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Is it a Bird? Is it a Plane? 2

Posted by Cashzilla in Uncategorized on 24. Feb, 2010 | No Comments

Image by daveknapik via Flickr

It seems as though things have moved on from simply taking a disused airplane and turning it into a house, as discussed in a previous post (See – Is it a Bird? Is it a Plane?)
According to an article on the BBC, a company based in Swansea has developed a new [...]

Bank charges come back into legal spotlight following court ruling

Posted by Cashzilla in banking on 22. Feb, 2010 | 2 Comments

Image by kiki99 via Flickr

Bank charges could be set for another court battle after a ruling by a Glasgow Judge cleared the way for a proof hearing into determining whether bank charges are fair.
The Supreme Court verdict last November ruled the Office of Fair Trading could not assess bank charges under section 6 of the [...]

New FSA rules force financial firms to reveal complaint numbers

Posted by Cashzilla in Uncategorized, banking, credit cards on 29. Jan, 2010 | 1 Comment

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Under new Financial Services Authority (FSA) rules, financial firms who collect an excessive amount of complaints against them are to be named and shamed reports MoneySavingExpert news.
Over a six month period companies who receive 500 or more complaints will, under the rules, have to publish the numbers of complaints twice a year so [...]

Judge’s debt enforcement ruling condones Identity Theft

Posted by Cashzilla in Uncategorized on 27. Jan, 2010 | 3 Comments

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The BBC report that the OFT has issued guidelines to lenders and borrowers about when their loans and other credit may, and may not be enforced. The guidelines come in the wake of OFT fears that some debtors may be misled into their ability to have debts written off.
The OFT draft guidance [...]

Bank charges verdict to be delivered next Wednesday

Posted by Cashzilla in banking on 17. Nov, 2009 | No Comments

Image by johnbullas via Flickr

Wednesday week (25th November) will be D-Day for the banks in the long-running bank charges saga after it was announced earlier today that the Supreme Court will deliver their ruling on the legal battle according to MoneySavingExpert.
Both the High Court and the Court of Appeal have ruled that charges can be [...]

HBoS power failure causes chaos for weekend shoppers

Posted by Cashzilla in banking on 16. Nov, 2009 | 1 Comment

Image via Wikipedia

Christmas shopping was disrupted for thousands of shoppers on Saturday following the nationwide failure of Halifax and Bank of Scotland ATM machines.
The holes-in-the-wall were rendered unusable from early Saturday morning to mid-afternoon after a power failure at an IT centre in Yorkshire occurred. The outage also affected access to customers’ accounts via [...]

The easy way to a cleaner credit card

Posted by Cashzilla in credit cards on 28. Oct, 2009 | No Comments

Image by Getty Images via Daylife

Not something I have ever really thought about before, but I just stumbled on a post on LifeHacker about How To Clean Your Credit Card and I guess it does make some sense if you are someone who constantly has to get a replacement card because the magnetic strip keeps [...]

How to tell your FTSE from your Ponzi

Posted by Cashzilla in Uncategorized on 15. Sep, 2009 | 2 Comments

Collection of silly finance definitions

RBS-NatWest cut overdraft charges from 1st October

Posted by Guest Dino in banking on 07. Sep, 2009 | 3 Comments

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Could this be the clearest indication yet that banks have admitted defeat in the long running bank charges saga? In a surprise move, the taxpayer-owned RBS-Natwest group has announced it will be slashing charges related to overdrafts – breaking ranks with the rest of the banking industry.
With a decision on whether the [...]

Tories to scrap FSA in banking shakeup

Posted by Guest Dino in Uncategorized on 28. Aug, 2009 | No Comments

The financial industry is in for a major awakening should the Conservative party receive the keys to power in the next general election says Channel 4 News.
Plans outlined by the party has revealed that one casualty of their proposed financial shakeup would be the Financial Services Authority (FSA) with their power being transferred to the [...]

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