All mortgages are not created equal and getting a great deal with a favourable interest rate can save you a lot of money over the life of the loan. There are many different mortgages to choose from, so how can you be certain that you are getting the best rate available? Here are some [...]

  It’s spring and the dusting has commenced so why not spring clean your finances too? There are lots of ways to do this so get out your notebook and make a few notes, we have some great tips for you right here on the Money Lion… Visit your bank Call your bank and arrange an appointment [...]

  We have been hearing a lot recently about Chief Executives and their bonuses but what has been happening? Today Stephen Hester, RBS boss, has spoken out after rejecting his near £1m bonus. When asked why he turned down the bonus, he said: “I took the judgement that it was going to be damaging for [...]

Kweku Adoboli was arrested and charged with fraud and false accounting on Friday. He will remain in custody until his hearing on Thursday.

The RBS bank has reported a statutory loss before tax of £794million after suffering losses from its exposure to the Greek Financial Crisis and from the Payment Protection Insurance (PPI) Scandal. The news follows an announcement from the Lloyds Banking Group who also reported pre-tax losses of £3.3bn over the past 6 months. RBS’s loss comes [...]

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 [...]

Image via Wikipedia 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 [...]