October 2008 - From the 'papers

Remortgage - What A Financial Week. Banks, Loans, and Mortgages

There was welcome news at the start of the week as business secretary Lord Mandelson, announced a £350 aid package for small and medium sized businesses in the United Kingdom. The announcement followed warnings by the leading independent business organisation, the CBI ("Confederation of British ... More

Bank Accounts - Weekly Financial News Roundup

Weekly Financial News Roundup Turmoil in the financial markets, wildly fluctuating share prices and definitive indicators of a global economic downturn – as if further confirmation were really necessary – dominated the financial news this week. This of course, in the wake of unprecedented events ... More

Payday Loans - Bailing Out the Bankers – Government Loans to Rescue Britain’s Banks

It’s not uncommon for individuals to suddenly find a cash shortfall in their finances, hence the popularity of payday loan services which offer an unsecured, short-term cash advance until payday. However, this morning it was the banks themselves who have had to come and beg for almost £40bn of new... More

Homeowner Loans - Homeowners Hanging On – House Equity Release Falling Out of Favour

Homeowners Hanging On – House Equity Release Falling Out of Favour According to figures from the Bank of England, homeowners in the UK are no longer using house equity release to raise extra money to spend on home improvement projects or other major spending. Instead they are preferring to pay ... More

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