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Changing face of high street banking
What are the implications of the banks’ sell-off for existing savers and borrowers
Lloyds investors urged to take action
Shareholders in Lloyds Banking Group should either buy new shares in the bank’s £13.5bn rights issue or sell out altogether, according to private-client stock brokers
Tax boost for Santander shareholders
More than 100,000 shareholders with Santander, the Spanish bank that owns Abbey and Alliance & Leicester, are receiving a tax boost to their latest dividends by taking the distribution in new shares rather than cash
British families remain pessimistic
Economic conditions across the country are showing some signs of improvement but consumers remain unconvinced.
Banks should focus on service
One in five people has changed their bank during the past two years because they were unhappy about the way they were treated, according to a survey.
Deal of the Week AA reward credit card
The AA motoring organisation has launched a credit card giving rewards of up to 2 per cent of spending on fuel, car parking and servicing
National Savings launches top-rate bond
National Savings & Investments, the government deposit-taker, is paying a market-leading 3.95 per cent on a one-year deal
Rock split to increase competition
A deal struck this week to restructure Northern Rock, the nationalised mortgage lender, has been hailed as good news for savers but offers mixed news for borrowers
Banks plan to end free current accounts
A shake-up of the current account market is in prospect as high-street banks, under pressure over their charges, consider revenue-raising schemes
Fixed-rate bonds offer highest returns for savers
Savers continue to be rewarded for tying up their cash in fixed-rate bonds with returns of up to 5 per cent, but instant access accounts still offer as much as 3.3 per cent
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