Banking
Cash ISA rates spike...
New figures show that interest rates on tax-free cash ISAs are at their highest level for two years –giving UK savers a welcome boost in an otherwise tough financial climate. The average rate of...
Banks cave in to OsborneR...
The government’s Project Merlin scored a wizard result for commonsense as the bank’s cavedin to demands to lend more and pay less bonuses. Chancellor George Osborne has ended up pretty muc...
Government reveals banks agr...
The government has unveiled the details of the agreement it has sealed with Britain’s largest bankson bonuses and lending. Under the scheme – which was named ‘Project Merlin’ &...
800m bank tax hike...
British banks are set to pay an extra £800 million in taxes this year, as the government takes a tougher stance on financial institutions, and pushes to curb bonuses and encourage more business lendi...