Banks are keeping their customers in the dark about interest rate changes on their accounts, new research has found. The study by Which? Money found most banks rely on newspaper adverts or customers popping into their local branch to keep savers informed of rate cuts Only four of the twelve banks investigated guaranteed to keep [...]
Mervyn King is looking for a new breed of regulators focused on public service and not huge banking-style pay packages when responsibility for financial regulation transfers from the Financial Services Authority (FSA) to the Bank of England in 2012. The governor said it was time to move away from the model where people take two [...]
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