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Current Accounts

A complete archive of all our Current Accounts news and articles

Calls for interest rate rise grow as Bank of England upgrades growth forecasts again

The Bank of England has upgraded their growth forecasts for the first quarter of this year again, citing soaring confidence in the manufacturing sector and the continued resurgence in consumer spending as the primary factors behind their decision to do so.

23 Apr 14 Read More

Current account competition on rise as over 600,000 use new switch scheme

Over 600,000 individuals have switched from their current account provider during the initial six months of a scheme created to make changing banks simpler, quicker and easier.

11 Apr 14 Read More

Overdrafts giving bank account holder’s ‘poor value for money’, says FCA

British bank account holders are getting poor value for their money from overdraft facilities offered to them, particularly if they pass into arrears, the Financial Conduct Authority has said.

11 Apr 14 Read More

ISA guide for savers in the new tax year

The new tax year has officially begun, and this means that all British people over the age of 16 are entitled to place up to £5,940 of their money into a cash ISA, where they can enjoy tax free returns on their savings.

9 Apr 14 Read More

Exports levels at record high, says British Chambers of Commerce

The export levels achieved by Britain’s service sector in the first quarter of this year have reached a record high, according to the British Chambers of Commerce (BCC).

8 Apr 14 Read More

Santander adds 18 month interest free for purchases to 123 cashback credit card

Santander has added 18 months interest free on purchases to its award winning Santander 123 credit card, and cut the APR to 16.5% from 22.8% including the annual fee, or 12.7% from 18.9% ex-annual fee, providing customers with a very competitive shorter term borrowing option for larger purchases.

2 Apr 14 Read More

TSB launches hybrid current account which pays savers 5% AER interest

TSB Bank has launched an innovative current account that dually functions as a saving account and pays its users an attractive 5% AER interest on their balances.

1 Apr 14 Read More

British current account deficit on brink of record high again

Britain’s total current account deficit substantially exceeded previous forecasts for the last quarter of 2013, official data has indicated.

28 Mar 14 Read More

Marks & Spencer unveil new innovative current account as bank account battle heats up

Retail giant Marks and Spencer may have become famous for their multinational retail and food service, but their new ‘mass market’ current account offering may well send them soaring to stardom in the banking sector as well.

10 Mar 14 Read More

7-day current account switching service: What will it mean for consumers?

The CASS could help increase competition between lenders

16 Sep 13 Read More

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