August 2007 Archive

Cheques bounce out of town

Individuals now only write 1 billion personal cheques a year, down from 2 billion a decade ago.

Children's Trust Funds growing to maturity

The first children to qualify for the Child Trust Fund (CTF) are about to start school.

Bank charges a mystery to Britons

Two thirds of Britons do not know the financial costs they will incur if they are overdrawn on their current accounts.

One in four people do not save in the UK

One in four people in the UK do not save any of their income at all, a study released today by the Post Office reveals.

How to reclaim bank charges

If you have been stung by charges from British banks in the past and want to know about how to get them back myfinances.co.uk can point you in the right direction.

How prudent savers can live the lottery dream

The vast majority of Britons would quit their job immediately after a lottery win, new research reveals.

3 in 4 top savings accounts have strings attached

More than three out of four top savings accounts paying higher levels of interest have strings attached, research out today reveals.

Cost of university education rising

The path to a professional career is becoming increasingly expensive as the cost of university study continues to grow. </b>

Financial security tips for the internet

The House of Lords Science and Technology committee has issued a warning to unwary internet users, stating in a report issued today that crime on the web is rampant; the equivalent of a virtual 'wild west'.

More Brits getting the savings habit

More Brits are getting the savings habit

More Britons are getting into the savings habit as interest rate rises make putting money aside more attractive.

Brits flock to supermarket current accounts

Brits are set to switch to supermarket financial services in record numbers

With bank fees and poor value current accounts hitting the headlines, Britons are set to switch to supermarket financial services in record numbers.

91% of Brits reject bank fees

More than nine Britons in ten (91 per cent) would not choose pay-as-you-go bank fees.

6.27% Citibank flexible saver

Citibank has increased the interest rate it pays on its flexible saver account to 6.27% gross.

High street banks become endangered species

The traditional high-street bank is under threat as Britons increasingly migrate to telephone and internet banking.

Barclaycard web wealth warning for students

Barclaycard has updated its student Barclaycard website - offering wealth warnings for students.

Yorkshire Bank launches 2007 student account

Yorkshire Bank has unveiled it's 2007 student account - offering everything from £1,000 overdraft, two-for-one cinema tickets, and discounts on festivals