Money news

Halifax offers £100 to switch current accounts
Wednesday, 06 June 2012
Halifax is to offer customers who switch their current accounts to the bank a bonus of £100 from today.
Savers targeted for growth bonds
Wednesday, 06 June 2012
Savers are to be encouraged to invest in growth bonds with tax breaks in order to help the country's infrastructure grow.
Tesco Bank reduces personal loan rate
Friday, 01 June 2012
Those wishing to borrow between £7,500 and £15,000 will find that the supermarket banks have entered into a rates war.
First house price rise since February
Friday, 01 June 2012
May saw the first monthly rise in house prices to be recorded since February, despite the fact that the UK is now in a double dip recession.
Brits taking extreme measures to make ends meet
Friday, 01 June 2012
Brits who are feeling the squeeze on their finances are taking extreme measures in order to get by.
UK companies paying more to borrow due to eurozone crisis
Thursday, 31 May 2012
Companies in the UK are being charged more to borrow money, due to the issues which are currently affecting the eurozone.
3m young adults still living at home
Wednesday, 30 May 2012
Around three million young adults are still living at home due to the high costs associated with moving out, it has emerged.
Family incomes and savings up
Wednesday, 30 May 2012
The average income of families in the UK has increased ahead of inflation and they are managing to save more.
Fixed rate mortgages cut at Barclays
Tuesday, 29 May 2012
The majority of fixed rate mortgages being offered by Barclays are being cut by up to 0.2% in a bid to attract customers from standard variable rate mortgages with rival banks.
New rules from FSA for banks to highlight compensation schemes
Tuesday, 29 May 2012
New regulations are to be introduced by the Financial Services Authority (FSA) meaning that banks and building societies must display their compensation agreements prominently.
Banks urged to be clear about cash protection
Monday, 28 May 2012
Banks are being urged to give customers clearer information about how much of their cash is protected in the events of them going bust.
MPs campaigning to scrap free banking
Friday, 25 May 2012
A group of MPs have thrown their support behind proposals to end free banking.
Eurozone crisis could be good for savers, but bad for borrowers
Thursday, 24 May 2012
The crisis in the eurozone could be good for savers, but bad for those wishing to borrow money, according to Nationwide.
Nationwide offering loans for homes and SMEs
Thursday, 24 May 2012
Nationwide Building Society has bucked the trend set out by many banks by lending to credit starved small and medium sized enterprises (SMEs).
Wonga teams up with Citizens Advice
Wednesday, 23 May 2012
A scheme to help educate people about their finances has been set up by Wonga and a local branch of the Citizens Advice Bureau.