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UK Credit Rating Cut
Published on: Sat, 23 Feb 2013
The UK suffered a “humiliating” downgrading of its credit rating. Ratings agency Moody’s cut the UK’s top rate from Aaa to Aa1. Read full story here. ... read full article.
UK Mortgage Lending
Published on: Thu, 21 Feb 2013
UK mortgage lending at its lowest for nearly 12 month. Please read here. ... read full article.
Consumer lending soars
Published on: Wed, 31 Oct 2012
The Guardian reports that consumers in the UK took on £1.7bn of debt in September, including the biggest surge in unsecured borrowing in more than four-and-a-half years. Wage rises running below the rate of inflation and a switch in empha... read full article.
Fresh complaints about PPI mis-selling
Published on: Fri, 14 Sep 2012
With all the bad press in the, er press, you would be forgiven for thinking that the payday loan industry was a shambles. However if you did you would be wrong. The number of complaints received by the Financial Ombudsman Service (FOS) ... read full article.
Which? Magazine challenges high bank charges
Published on: Wed, 22 Aug 2012
Which? says the cost of going overdrawn without permission for two days a month costs from £120 to £900 a year. And they say that banks also make money from ostensibly “free” accounts by charging “hefty fees” for... read full article.
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