Current accounts
CBI: Christmas losing sparkle for retailers as shoppers go AWOL
The CBI has warned that retail sales in the first half of December are less than expected in the run up to Christmas and that the outlook for 2013 is bleak. |
Which? research finds "big five" banks still pushing for sales
A new survey by consumer group Which? has found that despite numerous mis-selling scandals, bank sales staff feel under more pressure than ever to sell to customers. |
Banker bonuses must be cut for 2012, says FSA
The Financial Services Authority has warned UK banks that the bonuses they pay should be lower this year to reflect the mis-selling scandals and weak performance of the banking sector. |
Santander launches Amazon rewards for current account referrals
Santander has unveiled a new £20 Amazon rewards scheme for existing 123 current account and 123 credit card customers who recommend friends to the products. |
Lloyds raises PPI bill by £1 billion up to £5.3 billion
Lloyds Banking Group announced a £144 million loss as it increased its provision for payment protection insurance compensation by £1 billion to £5.3 billion. |
RBS and Lloyds urged to rethink policy on basic bank accounts
Consumer Focus is calling for banks to sign up to a set of minimum standards governing basic bank accounts as Andrew Tyrie says RBS and Lloyds actions could influence other banks to limit cash machine access. |
2.7m could be paying for DD's they no longer use
Research from Moneysupermarket.com suggests up to 2.7 million current account customers could be paying for direct debits that they no longer use. |
Deadline approaches for Lloyds TSB Vantage account 4% offer
The deadline to take out a Lloyds TSB Vantage current account offer where you can earn up to four per cent interest is October 31st. |
Halifax brings back £100 current account switching offer
The Halifax has re-introduced its offer of £100 for people switching current accounts to the Halifax. Customers also receive £5 every month that they pay in £1,000. |
Barclays to increase PPI provision by £700m to £2 billion
Barclays Bank has announced that it will increase its provision for payment protection insurance compensation by £700 million to £2 billion in its third quarter accounts. |
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