Banking-guide - banking-guide.org.uk - Banking Guide
General Information:
Latest News:
EU plans could make banks “creative” in clawing back losses 15 Jul 2013 | 07:50 pm
EU plans due out later this month are expected to reduce or even wipe out the fees that banks are allowed to charge retailers for accepting payment by credit or debit cards. This is expected to cost ...
We could soon be able to pay in a cheque using our mobile phone 5 Jul 2013 | 07:56 pm
The use of cheques has declined in recent years but, for those of us who do receive cheques, it is often a real inconvenience. Unless you are comfortable sending the cheques to your bank by post, it m...
Should you ditch your bank and invest in a lend-to-save instead? 30 Apr 2013 | 07:53 pm
Officially known as peer-to-peer lending, lend-to-save cuts out the banks and allows investors to lend directly to borrowers. The benefits are interest rates of up to 8%, markedly higher than the mea...
MPs warn that proposed banking reforms will not protect public from another crisis 20 Mar 2013 | 06:21 pm
Radical reforms set out by the Government to curb Britain’s wayward banks have been criticised as too weak by the banking commission. The commission, set up in 2012 after Barclays’ Libor scandal, cou...
How to choose an ethical bank account 12 Mar 2013 | 06:17 pm
Hot on the heels of contributing to a worldwide financial crisis plunging the economy into austerity, Barclays Bank has posted pre-tax profits of a staggering £5.9 billion and a staff bonus pool of ey...
A salutary tale from Coronation Street 7 Feb 2013 | 08:51 pm
In an episode broadcast last week, Coronation Street character Gail was conned out of £40,000 in an internet banking scam. According to the Payments’ Council this could have been avoided if she had fo...
Mobile payments set to start in 2014 17 Jan 2013 | 07:34 pm
Our mobile phones are the thing we are least likely to leave at home, whether we use them to keep in touch, surf the internet or take photos. In just over a year, however, they will have yet another u...
Thousands of consumers desert high street banks 7 Jan 2013 | 07:39 pm
According to UK not for profit organisation Move Your Money, customers are deserting high street banks in their droves, and the reason? The seemingly never-ending series of ethical scandals that have ...
Bank of England admits its financial crisis failure 18 May 2012 | 04:15 pm
Mervyn King, the governor for the Bank of England, finally admitted that he could have done more to spot the signs of financial crisis and alert the correct people. In a speech for the Today programm...
UK and France refuse EU bank plan 15 May 2012 | 04:22 pm
Britain and France rejected EU bank plans to insure banks against future failures in a lengthy 16 hour meeting on 2nd May. Michel Barnier, EU internal market commissioner, has laid out plans to colle...
