Banks & Finance News
13/5/2014
PMI Dips in April, but Still Points to Solid Private Sector Growth
* Output levels rise solidly in April, albeit at slowest pace in four months * Faster increases in new business and backlogs of work * Inflationary pressures strengthen slightly. Scotland's private sector economy continued to grow in April, the latest Bank of Scotland PMIreport showed, with output and employment both rising on the month.21/2/2014
More RBS Business Through Post Offices Soon
RBS and NatWest extend services to customers through the Post Office. From later this year, NatWest and RBS personal and business customers can make deposits or pay in cheques at any of the Post Office’s 11,500 branches Customers can already withdraw cash, and check their balance NatWest and RBS are extending the services personal and business customers can use through the Post Office from later this year to include pay-ins of cash and cheques.28/11/2013
Council steps up opposition to pay day lending
The Highland Council is to write to the UK Government, the Scottish Government and the Convention of Scottish Local Authorities to highlight its total opposition to the high-cost short-term credit offered by pay day lending companies and the misery that spiralling debt brings to the poorest in society. A priority, they say, is to cap the level of interest on the repayment of loans, which can be as high as 4,000 per cent, at no more than 60 per cent.12/12/2012
HI-Scot Credit Union Can Help Savers and Borrowers in 2013
As we approach 2013, nearly five years on from the start of the “Credit Crunch” of 2008, households in the Highlands and Islands Region continue to face many financial challenges. There are challenges for both borrowers and savers in equal measure; whether it is the saver who has seen interest paid on savings being slashed, or the borrower who can no longer access credit from their Bank.18/9/2012
Save, Borrow, Plan for Tomorrow
HI-SCOT Credit Union is now operating across the Highland area and provides an opportunity for people in the community to come together to save, and borrow money at low rates. Credit Unions are not-for-profit co-operatives, with surpluses being returned to members.31/3/2003
