Three in four Britons don’t trust online banking

Three in four Britons don’t trust online banking as threat from scams escalates  76% said they ‘lack trust towards using their banking services online’  81% say that ‘trust is the most important factor in their purchasing journey’ It comes as banks continue to close branches By Toby Walne for The Mail on Sunday Published: 22:21 … Read more

Markets addicted to inflationary monetary policy have central banks over a barrel

Markets addicted to inflationary monetary policy have central banks over a barrel, says ADRIAN LOWERY: So savers face negative real interest rates for years to come By Adrian Lowery for Thisismoney.co.uk Published: 07:47 BST, 16 April 2021 | Updated: 07:47 BST, 16 April 2021 Global markets have got central banks over a barrel.  Both bond … Read more

Best cash Isas: Marcus Bank opens its doors to everyone a week after launch

Will this trigger a tax-free savings war? Marcus Bank now opens its near-best buy Isa paying 0.4% up to EVERYONE after it launched the account last week Tax-free account from Marcus was finally launched after two years of waiting  It was initially open to existing customers only  It still does not accept transfers but the … Read more

Best cash Isa rates: Marcus Bank fails to spark a tax-free rate war

No green shoots for Isa savers as the new tax year sees saving rates fall as Marcus fails to spur a tax-free rate war Rates on easy-access Isas have fallen from 0.46% in March to 0.41%  March and April is usually ‘Isa season’ when banks compete for savers’ cash   Rates are now at an all-time … Read more

Let all banks share abandoned high street branches, says Ceeney

Natalie Ceeney, the country’s leading authority on the damage done to communities when banks and cash machines close, says the Government and regulator have just ‘months left’ to introduce rules that will safeguard nationwide access to cash. Failure to act swiftly, she says, will leave hundreds of communities up and down the country facing an … Read more

Plan to give cashback without you having to buy

People could get cashback from local retailers without first having to buy something under new proposal An amendment to Financial Services Bill is to be debated in the House of Lords  If accepted, cashback without purchase could be available as early as May By Jeff Prestridge for The Mail on Sunday Published: 22:32 BST, 10 April … Read more

Tory and Labour peers put forward plan to fix Child Trust Fund lockout

An industry-devised workaround to allow the parents of disabled children access to otherwise-locked Child Trust Fund and Junior Isa savings without having to go to court could be given legal backing under proposals put forward by peers. Former Tory cabinet minister Lord Young and Labour’s Lord Blunkett have proposed an amendment to the Financial Services … Read more