FROM OTHER NEWS SITES
DAILY TELEGRAPH Ricahrd Branson weighs in on Virgin race row - Wed, 08 Feb 2012 17:12:45 GMT
Ricahrd Branson weighs in on Virgin race row - Wed, 08 Feb 2012 17:12:45 GMT
FINANCIAL TIMES Greek parties poised to agree cuts - Wed, 08 Feb 2012 18:09:18 GMT
Greek parties poised to agree cuts - Wed, 08 Feb 2012 18:24:16 GMT
BBC NEWS BBC News - Business - Wed, 08 Feb 2012 17:57:31 GMT
BBC News - Business - Wed, 08 Feb 2012 16:00:11 GMT
Poll
Current Issues
New Issue
Special supplement
Special supplement
Jobs
Jobs of the Week
Upcoming Events
CML: Mortgage arrears and possessions conference at the The Midland Hotel, Peter Street, Manchester, M60 2DS
Retail bank savings to be king
Commenting on the conversion of Goldman Sachs and Morgan Stanley from investment banks into retail banks, Kevin Mountford, head of banking at moneysupermarket.com, said: "This move by Goldman Sachs and Morgan Stanley reinforces the fact that retail savings are now king.
"Regardless of possible future reductions in the bank base rate, the UK savings market is likely to remain strong with increased competition from overseas brands and more financial services institutions moving into this space for the first time.
"More choice can only be a good thing, enabling people to reduce their risk and ensure they get good returns on their savings."
- Bank of England on the credit crunch
- BBA figures show house purchase and re-mortgage lending down
- Foreign property is big business
- SNP looking at saving HBOS for Scotland
- Mortgage rates set to climb
- FSA appointments two senior advisors
- AEGON wants financial advice on the policy agenda
- AMI concerned about more regulation
- FSA bans West London broker
- Sesame rolls out point-of-sale solution for ARs.
- The hypocrisy of Self Certification Mortgages - a broker responds to FSA actions