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9
Oct

UK Banks Downgraded: Markets Jittery

Posted by Susan Mitchell (0) Comment

Beleaguered savers faced a new nightmare yesterday as 12 banks and building societies had their credit ratings downgraded.

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Category : Banking News | Blog
25
May

Mortgages And Loans Costs Could Rise As Banks Face Possible Credit Ratings Downgrading

Posted by Susan Mitchell (0) Comment

The cost of borrowing is at risk of rising after more than a dozen banks and building societies were told their credit ratings could be downgraded after the Government refused to guarantee their survival.

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Category : Banking News | Economy News | Blog
21
Apr

Claiming PPI: UK Banks To Pay £4.5bn Pay In Compensation

Posted by Susan Mitchell (0) Comment

Claiming PPI has just been made easier for victims. UK Banks were yesterday facing a £4.5billion bill after being found guilty of one of the UK’s worst ever financial mis-selling scandals. Payment Protection Insurance Mis sold

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Category : Banking News | Blog
12
Oct

Sainsburys Bank

Posted by Susan Mitchell (0) Comment

Sainsbury’s Bank, now trading as Sainsbury’s Finance, is a 50:50 joint venture between J Sainsbury (a leading UK food retailer) and Bank of Scotland (a subsidiary of Lloyds Banking Group).

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Category : UK Banks | Blog
11
Oct

Smiths Bank

Posted by Susan Mitchell (0) Comment

Smith’s Bank in Nottingham was one of the earliest banks established in England and was the first English bank outside London and involved in private banking.

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Category : UK Banks | Blog