Inflation Falling in Comments - 26/06/2009
24th June 2009 The latest figures from the Office for National Statistics (ONS) have shown that annual inflation fell in May to 2.2%, down from 2.3% in April. The fall takes the inflation rate closer to the Government`s target of 2%, and this may take some of ... more
The 20th - when Britain goes overdrawn in Comments - 26/06/2009
The 20th is the day that most people are most likely to enter their overdraft during this month, according to research by Opinium. Commenting on the finding, moneysupermarket.com noted that Britons are now plunging into the red seven days earlier than they were ... more
FSA BANS SINGLE PREMIUM PAYMENT PROTECTION INSURANCE FOR UNSECURED PERSONAL LOANS in Comments - 27/02/2009
The Financial Services Authority has written to all firms still selling single premium Payment Protection Insurance with unsecured personal loans asking them to withdraw the product as soon as possible, and by no later than 29 May 2009. The letter, which has b... more
Financial Services Authority estimate 340,000 mortgages in arrears in Comments - 27/01/2009
The Financial Services Authority has calculated that, by the end of Q3 2008, 340,000 mortgages were in arrears. This figure dwarfs the Council of Mortgage Lenders’ 210,000 predicted arrears cases by the end of 2008. It found there was a huge rise in arre... more
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