Halifax

Lloyds TSB has still failed to clear a massive backlog of unpaid PPI compensation, leading to more anger from mis-selling victims.

Halifax has launched what is believed to be the first ever 'rate for risk' 0% deal. While long term credit cards APRs normally vary with successful applicants' credit scores, until now 0% deals were fixed for all. It's feared if more firms go this way, it could set a worrying precedent for borrowers.

Mortgage rates have already started to creep up and the eurozone crisis could make matters worse.

House prices rose by 1.2% last month as the property market continues to weather the economic storm, mortgage lender Halifax said today.

Santander will pay interest upfront on its new savings account in what is the latest move by banks to tempt savers, by giving them instant cash.

More banks have admitted they are failing to hit the 28-day deadline between agreeing a payment protection insurance (PPI) compensation figure and paying it.

The major banks have shunned the launch of junior Isas next week.

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

Mortgage lender Halifax says the property market continues to lack direction after it reported a second successive month of lower prices today.

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