Savings rates plummet

Interest rates on UK savings accounts are set to drop below 1% for the first time ever. Continue Reading »

The Building Societies Association has urged the Bank of England not to reduce its rate any further as recent swinging cuts are hurting savers. Continue Reading »

Alliance & Leicester, Barclays, The Co-Operative Bank, Lloyds Banking Group (including Lloyds TSB, Halifax, and Bank of Scotland), and RBS/Natwest are to stopped selling single premium Payment Protection Insurance (PPI) with unsecured personal loans by the end of January 2009. Continue Reading »

Research from Cahoot finds that the credit crunch is bringing households closer together. Continue Reading »

Seventeen million Brits will be at the mercy of festive fraudsters this year, as bars and restaurants throughout the country fail to put in place proper security measures to protect their customers, according to CPP. Continue Reading »

Almost half of the population have managed to continue to set money aside on a regular basis, a figure that has remained constant for the last three quarters, according to National Savings and Investments (NS&I). Continue Reading »

A fifth of children are going behind their parents’ backs and shopping online without parental permission, according to CPP. Continue Reading »

A new fund-raising initiative by leading banks and mobile phone operators will enable millions of people to donate to BBC’s Children In Need throughout November without it costing a penny. Continue Reading »

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