Banking

The Bank of England today announced it is holding the base rate at its 0.5% historic low for the 32nd consecutive month.

Workers in the UK will receive another below-inflation pay rise next year, with firms budgeting for a 3% increase, a new report predicted today.

The Government has responded to our e-petition for compulsory financial education in schools by stating it wants youngsters to be taught about money but without committing to compulsory lessons, in what's been described as "political waffle".

Norwich and Peterborough Building Society (N&P) has this week been taken over by Yorkshire Building Society (YBS), which means big changes for many of its 420,000 customers.

HSBC and First Direct customers have reported being unable to use their cards or access their accounts online this afternoon.

The final stages of the sale of Egg were completed this week, meaning big changes for its 1.7 million customers.

The Bank of England has today released a new £50 note, which contains a thread with 'moving images' as a security feature (pictured, right).

Santander will pay interest upfront on its new savings account in what is the latest move by banks to tempt savers, by giving them instant cash.

The UK's economic recovery hopes were boosted today when official figures revealed the pace of growth accelerated faster than expected in the third quarter of 2011.

Over 100,000 people have now signed our petition calling for compulsory financial education in schools, which means it must be considered for a Parliamentary debate.