Intelligent Finance

Computer glitches mean many customers of three major banks cannot access their accounts online today.

Customers of the three Government-backed banks will get a choice which provider they belong to when the trio are dismantled, the Chancellor has revealed.

Taxpayers were hit for at least another £28.7 billion today as two state-backed lenders unveiled break-up plans on a seismic day for the UK banking sector.

Alliance & Leicester has launched the joint-top mass market savings account that gives you penalty-free access to your cash.

Banks are raising easy access savings rates. Though they are still low historically, the best accounts pay over six times more than the 0.5% base rate.

Savings rates on "clean" accounts that pay a consistent rate are on the rise.