3 November 2009 Archive
HSBC cuts 1,700 jobsHSBC is to cut 1,700 jobs across the UK, the bank revealed today. |
Osborne: New £39bn bail-out has no guarantees of new lendingShadow chancellor George Osborne has warned today's action from the government is pushing £39 billion more into the banks and not garnering guarantees of extra lending. |
RBS: Sell-off won't boost competitionThe head of Royal Bank of Scotland has warned the sell-off of assets will not boost competition. |
RBS & Lloyds shake-up announcedA major reorganisation of Royal Bank of Scotland (RBS) and LLoyds Banking was announced today - with both forced to sell off branches and businesses to meet European state aid rules as a tenth of high street banking in the UK goes on sale. |
New banks must focus on branches and serviceNew banks coming onto the UK market need to focus on customer service. |
Saving bonus rates beat savings ratesAverage savings bonus rates are now higher than average savings rates. |
NS&I releases jargon-free money guideNational Savings & Investments (NS&I) has launched a jargon-free personal finance guide helping people understand more about managing money. |
Month Archives 2009
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