Banking

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".

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

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.

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.

New rules to ensure banks and building societies check customers are eligible to claim on insurance products before selling them as part of packaged current accounts have been proposed.