Banking

Shell-shocked investors were given some respite today after the City's worst trading session in nearly three years.

Halifax has added a gimmick to its savings range by entering savers with at least £5,000 with the bank into a monthly prize draw to win up to £100,000.

Citizens Advice is calling for tougher sanctions on rogue debt management firms that exploit the vulnerable.

Banks should separate their investment and retail arms to help prevent a future financial crisis, the Independent Commission on Banking (ICB) said today.

Shadow Chancellor Ed Balls has given his backing to MoneySavingExpert.com's petition calling for financial education to become a compulsory part of the school curriculum.

The number of people paying into personal pensions has dropped sharply in the wake of economic turbulence, official figures suggest today.

The Bank of England today announced it is holding the base rate at its 0.5% historic low for the 30th consecutive month.

Government bank National Savings & Investments (NS&I) has today pulled its index-linked savings certificates that guarantee to beat inflation.

Payment Protection Insurance (PPI) gripes boosted the number of complaints made to the Financial Ombudsman Service (FOS) in the first half of 2011 by a massive 54%, compared to the amount of cases in the second half of 2010.

Santander is still comfortably the worst bank account provider for customer service, according to a poll of MoneySavingExpert.com users, despite claims it had cleaned up its act.