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11/04/2013
Post Office To Launch Current Account
Following a regulator’s claim that consumers are not offered much choice in the UK’s banking market, the Post Office has announced it will launch its own current account.
The new account will be provided by Bank of Ireland and is expected to be fully launched in 2014, although some areas will be offered the account within a few weeks.
No details of what the account will offer customers have yet been released.
In January, the Office of Fair Trading (OFT) said that Lloyds, RBS, Barclays and HSBC held 75% of the UK banking market.
(H/CD)
The new account will be provided by Bank of Ireland and is expected to be fully launched in 2014, although some areas will be offered the account within a few weeks.
No details of what the account will offer customers have yet been released.
In January, the Office of Fair Trading (OFT) said that Lloyds, RBS, Barclays and HSBC held 75% of the UK banking market.
(H/CD)
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£3,000 Overdraft Offered With Student Bank Account
Halifax have announced they will again offer an overdraft of up to £3,000 with the student accounts for the next academic year. Last year, Halifax's overdraft was the largest offered on an account the bank says is 'designed by students for students'. It is the largest again this year of the three banks to announce their student accounts.
£3,000 Overdraft Offered With Student Bank Account
Halifax have announced they will again offer an overdraft of up to £3,000 with the student accounts for the next academic year. Last year, Halifax's overdraft was the largest offered on an account the bank says is 'designed by students for students'. It is the largest again this year of the three banks to announce their student accounts.
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Northern Ireland WeatherThis Evening and Tonight:Cloudy this evening with occasional drizzle. The rest of the night will remain cloudy with the chance of a little drizzle but many places dry. Mild. Minimum temperature 9 °C.
