Santander has apologised for its abysmal service over recent months and has pledged to improve the customer experience for its 25 million account holders.
Nearly two million Royal Bank of Scotland and Natwest customers must act to avoid having their current account transferred to Santander, or to get a £100 bonus if they want to switch to the Spanish giant.
Consumers were warned today that borrowing rates could rise further after tough new regulations were drawn up to boost the amount of spare cash held by banks.
The Student Loans Company (SLC) has vowed to ensure all university goers who applied for finance on time will have their loans and grants available by the start of the academic year.
Yorkshire and Clydesdale Bank mortgage holders who face payment hikes due to their lender's error have been given hope of getting cash back, following two success stories.
Nationalised Northern Rock plans to start offering credit cards and personal loans again as it readies itself for sale to the private sector, the group revealed today.