Current account customers of six major banks will be able to download a year's worth of data into a single format from today, which it's hoped will then be used to make comparing bank accounts easier.
Spain's Banco de Sabadell has reached an agreement to take over British bank TSB it's been announced today, but its "business as usual" for TSB customers.
Seven day current account switching is working well for those who've used the service but there is a lack of confidence and awareness of the scheme, according to the financial regulator.
ISA season is nearly upon us. That's the frenzied time around the 5 April tax year close, when many desperately scrabble to set up their ISA before the deadline. And the push continues on 6 April when a whole load more people open their new tax year ISA on the first day.
A basic bank account with no fees for failed payments or dipping into unauthorised overdrafts has been unveiled following an agreement between Britain's major lenders and the Government.
Current account customers could switch bank in just five working days after the Chancellor of the Exchequer today called for a review of the switching period.
Anyone who has moved from one Halifax current account to another could find their Experian credit file does not reflect this due to an IT blunder at the bank.
More than one million current accounts have been switched during the first year of the seven-day current account switching regime, with Halifax so far proving the most popular. But this is still a small number of switches compared to the millions of current account holders out there.
15 October 2014
Suggest a story
Got a money-related news story that affects you? Email us