23 February 2009 Archive

Egg: Brits ignorant of savings rates

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A new study by the internet bank Egg shows that 69 per cent of savers have not been looking for competitive saving deals or spreading their cash into different accounts in the past six months. <i>Johanna King</i>

HiFX offers online international money transfers

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HiFX has launched the UK's first online international money transfers platform with live, discounted exchange rates.

73% to turn backs on ISAs

ISA saving allowance ignored as rates drop

Three quarters of ISA savers are not to use their allowance this year.

Faster savings compensation under new Banking Act

New banking rules to stop future queues of savers

Savings will be returned to customers faster if a bank fails under the new Banking Act, which is now in force.

Brown demands tougher bank regulation

PM calls for banks to be servants not masters

Gordon Brown wants new regulations to be introduced to ensure that banks are the servants of the economy and "never its master".

US government could take 40% stake in Citigroup

US government could take 40 per cent stake in Citigroup

The US government could take up to a 40 per cent stake in Citigroup by converting most of its preference shares in the bank.

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