Press Centre
All media enquiries should be put to Martin Campbell on +44 (0) 7802 634 695 or email martin.campbell@fairbanking.org.uk
Press releases
14th June 2011 - Four UK banking products gain very first ‘Fairbanking Mark’ accreditations – - .....download
15th April 2011 - Fairbanking ratings 2011: Is UK retail banking showing signs of reform? – - .....download
27th November 2010 - New quality standard launched for banking products to show which are best at improving the customer’s financial well-being – - .....download
February 27th 2010 - New report rates bank products - for the first time - by how much they help improve the financial well-being of customers – - .....download
July 7th 2009 - Banks have been selling fast cars without improving the brakes - .....download
Press coverage
20 June 2011
"UK Banks to Receive Accreditation by Fairbanking Foundation"
Money Avenue.co.uk, By: Ulyana Chernyak
From now on, UK consumers will be able to choose a bank not only based on other people's reviews and available deals, but also on official rating. Read more...
20 June 2011
"Damning indictment of profit-hungry British banks in new 'quality mark' ratings as just two pass fairness test"
The Daily Mail, By: Dan Hyde
In a damning indictment of profit-hungry British banks, just two current accounts in the UK have been judged good enough for a new fair play quality mark. Read more...
18 June 2011
"Fairbanking label lauds customer focus"
Financial Times, By: Matthew Vincent
Only four providers qualify for new accreditation. Read more...
18 June 2011
"How do the four products that have been given the FairBanking Mark stack up?"
The Telegraph, By: Rosie Murray-West
You certainly won’t find them in the Best Buy tables for top interest rates, but the charity believes that they have other merits that customers will appreciate. Read more...
17 June 2011
"Banks to get accredited for compliance standards "
Compliancy Services.co.uk
Banks in the UK will now be able to claim accreditation from the new Fairbanking Foundation for demonstrating good consumer practices. Read more...
17 June 2011
"Fairbanking initiative could improve bank accounts"
Compare and Save.com
A new initiative called the Fairbanking Foundation could help to improve the banking experience for customers across the UK. Read more...
17 June 2011
"Are these Britain's two best bank accounts?"
This Is Money.com, By: Dan Hyde
In a damning indictment of profit-hungry British banks, just two current accounts in the UK have been judged good enough for a new fair play quality mark. Read more...
16 June 2011
"Fairbanking Foundation awards first accreditations"
Banking Times, By: Gill Montia
The Fairbanking Foundation has granted only four of its new accreditations to banks and building societies. Read more...
16 June 2011
"Fairbanking mark in bid to restore trust"
Money Marketing, By: Natalie Holt
Research company Ipsos Mori has linked up with with not-for-profit company Fairbanking Foundation to launch a financial services quality standard in a bid to to re-establish trust in banks and other financial services firms. Read more...
15 June 2011
"Back from the banking brink?"
Global Financial Strategy.com, By: Simon Atkinson
Simon Atkinson, assistant chief executive at Ipsos Mori wonders if the UK's Fairbanking Mark will restore trust in retail banks and whether it will make them stand out from the crowd. Read more...
15 June 2011
"Saffron scores with savings goals"
FT Adviser.com, By: Marc Shoffman
Saffron Building Society's products have been given accreditation by the Fairbanking Foundation charity. Read more...
15 June 2011
"Fairbanking weeds out the worthwhile accounts"
QCK.COM, By: Liz Parks
One high-street bank and three smaller account providers made it through the Fairbanking Mark’s required tests.. Read more...
15 June 2011
"Savings accounts awarded first ‘Fairbanking’ marks"
Financial Times, By: Matthew Vincent
Only one high-street bank, and three smaller account providers, have been judged worthy of the first ‘Fairbanking’ marks for financial products, under a new accreditation scheme similar to FairTrade labelling for food. Read more...
15 June 2011
"Just four bank products worthy of accreditation"
The Telegraph, By: Rosie Murray-West
A charity set up to judge whether banks’ offerings contribute to customers’ “financial wellbeing” has found just four products worthy of accreditation. Read more...
15 June 2011
"How do the four products that have been given the FairBanking Mark stack up?"
The Telegraph, By: Rosie Murray-West
You certainly won’t find them in the Best Buy tables for top interest rates, but the charity believes that they have other merits that customers will appreciate. Read more...
15 June 2011
"FairBanking Mark: it may not be the cheapest product but it could be the best"
The Telegraph, By: Antony Elliott
The Fairbanking Foundation was set up to encourage and assist banking providers to improve the financial well-being of their customers. Read more...
1 May 2011
"It's only Fair to Compare"
US BANKER, By: Joel Berg
A UK foundation aims to rate the products banks offer based upon how well they try to look out for consumers. Will it spur banks to compete on more than rates? Read more...
16 April 2011
"High marks for Banks that play fair on products"
Financial Times, By: Matthew Vincent
A 'Fairbanking' brand will set the standard. Read more...
15 April 2011
"Is UK retail banking showing signs of reform?"
BBC News channel, By: Maryam Moshiri
Fairbanking’s Director, Antony Elliott, is interviewed on BBC News about the latest report published by the Foundation, entitled ‘Fairbanking Ratings: Is UK retail banking showing signs of reform? Watch...
15 April 2011
"‘Fairbanking’ labels aim to boost competition"
Financial Times, By: Matthew Vincent
Lloyds, Royal Bank of Scotland, NatWest, and Barclaycard are in line to earn the first “Fairbanking” marks, under a scheme similar to Fairtrade labelling for food, to improve banking competition and customer well-being. Read more...
27 November 2010
"Ratings billed as ‘FairTrade’ label for banks"
Financial Times, By: Matthew Vincent
Bank accounts and credit cards are to be rated according the “wellbeing” they promote in customers, under a new scheme that aims to become the financial equivalent of FairTrade labelling for food. Read more...
25 March 2010
"The Greater Good"
Financial World, By: Antony Elliott
Making the case for a ‘Financial Health Service’: it is not sufficient merely to increase regulation. Read more...
27 February 2010
"The concept of FairBanking"
Money Box, BBC Radio 4, With: Paul Lewis
A new study argues that banks should help improve our financial wellbeing. Listen now...
26 February 2010
"Banks Fail Financial Wellbeing Test"
Financial Times, By: Matthew Vincent
Only three UK bank accounts and one credit card contain features that can significantly improve customers’ financial well- being, according to a new rating system launched today. Read more...
29 August 2009
"Banks could do a lot worse than build links to customers"
The Scotsman, By: Jeff Salway
Talk of silver linings to the economic crisis apparently vanished into thin air at the first hint of a recovery, but some ideas have been given vital room to breathe.
Projects that would have been given short shrift three years ago have been given greater consideration, not least those seeking to address the growing gulf between banks and their customers. Read more...
30 July 2009
"FairBanking: Seize nationalisation opportunity, force banks to change"
Citywire
With: Richard Harris
The government should use its ownership of banks to 'strongly encourage' change for the common good, argues Antony Elliott, former banker and founder of the FairBanking charity. Watch now...
23 July 2009
"Let's Start a Bank"
In Business, BBC Radio 4, With: Peter Day
Now might be a very good time to start a brand new bank, unencumbered by the toxic loans and the government bailouts of most of the old ones. Peter Day finds out from the experts how to start a bank as well as how not to do it. Listen now...
17 July 2009
"Banking on regaining the trust of the general public"
Campaign Magazine, By: Matt Williams
Trust in banks is at an all time low so how are moneymen trying to revive consumers faith. Read more...
