Banking
No increase in Bank of Engla...
The current rate has been unchanged since March 2009, and represents the lowest base rate sincethe Bank of England was founded in 1694. However, criticism from some quarters has focused on rising infl...
RBS fined £2.8m by FSA...
The Financial Services Authority (FSA) has fined RBS and NatWest – both part of the RBS Group – £2.8million for “multiple failings” in their handling of customer complaints. The FSA said RBS...
Banks pay loyal customers mi...
Millions of savers are picking up stingy returns for savings in their bank accounts when they could easily switch and earn up to an extra £322 a year, according to consumer group Which? Al...
Bank rate unlikely to change...
The Bank of England’s Monetary Policy Committee MPC) meets this week – but despite concernsover inflation, analysts say a rate increase is unlikely. With UK inflation currently riding high...