Banking

Cheque guarantee cards will not be re-introduced, the body which oversees payments said yesterday, after finding the scheme's closure has had a "minimal impact" on consumers and businesses.

A number of banks will end the controversial practice of charging their debit card customers to take out foreign currency from a bureau de change in the UK, following an agreement with the Office of Fair Trading (OFT).

Banks are to be required to "ring-fence" their retail operations from risk-taking arms and to hold increased levels of capital to protect the UK from a repeat of the crash of 2008, Chancellor George Osborne announced today.

As MPs today debate making financial education a compulsory part of the school curriculum, on the back of a government e-petition tabled by Martin Lewis as part of a campaign by this website, Shadow Chancellor Ed Balls (pictured, right) says young people must be taught about money matters...

Consumers can now get permanently free access to their credit report, which can tell them if they're likely to be accepted for a credit card, loan or mortgage.

Lloyds Banking Group has revealed plans to sell 632 branches to the Co-operative Bank, so what does this mean for customers?

Banks could be made to display clearer information on how much compensation savers could claim in the event of an institution failing, under new proposals.

Poor management decisions and the last government's light-touch regulatory regime were key factors in the near-collapse of Royal Bank of Scotland (RBS), a long-awaited report by the City watchdog said today.

The cash pensioners get in retirement, when they trade their pension pot in for a regular income, known as buying an annuity, is falling. Sadly, Bob Bullivant (right), chief executive of retirement specialist Annuity Direct, thinks the rates people will get could fall further. Here, he explains what you can do...