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The Bank of England is expected to keep interest rates at their record low of 0.25% until 2019. A poll carried out by News Agency, Reuters, found that 66 out of 67 economists believe interest […]
Building society mortgages are up to 25% cheaper than mortgages from banks. A study has found building societies are beating banks by offering the best fixed mortgage rates. The biggest difference in rates is where […]
The Post Office has signed a new deal with high street banks. The deal means 99% of personal bank customers and over 75% of business customers can do their banking at the Post Office. The […]
Lloyds bank has been targeted in a recent cyber attack. No accounts were hacked or compromised in the attack, but many of the bank’s 6million customers experienced difficulty accessing and managing their accounts. The banking […]
HSBC are set to close a further 62 branches this year, on top of the 55 already planned for closure. Around 180 jobs are set to be at risk, and 204 IT jobs could potentially […]
The UK’s largest energy provider, British Gas, has been ordered to pay £9.5million in compensation for late and incorrect bills. IT issues saw tens of thousands of business customers affected, with some not receiving a […]
The Institute of Fiscal Studies (IFS) has found people born after 1980 are the poorest in Britain, while pensioners become richer. The research showed older generations are the least likely to experience income poverty. Mr Lender, […]
The Supreme Court has ruled that Article 50 cannot be triggered without a parliamentary vote. Prime Minister Theresa May cannot begin talks with members of the EU until MPs have given their backing. UK based […]
Thousands of cash machines could start charging after a breakdown in agreements over fees and machine maintenance. Almost 40 members of the LINK network will be meeting this week to come to a new agreement. […]
Thousands of grandparents could be missing out on Grandparent Credits, research has found. The scheme was launched in 2011 to help grandparents who take time off to look after children. Mr Lender, a UK based short term […]