, figures from the structure Societies organization (BSA) have shownThe three month total was almost exactly double the amount banked in the UK during the same period of ...

'Left with my ex's debts' - Published:28/10/06

BBC information' Ask the Expert column gives readers a chance to get their monetary questions answered by expertsThis week, Meg Van Rooyen of nationwide Debtline, a free telephone service for people with debt problems, helps a person who reads who i...

First time buyers failing to understand finance - Published:28/10/06

unparalleled buyers do not understand all the financial complexities of owning a mortgage claims a novel survey by Ifa PromotionSeventy per cent of all homeowners supposed that they were completely unaware of other products that go with a mortgage, ...

Watch out for first-time catch - Published:28/10/06

First-time buyers could be signing absent thousands of pounds if they do too quickly into a new Government scheme designed to help them onto the property ladderQUIDS IN: The new market Homebuy system will help first-time buyers but they need to read...

Read More: Watch Out For First-Time Catch >>

Q&A: With-profits funds - Published:28/10/06

Millions of UK investors are relying on the presentation of with-profits funds for their lasting financial well being Yet with the savings being hit by a growing barrage of criticism in recent years, here is a basic direct to how the funds workWith-...

Teachers lack confidence in teaching finance - Published:28/10/06

Financial education in minor schools is being held back by teachers' lack of specialist information of the field says a survey by the monetary Services Authority (FSA)While many said that they believed that schools should assist pupils to gain a bas...

Bank dampens 2006 interest cut hopes - Published:28/10/06

The Bank of England has terrified a dampener on hopes of a cut in interest tax in the coming months, hinting that the base speed will stay unchanged at 45 per cent over 2006The Bank's quarterly inflation report has optional that it sees small to enc...

HSBC offers customers mobile banking - Published:28/10/06

HSBC and First Direct have become the first-ever UK banks to offer its customers movable banking, it was announced todayThe overhaul is to be offered through MONILINK, a mobile banking platform put up by the LINK cash machine networkWith the novel s...

Women to fund partners' retirement - Published:27/10/06

When it comes to departure, one in 12 British men are expecting their spouse to provide the income says ZurichA total of 14 per cent of women questioned supposed they supposed their retirement income would come from their husbandIn terms of relying ...

Some issues make buyers pull the plug, study shows - Published:27/10/06

After potential buyers have managed to find a mortgage, some issues with the property could still lead them to call the deal off, according to novel researchBuyers would be concerned enough to drop the deal for a figure of reasons, with 86 per cent ...

THE FUEL MONTY - Published:27/10/06

ASDA has slashed petrol prices to their lowest height for 15 months - and vows there are more cuts to comeFrom today, motorists satisfying up at the supermarket will be emotional 849p per litre for unleaded - a drop of 1pAnd Asda bosses supposed pri...

smile launches new mortgage products - Published:27/10/06

Two new fixed-rate and follower rate mortgages have been added to internet have an account smile's product rangeThe smile two-year fixed-rate mortgage offers clientele an interest rate of 534 per cent while the two-year tracker mortgage is available...

MAKE SURE YOU GET THE CREDIT YOU DESERVE.. - Published:27/10/06

CREDIT certificate providers sting holidaymakers for £535million each year on transactions made abroadThe Post place of work yesterday removed this charge on its certificate, bringing it into line with Nationwide, the other supplier that doesn't cha...

A Fine Start For Standard Life - Published:27/10/06

Shortly before criterion Life (LSE: SL) floated in July, I wrote that the company was "priced to go", and, sure enough, the share has enthused up nicely from the float cost of 230p to 268p today I think the shares are worth holdingAdmittedly, the sh...

Read More: A Fine Start For Standard Life >>

PO two in one best rate ideal for Christmas spending - Published:27/10/06

The Post Office has expanded its popular "two in one" combined credit certificate and best rate homeowner loanThe credit certificate offering allows borrowers to convert their expenditure on the credit card via balance move to a best rate homeowner ...

Bonzer Car Insurance For Sheilas - Published:27/10/06

If there's a television advertising jingle that has driven me mad over the last few months, it's the one for Sheilas' Wheels, the car cover firm targeting women drivers It might seem as if the company has been around for natural life, so ubiquitous ...

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New Natwest mortgage and switching facility - Published:27/10/06

Natwest has today announced the relaunch of its mortgage range The new sequence of products will simplify the lenders deals and add novel facilities for switchingAccording to Natwest, a novel range of reduction mortgage rates will feature rates of 4...

Consumers urged to shop around for savings accounts - Published:27/10/06

Consumers looking to unlock a savings account are being urged to choose cautiously after several large banks cut the rate of interest offered on some of their accounts"The newest rounds of reductions are from some of the main far above the ground st...

Mint launches debit gift card - Published:27/10/06

Mint has launched a new cross debit/gift card, allowing people to put money into an explanation card, personalise it with a communication and have it delivered to someoneThe idea updates older gift voucher schemes, in that it can be second-hand in a...

Read More: Mint Launches Debit Gift Card >>

MasterCard SmartData OnLine milestone reached - Published:27/10/06

One million dealings are now taking place per month by European companies by MasterCard SmartData OnLineBack in 2004, the figure of monthly dealings stood at 109,000 for the MasterCard SmartData OnLine second-hand by a total of 3,000 companiesThe nu...

first account launched for muslim students - Published:27/10/06

High road bank Lloyds TSB has unveiled a new Islamic scholar Account for Britain's growing Muslim populationThe bank claims that the new present account is the first designed specifically for young Muslims and has been created to allow students to h...

Banks most profitable businesses says research - Published:27/10/06

Banks made greater profits per customer than any other main business sector last year, investigate by Group 1 Software has exposedPer-customer profits leapt to £75 in 2005, 13 per cent up on the 2004 figure of £6620, with much of the gains coming fr...

Why Mortgage Affordability Matters - Published:27/10/06

The Council of Mortgage Lenders recently announced that the standard first-time buyer was now borrowing 324 era their income when attainment a mortgage - the highest income multiple level ever recorded But being obtainable just over three times your...

Banking on your mobile - Published:27/10/06

Egg, in partnership with O2, is launching next generation movable internet banking on October 1stO2 will provide i-mode, a overhaul originating from Japan that offers a content-rich, far above the ground speed experience similar to being online, and...

UK motorists not concentrating, car insurance provider claims - Published:27/10/06

Some one in five UK motorists are concentrating less than 75 per cent of the time while behind the wheel, according to new research from a car cover provider Just under one in four drivers admitted to using a movable phone while driving, while 12 mi...

Cahoot knocked off best homeowner loan rating - Published:27/10/06

Online finance-provider Moneyback Bank has struck back against Cahoot's offer for title of best speed homeowner loan provider, cutting its rate from 57 to 55 per cent APRCahoot had held the top spot in the compare loans tables for a slight week befo...

Woolwich offset mortgage highly competitive, company claims - Published:27/10/06

Barclays has claimed that the counterbalance mortgage available from Woolwich is as competitive as many other tracker mortgages The Open Plan product will already join the most spirited long-term tracker mortgages available in the UK, before the off...

Barclays nets Premiership deal - Published:27/10/06

Barclays has rehabilitated its sponsorship deal with the FA Premier League in a contract value £658mThe new deal will take the have an account's sponsorship of the Premiership up to 2010, in a three-year additional room to Barclays' current contract...

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Britons 'spend 97bn on holidays' - Published:27/10/06

Britons are put to spend a total of £973bn on holidays this day, according to a survey by Axa InsuranceThe study looked at all aspects of holiday expenses, such as hotels, car employ and travel insuranceThe cost of booking holidays will sum £45bn, w...

Read More: Britons 'Spend 97Bn On Holidays' >>

Two High Interest Alternatives - Published:27/10/06

in spite of the recent rise in interest rates, the table-topping savings accounts haven't been disorderly around much This isn't good as lack of rivalry means no pressure for banks to provide a better overhaul So, if you're looking for alternatives ...

Read More: Two High Interest Alternatives >>

MoneyExpert warns of packaged account charges - Published:27/10/06

The independent comparison website MoneyExpert has revealed that the standard annual bank accuse on packaged accounts stands at £140 per yearAn average interest rate of 15 per cent was found to be given to clientele with packaged accounts and of the...

Savings accounts changing, expert claims - Published:27/10/06

More providers are attaching terms and circumstances to instant access savings accounts, an expert has claimedThis is bad news for savers, as traditionally many are willing to accept a inferior rate of interest in swap for instant access to savings,...

Equity release booms says Datamonitor - Published:27/10/06

The equity let go market is booming claims research by Datamonitor, and is usual to continue growing at a dramatic rate for at least the next three natural lifeEquity release allows homeowners to capitalise on some of the value of their home without...

Monthly mortgage figures continue to break records - Published:27/10/06

Overall mortgage lending reached £304 billion during July, down six per cent from the all-time evidence of £324 billion in June, says Council of Mortgage Lenders (CML) figuresThe figure is still the highest July consequence ever recorded, however, 1...

Chip and pin deadline announced - Published:27/10/06

The break off and PIN Programme has announced that after 14th February 2006 all cardholders will be required to employ the chip and fasten facility on their new cardsThe only exceptions will be in the case of aged cards without chip and fasten, purc...

Read More: Chip And Pin Deadline Announced >>

Royal & Sun sells US arm - Published:27/10/06

Insurance firm regal & Sun Alliance (RSA) is selling its US operations to a company set up by its US organization team for £158m ($300m)The US division, which has been closed to new commerce since 2003, made a loss of £17m in the six months to JuneT...

Barclaycard launches flexi-rate credit card - Published:27/10/06

Following a successful trial era, Barclays has announced the general let go of its flexi-rate credit card from 24th October 2005University of Warwick carried out research into the ground-breaking credit card format that aims to help people run their...

Savers warned on rate cuts - Published:27/10/06

Falling interest tax on savings accounts make it more important than ever for savers to keep an eye on how much their money is earning themSince the start of 2006, 32 financial service companies have cut the rates owed on their savings accountsAmong...

Read More: Savers Warned On Rate Cuts >>

HSBC named best internet banking option - Published:27/10/06

Global Finance magazine, which surveys the a variety of internet banking options available, awarded HSBC the Best Corporate/Institutional Bank in the UKalso, the bank claimed that Moneyfacts believes it to offer the most extensive variety of online ...

brits sport billions of pounds on streets - Published:26/10/06

Brits saunter the streets every day sporting some £39 billion-worth of personal property, according to findings from Zurich InsuranceWe carry or wear an standard of £851 per person, it was revealed â€“ with clothing, electronic equipment and jewelle...

Mortgages take up more income, study shows - Published:26/10/06

The cost of repaying a mortgage has risen to almost one fifth (19 per cent) of household profits for the first timeRepresenting an average of £546 per household, the novel Barclay's figures do not take into account the have an account of England's b...

Halfords Gets A Boost - Published:26/10/06

The fun obsession about buying shares in retailers is that you can walk in and examine your potential investment Whether this is actually a useful exercise is arguable, as we run the risk of assigning too much meaning to the factors we can see or wi...

Lifetime mortgage hopes to make borrowers smile - Published:26/10/06

The internet have an account smile has launched a new mortgage that tracks the Bank of England (BoE) base speed for the entire period of the loanThe smile Lifetime Tracker Mortgage is provided by The Co-operative Bank and guarantees to path the BoE ...

Increased cover for summer gardeners - Published:26/10/06

Gardeners can now take advantage of a new cover policy that offers increased levels of cover, now in time for the summerWith more people heading outside to enjoy the sunlight in their gardens, Saga insurance has pushed its levels of wrap up to £3,50...

Travel insurance unfair for pensioners, expert claims - Published:26/10/06

UK adults over the age of 65 are the wounded of "discrimination" when it comes to travel cover , stated MoneysupermarketcomSome pricing structures for travel cover will see premiums double for UK people after turning 66, which the company claims is ...

Bargain hunters warned of bargain busting deals - Published:26/10/06

Shoppers out hunting for sales bargains have been warned not to get suckered into a store card contract that could wipe out any investments with a wincingly high APRThe post-Christmas period is the time of day with the largest mark downs on many pro...

Norwich Union re-issues investment fund - Published:26/10/06

[investments] [investment possessions [instant bond] [investment trusts] [offshore investment] [investment advice]Norwich Union has announced that it is issuing a novel tranche of its Guaranteed finance investment optionThe investment fund , which g...

Holiday homes stampede - Published:26/10/06

MORE than a quarter of a million Britons own a overseas property This number has risen by almost 50% in the past six natural life and continues to grow, thanks in part to the many television shows extolling the joys of having a vacation homeThis fig...

UK house prices show strong rise - Published:26/10/06

home prices rose by 1% in September and are increasing at an yearly rate of 8%, according to the Halifax, the UK's main mortgage lenderThis is the second month in a row that house prices have exposed a strong rise, potentially addition to the case f...

Read More: Uk House Prices Show Strong Rise >>

MINT credit card a CoolBrand - Published:26/10/06

CREDIT CARDS LOW speed CREDIT CARDSSTUDENT CREDIT CARDS0% APR CREDIT CARDSCREDIT CARDS ONLINEBALANCE TRANSFERSThe corporation which features distinctive styling and dye scheme on its credit cards, has scooped the prize at the CoolLive eventIn the co...

Read More: Mint Credit Card A Coolbrand >>

MasterCard reveals complex credit card relationships - Published:26/10/06

novel pan-European research conducted by MasterCard has offered an unusual nearby into our complex relationships with seemingly unremarkable credit cardsThe most well-liked single quality that EU citizens wanted their cards to demonstrate was high e...

Lloyds TSB Student Account 'eases financial pressure' - Published:26/10/06

The Lloyds TSB scholar Account could provide students with a small piece of leeway when they embark on their university studiesA review undertaken by Lloyds TSB Student Banking found that 86 per cent of those considering becoming freshers, put the r...

Britons at risk without home insurance - Published:26/10/06

Almost three million UK households are not secluded by a home insurance policy, according to new investigateFurthermore, 55 million households could find that they lose out because they do not have an adequate level of home cover cover, the Abbey le...

HSBC offers customers mobile banking - Published:26/10/06

HSBC and First Direct have become the first-ever UK banks to offer its customers movable banking, it was announced todayThe overhaul is to be offered through MONILINK, a mobile banking stage set up by the LINK cash machine networkWith the new servic...

Charity credit card raises £1.5 million - Published:26/10/06

The Halifax has announced that three charities are to share in a £15 million donation raised through its charity praise card schemeCancer Research UK, Mencap and the nationwide Society for the Prevention of Cruelty to brood are the charities benefit...

Boot sale Brits love a bargain, say Esure home insurance - Published:26/10/06

Research from Esure home insurance has indicated that one in seven objects around British homes is used, and only 14% of people would be embarrassed by telling their associates that an item was used when boughtwalking boot fairs and internet auction...

UK shoppers spend £300 million more than planned - Published:26/10/06

Fuelled by best rate credit and proprietor loans, shoppers in the UK are splashing out £300 million more than they mean to every time they go shopping, says a new reportJust one in ten surveyed manages to wait within their budget A huge 77 per cent ...

First Direct provides first online-only mortgage - Published:26/10/06

First straight has launched its first online-only mortgage, offering a two-year tracker contract currently at 419 per cent, reverting to a long term speed of 60 per centMany financial products have switched to online-only provision, incentivising th...

Cheap Loans Availability On The Increase - Published:26/10/06

The personal loan marketplace in the UK is awash with a overabundance of deals offering unsecured loans at very low rates In fact, the market is so spirited that there are four times as many cheap loan deals obtainable compared with 12 months agoHow...

Barclays launches 10% saver - Published:26/10/06

Barclays has launched one of the best savings account tax in the UK, contribution ten per cent on all payments for a yearThe Barclays Regular Saver will proffer a market-leading rate on spending of between £25 and £250 a month for the first twelve m...

Read More: Barclays Launches 10% Saver >>

Barclaycard plans for hassle free holidays - Published:26/10/06

As the UK begins to diagram towards its summer holidays, Barclaycard has announced a new service that will assist to cover they do not have a nasty surprise while awayFrom this month, Barclaycard says that it will not launch fraud checks on any unex...

WIDOWS WOOED - Published:26/10/06

SCOTTISH Widows is back in the conquest frame - after zombie insurance giant Resolution said it may open a bidThe definite's owner Lloyds TSB has already turned down a joint £8billion move towards from AXA and Swiss ReHome | News | Sport | 3am | TV ...

Alliance & Leicester Directsaver account launched - Published:26/10/06

The market leading Alliance & Leicester Directsaver account has been introduced to the marketplace, offering customers 525 per cent gross (538 per cent AER)The account will give clientele 24-hour access to their explanation by utilising phone and in...

motorists could save millions on breakdown cover - Published:26/10/06

Britain's drivers could put aside millions on breakdown cover by adding it to their alive motor insurance, according to new figuresInsurer Liverpool Victoria claims motorists could put aside £250 million by extending their existing car insurance to ...

brits splashing out on surgery - Published:26/10/06

Brits' savings accounts are being emptied more by plastic hospital than by spending on mealtime, according to surprising results from MintelNext year we're likely to case out some £650 million on beauty procedures – which is £50 million more than we...

Read More: Brits Splashing Out On Surgery >>

Put your feet up in a place in the sun - Published:26/10/06

All occasions are London occasion Search News in the FTcom siteSearchSearch Quotes in the FTcom siteQuotesYOUR MONEY Your taxBreadcrumb follow navigation:FT house > Your money > Your taxEDITOR’S CHOICEGrowing numbers of Britons are shy abroadTake a ...

Borrowers require 'flexibility' - Published:26/10/06

More borrowers are expecting their mortgage deals to approach with supple benefits, according to a new survey by UCB Home LoansA full 69 per cent of intermediaries reported that their clients are asking for features that can be distorted on their tr...

Read More: Borrowers Require 'Flexibility' >>

Birmingham Midshires closures means home loan applications go online - Published:26/10/06

The end of 48 of Birmingham Midshire Building Society’s 67 branches means that house loan applications are now dealt with online or over the phoneAs many as 80,000 usual users of the branches will be affected, but customers will be able to use Halif...

Leeds offers new mortgage option - Published:26/10/06

The package may suit borrowers who desire to find a mortgage with the security that it cannot be affected by movements in the Bank of England base speed for the wordFeaturing a rate of 499 per cent, which Leeds believes in "market most important", t...

Read More: Leeds Offers New Mortgage Option >>

Golden rules of debt - Published:26/10/06

persons who are in debt are already under considerable pressure, but they can exacerbate their trouble by falling into traps while annoying to deal with their debt problemAn adviser from a leading indepedent free money owing helpline gives her golde...

Slow retailers pose technology delay - Published:26/10/06

Retailers who are sluggish to take up new technology are endangering UK credit card clientele' security, a new survey has warnedThe Logic collection and the Retail Bulletin say in a combined report that new payment card industry (PCI) data security ...

'Fighting on' entries 4-5 - Published:26/10/06

BBC News website person who reads, Sayara Beg, 36, a freelance IT expert from East London, emailed to tell her story of dealing with debtMy debts are not a result of leaving on spending sprees and exotic holidays in its place, I and my husband have ...

Anti-social behaviour increases need for insurance, suggests survey - Published:25/10/06

With more than 50 per cent of small commerce owners in the UK saying they have been victims of disruptive behaviour, the need for adequate business cover is even greater, suggests new researchAccording to the commerce insurance company Zurich, 54 pe...

Navigating the mortgage maze - Published:25/10/06

The fight for Britain's homeloans has stepped up a gear, but while borrowers have never had so much choice the homeloans market has never been more complicatedIn a bid to keep up with the competition for eye-catching interest rates, more often banks...

Read More: Navigating The Mortgage Maze >>

Tesco posts 1.1bn half-year profit - Published:25/10/06

Supermarket giant Tesco has seen its half-year profits go up 103% to £109bn, helped by international salesThe group saw its in general sales go up 127% in the six months to 26 August, with profits at its overseas businesses increasing 211%Meanwhile ...

Barclaycard launches text service - Published:25/10/06

Barclaycard has launched a novel text-based service that will remind cardholders to pay their bills five operational days before payment is due"We want to create our products easier to understand and these are simple things that will assist customer...

Saga MultiScan offers 'health MOT' - Published:25/10/06

The Saga MultiScan physical condition screening scheme has been introduced which is essentially a "physical condition MOT" for customers aged over 50Saga has launched the service in a offer to address a sequence of medical conditions that commonly a...

Britons losing all perspective says risk survey - Published:25/10/06

Britons are in danger of behind their perspective claims the Prudential's National Risk Report, worrying about belongings outside their control rather than matters shut to homeThe average UK citizen is more concerned about bird influenza, terrorists...

brits spend 4.1 billion before jetting off - Published:25/10/06

Holidays have an impact on the amount of money in our savings accounts which goes far beyond the cost of jetting off over the horizon, according to investigate from the position OfficeIt suggests that £41 billion is shelled out by Brits before they ...

Norwich Union Fleetwise Care is launched - Published:25/10/06

A new single wrap up insurance product has been introduced by Norwich Union designed to proffer fleet managers greater risk management opportunitiesThe Norwich amalgamation Fleetwise Care product will provide fleet managers with the ability to get g...

NatWest pigs born again - Published:25/10/06

More than ten years after they were withdrawn, NatWest has relaunched its iconic variety of NatWest piggy banksSavers of a sure age will have fond memories of the NatWest piggy bank relations which the bank used to encourage saving, offering a new f...

House price predictions for 2006 - Published:25/10/06

In 2005 the housing marketplace returned to a semblance of normality after five years of nearly unparalleled price growth2006 overview: The bank says housing market fundamentals are "sound" but cost growth is likely to remain below the lasting trend...

Read More: House Price Predictions For 2006 >>

pre-pay cards could teach budgeting skills - Published:25/10/06

Apacs believes that new pre-pay giftcards may be a useful way of education people how to budget effectivelyThe UK payments organization commented as credit card provider launched Mint launched such a certificate, which will be redeemable at many dif...

Prepay popularity growing, says consumer research - Published:25/10/06

Prepayment cards, already big in the US, are rapidly captivating off in Britain, says consumer researchThe cards, which are "emotional" with praise much like a mobile phone, do not require users to have a have an account account and do not carry any...

Good loans offers available - Published:25/10/06

Good loans deals are still available and customers should structure around to get the best deals, a main newspaper has reportedAccording to the letters on Sunday, on a £5,000 loan taken over three natural life the best deals are to be had by phone o...

Read More: Good Loans Offers Available >>

Lloyds speeds cheques - Published:25/10/06

Lloyds TSB has announced that it is to start paying interest on cheques from the moment they are banked in its place of waiting at least three days to clearThe changes to the bank's current account will denote that it is the first of its kind in the...

Legal & General Insurance warns students over valuables - Published:25/10/06

Hi-tech gadgets have greater than before the home contents value of students and Legal & General is caution that they should not only take out house contents insurance, but also protect their property against theftThe average value of students' prop...

A&L and Abbey innovate current accounts but add catches - Published:25/10/06

Alliance and Leicester and Abbey have opened novel fronts in the ongoing war for current explanation customers, offering zero per cent overdrafts for customers in the first yearThe two banks, the UK's sixth and seventh main, have taken the fight to ...

students urged to be savvy when choosing a bank account - Published:25/10/06

Students could misplace out on more than £630 by choosing the incorrect account, according to new researchHalifax believes that many students are lured into signing up to an explanation which offers free gifts but suggests that they would be distant...

Half-term holidaymakers urged to seek travel insurance - Published:25/10/06

Families going on vacation this half-term have been urged to take out journey insurance and maintain vigilance before they make their journey abroadHolidaymakers have been advised to make sure they take their policy details and their contact informa...

Average adult has double recommended minimum savings - Published:25/10/06

The average mature in the UK has almost double the recommended minimum monetary 'safety net' squirreled away in their bank financial records, according to Birmingham MidshiresEnough savings to survive three months of injury, or £4,128, is recommende...

Leeds drivers 'worst in UK' says Direct Line Insurance - Published:25/10/06

Leeds has the least thoughtful drivers on the UK roads, says a novel report from Direct Line InsuranceThe research indicates that 37 per cent of the state's motorists have been careless behind the wheelMost frequent offences include failure to point...

Fixed-rate mortgages fixing upwards - Published:25/10/06

Fixed-rate mortgage rates are edging upwards following a cost war last summer new research has revealedWhile the base speed of interest has remained stable since last imposing, analysts have been unsure where it will head nextFor much of the last mo...

Churchill Insurance warns of firework 'peril' - Published:25/10/06

Bonfire night is proving to be a very costly occasion for insurers as over a million homes in the UK are damaged by fireworks says Churchill InsuranceAllied to this, almost a million people have caused injure to a neighbour's property due to firewor...

Consumers reluctant to switch current accounts - Published:25/10/06

Consumers who are reluctant to button current accounts for a better deal lose an standard of £14458 a year in potential savings, according to figures published by coalition & LeicesterHowever, in light of the potential investments in current account...

Only a third save, say B&B - Published:25/10/06

Two thirds of people in the UK do not frequently save and a hardcore fifth of the inhabitants never makes any investments at all, says Bradford and BingleyOver ten per cent of persons surveyed said that they would rather spend their money on clothes...

Read More: Only A Third Save, Say B&B >>

Dunn resigns from Barclays post - Published:25/10/06

All era are London time Search News in the FTcom siteSearchSearch Quotes in the FTcom siteQuotesCOMPANIES ITBreadcrumb trail navigation:FT house > Companies > By sector > ITEDITOR’S CHOICEOusted chairman denies responsibility‘Spy methods’ used in ot...

Read More: Dunn Resigns From Barclays Post >>

Report: Credit card rates rising - Published:25/10/06

Credit card companies have increased their interest rates to recompense for revenue they have lost as a result of inferior default charges and rising bad debt, according to new investigateMoneyfacts claims that 19 credit card firms have raised their...

Read More: Report: Credit Card Rates Rising >>

Business insurance warning over climate change - Published:25/10/06

UK companies could be putting themselves at risk by not having adequate business insurance to manage with climate change, according to novel researchSome 90 per cent of UK small businesses in high-risk areas do not have adequate commerce insurance t...

A&L scoops current account double honours - Published:25/10/06

Alliance & Leicester's Premier straight account has won the Moneywise Best present Account award for the second consecutive yearThe Alliance & Leicester Premier current account took second put, judged on the basis of customer service and competitive...

TRANSFER FEES KEEP RATE TARTS IN THEIR PLACE - Published:25/10/06

CREDIT card "rate tarts" - who switch lenders to keep away from paying interest - have been hit by providers' transfer costUnlimited transfer charges are now the norm, with only 17 out of 133 cards setting a limit - characteristically £30 to £50, Mo...

apacs: customers still lax on online security - Published:25/10/06

Many consumers who access and maintain their bank explanation online are still guilty of carelessness when it comes to safety, a novel report has claimedAccording to UK payments association Apacs, 38 per cent of the 157 million people who right of e...

Workers who contract out to enjoy greater flexibility - Published:25/10/06

All occasions are London occasion Search News in the FTcom siteSearchSearch speech marks in the FTcom sitespeech marksYOUR MONEY Your pensionBreadcrumb trail navigation:FT Home > Your money > Your pensionEDITOR’S CHOICEInvestment choice too limited ...

More mortgages above the inheritance tax threshold, study shows - Published:25/10/06

Many buyers who find a mortgage may discover that the value of their property is above the inheritance duty threshold, new research revealsThe average price paid when captivating out a mortgage is now better than the inheritance tax threshold in ten...

Loans could be the answer for adult learners - Published:25/10/06

Up to 70 per cent of the UK's 25 to 50 year olds would similar to to pursue higher learning but 56 per cent of them are held back by cost, according to research by Mint LoansResearchers estimate that the monetary returns on further education investm...

Mortgage rates muddle - Published:25/10/06

It is a dilemma bound to confuse even the most astute borrower: should you take the low mortgage speed with the high charge, or the higher mortgage rate with the near to the ground feeEDITOR'S TIP 1: Use This is Money's calculators to help labour ou...

Q&A: How to manage debt - Published:25/10/06

Britons have taken on record levels of mortgage and praise card debt, causing concern that persons could be heading for a nasty fall What ladder can you take to avoid getting into debt And, if you are already in the crimson and worried about coping,...

Mobile phones portray financial style - Published:25/10/06

A new review draws parallels between the way a person uses their mobile telephone and the way they manage their moneyThe survey, specially made by Lloyds TSB, distinguished four distinct groups of people among the 50 million mobile telephone users i...

Alliance & Leicester Commercial Bank calculates SME losses - Published:25/10/06

Small businesses are missing out on £502 million every day as a result of deprived current account deals, according to new investigate from Alliance & Leicester Commercial BankThe bank says that by sticking with providers that university teacher't g...

Bank policy biggest break on first-time buyers says Nationwide - Published:19/10/06

The income-to-house price gap is holding fewer people out of the housing market than high deposits and restrictive income multiples, claims research from Nationwide.While many people could afford the cost of borrowing for a property, outdated bankin...

MasterCard to launch new prepaid card - Published:19/10/06

The MasterCard cashplus card is a new initiative in the UK and will work much like a prepaid mobile phone. Users will top up the card with cash and be able to use the card anywhere that the MasterCard logo is displayed.The project has been undertake...

Britain hangs up and goes online - Published:19/10/06

Research reveals that 80 per cent of British consumers are stressed out by trying to get in touch with call centers, fuelling the demand for online banking.A survey commissioned switchcover.com found that even when people get through to a call centr...

Read More: Britain Hangs Up And Goes Online >>

Great Bargains To Be Had As UK Home Mortgage Market Tightens - Published:17/10/06

Recent figures announced by the Nationwide Building Society say UK house prices rise by 1.3% last month and 8.2% year-on-year. So Brits would need more mortgages? Not so according to figures released by the British Banking Association, which saw hom...

New credit card anti-fraud scheme launched - Published:16/10/06

The Token Based Authentication scheme will provide testers with a small plastic device with issued cards. When an individual needs to make a payment online, they will be asked to insert their card into the device, which will generate a four digit co...

New Yorkshire Building Society two-year fixed-rate savings bond launched - Published:14/10/06

www.moneynews.co.uk > Banking > New Yorkshire Building Society two-year fixed-rate savings bond launchedThe launch of a new Yorkshire Building Society two-year fixed-rate savings bond has been announced by the society.An opening balance of £1 is nee...

Credit card companies slash fees - Published:13/10/06

The banking industry has formally agreed to Office of Fair Trading (OFT) demands that it slash the penalty fees applied to credit cards, the majority of them by a half.Many credit card providers had already cut their fees following the OFT's threat ...

New investment option from Zurich - Published:12/10/06

[assets] [asset property] [instant bond] [asset trusts] [offshore asset [asset advice]The asset account kind a money-back guarantee and the interest is linked to growth in the equities marketDesigned for "careful" investors looking for growth in the...

Mortgages the over-riding cost - Published:12/10/06

Mortgages are now the dominant cost most people face, with an average of 19 per cent of take home pay expended on mortgages, according to research from the mortgage arm of Barclays Bank, Woolwich The figure, according to Woolwich, was likely to add...

Read More: Mortgages The Over-Riding Cost >>

Tesco's Thai plans under threat - Published:12/10/06

Thailand's ruling armed leaders could limit the expansion of Tesco and other sellers in the stateTesco confirmed it had been in talks with Thailand on Tuesday, but the meeting had ended without resolutionThe new Thai authorities are considering a ne...

Read More: Tesco's Thai Plans Under Threat >>

Current account competition heats up - Published:12/10/06

Current account head line speeds are increasing by up to six per cent before tax as provider's battle it out in a competitive marketBut for those happy to swap their local branch for an online portal or telephone this can increase dramatically – and...

'Good value' from Sainsbury's Bank Internet Saver - Published:12/10/06

A new explanation from Sainsbury's Bank claims to offer good value for those eager to earn high interest on their investmentsThe Sainsbury's Bank Internet investor offers customers the opportunity to earn five per cent disgusting annual equivalent r...

Misleading deals rack up £500m profit for credit card firms, says study - Published:12/10/06

equilibrium transfer deals and other introductory offers are earning praise card providers an estimated £500 million every year, estimates Nationwide Building SocietyIt has calculated that the normal rehearsal of paying off the cheapest borrowing fi...

brits 30 days from peril, says survey - Published:12/10/06

As many as a third of Brits have no cash stashed away for emergencies, worrying new research from Prudential UK has announcedThis means that, if a regular strand of income was abruptly taken away, many people could be just 30 days from monetary cris...

Why The Next Housing Crash Will Be Worse! - Published:12/10/06

According to the Halifax House Price Index, UK home prices have risen every day since 1996, and 2006 looks like another positive day for property ownersAfter eleven natural life of rising prices, it's no surprise that, to millions of homeowners, the...

Norwich Union adds more funds for investors - Published:12/10/06

[investments] [investment property] [instant tie [investment trusts] [offshore investment] [investment advice]Norwich Union is set to add 29 more money to its Portfolio investment bond, now offering investors the choice of 139 investment money Inves...

RBS and NatWest halt credit card cheques - Published:12/10/06

The Royal Bank of Scotland (RBS) has announced that it is to abandon credit card cheques following a public and political outcry over the ways in which they are marketedThe announcement will also apply to RBS subsidiary NatWest praise card cheques a...

House prices near 200,000 mark - Published:12/10/06

The price of an standard home in England and Wales is closing in on £200,000, according to the Land RegistryIn the April to June period the standard house price in England and Wales was up 771% on a year ago to £199,184In addition, the number of hom...

Read More: House Prices Near 200,000 Mark >>

Innovative Mint text message payment service launched - Published:12/10/06

Credit certificate company Mint has launched a new modern sum system to help clientele keep up-to-date with their accountThe new Mint text message sum service will enable clientele to check their balances, review transactions and make sums to their ...

Credit card chaos benefits consumers - Published:12/10/06

Beleaguered MasterCard, along with Visa and various banks, are facing legal action in the US from retailers who claim they acted together to accuse excessive costThe case echoes a ruling in the UK by the Office of Fair Trading (OFT), which found Mas...

What does the rate rise mean? - Published:12/10/06

AFTER two days without an interest speed go up, last week's hike in the have an account of England bottom speed caught millions of borrowers by surpgo up For many firstoccasion buyers the 025% add to was the first go up they had experienced and, for...

Read More: What Does The Rate Rise Mean? >>

Capital One 'homeowner loan' offer worst for junk mail - Published:12/10/06

The people Advice Bureau (CAB) has named Capital One and its fake cheque 'homeowner loan' offers as the worst offender when it comes to unwanted junk lettersCapital One sends out approximately 20 million offers of credit and loans per day, of which ...

brits more concerned about yob culture than home burglary - Published:12/10/06

The majority of Britons are unconcerned about the threat of a theft despite the UK being the most burgled country in EuropeThe latest findings from Legal & General's Safety exposed Index show that although only a minority of Britons are concerned ab...

Interest rates rise on Alliance & Leicester Balance Builder account - Published:12/10/06

wwwmoneynewscouk > Banking > Interest tax rise on coalition & Leicester Balance designer explanationCustomers with an coalition & Leicester Balance designer explanation, which is aimed at larger charities and the public sector, are to benefit from h...

New on the market - Published:12/10/06

With people remortgaging more often and the supply of first-time buyers drying up, the competition to offer a near to the ground first interest speed and get into the most excellent buy tclevers is extremely heated But beware - most excellent buys m...

Brits count cost of gadgets on travel insurance - Published:12/10/06

The price of gadgets which Britons take on holiday has trebled in the last five years, according to research from a travel insurance providerAdvances in technology have meant that more hi-tech equipment is available for UK holidaymakers, which could...

Lenders agree to share credit info - Published:12/10/06

Four of the UK's leading providers of credit cards and homeowner loan deals have agreed to share customer data to tackle rising tides of bad debtBarclaycard, the Co-operative Bank, Egg and Abbey have said they will work together to evaluate credit c...

CARELESS DRIVING CAN BUMP UP YOUR INSURANCE - Published:12/10/06

Insurance giant Direct Line spied on 11,000 carists and discovered a third of them drove "without due care and attention"The most horrible offenders were in Leeds, Manchester, Bristol, London and Birmingham The best behaved were in NorwichAmong the ...

Credit card best rate rising, while cost of borrowing falls - Published:12/10/06

Despite the cost of borrowing getting cheaper, researchers who evaluate credit card costs have found that that the price of plastic borrowing is risingThe UK base rate of interest fell by 025 per cent in August, but since then the average most excel...

Churchill Car Insurance: Brits shop uninsured drivers - Published:12/10/06

Members of the public are more likely to report uninsured drivers than other types of offences, suggests Churchill railway wagon Insuranceinvestigate by Churchill railway wagon Insurance suggests that members of the public are more likel