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Payday lenders charge too much, regulators say

Payday lenders are uncompetitive and charge too much for their services, a regulator has concluded.

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Average house prices reach new high

Average house prices have hit a new all-time high of £266,000, latest figures suggest, as concerns mount over how to control the housing market.

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Interest rates could rise in 2014

Interest rates could rise in 2014, according to latest messages from the Bank of England.

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Barclaycard fends off Halifax with 33 month balance transfer card

Barclaycard has increased its longest 0% balance transfer offer to an unprecedented 33 months to fend off competition from Halifax.

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Inflation falls to 1.5% in May

Cheaper air-fares and lower food prices have helped to drive inflation down to its lowest rate in almost five years.

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New Sainsbury's Nectar credit card offers 0% for 31 months

Sainsbury's Bank has joined the battle for credit card customers with a new Nectar Credit Card offer.

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London house prices now over 10 times average salary

The average house price is more than 10 times the average salary in parts of the country.

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Aldermore and Vanquis spark life into fixed-rate bond market

There's been a small resurgence in the market for fixed-rate bonds, but is it enough to attract savers?

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Banks threatening to spoil the ISA party

In just over a week, savers will see a huge increase in their tax-free ISA allowance. But banks are threatening to blow the lid on any celebrations with a series of rate cuts.

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Bank of England Governor faces grilling over interest rates

The Bank of England Governor, Mark Carney, has faced a grilling from MPs about his guidance on interest rates.

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New ISA rules could encourage greater savings - HSBC

The new ISA rules could persuade people to save more, according to new data from HSBC.

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Wonga to pay compensation after inventing law firms to scare customers

Wonga is facing a compensation bill worth £2.6 million following an investigation into unfair debt collection practices.

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Mortgage approvals to fall as lenders cut back on risk

Mortgage approval numbers are expected to suffer a significant fall in the coming months, according to a new survey.

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Housing market is 'flashing amber'

The Bank of England’s Financial Policy Committee (FPC) has described the housing market as 'flashing amber' ahead of measures due to be announced today to prevent a housing bubble.

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Tesco Bank extends purchases card to 19 months at 0%

Tesco Bank has extended the maximum offer on its purchases Mastercard to 19 months at 0%, setting a new market leading term.

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Barclays helping people to make more of their expensive gadgets

Brits spend hundreds each year on gadgets but struggle to make the most of them, according to Barclays.

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ISA rates remain subdued ahead of new dawn in tax-free savings

Banks and building societies are continuing to show relatively little appetite for savers' cash ahead of new ISA regulations on Tuesday.

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Banks prepare to cut branches amid mobile banking boom

Major banks are to close more branches as customers turn in droves to online banking.

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New ISA rules come into effect

From today (July 1st), savers will be able to keep more of their cash out of the taxman's reach and manage their tax-free accounts with greater flexibility.

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Lloyds launches its longest ever balance transfer credit card

Lloyds Bank has raised the stakes in the balance transfer credit card market by increasing its maximum term to 32 months at 0%.

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