Lloyds

Consumers with a current account that offers insurance or other extras could be left without any cover if they fail to register first.

Two of Britain's largest banks have been told by MPs to justify their restrictions on basic account customers using rivals' cash machines.

Confidence in the UK's financial sector was dealt a blow today after an agency slashed the credit ratings of some of Britain's biggest financial institutions to reflect reduced Government support.

Barclays was the most complained-about bank during the first half of the year, figures from the regulator today show.

Payment Protection Insurance (PPI) gripes boosted the number of complaints made to the Financial Ombudsman Service (FOS) in the first half of 2011 by a massive 54%, compared to the amount of cases in the second half of 2010.

Santander is still comfortably the worst bank account provider for customer service, according to a poll of MoneySavingExpert.com users, despite claims it had cleaned up its act.

RBS and Natwest basic bank account customers will no longer be able to use rival banks' ATMs, under plans drawn up by the taxpayer-funded giant.

Lloyds Banking Group has said "sorry" for flogging worthless payment protection insurance (PPI) policies and promised a catalogue of measures to provide compensation for victims, in yet another sign of capitulation by banks.

Lenders have slashed interest on fixed rate mortgages, while the number of mortgages available to those with small deposits has also risen, new figures show.

Lloyds Banking Group has admitted defeat and is pulling out of legal action to stop the multi-billion pound payout of payment protection insurance (PPI) compensation to mis-selling victims.