Smart Money People reveal First Direct as Britain’s favourite bank

The inaugural British Bank Awards, which harnessed the opinions of over 500 Smart Money People reviewers, placed First Direct firmly as Britain’s favourite bank, winning top place in five out of seven categories. Scooping the accolades ‘Best British Bank’, ‘Most Recommended Bank’, ‘Best Customer Service’, ‘Best Value for Money’ and ‘Best Current Account’ with its […]

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Central banking and inflation dilemma

Deputy Governor Paul Tucker of the Bank of England told the government this week that he would add funds to the current quantitative easing system that was put in place several years ago now, if the inflation keeps going up, and if demands keep growing. He also talked about the fact that the central bank […]

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The rules regarding the FAS

The Financial Assistance Scheme (FAS) was first announced on May 2004 by the government and actually started in September of 2005. The point of the scheme is to offer financial assistance to members of applicable pension schemes that lost a portion, or all, of their pension following the ‘winding-up’ of underfunding that occurred between the […]

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Barclays Italian dealings investigated

A recent investigation has been launched into Barclays whose offices in Italy were recently searched by the Italian authorities. Various documents were seized as part of the market manipulation investigation that has been conducted into the bank and its role in setting the interest rate for the Euribor benchmark. Files have been attained by Italian […]

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