The Payments Council has revealed that 89,000 banking customers have switched their current accounts using the new switching scheme that was launched mid-September, but consumer groups...
Despite a widespread campaign, a survey suggests only a small minority intend to switch their current account. Separate research suggested that the take up would be...
Democratic finance has lots of definitions, but credit unions are arguably one of the best examples. Tom Revell looks at why they’re becoming an increasingly attractive...
Banking does not have to be evil. It is absurd that we even have to say those seven words, but the last five years of scandals...
Banking does not have to be evil. It is absurd that we even have to say those seven words, but the last five years of scandals...
The current account switching service, launched on September 16, has made “a great start”, according to the body behind it. Campaigners, however, argue that it is...
Barclays bank has revealed it is facing a £50m fine from the Financial Conduct Authority (FCA) over a deal with Qatari investors in 2008. The FCA...
The long-awaited current account switching service was launched on Monday across 33 banks and building societies, and Tom Revell is on hand with a few handy tools...
Rules aiming to make the UK’s banking sector more competitive have been launched today, providing a new service guaranteeing that bank customers can change current account...
TSB, which merged with Lloyds in 1995, has returned to the British high street after a hiatus of nearly two decades. The bank has said it...
Move Your Money, a consumer campaign urging people to switch from high street banks to alternative providers, has warned customers to be cautious of “hollow sweeteners”...
Two in five people are expected to switch banks when a new £750m government-backed system is introduced in September, which will allow consumers to move their...
The official launch date for the new service that allows people to switch banks in seven working days has been announced as Monday September 16. The...
The Co-operative Bank’s ethical image has taken a hit in recent weeks, after being placed at the centre of events including the collapse of a deal...
One in four current account holders would switch providers if they thought the process would run smoothly, a new study has claimed. The research by M&S...