Tag Archives: banks

Banking Reform On The Cards For Tax Payers

The UK’s economy has felt the reverberating affects of the recession and many of the country’s banks were brought close to collapse. As a result the Independent Commission on Banking (ICB) has released proposals to change the way in which … Continue reading

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Cautious Spending Over Easter… Surprised? I’m Not.

An interesting report by ATM firm, Link, has suggested that Brits were much more cautious with their spending over Easter, with less cash being withdrawn from machines and a drop in credit card spending. The report shows that, although £1.66 … Continue reading

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Top Ten Money Saving Ideas

With the decline in the British economy, high inflation and growing unemployment, it is proving more and more important for many of us to look at ways to save money. Continue reading

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Banks Challenge New Payment Protection Rules

The main high street banks are to begin their High Court challenge of new rules set-out to govern the way in which payment protection insurance (PPI) must be handled. PPI essentially covers any debt repayments if the policy holder is … Continue reading

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Government Calls for Simplified Financial Products

Banks, Payday loan companies and credit card providers are being faced with standardisation after a Government publication on simplifying financial services. The Government has recently stated that high-street banks and consumer groups should look at developing a range of simple finance products to help … Continue reading

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Group urges stricter control over payday loans

Banks are being urged to offer affordable short-term loans as alternatives to the more expensive payday loans, by consumer watchdog, Consumer Focus. According to the group the total number of people taking out high interest payday loans has quadrupled over the … Continue reading

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