News

Spanish bank says it has no "current plans "to float its UK arm

Julian Knight: Global action needed as Europe loses grip on crisis

As withdrawals from Continental banks leap, the trouble could spill over to the UK, cutting the availability of loans and mortgages

Spanish worries should not spread to Santander

Spanish-owned Santander has faced questions about its financial safety this week as the euro crisis deepened, causing rating agency Moody’s to downgrade 16 Spanish banks, including Santander UK.

After falling by 28 per cent, Bankia shares rose by 26 per cent yesterday

Spectre of bailout looms as banking turbulence goes on

Another big swing in share prices shows the uncertainty is far from over, with some fearing Spain could go the way of Ireland

Halifax's Three-year ISA Saver Fixed earns 4.25% gross AER, permits transfers and requires a minimum balance of £500

Deadline looms for ISA allowances

Savers are now on the home stretch with the 5 April end of tax year deadline less than a fortnight away. After that date this year's tax-free individual savings account (ISA) allowance is lost for good.

Money Insider: Repaying fixed-rate mortgages can be pricey

Choosing the right home loan isn't always a straightforward process. We all have different circumstances so it's never going be a case of one type of mortgage fits all. Most of us who opt for a discounted or fixed-rate mortgage will naturally focus on the interest rate and fee as we look to keep the upfront costs and monthly repayments to a minimum.

Five Questions About: Spending Easter abroad

Where's the cheapest place to get cash?

Santander UK boss pockets £4.1m despite PPI charge

Ana Botin, the chief executive of Santander UK, was paid £4.1m last year, despite the bank's profits plunging by 40 per cent after it was hit by a £500m charge for mis-selling payment protection insurance (PPI).

Money Insider: Act quickly as mortgage tide may be turning

Is the tide starting to turn in the mortgage market? You've probably already heard the outcry following the decision by Halifax, Clydesdale Bank, Yorkshire Bank and Bank of Ireland to increase the standard variable rate on their mortgages. It's too early to say if this is just the tip of the iceberg with other lenders soon to follow suit, but even though base rate remains at 0.5 per cent, where it has held fast for three years, it does seem that the ultra-low mortgage era that many have been enjoying may be coming to an end.

Money Insider: Switching to 123 can offer more than just a short-term deal

It's become common practice for banks to offer financial incentives as they desperately try to encourage customers to join them and kick their current provider in to touch. Up to now, switching initiatives have fallen into a number of categories. These include upfront cash hand outs, short-term promotional credit interest rates, limited-interest free overdrafts or access to exclusive products in a bid to win new current accounts.

The banking giant reported a better-than-expected increase in profits today

Barclays tops PPI complaints list

Barclays was the most complained-about bank in the last six months of 2011, according to the financial ombudsman, with nearly 12,000 cases brought by consumers.

Money Insider: Fast movers can get a transfer to Nottingham

The steady stream of new ISA accounts just keeps coming, and there have been a couple of particularly attractive products launched this week. Nottingham Building Society has taken over the top spot in the two-year fixed-rate ISA best buys with a new account paying 3.65 per cent tax-free with the rate fixed until 31 March 2014.

Santander UK fined £1.5m by the City watchdog

The City watchdog has fined Santander UK £1.5m for failing to make it clear to investors who bought its structured investment products whether they were covered by the Financial Services Compensation Scheme.

Santander UK is fined £1.5m by City watchdog

The City watchdog has fined Santander UK £1.5m for failing to make it clear to investors who bought its structured investment products whether they were covered by the Financial Services Compensation Scheme.

Santander’s move may be followed by other banks

Santander fined over limited cover

Santander has been fined £1.5 million for failing to make clear to customers that some of its products had only limited cover under a compensation scheme.

Bank lending falls despite 'Project Merlin' agreement

Lending by Britain's top five banks shrank every quarter last year, official figures revealed today, in an embarrassing blow to the Chancellor's Project Merlin agreement.

News
people
News
John Rees-Evans is standing for Ukip in Cardiff South and Penarth
news
Sport
A referee issues a red card
football
Arts and Entertainment
Bianca Miller and Katie Bulmer-Cooke are scrutinised by Lord Sugar's aide Nick Hewer on The Apprentice final
tvBut Bianca Miller has taken on board his comments over pricing
Life and Style
A still from a scene cut from The Interview showing North Korean leader Kim Jong-un's death.
tech
Voices
'That's the legal bit done. Now on to the ceremony!'
voicesThe fight for marriage equality isn't over yet, says Siobhan Fenton
Life and Style
Approaching sale shopping in a smart way means that you’ll get the most out of your money
life + styleSales shopping tips and tricks from the experts
Career Services

Day In a Page

Independent Travel
Burgundy, the River Rhone & Provence – Five-star MS Swiss Corona 7 nights from £999pp
Lake Como St Moritz & the Bernina Express 7 nights from £809pp
Vietnam
Lake Maggiore, Orta & the Matterhorn 7 nights from £939pp
South Africa
Spain
Prices correct as of 19 December 2014
Surrounded by high-rise flats is a little house filled with Lebanon’s history - clocks, rifles, frogmen’s uniforms and colonial helmets

Clocks, rifles, swords, frogmen’s uniforms

Surrounded by high-rise flats is a little house filled with Lebanon’s history
Return to Gaza: Four months on, the wounds left by Israel's bombardment have not yet healed

Four months after the bombardment, Gaza’s wounds are yet to heal

Kim Sengupta is reunited with a man whose plight mirrors the suffering of the Palestinian people
Gastric surgery: Is it really the answer to the UK's obesity epidemic?

Is gastric surgery really the answer to the UK's obesity epidemic?

Critics argue that it’s crazy to operate on healthy people just to stop them eating
Homeless Veterans appeal: Christmas charity auction Part 2 - now LIVE

Homeless Veterans appeal: Christmas charity auction

Bid on original art, or trips of a lifetime to Africa or the 'Corrie' set, and help Homeless Veterans
Pantomime rings the changes to welcome autistic theatre-goers

Autism-friendly theatre

Pantomime leads the pack in quest to welcome all
The week Hollywood got scared and had to grow up a bit

The week Hollywood got scared and had to grow up a bit

Sony suffered a chorus of disapproval after it withdrew 'The Interview', but it's not too late for it to take a stand, says Joan Smith
From Widow Twankey to Mother Goose, how do the men who play panto dames get themselves ready for the performance of a lifetime?

Panto dames: before and after

From Widow Twankey to Mother Goose, how do the men who play panto dames get themselves ready for the performance of a lifetime?
Thirties murder mystery novel is surprise runaway Christmas hit

Thirties murder mystery novel is surprise runaway Christmas hit

Booksellers say readers are turning away from dark modern thrillers and back to the golden age of crime writing
Anne-Marie Huby: 'Charities deserve the best,' says founder of JustGiving

Anne-Marie Huby: 'Charities deserve the best'

Ten million of us have used the JustGiving website to donate to good causes. Its co-founder says that being dynamic is as important as being kind
The botanist who hunts for giant trees at Kew Gardens

The man who hunts giants

A Kew Gardens botanist has found 25 new large tree species - and he's sure there are more out there
The 12 ways of Christmas: Spare a thought for those who will be working to keep others safe during the festive season

The 12 ways of Christmas

We speak to a dozen people who will be working to keep others safe, happy and healthy over the holidays
Birdwatching men have a lot in common with their feathered friends, new study shows

The male exhibits strange behaviour

A new study shows that birdwatching men have a lot in common with their feathered friends...
Diaries of Evelyn Waugh, Virginia Woolf and Noël Coward reveal how they coped with the December blues

Famous diaries: Christmas week in history

Noël Coward parties into the night, Alan Clark bemoans the cost of servants, Evelyn Waugh ponders his drinking…
From noble to narky, the fall of the open letter

From noble to narky, the fall of the open letter

The great tradition of St Paul and Zola reached its nadir with a hungry worker's rant to Russell Brand, says DJ Taylor
A Christmas ghost story by Alison Moore: A prodigal daughter has a breakthrough

A Christmas ghost story by Alison Moore

The story was published earlier this month in 'Poor Souls' Light: Seven Curious Tales'