Bank Accounts - Product Reviews

13 July 2009 - More Money Lost By RBS Than Any Other Global Bank

More Money Lost By RBS Than Any Other Global Bank Royal Bank of Scotland (RBS) now holds an unenviable record. It has been reported by The Banker Magazine that RBS managed to rack up over £36bn worth of losses during 2008 making it the worst performing organisation in a list of over 1,000 ... More

13 July 2009 - The Super Rich Are Hit Hardest During The Credit Crunch

The Super Rich Are Hit Hardest During The Credit Crunch Recessions are not good times for most, but the super rich tend to be hit hardest since their assets tend to be more widely diversified than ordinary folk. Evidence contained within the Sunday Times Rich List 2009 shows that £155 ... More

19 June 2009 - Is The Recession Slowing Down?

Is The Recession Slowing Down? One of the more frustrating aspects of macroeconomics is that the data used to measure performance and trends is historic. The other aspect to all recessions is that they are easier to gauge in hindsight than in the midst of the recession itself. The current ... More

30 March 2009 - Saving in the Bank, or under the Bed?

Saving in the Bank, or under the Bed? Introduction The financial crisis, although far from being solely a British problem has, nevertheless, had a profound effect on the British financial services industry. Billions of pounds of taxpayers' money has been spent on recapitalising the likes of ... More

24 February 2009 - Joining the Euro: Is it a Good Idea?

Joining the Euro: Is it a Good Idea? Introduction The first stages of European Monetary Union (EMU), or the adoption of the single European currency, the Euro, took place in 1999. For the first two years of its life, however, the Euro was solely an electronic banking currency, and the ... More

5 February 2009 - Bank accounts why are the banks after us to change

For many years, the UK general public has experienced some of the most flexible, competitive and cheapest banking facilities in the world. With the demise of the financial system through late 2007 and 2008, the banks are now under severe pressure to change the way that they have operated in the ... More

30 January 2009 - Shall I save my money or spend in 2009?

Shall I save my money or spend in 2009? Because of the way that banks collapsed in 2008, many of us are now asking whether it's a good idea to spend or save in 2009. However, some experts are saying that 2009 will be the year for saving rather than spending and others say the opposite. It's... More

17 November 2008 - Iceland reaches agreement for foreign savers

Iceland confirmed on Sunday 16th November that it had finally reached a deal with several EU states on how to repay thousands of pounds back to those foreign savers with money in frozen Icelandic bank accounts. Iceland, a non EU member has been in conflict with both Britain and the Netherlands, ... More

11 November 2008 - Can i get a bank account with poor credit

Can I get a bank account if I have poor credit? People with a poor credit history historically find it more difficult to open a bank account with many of the highstreet banks and lenders. With the credit crunch crisis continuing, the banks seem to be changing their criteria on an almost daily ... More

29 October 2008 - What to do if your money is trapped in a collapsed bank

You might have been saving for a holiday or wedding, to pay your mortgage or credit card bills, to fund your retirement or to buy a home – but if you’re one of the hundreds of thousands of people who find their money frozen as a result of recent bank collapses, you may be wondering what to do ... More

8 October 2008 - Are my savings safe in a bank account?

Are my savings safe in a bank account? Before the turmoil of the credit crunch set it, you probably never even considered if your savings were safe in the bank/building society. Surely your cash is better off in a bank or building society account, a reputable, trusted bank, earning interest ... More

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