The UK's major banks and building societies will be investigated by the Financial Conduct Authority (FCA), following a number of high profile IT failures, it's been announced.
Nearly half a million personal loan and credit card customers are in line for a windfall after a raft of lenders agreed to repay over £149 million in interest and charges following paperwork errors.
Chancellor George Osborne announced big changes for the UK's savers in today's Budget, including a revamp of the Isa system and new bonds for over-65s.
All the major banks have either replaced or shaken up the bonus schemes that played a big role in past mis-selling scandals – but some are still using high-risk schemes, the banking watchdog says.
Customers of newly-created TSB have voted it the worst bank for customer service, according to the latest Banking Service Index from MoneySavingExpert.com.
Credit card users looking for a new balance transfer card should consider Nationwide's game-changing new deal, which launched today. It gives 0% on transferred debts for 26 months with only a 0.75% fee.
20 February 2014
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