View more on these topics

BBA teams up with Treasury to promote financial inclusion in schools

The British Bankers Association has joined with the Treasury Select Committee in identifying improved financial education in schools as one of their key objectives in increasing financial inclusion.

Angela Knight, chief executive designate of the BBA, says:Banks have done a great deal to promote financial inclusion.

“Theyve opened over a million basic bank accounts for people who had previously had no bank account at all, contributed 1.82m towards the Post Office Card Account and fund free independent debt advice to the tune of millions of pounds each year.

“On top of this, the industry provides support to the provision of financial education in schools through organisations such as the Personal Finance Education Group.

“The industry is pulling its weight towards promoting financial awareness, but it cant do it alone; financial education is something that everybody has a right to, the same as any other form of education.


A&L targets professional landlords

Alliance & Leicester Commercial has launched a wholesale buy-to-let product aimed at professional landlords with larger portfolios of predominantly residential investment properties. The launch follows the bank’s move into the retail buy-to-let market earlier this year, A&L plan to develop a specialist commercial property lending business encompassing both the commercial and residential investment markets.A&L Commercial […]

Money Partners completes fourth securitisation

Money Partners has completed its fourth securitisation transaction in the UK residential mortgage backed securities market. Totalling £600m, the transaction, called Money Partners Securities 4 Plc (MPS4), was issued by Kensington Group with The Royal Bank of Scotland and West LB acting as lead managers.For the first time, MPS4 comprises assets originated by both Money […]

SSM to expand distribution

Scarborough Specialist Mortgages is planning to make its new sub-prime products available to all brokers and not just packagers and key account brokers, ahead of schedule. The product range offers rates ranging from 5.29% on prime loans to 6.49% on adverse buy-to-let mortgages. Tony Burdin, head of group marketing at Scarborough, says: “The extensive market […]

Mental health in the mainstream

By Amanda Docherty, senior marketing consultant Apart from career success, millions in the bank and, on appearance, coveted lifestyles, what else do Rio Ferdinand, Lady Gaga and Ellie Goulding all have in common? They’ve all demonstrated that the power of celebrity can sometimes have a more altruistic purpose than idle gossip. Recently we’ve seen respected […]


News and expert analysis straight to your inbox

Sign up