banking

Santander to close 140 branches: find out if your local bank will be axed

Santander has announced plans to axe nearly a quarter of its branch network in a move that will affect thousands of customers and puts 1,270 jobs at risk.

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Check before you switch: changing current account for cash could be more expensive in the long run

While lots of people at this time of year are enticed to switch banks by the upfront gifts or cash on offer, they need to look at the long-term benefits.

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Banks rake in their biggest profits from the over 60s - because they leave cash in their current accounts

High street banks are raking in profits from older customers who don’t switch and leave large sums in current accounts that pay low interest.

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Santander fined £32.8 million for failing to pass on inheritances worth tens of millions of pounds to bereaved families

Bereaved families were deprived of tens of millions of pounds left to them by their loved ones due to systemic failings at Santander bank, it has been revealed. 

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Ban on overdraft fixed fees planned by regulator in a "radical" crackdown on banks' punitive charges

Banking customers will no longer be shown daily or monthly fees for overdrafts in a new crackdown by the financial regulator the Financial Conduct Authority (FCA).

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Investec launches 'flexible notice' savings account with market-leading rates

Investec is looking to shake up the savings market with the launch of a new notice account that gives savers greater flexibility to withdraw money when they want.

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Savings update: Virgin Money and West Brom match Goldman's 1.5%

Two months after Goldman Sachs launched its 1.5% Marcus account competition in the savings market is fierce.

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Barclays customers can now block debit card spending at certain shops

Customers of Barclays can now ‘switch off’ debit card spending at certain categories of retailer.

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Investing in Monzo, and what you could consider instead

I invested £100 in Monzo, but I don’t think it’s a very good idea.

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Challenger bank Monzo announces a £20 million crowdfunding round - and invites its customers to invest up to £2,000

Monzo customers are being given the opportunity to invest in the fast-growing challenger bank.

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