February 2009 - From the 'papers

Bank Accounts - Bad news for the Lloyds Banking Group

Weekly Financial News Roundup The week opened with further bad news for the Lloyds Banking Group. Shares in the Group, in which the British Government now has a 43% stake, fell by 7% in early trading on Monday compounding a loss of 32% the previous Friday as investors struggled to come to terms... More

Debt Consolidation - Bank Loans, Bank Rates, Bank Debt!!

Weekly Financial News Roundup The week opened with good news for Barclays Bank which, despite issuing warnings regarding its earnings and impairments – including $8 billion in writedowns – two weeks ago, reported pre-tax profits of just over £6 billion. Although down 14% year-on year the figure... More

Homeowner Loans - Base Rate Down, Prices Up, What a Mees!

Weekly Financial News Roundup Those mourning the passing of Woolworths received heartening news, at least to some extent on Monday, with the announcement that the Woolworths brand has been bought by the Barclays twins, Sir David and Sir Frederick, and is to be reincarnated – along with ... More

Remortgage - Mortgage Approvals Rose:- Weekly Financial News Roundup

Weekly Financial News Roundup Prime Minister Gordon Brown opened the week with a speech in which, according to the BBC website, he described the recession – in which Britain finds itself, officially, for the first time since the early Nineties – as "the difficult birth pangs of a new global ... More

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