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Protest over reduced NatWest bank hours in Powys
Protesters have also collected thousands of names for a petition
Protesters gathered outside a bank branch to oppose the cutting of opening hours of NatWest in Powys.
The changes to the branches in Montgomery, Llanidloes and Llanfair Caereinion came into effect on Monday.
Residents who have collected thousands of names for a petition objecting to the move [...]
Hampshire villagers to fight off bank closure
Shocked customers first discovered that NatWest was to shut in July when they saw a notice on the window.
Since then they have set up a petition in a last-ditch bid to save it and Denmead Parish Council has thrown its weight behind the campaign.
The branch is used by many of the older villagers, who [...]
PRESS DIGEST – Financial Times – April 16
SMES HIT BY UNPAID DEBTS OF 63 BILLION POUNDS, STUDY SAYS
Research by Natwest and the bank’s parent Royal Bank ofScotland found 71 percent of small and medium sized companieshave suffered from late payments in the past year, leaving themburdened with 63 billion pounds in unpaid debt. the Natwest/RBSstudy was supported by a separate [...]
Virgin joins race for RBS assets
VIRGIN Money is lining up as a key contender against National Australia Bank in the race to buy some of the British branches of the Royal Bank of Scotland.
Reports in Britain say Virgin, part of Richard Branson’s business empire, has hired US firm Greenhill & co as its adviser to make a first [...]
Tens of thousands of complaints on banks sent into ombudsman
The Financial Ombudsman Service received 9,952 individual complaints about the group’s Lloyds TSB business during the six months to the end of December, although only half of these complaints were upheld.
It was followed by Barclays, which was th
e most complained about group during the first half of the year, with 9,836 disputes.
High-street banks dominated the [...]
How you'll pay double to insure with our banks
By Rosanna SperoLast updated at 9:29 AM on 24th February 2010
Britain’s state-backed banks are targeting loyal customers by overcharging them for insurance.
Not content with ripping them off on current accounts and credit cards, the banks are now boosting their coffers with overpriced cover.
A Money Mail investigation has discovered that RBS/Natwest and Lloyds Banking Group [...]
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