Nationwide Explains Overdraft Charges and 28-Day Notice
Nationwide Building Society clarifies its overdraft fees, including 39.9% interest and a 28-day notice period. Discover how to manage your account and avoid unexpected charges.
Category : Search result: overdraft interest
Lloyds Bank cuts overdraft fees from £150 to £15
Lloyds Banking Group announces significant reduction in overdraft fees, cutting charges from £150 to just £15 in major customer-friendly overhaul.
Lloyds slashes free overdraft from £250 to £50
Lloyds Banking Group shocks customers by reducing its interest-free overdraft buffer from £250 to a mere £50 from November, impacting millions across Lloyds, Halifax, and Bank of Scotland accounts.
Australia's £50BN Debt Interest Time Bomb
Australia is facing a severe fiscal crisis as interest payments on its national debt are projected to skyrocket, consuming an ever-larger portion of the federal budget and threatening future economic stability.
Barclays charges £100 fee for 67p overdraft
A Barclays customer was left in shock after being charged a staggering £100 fee for a minuscule 67p overdraft. Read the full story of this banking scandal and how to protect yourself from similar charges.
9 Banking Hacks to Slash Bills & Boost Savings
A leading money expert shares nine crucial but often overlooked banking tricks that can protect you from sneaky fees, maximise your savings, and put hundreds of pounds back in your pocket. Discover the easy switches you can make today.
Lloyds Slashes Free Overdraft Buffer to £50
Lloyds Banking Group is dramatically reducing its interest-free overdraft buffer from £300 to just £50 for millions of customers from November, a move experts warn will hit struggling households hardest.
Trump Administration Plots to Curb Fed Independence
Exclusive reports reveal the Trump administration is actively exploring legal avenues to exert unprecedented influence over the Federal Reserve's interest rate decisions, sparking fears of political interference in the US economy.
Powell's Jackson Hole Warning Sparks Global Market Rout
Federal Reserve Chair Jerome Powell signals prolonged high interest rates at Jackson Hole, triggering sharp sell-offs in US and Asian markets as inflation fight continues.
Newsom's Bed Bath & Beyond Donor Scandal Exposed
California Governor Gavin Newsom is embroiled in a major political scandal after accepting a $100,000 campaign donation from Bed Bath & Beyond's former CEO just weeks before the company's collapse, raising serious conflict of interest allegations.
Savings Crisis: 75% of Top Accounts Vanish
Exclusive analysis reveals a savings crisis as the number of best-buy accounts plummets by 75%, costing UK households billions in lost interest amid the inflation squeeze.
UK Private Sector Growth Hits Nine-Month High
In a major boost for the UK economy, a key business survey reveals the fastest growth in private sector output in nine months. Driven by strong demand in the dominant services sector, the S&P Global/CIPS flash PMI surged to 53.3, signalling robust expansi
New Zealand Enters Recession as GDP Contracts Again
New Zealand's economy has officially entered a recession, with GDP contracting 0.1% in the last quarter of 2023. High interest rates and inflation are blamed for the downturn, marking a challenging start for the new coalition government.
Treasury's Fiscal Rules Become Dangerous Growth Bottleneck
Exclusive analysis reveals how the UK's rigid fiscal framework, designed for stability, is now actively hindering economic recovery, suppressing growth, and exacerbating the cost-of-living crisis. Experts warn the Treasury's orthodoxy is no longer fit for
UK Inflation Hits 2% Target, First Time Since 2021
In a dramatic shift, UK inflation has hit the Bank of England's 2% target for the first time in nearly three years. This sharp fall from April's 2.3% fuels intense speculation about an imminent interest rate cut, offering relief to millions of households.
UK Inflation Plummets to 2.3%, Easing Cost of Living
In a dramatic shift, UK inflation has hit the Bank of England's 2% target for the first time in nearly three years. Discover how falling energy prices are putting money back in your pocket and what it means for interest rates.
UK Inflation Rises, Halting Bank of England Rate Cuts
UK inflation unexpectedly jumped to 2.3% in July, dashing hopes for an August interest rate cut. Soaring air fares and rising clothing costs are blamed, putting the Bank of England's next move under intense scrutiny.
UK Inflation Surges on Higher Food and Energy Prices
New data reveals a sharp rise in UK inflation, driven by escalating food and energy costs. The ongoing conflict in Ukraine continues to disrupt global supply chains, pushing prices higher and intensifying the cost of living crisis for British families.
UK Inflation Rises to 2.5%, Dashing Rate Cut Hopes
In a fresh blow to household budgets, UK inflation rose to 2.5% in April, driven by soaring energy bills and stubborn service costs. The surprise jump dashes hopes for an imminent Bank of England interest rate cut, prolonging the cost-of-living squeeze fo
One Photo Exposes Real Reason Australians Feel Poor
A startling image reveals the hidden economic reality squeezing Australian households. Discover the data behind the financial pain and why your wallet feels emptier than ever.
UK Borrowing Costs Hit 27-Year High Amid Reeves Scrutiny
Chancellor Rachel Reeves faces intense scrutiny after UK government borrowing costs surge to levels not seen since 1997, raising fears about Labour's spending plans and economic stability.
Trump's Finance Guru Tipped for Shock Fed Chair Role
Exclusive: Scott Bessent, a key Trump ally and hedge fund billionaire, emerges as the frontrunner to replace Jerome Powell as Federal Reserve Chair, signalling a potential dramatic shift in US monetary policy.
UK Economy Shows Zero Growth in April, Raising Recession Fears
The UK economy showed zero growth in April, dashing hopes of a sustained recovery and piling pressure on the government and Bank of England ahead of crucial summer decisions.
Powell warns of economic risks from Ukraine war and inflation
Federal Reserve Chair Jerome Powell highlights economic uncertainties from Ukraine conflict and rising inflation, as global markets react nervously.
Watchdog clears Shapps for defence startup role
Ethics watchdog faces backlash for approving former defence secretary Grant Shapps' controversial transition to a private defence startup, raising concerns over conflicts of interest.
Lloyds Bank offers 6.25% savings rate
Lloyds Bank has introduced a new savings account offering an impressive 6.25% interest rate. Find out if this limited-time deal is the right move for your money.
UK inflation drops to 3.4%, lowest in over two years
UK inflation falls to 3.4%, its lowest in over two years, easing pressure on the Bank of England. Experts weigh in on what this means for interest rates and household budgets.
US inflation cools in May, impacting interest rate decisions
US inflation showed signs of easing in May, offering relief to consumers and potentially influencing the Federal Reserve's next move on interest rates.
Fed holds rates amid economic uncertainty
The Federal Reserve maintains interest rates amid mixed economic signals, while Aviva and Goldman Sachs adjust strategies in response to shifting market conditions.
Treasury official fails to divest assets, ethics probe looms
A senior US Treasury official, Scott Bessent, has failed to divest from certain financial assets, sparking ethical and legal scrutiny over potential conflicts of interest.
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