Banking

New rules to protect savers, which include increasing the amount you can reclaim when a bank fails from £85,000 to £1million in certain circumstances, have been confirmed by the Bank of England today.

With the end of the tax year ISA deadline fast approaching, many providers have upped their cash ISA rates for savers who also have a current account with them. But does loyalty really pay? MoneySavingExpert.com investigates.

Current account customers of six major banks will be able to download a year's worth of data into a single format from today, which it's hoped will then be used to make comparing bank accounts easier.

While it's been available to publish since December, today the Treasury has finally released its response to the independent commissioned report by Christine Farnish, who has called for radical changes to the Money Advice Service and for an end to the marketeers gravy train.

Spain's Banco de Sabadell has reached an agreement to take over British bank TSB it's been announced today, but its "business as usual" for TSB customers.

Seven day current account switching is working well for those who've used the service but there is a lack of confidence and awareness of the scheme, according to the financial regulator.

A financial health minister should be appointed to help ensure everyone has access to basic facilities such as banking, affordable credit and is encouraged to save, a report argues.

With exactly one month to go until the end of the tax-year when savers will lose their tax-free allowance if they don't use it by 5 April, MoneySavingExpert.com explains how you can split your cash between easy-access and fixed cash ISAs.