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What has gone incorrect at the Lender of England - and what does it indicate for me?

What has gone incorrect at the Lender of England – and what does it indicate for me?

A guidebook to what the payments glitch signifies for you and your income   Photo: Getty Photographs What is this RTGS method which is not doing work? The vast majority of all income changing arms in the Uk does so electronically. By value, 98pc of all transactions produced in the…

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Pink-tape overkill: why your financial institution assumes you are an evil dictator

Pink-tape overkill: why your financial institution assumes you are an evil dictator

Users of the House of Lords experienced a very good moan about their personal funds this week – and with great reason, claims Richard Dyson

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'I misplaced £28,000 home loan deposit': How to get again income sent to the wrong lender account

‘I misplaced £28,000 home loan deposit’: How to get again income sent to the wrong lender account

Never count on the banking companies as they may possibly not recuperate your money. One man’s £28,000 sort code slip-up serves a worthwhile lesson   Picture: Alamy Financial institution consumers who send funds to the wrong account via on-line banking have much more opportunity of being reimbursed adhering to a…

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£1m state safety for lender deposits - if you have just sold your house

£1m state safety for lender deposits – if you have just sold your house

Savers who have large sums in their bank account as a consequence of massive transactions are to be secured by the Financial Solutions Payment Scheme (FSCS)

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Is a Nisa best for a single yr saving or must I search in other places?

Is a Nisa best for a single yr saving or must I search in other places?

Question an skilled: A scholar saver wants to know where to put his funds ahead of beginning a master’s degree yr – we checklist our leading choose Isas, normal savers and current accounts   Photo: Alamy I am a college student seeking to help save income for my master’s degree…

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Complaints about current accounts increase 12pc

Complaints about current accounts increase 12pc

The financial regulator has announced a drop in customer complaints given that December, but lender gripes are still increasing yr-on-yr, with Barclays and Santander topping the checklist   Santander and Barclays financial institutions acquired the most issues from existing account buyers this year, according to the newest grievances data from…

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'One bank account amount for life': watchdog normally takes a closer search

‘One bank account amount for life’: watchdog normally takes a closer search

Switching to a new financial institution account while keeping your previous account quantity could become a actuality right after the Metropolis watchdog released an investigation into whether or not it would enhance opposition   Image: ALAMY “Transportable” bank account numbers have moved a action closer following the Metropolis regulator introduced…

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The banks that delve into your mind

The banks that delve into your mind

A major British financial institution will commence making use of personality exams to determine no matter whether or not to lend to individuals. It appears sinister, but it could be useful to modern borrowers, suggests Richard Dyson

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Could HMRC comply with banks and begin tests your personality?

Could HMRC comply with banks and begin tests your personality?

A major British financial institution will start making use of personality exams to determine whether or not or not to lend to folks. It sounds sinister, but it could be beneficial to today’s borrowers, claims Richard Dyson

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Scottish referendum: what will it suggest for Scottish banknotes?

Scottish referendum: what will it suggest for Scottish banknotes?

Bear in mind when German euro notes ended up noticed as ‘safer’ than Greek kinds? Could the exact same occur with English and Scottish lbs?   North and south of the border, hundreds of thousands of people have banknotes in their wallets and purses issued by Clydesdale Financial institution, Bank…

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