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Current Accounts

A complete archive of all our Current Accounts news and articles

HBOS Report to be Critical of Bosses

The long-awaited report into the 2008 collapse of HBOS is set to be released later in the day.

20 Nov 15 Read More

People "Stubbornly Resistant" To Switch From Big Four Banks

The government's efforts to encourage people to switch their accounts away from the big high street banks are not seeing much success as they would have wished.

6 Nov 15 Read More

Lukewarm response to CMA’s first year and a half

The CMA’s latest investigation into the competitiveness in the banking sector has been called out for not going far enough – a criticism that has haunted the CMA since its inception.

23 Oct 15 Read More

Bank of England Governor: UK Leading Beneficiary of EU

The Governor of the Bank of England, Mark Carney, has discussed the financial effects of EU membership on the UK, while speaking at Oxford University on Wednesday.

22 Oct 15 Read More

US Investment Veteran Tipped to Take Over Barclays

Jes Staley, who just a few years ago was top of the list to take over as CEO at JP Morgan, has been (unofficially) hailed as Barclay’s top choice to replace Antony Jenkins.

21 Oct 15 Read More

People Will Only Write Two Cheques A Year - Payments UK

According to the trade association Payments UK, the average adult in the UK will only make cash purchases twice in every three days by 2024. They went on to claim that the typical person will only write two cheques a year by the same date.

16 Oct 15 Read More

FCA: Complaints to Bank Accounts Increase by a Third

A recent report from the Financial Conduct Authority (FCA) has revealed that in the first half of 2015, the number of complaints to banks from current account holders went up by almost a third.

1 Oct 15 Read More

Government sells a further 1% stake in Lloyds Banking Group

The treasury has increased the total amount raised from the sale of shares in Lloyds Banking Group to £15 billion by reducing the taxpayer’s stake in the bank from 12.97% to 11.98%.

25 Sep 15 Read More

Santander 1I2I3 Current Account and 1I2I3 Credit Card Product Changes

1I2I3 Current Account fee to increase to £5 per month – no change to cashback and interest benefits. 1I2I3 Credit Card fee of £24 p.a. will change to £3 per month (£36 p.a. equivalent). 1I2I3 Credit Card cashback amounts to be capped for new customers – no new caps for existing customers.

14 Sep 15 Read More

More and More Banks Offer Switching Promotion On Current Accounts

In a trend sparked by the recent change to the current account switching system, more and more banks are now offering some form of incentive to customers who switch to them from their competitors.

7 Sep 15 Read More

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