Unsecured Loans - From the 'papers

19 October 2009 - nvestigation into online pricing practises

Weekly Financial News Roundup There was another blow for Sterling, on Monday, with the announcement that the Consumer Prices Index (CPI) fell to its lowest level for five years, at 1.1%, in September. The pound fell to six-month low against the euro, at €1.0628 and a five-month low against the ... More

14 September 2009 - Gold is an attractive investment in times of inflation

Weekly Financial News Roundup British confectionery company, Cadbury, was the subject of a bid worth $16.7 billion (£10.2 billion) from Kraft Foods, Inc., on Monday. Kraft is the second largest food company in the world by annual revenue and the move would, potentially, create a company with ... More

13 July 2009 - plans for financial reform

Weekly Financial News Roundup The motor industry, on both sides of the Atlantic, was at the heart of the financial news on Monday. In the US, a bankruptcy plan for General Motors (GM) was approved, allowing its profitable assets to be transferred to a new firm, backed by the US government, ... More

2 June 2009 - Unemployment, above 2 million for the first time in 12 years

Weekly Financial News Roundup Despite earlier moves by Marks & Spencer to quash speculation that its Executive Chairman, Sir Stuart Rose, would be stepping down before July 2011, Sir Stuart himself said for the first time in public on Monday that he hopes to step down before that date. He was ... More

27 April 2009 - All about the Budget

Weekly Financial News Roundup Unusually, some sporting news to start the week, as Barclays Premier League football clubs Chelsea, Liverpool and Manchester United – all heavily indebted – were criticised by the All Party Football Group for what it described as "ludicrous levels of borrowing", ... More

26 January 2009 - Rescue Plan for British Banks Weekly Financial News Roundup

Weekly Financial News Roundup The opening gambit of the financial week was the announcement on Monday of a second rescue plan for British banks. Prime Minister Gordon Brown and Chancellor of the Exchequer Alistair Darling are proposing to pump hundreds of billions of pounds into banks in an ... More

19 January 2009 - Weekly Financial News Roundup, Get the UK Lending

Weekly Financial News Roundup The start of the week produced a glimmer of hope for homeowners, and prospective homeowners, when it was revealed that one of the plans under discussion at a meeting of leading British bankers – held at Chequers, at the weekend – was for the implementation of the ... More

12 January 2009 - Lending in 2009, "Weekly Financial News Roundup

Weekly Financial News Roundup The first full week of 2009 was characterised by gloomy trading updates with few exceptions, from the retail sector and the announcement of a further 0.5% cut in the Bank Rate. Taking it to below 2% for the first time since the Bank of England was founded, 315 ... More

16 December 2008 - News from the week "all this gloom just before Christmas"!!

An optimistic start to the week, with the announcement of financial stimulus plans in the United States, and elsewhere, providing the impetus for share price rises on stock markets across Europe and Asia. The Hang Seng in Hong Kong and the Nikkei in Japan, rose by 5% and 9% respectively, while ... More

8 December 2008 - Base rate cuts, Job Losses and we are told to spend?

Weekly Financial News Roundup Following its record 13.4% rise during last week – which, nevertheless left it 34% lower for 2008 as a whole – the FTSE 100 opened 30 points or 0.8% lower on Monday morning. This was due in part to a fall in mining stocks, and retailers were also under close ... More

1 December 2008 - Whats happened in the news this week? More borrowing

The main financial news at the start of the week was a significant change of direction by the Labour Government, in terms of economic policy as announced by Chancellor, Alistair Darling, in his pre-Budget report at 3.30 p.m. on Monday. As widely anticipated – but nevertheless perceived as a ... More

17 November 2008 - More Job Losses Throughout the Financial and Telecom Sectors.

Weekly Financial News Roundup The week began with news of preparations for a meeting of the "Group of 20" (G20) – a forum of finance ministers and governors of central banks from industrial, and developing nations, including Australia, China, India and South Korea, for example – in Washington ... More

9 August 2008 - Moving On - Cost of New Mortgages Begins to Drop

Although house prices continue to fall, there is a glimmer of hope in the housing market as the cost of new mortgages slowly begins to fall. New figures out from Nationwide earlier this week showed that house prices fell once more in July and recorded their largest year-on-year drop since the ... More

9 July 2008 - Ouch! How to avoid that Christmas Debt Hangover

Christmas can be a very expensive time of the year, as we all know. The UK spends £20bn on celebrating Christmas. During the festive period around 10 million turkeys and 25 million Christmas puddings are eaten, and 35 million bottles of wine opened and drunk. £1.6bn is spent on food and drink ... More

7 July 2008 - Sleepless Nights as Loans Squeeze Tightens

More people than ever are lying awake at night worrying about money, with the housing market and rising fuel costs being the main areas of concern. Thousands of homeowners are facing negative equity, whilst those looking to borrow money are finding it more and more difficult. The rising costs of ... More

30 June 2008 - We’re all going on a Christmas Holiday

Although most of us spend Christmas at home with the family in front of the TV, a significant number of Britons now decide to go abroad for Christmas. Over 2.5million Brits are expected to travel abroad for the last ten days of the year. The Christmas holiday exodus is rivalling the great Easter ... More

25 June 2008 - A Perfect Christmas?

What makes your perfect Christmas? Is it the sight of their excited faces as they wake up to see what Santa brought them? Or maybe it’s seeing the whole family sitting round the table pulling crackers and reading out the silly jokes? Or perhaps for you, it’s a romantic meal for two sat in a log ... More

28 January 2008 - Hey, Big Spender!

A report out this week shows that one in ten Britons are regularly spending more than they earn. According to financial comparison site, Uswitch, 5 million of us have an expenditure that exceeds our income on a monthly basis. Another 1 in 5 have no spare money left at the end of each month, and ... More

24 December 2007 - 'Tis the season to start spending

As the Christmas shopping frenzy escalates, hundreds of thousands of families in the UK continue to take out unsecured loans to finance their spending spree. Many are already trapped into a relentless cycle of debt as they borrow money and use credit cards to fulfil the 'Christmas Dream'. Reports ... More

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