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Bank of England cuts interest rates
The Bank of England has just announced that it has cut the UK's base interest rate by 0.25%. The interest rate is now down to 5.25%. The Monetary Policy Committ...
Interest Rates to remain unchanged
The Bank of England's monetary policy committee (MPC) has voted to leave interest rates unchanged at 4.75 per cent. The announcement was in line with most analy...
Link To Offer Mobile Balances
The Link cash machine network is about to offer customers a balance checking facility through their Mobile phone. The initial roll-out will involve two of the U...
Barclays Unveil Secure ATM
A new cash machine has been unveiled by Barclays to thwart thieves' attempts at attaching 'skimming devices'. Skimming is one of the favourite methods of cash m...
Statements By Text From Nationwide
Nationwide has folllowed First Direct, offering text message service for current account holders. The pilot service is available to FlexAccount holders to test....
MPs Grill Banks On Cashpoint Charges
So concerned are politicians about the prospect of cash machine charges, that chief executives were hauled before the Treasury select committee this week to ans...
Estate Agents Warn Against Rate Rise
The National Association of Estate Agents (NAEA) today warned that a rise in interest rates could be the straw that breaks the camel's back for the housing mark...
Retailers Gloom To Lead To Homeowners Glee
Homeowners breathed a collective sigh of relief yesterday as unexpected falls of retail sales in March all but guaranteed that the Monetary Policy Committee (MP...
Rates Unchanged For Tenth Month
The Bank of England left the interest rate at 4.75% today for the tenth month in a row amid fears of a rapidly weakening economy. Many experts now believe that ...
Basic Bank Accounts Fail To Meet Customers Needs
Research carried out by the National Consumer Council states that people with basic bank accounts are more likely to have financial problems than those without....
Alliance & Leicester Offering Ten Per Cent Interest On Regular Savings Accounts
new Alliance Leicester regular savings account paying 10 per cent per annum gross/AER has been launched. The deal is for customers opening either an Alliance Le...