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Banking News

• Bank charges: £480million to be reclaimed by those in hardship

  

  People living in hardship and trying to reclaim their bank charges could still claim a collective £480million, MoneySavingExpert.com has revealed. The consumer revenge site launched a new bank... more 

• Bank charges for authorised overdrafts up 10% in 2 years

  

  Bank charges for authorised overdrafts have increased by 10 per cent in two years, Moneynet.co.uk has claimed. The average interest rate for an authorised overdraft is up from 13.85 per cent in Febr... more 

• UK recession officially over… For now

  

  Britain has come out of the recession, as official data has revealed that the UK economy grew by 0.1 per cent in the last quarter of 2009.    The news brings an end to six consecutive quar... more 

• Bank charges ruling has damaged trust in banks

• Lloyds Banking Group job losses to top 16,000

• Santander rebranding signals end of Abbey and Bradford & Bingley

• Virgin Money banking one step closer

• Interest rate freeze continues

• Savings confidence grows amongst Brits

• Bank charges case reignited by new argument

• Savings accounts hit by low interest rates and inflation

• Abbey finds Brits boosted savings accounts in 2009

• Beware of unauthorised overdraft charges at Christmas

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