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Money news

Uswitch comments on Lloyds setting aside another £1 billion in PPI compensation

Commenting on Lloyds Banking Group’s latest earnings announcement, in which it said it would be setting aside another £1 billion in PPI provisions, Tashema Jackson, money expert at Uswitch.com, says: “The announcement …

Big banks beaten by smaller rivals in the customer satisfaction stakes

Britain’s biggest high street banks – RBS, HSBC, Barclays and Lloyds – once again fail to secure a top three spot[1] in the Uswitch Current Accounts Awards RBS voted worst …

Uswitch comments on latest current account switching data

Commenting on the publication of the latest current account switching figures, Tashema Jackson, money expert at Uswitch.com, says: “These figures show that just 5% of consumers are switching current accounts, so the small …

One in four suffer current account fraud

A quarter of current account holders have fallen victim to fraud[1], with fraudsters taking an average of £828[2] One in five victims of current account fraud remain out of pocket …

Uswitch comments on Sainsbury’s new 42 month balance transfer credit card

Commenting on today’s launch of the new Sainsbury’s Nectar-only 42 months 0% interest balance transfer card, Tashema Jackson, money expert at Uswitch.com, says: “Sainsbury’s new credit card is now the longest …

Uswitch comments on TSB’s cut to Classic Plus Account interest rate

Commenting on the news that TSB have cut their Classic Plus rate from 5% to 3%, Tashema Jackson, money expert at Uswitch, says: “It is disappointing to hear that TSB’s …

One is six families penalised by mortgage lenders over childcare

One in six families have been offered a smaller mortgage because of childcare costs – or have even been rejected[1] Two thirds (68%) of the families affected intentionally hid the …

Uswitch comments on latest FCA complaints data

Commenting on the publication of the FCA’s latest complaints data, Tashema Jackson, money expert at Uswitch.com, said: “Despite the FCA consulting on a potential PPI claim deadline, today’s complaint numbers …

Uswitch comments on new Santander All in One credit card

Commenting on the launch of Santander’s new All in One credit card, Tashema Jackson, money expert at Uswitch.com, says: “Given how popular the Santander 123 credit card proved with customers, it is …

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