Nationwide Building Society has released its Consumer Confidence Index for March 2012. Robert Gardner, Nationwide’s chief economist, said: “Much of the survey-based data has painted a more upbeat picture of the UK economy than official data in recent months – March’s Consumer Confidence index continues that trend. The main Index jumped nine points in March, [...]
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Clydesdale Bank International launches new account
Clydesdale Bank International has launched a new notice account for expat and offshore savers. The new account, 95 Day Notice Account, allows interest to interest to be paid either annually or the capitalisation of interest can be deferred until a future date determined by the accountholder. This new interest option has been designed for those [...]
Halifax extends switching service
Halifax has extended its switching incentive due to the great popularity of the offer amongst new customers. The initiative, which is aimed at new customers moving their current account to the bank, will now be available in Halifax branches beyond the previously announced 19th February deadline*. The Halifax switching initiative, which launched on 3rd January [...]
New money by mobile service launched
Barclays has launched Europe’s first person-to-person service for sending and receiving money using mobile phone numbers. Barclays Pingit allows users to receive and send money, for free, to anyone with a UK current account and UK mobile phone number, simply by using that mobile number, without the need to share bank details. The Barclays Pingit [...]
Eight million Brits missing bill payments
Research from MoneySupermarket.com has found that over one in six (17 per cent or 8 million Brits) missed a payment for at least one bill in the last 12 months, potentially putting their credit profiles at risk, with credit cards coming out on top as the most missed payment. With many consumers expected to apply for [...]
Boys more optimistic about future earnings
Research from Clydesdale and Yorkshire Banks has revealed that most primary school kids believe they will earn between £10 and £25 per week when they leave school. Almost a fifth (18 per cent) of those surveyed believe their annual salary will be between £520 and £1,300 with a further 16 per cent hoping to earn [...]
Nationwide offers new Visa rewards
Nationwide Building Society is launching a new selection of offers through Simply Rewards, a reward scheme providing savings on major brands, available exclusively for its Visa debit and credit card customers. Visa debit and credit card customers can access the discounts by logging on to the Simply Rewards website. There is no registration, no points [...]
Cost of raising a child: £218,000
The cost of raising a child from birth to their 21st birthday now totals a record £218,024. This equates to £10,382 a year, £865 a month or £28.44 a day. The report, from LV=, shows the overall cost of raising a child has increased by 3.3 per cent in the last year with education [...]
Britain: a nation of complications
Britain is a complicated place to live according to new research, which shows over half the population believe their lives are too complicated. And it’s money, work-life balance and family issues that are causing all that complication. Car insurance provider Admiral MultiCar found that 52 per cent of people think their lives are too complicated. [...]
Main resolution for 2012? Finance
One of the key New Year’s Resolutions for Brits in 2012 is to get on top of their finances, according to a survey from Skipton Building Society. Money matters are now as important as traditional resolutions such as losing weight and exercising more, and is more important than spending more time with family or [...]
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