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Last Updated: Friday, 4 June, 2004, 13:57 GMT 14:57 UK
Barclaycard in new 0% offer
Advertising for its last 0% offer was considered highly misleading

BBC Radio 4's Money Box was broadcast on Saturday, 5 June, 2004, at 1204 BST.

The programme was repeated on Sunday, 6 June 2004, at 2102 BST.

Credit card giant Barclaycard has launched a new 0% deal following a recent offer which was withdrawn.

Advertising for that product was deemed to be "illegal" by the Office of Fair Trading for incorrectly claiming that it offered 0% forever.

The new deal is offering 0% until 1 August 2005 on all purchases and balance transfers, but the deal for existing customers is not so attractive.

We spoke to Barclaycard Chief Executive Gary Hoffman about the new offer.

Further information:

Cashing in on advertising

Mike Johnson reported on Nationwide's decision to place adverts on cash machines at BP garages and tube stations.

The first third-party advertising campaign to run across the UK ATM network is the result of a partnership with software and design house i-design.

The bank does not charge customers to use its machines and Kevin Scott Evans, Controller of Self Service Banking says the adverts are "a good way to add value to the transaction".

Mike also reported on concerns about the growing trend to charge customers to use ATMs.

Further information:

The future of pensions?

Consumers could save thousands by re-pensioning, and the concept could soon be as popular as re-mortgaging, according to insurer Legal & General.

Could switching to a provider with lower charges save you money?

What are the costs and pitfalls you should look out for? And who should you speak to for advice?

We spoke to Andy Agar, Head of Retirement Product Development at Legal & General, and Andy Cowan, Partner at Charcol Aitchison & Colegrave.

Further information:

Euro accounts

With European elections looming on the 10 June, Money Box took a look at euro current accounts.

It has been over two years since the euro was ushered in. But has it become a reality for those in the UK wanting to bank with it?

Jennifer Clarke reported how things are developing, and what is available for those who want to bank in the single currency.

Further information:

M&S reject takeover bid

Marks & Spencer has rejected a takeover bid from entrepreneur Philip Green, after the board decided his tentative offer - valuing the company at around 9bn - was not enough.

The bid came just days after the retailer had appointed Stuart Rose as its new chief executive, who has been brought in to fight for the company's independence.

Further information:

Insurance industry criticism

A year-long undercover investigation by the Consumers Association into insurance sales has revealed poor advice and dubious selling techniques.

Almost all of its researchers would have been sold the wrong product, the study claimed.

They had approached a number of banks, building societies and estate agents posing as first-time buyers.

Producer: Jennifer Clarke
Presenter: Paul Lewis
Reporter: Mike Johnson
Web Producer: Nathalie Knowles

Money Box



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