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Personal Finance

Challenger banks jump ahead of industry giants for customer satisfaction

Challenger banks have overtaken high-street banks in a survey ranking how satisfied people and firms are with their services amid the worsening cost-of-living crisis. Starling Bank and Monzo were the top-ranked current account providers, while ...

15 Aug 2022 at 14:03

Personal Finance

Young adults ‘downsizing’ lifestyles as living costs rise

Young adults are more likely than over-55s to report “downsizing” their lifestyle or spending to deal with the cost-of-living crisis, research suggests. Around one in five (20.2%) under-35s are doing this, compared with 14.5% of over-55s, the ...

21 Sept 2022 at 08:00

Personal Finance

NatWest and Nationwide ‘make strongest gains among current account switchers’

NatWest made the strongest gains among customers ditching and switching their current account between January and March this year, according to figures published by a switching service. It was followed by Nationwide Building Society, ...

28 Jul 2022 at 01:01

City

Current account switching accelerated in final quarter of last year, data shows

Nearly a quarter of a million current account switches took place during the last three months of 2021, as the number of customers ditching their bank to move elsewhere accelerated. Some 248,902 accounts were switched between ...

27 Jan 2022 at 01:26

Personal Finance

Intergenerational holidays popular as living costs squeeze budgets, survey finds

Two-fifths (42%) of adults planning holidays this year will be taking a trip with their parents, as rising living costs squeeze families’ travel budgets, a survey has found. Among holidaymakers aged 35 to 44, many of whom ...

08 May 2023 at 07:00

Travel

Intergenerational holidays popular as living costs squeeze budgets, survey finds

08 May 2023 at 07:53

Personal Finance

Digital banks beat high street lenders in customer satisfaction survey

Britain’s digital banks have held on to the top spots in customers’ rankings of personal and business bank accounts, muscling ahead of high street lenders for another year. Monzo was voted the best provider for ...

15 Aug 2023 at 15:32

Personal Finance

Holidaymakers ‘spend nearly £100 more per day than they would at home’

Holidaymakers spend nearly £100 per day more typically while they are away than they would at home, a survey indicates. On average, people spend £95.40 more per day, in addition to travel to and from and ...

02 Aug 2023 at 12:39

Personal Finance

Starling Bank is boosting its current account interest rate to 3.25%

Starling Bank will pay 3.25% interest on current account balances up to £5,000 from October 1. The move will mean that personal and joint account customers of the digital challenger bank can earn ...

28 Sept 2023 at 16:01

City

Two fifths of UK business owners have parents who are founders – survey

Two fifths of people who have started their own business are the children of entrepreneurs, as most founders dip into their own or parents’ savings to fund a start-up, new research has shown. ...

04 Jan 2024 at 00:01

City

Starling Bank names Ovo boss as new chief executive

Starling Bank has appointed the boss of Ovo as its new chief executive, after founder Anne Boden stepped down from the role last year. Raman Bhatia will take over as group chief executive ...

12 Mar 2024 at 15:00

Personal Finance

Banking app feature allows economic abuse survivors to mute malicious messages

Starling Bank has launched a feature in its app allowing customers to hide payment references, which could help survivors of economic abuse. The “hide references” feature is designed to ...

06 Jun 2023 at 00:01

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