Savings & Banking News

Nationwide will hike the interest rates on overdrafts, in response to new regulation intended to simplify overdraft charging structures for consumers. From November, the nation’s largest building...

Mobile banking is expected to become more popular than visiting a high street bank in the UK by 2021, according to data firm Caci. Caci has forecast that in two years’ time the proportion of consumers...

More than one in four people in the UK would spend all of their savings in under a month if they lost their income, according to the Yorkshire Building Society. According to Money Advice Service, a...

The FCA has called for a major change to the way overdraft fees are charged starting from April next year. The new regulations will cover a few different areas but are mainly focused around preventing...

More than 5 million people in the UK hardly ever make cash payments anymore, according to a report by UK Finance. The latest research from the trade association for the UK banking and financial...

The average British family embarks on holiday twice a year. And while some are splashing out on African safaris and others making do with a caravan park near home, it all averages out to costs of £855...

People without access to a bank account in the UK are paying £485 a year more on their bills than those with one, according to account provider Pockit. There are currently around 1.23 million people...

TSB is the first bank in the UK to promise its customers a full refund if they fall victim to any type of fraud. The high street bank, which currently has around 5.2 million customers, has introduced...

Household savings in Scotland have been cut by around 60% since the Conservative Party came to power in 2010, according to Scottish Labour. Analysis from the devolved section of the Labour Party has...

Mobile banking app Monzo has teamed up with another fintech company, OakNorth, to offer its customers high-interest savings accounts for the first time. Monzo is a mobile-only bank that works through...