Banks still failing to help victims of financial scams

Stop blaming the victims of fraud! Banks still failing to help many who lose money in financial scams Some fraudsters are seeking to cash in on the coronavirus crisis Report by payments regulator reveals banks are still too quick to dismiss victims Only £4 in every £10 lost to so-called push payment scams refunded last year  … Read more

Outer Banks star Chase Stokes apologizes for racially insensitive and homophobic posts

Outer Banks star Chase Stokes apologized in now-deleted tweet for recently resurfaced homophobic and racially insensitive posts … but later claimed his account was hacked By Caitlyn Becker For Dailymail.com Published: 18:01 BST, 19 May 2020 | Updated: 18:01 BST, 19 May 2020 Actor Chase Stokes, who stars in the new Netflix series Outer Banks, … Read more

Banks squeeze savers as one-year fixed-rates hit three-year low

The great savings squeeze continues: Average one-year fixed rate now pays less than 1% as banks axe deals – will short-term accounts head even lower? The average one-year fixed-rate bond pays 0.99% and Isa 0.91% This is a fall of 0.16 and 0.23 percentage points since March respectively Savings rates have been falling this year … Read more

Hilary Duff posts sweet video of daughter Banks hogging gummy bears after facials with Matthew Koma

Hilary Duff posts sweet video of daughter Banks hogging all the gummy bears after doing facials with husband Matthew Koma By Glenn Garner For Dailymail.com Published: 07:18 BST, 17 May 2020 | Updated: 07:18 BST, 17 May 2020 Hilary Duff has a few potential projects to get to work on after the COVID-19 pandemic ends. … Read more

Savers at the mercy of inflation as RCI Bank’s easy-access rate is slashed from 1.20% to 1.05%

Will the best savings account soon pay less than 1%? Savers at the mercy of inflation as market-leading easy-access rate is slashed from 1.20% to 1.05% RCI Bank – which funds Renault car finance deals – followed Marcus Bank The Goldman Sachs-backed bank cut its easy-access rate to 1.05% on Tuesday Ford Money pulled a … Read more

JEFF PRESTRIDGE: Crisis must not kill off our banks or our cash

There will be many changes for the worse when we finally creep out of lockdown and realise that the economy has gone into shrink mode. There will be fewer jobs to go to and some of the local businesses we once supported – cafes, restaurants, local bookshops – will no longer be there. Gone for … Read more

Banks turn customers away from branches if visit is not ‘essential’

Banks turn customers away from branches if the visit is not deemed ‘essential’ By Fiona Parker For The Daily Mail Published: 22:01 BST, 12 May 2020 | Updated: 00:15 BST, 13 May 2020 Banks are turning away customers who visit branches without a good reason. Lloyds, Halifax and Bank of Scotland are now providing only … Read more

Heartbreak and hope in a bank’s Covid hotline call centre

Normally, Mark spends his working hours sat among hundreds of colleagues in Santander’s busy Glasgow office.  But, since lockdown started, he has instead been fielding calls from the bank’s customers at his home, in a makeshift, one-man call centre. The banking giant is receiving an unprecedented number of calls from customers worried about their finances. … Read more

JEFF PRESTRIDGE: Coronavirus no excuse for axeing banks

JEFF PRESTRIDGE: Coronavirus lockdown must not be an excuse for axeing bank branches By Jeff Prestridge for The Mail on Sunday Published: 21:59 BST, 2 May 2020 | Updated: 21:59 BST, 2 May 2020 Lockdown’s damaging impact on the UK economy has yet to be confirmed in hard numbers, but if you believe the experts, … Read more

Now banks target their LOYAL savers with rate cuts

Now banks target their LOYAL savers with cuts four times bigger than the Bank of England base rate fall Official base rate was reduced by 0.65 percentage points last month to 0.1%  Readers say banks have responded with rate cuts of up to 2.5 percentage points Nationwide, Yorkshire, Co-op Bank and Santander have dished out … Read more