Clydesdale and Yorkshire Banks today have announced the launch of a new Cash ISA Fixed Rate Bond with a maturity date of the 31st October 2013. The two year ISA features an interest rate of 4% Gross/AER, mirroring the bank’s two year Term Deposit rate. The ISA has a minimum opening balance of £2,000, and [...]
New research from the Clydesdale and Yorkshire Banks have uncovered a gender divide regarding the holder of household purse strings. More than half of men (53%) claim authority over the household budget, but only 25% of women agree. Almost half (43%) of women state they hold the purse strings, but only 13% of men agree. [...]
Staff from Yorkshire Bank’s Financial Solutions Centre in Waterside Way, Northampton, are relaxing after completing a gruelling 54km trek for charity. Katy Billings, Gary Hill, Jon Evans and Stevie Lewkowicz climbed 24 peaks in 24 hours, and raised £2,695 for the Friends of Cynthia Spencer Hospice in Kettering Road, Northampton. Yorkshire Bank will match the [...]
Britain’s 4.7 million small business are grappling with red tape which costs them millions every year, according to Clydesdale and Yorkshire Banks. Research commissioned by Clydesdale and Yorkshire Banks Small Business found that 15% of small business owners struggled to comprehend new regulations and legislation. The survey also discovered that 9% made late VAT payments [...]
Clydesdale and Yorkshire Banks have announced that Dean Cutbill, Products and Marketing Director, has declared his intention to part ways with the firm in the summer. Executive Director and National Australia Group Europe (NAGE) Board member John Hooper will assume Cutbill’s duties as an ambassador for the Yorkshire Bank brand working with media, Government and [...]
Britain’s saving habits have improved despite the difficult economic conditions, according to new research from Clydesdale and Yorkshire Banks. More than a quarter (28%) of those surveyed stated they were saving more now than they were at the same time one year ago. Interestingly, 9.5 million people (18%) tell their partners they have a savings [...]
Clydesdale and Yorkshire Banks have announced that Scott Butterworth is to become the new chief financial officer. Butterworth will assume his new role after incumbent CFO Iain Smith retires at the end of the month. Butterworth joined the firm at the start of February, leaving behind National Australia Bank parent Group where he worked as [...]
Despite widespread belt-tightening, Britons remain rather absent-minded when it comes to saving, according to new research from Clydesdale and Yorkshire Banks. Around 10 million Britons have forgotten about savings, only to enjoy the pleasant surprise of stumbling upon them some time later. An average of £600 is rediscovered this way, with a cumulative total of [...]
More than one in three British business are considering switching banks, according to new research commissioned by Clydesdale and Yorkshire Banks. Poor customer service and general dissatisfaction have led 36% of businesses surveyed to indicate they may well switch their bank in the next few years. The primary barrier to switching banks, cited by 20% [...]
Clydesdale and Yorkshire Banks have mailed 18,000 variable rate mortgage customers to apologise for a miscalculation regarding their payments. The error means that the customers have been underpaying, and will now be required to close the gap between what has been paid and what ought to have been paid. The banks have apologised for any [...]
Customers of Clydesdale and Yorkshire Banks have been urged not to give away personal and banking details in response to unsolicited e-mails or telephone calls. The banks have, following calls from customers, stated they are not associated in any way with Royalty Travels. Customers of the banks have indicated that Royalty Travels may suggest they [...]
Defying the credit crunch and the slowing of the economy, Clydesdale Bank’s profits have substantially grown, up 16% in the past year. Compared with last year, the bank sold 20% more mortgages and saw a 25% increase in its business lending. This is the latest stage in a turn around since more turbulent times. The [...]
According to Yorkshire Bank, four million borrowers in the UK could collectively save over £29 billion if they switched their mortgage, savings and current accounts to an offset mortgage. The bank has estimated that four million people run their finances through one bank or building society, which could mean that they lose an average of [...]
