http://www.uswitch.com/ uSwitch 801370648 http://www.uswitch.com/news/money/eurozone-crisis-could-be-good-for-savers-but-bad-for-borrowers-801370648/ martin.ellis@uswitch.com The crisis in the eurozone could be good for savers, but bad for those wishing to borrow money, according to Nationwide. Thu, 24 May 2012 13:33:20 GMT 801370643 http://www.uswitch.com/news/money/nationwide-offering-loans-for-homes-and-smes-801370643/ martin.ellis@uswitch.com Nationwide Building Society has bucked the trend set out by many banks by lending to credit starved small and medium sized enterprises (SMEs). Thu, 24 May 2012 13:29:58 GMT 801369605 http://www.uswitch.com/news/money/wonga-teams-up-with-citizens-advice-801369605/ martin.ellis@uswitch.com A scheme to help educate people about their finances has been set up by Wonga and a local branch of the Citizens Advice Bureau. Wed, 23 May 2012 12:59:36 GMT 801369604 http://www.uswitch.com/news/money/payday-loan-cap-fails-in-commons-801369604/ martin.ellis@uswitch.com Plans to introduce a cap on the rate of interest payday loan companies can charge their customers have been rejected by the House of Commons. Wed, 23 May 2012 12:56:01 GMT 801368395 http://www.uswitch.com/news/money/financial-ombudsman-receives-25-per-cent-more-complaints-801368395/ martin.ellis@uswitch.com Complaints filed with the financial ombudsman rose by 25% last year, taking the total to more than 250,000. Tue, 22 May 2012 11:24:13 GMT 801368383 http://www.uswitch.com/news/money/recourse-for-savers-if-bank-fails-801368383/ martin.ellis@uswitch.com Savers have been withdrawing their money from Santander after the Spanish bank had its credit rating downgraded, but there are a number of protections in place if a bank fails. Tue, 22 May 2012 11:17:50 GMT 801367316 http://www.uswitch.com/news/money/borrowing-more-can-lower-interest-rate-801367316/ martin.ellis@uswitch.com Those seeking to borrow money should check the thresholds for lower interest rates, as it may be worth their while to borrow just a little bit more. Mon, 21 May 2012 11:06:54 GMT 801367305 http://www.uswitch.com/news/money/helpful-parents-stifling-credit-records-801367305/ martin.ellis@uswitch.com Parents who help out their children by taking out credit on their behalf are actually stifling their ability to borrow in the future. Mon, 21 May 2012 11:03:54 GMT 801366349 http://www.uswitch.com/news/money/low-rate-credit-card-launched-by-sainsbury’s-801366349/ martin.ellis@uswitch.com Sainsbury’s has launched a low-rate credit card into a market where similar products have become rare in recent years. Fri, 18 May 2012 12:02:27 GMT 801366335 http://www.uswitch.com/news/money/brits-miscalculate-the-cost-of-key-events-801366335/ martin.ellis@uswitch.com Brits are not putting aside enough money for key events as they miscalculate how much they will cost by as much as £132,000. Fri, 18 May 2012 11:57:49 GMT 801365218 http://www.uswitch.com/news/money/mortgages-set-to-rise-warns-bank-of-england-801365218/ martin.ellis@uswitch.com The Bank of England has warned homeowners that they are likely face higher mortgage rates as a direct consequence of problems in the eurozone. Thu, 17 May 2012 11:32:29 GMT 801364143 http://www.uswitch.com/news/money/two-savings-accounts-mark-launch-of-new-online-bank-801364143/ martin.ellis@uswitch.com A new online bank has been launched as an alternative to the high street with two easy access savings accounts on offer. Wed, 16 May 2012 10:59:01 GMT 801363309 http://www.uswitch.com/news/money/spending-higher-than-incomes-prior-to-crisis-801363309/ martin.ellis@uswitch.com The spending by low and middle income households outweighed the amount they received as an income in the run up to the financial crisis, new research has found. Tue, 15 May 2012 12:36:54 GMT 801362086 http://www.uswitch.com/news/money/base-rate-unlikely-to-rise-before-2014-801362086/ martin.ellis@uswitch.com Low interest rates and quantitative easing are leaving savers worse off than ever before, according to the campaign group Save Our Savers. Mon, 14 May 2012 10:57:44 GMT 801361160 http://www.uswitch.com/news/money/cashback-credit-card-for-those-with-bad-credit-ratings-801361160/ martin.ellis@uswitch.com Capital One is offering a cashback credit card to people with bad credit ratings in a move to allow them to receive benefits normally denied to them. Fri, 11 May 2012 12:04:20 GMT 801361139 http://www.uswitch.com/news/money/government-report-backs-credit-unions-801361139/ martin.ellis@uswitch.com Credit unions could represent a better deal for around seven million people if they modernise their practices, according to a government report. Fri, 11 May 2012 11:58:12 GMT 801360297 http://www.uswitch.com/news/money/mastercard-enables-transactions-through-app-801360297/ martin.ellis@uswitch.com Customers can now use a Mastercard banking app on their smartphone to make purchases in shops at the touch of a button. Thu, 10 May 2012 14:02:25 GMT 801360284 http://www.uswitch.com/news/money/customers-making-small-return-to-borrowing-801360284/ martin.ellis@uswitch.com Customers are beginning to start borrowing again through credit cards and loans, according to the Finance & Leasing Association (FLA). Thu, 10 May 2012 13:58:07 GMT 801360280 http://www.uswitch.com/news/money/amount-of-money-needed-to-be-happy-shoots-up-801360280/ martin.ellis@uswitch.com The amount of money which Brits perceive to need in savings in order to be happy has increased exponentially over the past two years, new research shows. Thu, 10 May 2012 13:55:01 GMT 801359194 http://www.uswitch.com/news/money/one-million-more-families-short-of-money-801359194/ martin.ellis@uswitch.com One million more families are finding themselves short of money since last September, a new study has found. Wed, 09 May 2012 12:39:23 GMT 801358001 http://www.uswitch.com/news/money/donate-to-charity-at-the-cash-point-801358001/ martin.ellis@uswitch.com Britons will be able to donate to charity from in excess of 12,000 cash machines starting from this summer. Tue, 08 May 2012 11:02:06 GMT 801357981 http://www.uswitch.com/news/money/highest-level-of-savings-for-two-years-801357981/ martin.ellis@uswitch.com Savings are at their highest levels for two years, despite the difficult economic situation, a study has found. Tue, 08 May 2012 10:57:20 GMT 801357090 http://www.uswitch.com/news/money/credit-card-rights-knowledge-is-low-801357090/ martin.ellis@uswitch.com The UK Cards Association is attempting to educate credit card users on their rights after it came to the organisation's attention that many customers are not aware of the protection they have. Fri, 04 May 2012 13:03:39 GMT 801355956 http://www.uswitch.com/news/money/co-operative-drops-interest-only-mortgages-801355956/ martin.ellis@uswitch.com New customers of the Co-operative Bank will no longer be offered interest-only mortgages, as the lender removes itself from the market. Thu, 03 May 2012 11:42:32 GMT 801355950 http://www.uswitch.com/news/money/savings-bonds-with-5-per-cent-interest-at-tesco-801355950/ martin.ellis@uswitch.com Savings bonds with a 5% interest rate are to be offered by Tesco in a bid to draw in more customers to use its banking products. Thu, 03 May 2012 11:41:07 GMT 801354841 http://www.uswitch.com/news/money/brits-penalised-for-borrowing-smaller-sums-801354841/ martin.ellis@uswitch.com Britons wanting to take out small sums on personal loans are being penalised with high interest rates. Wed, 02 May 2012 11:17:48 GMT 801354834 http://www.uswitch.com/news/money/300-times-more-interest-for-savers-who-switched-801354834/ martin.ellis@uswitch.com Switching savings accounts to get the best deal has earned clever savers 300 times more interest than those who stayed with the worst deal, it has emerged. Wed, 02 May 2012 11:16:02 GMT 801353947 http://www.uswitch.com/news/money/lloyds-puts-further-375m-aside-for-ppi-claims-801353947/ martin.ellis@uswitch.com Lloyds Banking Group has put aside an extra £375 million to pay compensation to those who were mis-sold payment protection insurance (PPI). Tue, 01 May 2012 12:28:01 GMT 801353944 http://www.uswitch.com/news/money/legal-general-to-offer-mortgage-loans-801353944/ martin.ellis@uswitch.com Insurance firm Legal & General is to branch out and offer mortgage loans in order to fill the gap in the market left by the reticence of some banks. Tue, 01 May 2012 12:25:15 GMT 801352380 http://www.uswitch.com/news/money/lending-to-businesses-will-not-recover-until-2016-801352380/ martin.ellis@uswitch.com Businesses are to continue to have problems securing funding as corporate lending is not set to recover to pre-recession levels until 2016, it has emerged. Mon, 30 Apr 2012 11:01:20 GMT