Banking

Fee-free cash machines 'being placed in low-income areas'

17th July 2008

The Treasury has announced 419 new free-to-use cash machines are operating in low-income areas.It says it has also identified a further 143 locations where free cash machines are planned to be installed by the end of the year.Work is ongoing to ensure that every identified area has a cash machine ... read more »

Current accounts are 'anti-consumer'

16th July 2008

The current accounts market is not working well for consumers, the Office of Fair Trading (OFT) has said.It argued a lack of transparency and high levels of complexity make it difficult for customers to compare current accounts and shop around for the best deal.A significant number of ... read more »

School summer break 'costs parents £370m'

15th July 2008

Entertaining children over the school summer holidays could cost UK parents over £370 million, new research suggests.Families may wish they had been placing extra cash into savings accounts over recent months, as the research from Alliance & Leicester finds only one in twenty parents is ... read more »

'Minority' of consumers make regular savings

14th July 2008

Less than half of consumers are saving regularly, according to research from Nationwide.The survey found 26 per cent of consumers thought saving was very important in June - a decrease from the figure of 49 per cent for May.Nearly two-thirds of people are saving less than they think they need to, ... read more »

'1m Brits to sell car' amid rising fuel costs

14th July 2008

Over one million Britons are planning to sell their cars as a result of rising fuel costs, according to the Abbey.The survey found 86 per cent of people are taking measures of some kind to combat rising inflation.In addition, the study suggested over half of Britons are buying fewer non-essential ... read more »