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Home owners and businesses face having to pay higher interest rates following a downgrade in the credit ratings of Britain’s biggest banks, analysts warned on Thursday.

Moody’s, a leading international ratings agency, on Thursday night cut its scores for Barclays, Lloyds and Royal Bank of Scotland because of the eurozone crisis.

Read the full article: http://www.telegraph.co.uk/finance/financialcrisis/9348123/Debt-crisis-Moodys-downgrade-of-Britains-banks-to-hit-families.html

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  • PRO

    Have you got a Natwest / Rbs account, you might want to check balances, 'cos their computers are in meltdown.

    Furious NatWest customers hit by third day of problems

    http://www.standard.co.uk/business/business-news/furious-natwest-cu...

  • yep I dont know whether to ring and chase customers at the moment. Its friday - I normaly spend the morning Moping up the odd overdue payment... So far everything is overdue.

    Geoffrey King North Yorkshire said:

    Have you got a Natwest / Rbs account, you might want to check balances, 'cos their computers are in meltdown.

    Furious NatWest customers hit by third day of problems

    http://www.standard.co.uk/business/business-news/furious-natwest-cu...

  • PRO

    This is when having a separate account for business with a different bank is useful

  • they should have paid them more money to keep the ratings up phil  :)

  • moody ext make me smile ,this lot were the ones giving AAA ratings too all the us toxic debt,why should any one give a stuff what they think banks should be sueing them for there part in the down turn

  • You know it's a serious stuff up when they can't role back their system...

    Geoffrey King North Yorkshire said:

    Have you got a Natwest / Rbs account, you might want to check balances, 'cos their computers are in meltdown.

    Furious NatWest customers hit by third day of problems

    http://www.standard.co.uk/business/business-news/furious-natwest-cu...

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