Latest Money News

Forget the banking crisis, another type of fat cat could soon be putting your personal finances under strain.

British bank executives have discussed selling shares to the government with Alistair Darling, the BBC's finance editor has claimed.

Minimum payments might lead to a numbers bias among cardholders, due to a psychological phenomeonon known as "anchoring".

Icesave is no longer allowing customers to withdraw funds - as ministers in Reykjavic, Iceland, rush to shore up the nation's financial services system.

Up to 0.5 percent might be slashed from the bank rate later this week due do the "extreme economic crisis".

Residents of Devon and Cornwall have been left particularly exposed in the housing downturn, due to the influx of second home buyers previously pushing prices up.

People are concerned about fraud - but also endanger their own data security through their own actions.

London's flagship stock exchange suffered its biggest one-day fall in history yesterday - later, the prime minister called for more "responsible" markets.

More and more people are feeling the need to seek out advice in the credit crunch, a coalition of charities claims.

Many recent graduates aren't earning enough to pay the debts off, the Liberal Democrats have shown.

The UK keeps its spot as one of the countries in which broadband is most used.

Angela Merkel's savings guarantee will be political rather than legal, the BBC reports.

Concerns are growing over the financial stability of the providers of the Kaupthing Edge and Icesave accounts.

Differing rates for people who pay for their energy using direct debit, or through a pre-payment meter, were cited as areas of concern by Ofgem.

The suspension of negative bets on financial firms' shares has not worked, it was claimed.

Britons carry higher levels of personal debt than other European nations - while the UK economy is also more dependent on the financial services sector.

Rural residents are under increasing threat from having fuel drums stolen from outside their homes.

Chancellor Angela Merkel has moved to rescue Hypo Real Estate - and has also raised the compensation limit for savers.

The sector is facing a slowdown, according to Bank of England figures.

The takeover of HBOS puts many bank employees north of the border at risk.

Savers were given a boost in security today, as it was announced that the deposit protection limit is to be raised to £50,000.

Older people owe more and take longer to pay their debts off, new figures from a debt management company show.

Mortgages and loans might become cheaper due to a change in the bank's policy this year and next, as the economic crisis deepens.

Banks are falling behind on the guidelines, a director has suggested.

With inflation rising and the credit crunch worsening, many travellers find that they just can't leave their worries behind on holiday.