Barclays received the highest number of bank complaints during the first six months of the year, according to new data published by the Financial Services Authority. The FSA’s figures showed that Barclays received 251,563 complaints, compared with 181,907 at Lloyds TSB, 168,888 for Santander and 147,109 against NatWest. Santander, which has had a reputation for [...]
As Britain’s most complained-about banks are named, we explain how to win redress if you are the victim of poor service. Lloyds is Britain’s most complained about bank, according to the latest figures from the Financial Ombudsman Service (FOS). Hopefully the publication of these figures will cause banks to improve their service standards. Until then, [...]
UK Government borrowing fell sharply in July, although the country continued to sink further into debt. The Government borrowed £3.8bn over the month, down from £14.7bn in June, £18.4bn in May and 6.1bn in July last year, according to figures from the Office for National Statistics (ONS). It brings public borrowing for the four months [...]
Eastern European cyber criminals are using sophisticated computer viruses to drain the accounts of thousands of British banking customers, internet security experts have said. A new version the notorious “Zeus” virus, which cannot be detected by traditional firewalls, has stolen £675,000 from about 3,000 online customers of a British bank, the experts claimed. The funds [...]
Britain faces a weaker economic recovery and higher inflation for longer than previously hoped, the Bank of England forecast today. Economic expansion will peak at 3pc next year, weaker than the 3.6pc the Bank was expecting just three months ago. Today’s Inflation Report also forecast that the level of prices will remain above the Bank’s [...]
The number of people declared insolvent has risen as the credit crisis marks its third anniversary. A total of 34,743 people were declared insolvent during the three months to the end of June, 5 per cent more than during the same period a year earlier, according to the Insolvency Service. The figures are lowered than [...]
Naomi Campbell, the model, admitted that she was given “dirty rocks” by the former Liberian ruler Charles Taylor as she gives evidence at his war crimes trial. She told the court she handed the gems to a colleague and told him to “do something good with them”. She said she had wanted them to be [...]
A proposed limit on contributions could hit even those earning modest salaries. On the same day that BP revealed that its beleaguered chief executive, Tony Hayward, would walk away with a £600,000-a-year pension, the Government unveiled plans to severely restrict the amount of money people can save tax-free into one. The Treasury is proposing an [...]
Middle income families face being £1,000 worse off a year amid “savage” rises in the cost of living and slow wage growth, it was revealed yesterday. The sharp increases in everyday items such as food and clothing means it could get “messy very quickly” for households, experts warned. The warning comes after the cost of [...]
The shortage of country houses on the market has led to more flamboyant barn conversions, says Caroline McGhie . A new Leviathan has arrived in the property market. It was born out of the boom years, funded by the new rich of the Blair era, for whom there were not enough big country houses to [...]
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