Almost 1 million complaints...

April 01, 2011

The number of complaints against British banks almost reached the million mark in the second sixmonths of 2010, according to new figures from the Financial Services Authority. Poor service andbad advi...

‘Junior ISA’ to...

April 01, 2011

A new savings scheme designed to help adults save for their children is to be launched in the UK from November 2011. The Junior ISA is set to have an annual allowance of £3,000 but, in a keydiff...

Barclays is worst bank for c...

March 31, 2011

New figures from the Financial Services Authority (FSA) show that Barclays bank was the mostcomplained-about financial institution in the second half of 2010 – with 294,891 complaints lodgedby c...

House of Lords slams bank au...

March 30, 2011

A parliamentary report from the House of Lords has criticized the “Big Four” auditing firms for failingto raise warnings about systemic problems in banks that contributed to the financial...