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Yorkshire Bank News

  • Bank customers warned of telephone scams

    Yorkshire Bank has issued a press release, alerting potential victims to the operation of several telephone scams. The scam calls will vary somewhat, but all involve a cold call from someone claiming to be in authority and asserting that fraudulent … Read more »

  • More banks to review interest rate hedging sales

    Seven additional banks have volunteered to review their sales of interest rate hedging products to small and medium-sized businesses, the Financial Services Authority (FSA) has reported. Allied Irish Bank (UK), Bank of Ireland, Clydesdale and Yorkshire banks, Co-operative Bank, Northern … Read more »

  • Britons missing out on savings’ interest

    New research from Clydesdale and Yorkshire Banks has found that Britons are intent upon increasing their savings, with survey respondents indicating they are to save an average of £244.70 a month over the course of the next financial year. However, … Read more »

  • Clydesdale and Yorkshire Banks launch new ISA

    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 … Read more »

  • Men and women divided on financial responsibility

    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 … Read more »

  • Yorkshire Bank staff raise thousands for hospice

    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 … Read more »

  • Small businesses struggling with red tape

    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 … Read more »

  • Yorkshire Bank director announces departure

    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 … Read more »

  • Britons are saving more than ever

    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 … Read more »

  • Clydesdale and Yorkshire Banks name new CFO

    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 … Read more »

  • Britons discover £6.1bn in forgotten savings

    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 … Read more »

  • A third of UK firms could switch banks

    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 … Read more »

  • Clydesdale and Yorkshire Banks apologise for mortgages mistake

    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 … Read more »

  • Bank customers urged not to reveal card details

    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 … Read more »

  • Clydesdales profits surge by 16%

    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 … Read more »

  • Strong Growth in Offset Mortgage Market

    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 … Read more »