Packaged bank accounts under...

April 12, 2011

Research from a leading newspaper has discovered that consumers who pay for so-called ‘packagedbank accounts’ are being offered savings rates well below the Bank of England base rate of 0....

Companies using little known...

April 12, 2011

With increasing numbers of people struggling to pay their unsecured debts including personal loans and credit cards, lenders are using a little known clause in consumer credit laws to chase paymentsfr...

Inflation drops but economy...

April 12, 2011

Inflation has fallen unexpectedly, reinforcing the Bank of England’s strategy of keeping interest rates unchanged. Figures published today show inflation dropped 0.4% to 4% – double the Ba...

Bank report highlights need...

April 11, 2011

As anticipated by many industry experts, today’s interim report from the Independent Commission on Banking (ICB) has recommended that UK-based banks should “ring-fence” their high-st...