The Alliance and Leicester is giving a GBP100 incentive to customers going online and switching to their Premier Current Account from a competitor.
New customers who have moved from a different bank to the Alliance and Leicester will also receive free European travel insurance, an agreed overdraft for the first 12 months with no set up cost and a PlusSaver account that is linked to the current account, paying interest at 5.25 percent AER.
The idea behind the promotion by the Alliance and Leicester is to show consumers how moving bank accounts can work in their favour. With a seamless move across customers will find the whole process quick, easy and profitable.
Excluding London it has been found that Milton Keynes is the most expensive place to operate a small business, this according to the Alliance and Leicester Business Banking unit.
It has found that the property rental costs, the price of labour and also transportation are higher here, meaning small businesses have to deal with higher operating costs before they can begin to make any profit. The Alliance and Leicester found Milton Keynes to be the most expensive place to rent retail space and also the eighth best place for wages.
One of the good things about this Alliance and Leicester survey is that high business costs are also associated with businesses doing well. Therefore there are opportunities for new businesses to succeed in Milton Keynes.
Sainsburys Bank has determined that cost of a two day trip to Moscow to watch the UEFA Champions League final between Manchester United and Chelsea will cost each supporter an average of GBP624. This is without a flight, which would add greatly to the total.
Over GBP300 of this will be spent on the hotel room, with meals, transfers and sundry expenses taking up the rest. The total spend for adds up to around GBP40 million says Sainsburys Bank, which is a lot of money to put into Russian coffers.
Good advice from Sainsburys Bank is to shop around for the best rate on currency since it can make a real difference. They also recommend combining a good rate with good quality service to get the best overall package.