Banking

A Premium Bond holder has claimed winnings from cash invested over 50 years ago, after the Government-run bank behind the scheme appealed for customers to come forward for £41 million of unclaimed prizes.

MPs want RBS and Lloyds TSB to drop restrictions on customers with basic bank accounts using cash machines run by their rivals.

Ulster Bank has revealed compensation measures for its customers hit by this summer's month-long computer meltdown, which was one of the worst banking service calamities in memory.

A controversial 'savings' provider will return thousands of pounds after concerns were raised about the safety of depositors' cash.

Britain's double-dip recession is not as deep as previously feared after revised figures showed a smaller contraction in the second quarter of the year.

Santander has seen a big improvement in customer satisfaction but that hasn't stopped it maintaining the unwanted ignominy of being the worst of the major banks for customer service, in a poll of MoneySavingExpert.com users.

Savings rates for new customers have been tumbling since since the beginning of June, a MoneySavingExpert.com investigation reveals. This makes it more important than ever to search for the best rate amid plummeting returns.

Over 600,000 Santander savers have reason to cheer golfer Rory McIlroy's victory in last night's US PGA Championships.

Taxpayer-backed Royal Bank of Scotland racked up more than £300 million worth of charges today as it counted the cost of an IT meltdown and two mis-selling scandals.

The Bank of England kept interest rates on hold at 0.5% today, despite growing pressure for more emergency support to aid the UK's faltering economy.