Brand New Current Account Deals Spring has arrived and with it the new current account launched by Post Office, which should have your financial head turning. Its arrival on the current account market will make it one of the largest financial providers on the high street and may have you thinking about switching your bank [...]
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Lamborghini? Vintage champagne? Perhaps a spring break in the French Polynesian islands?In reality, just how much cash do we need to live on in order to survive? Well, according to a poll from Skrill, the UK e-commerce firm, as a nation, we believe that we need £1,772 per month (after tax) to live on. So, [...]
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Is it time to end your bank affair? It seems that a new practice of borrowing money from strangers known as peer-to-peer lending (P2P) or social lending has entered the financial arena and banks may take a back seat with this new form of credit. Also known as person-to-person lending, these online sites act as [...]
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The way in which the banking system operates has been a focus of attention since the recession began in December 2007, but the sector has recently come under renewed fire from all quarters. Banking insiders, consumer groups such as Which?, regulatory bodies such as the Financial Services Authority and even the government are levelling criticisms, [...]
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If you’ve used Google or Yahoo recently to search for the customer service number of a bank, business or even hospital, you can’t fall to notice the proliferation of websites using premium rate phone numbers to charge you for this simple piece of information. The Industry watchdog, PhonepayPlus , has warned that scammers are displaying [...]
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From Virgin, Tesco, Metro Bank and others – what new banking faces should we expect on the UK high street in 2012?
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Given the mix of tasty fruit and banana skins 2011 offered we thought we’d look into our crystal ball to give our view as to what 2012 might hold for UK personal finance.
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A recent survey from Barclays found that increasing numbers of young people in the UK have difficulty in managing their money. Over a third of respondents aged between 16 and 24 said that they regularly ran out of money. Meanwhile, others didn’t understand how credit cards and current accounts worked. So, if you’re looking to [...]
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If you are looking for a new current account, you’re probably thinking about charges, interest rates and service when you compare your options, which is a good place to start. However, with mobile technology rapidly developing, access to a leading and secure banking service on your mobile phone should also be one of your main [...]
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The number of current accounts that charge customers now exceeds the number of free banking accounts. That’s the conclusion of a recent report from the Financial Times which has found that free banking in the UK is in decline as more and more banks charge for banking services. The newspaper reports that there are now [...]
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