March 2009 - From the 'papers

Debt Consolidation - Quantitative Easing

Weekly Financial News Roundup The principal item of financial news on Monday took place on the other side of the Atlantic, but was important in the U.K. and across Europe for the positive effect it had on stock markets. The U.S. administration announced a so-called "Public-Private Investment ... More

Remortgage - Banks to be lenient towards small businesses

Weekly Financial News Roundup The week opened with the revelation that the average number of jobseekers in the United Kingdom – that is, unemployed people claiming Jobseekers' Allowance – per vacancy advertised in job centres is now as high as 10. Figures released by the Trade Union Council ... More

Homeowner Loans - House prices are down around 20% from their 2007 peak

Weekly Financial News Roundup The financial week opened with the news that Lloyds Banking Group – already 43% owned by the Government – had signed up to the Asset Protection Scheme, in an effort to insure £260 billion of its so-called "toxic" assets against further loss. The Government stake in... More

Bank Accounts - Brown was to hold brief personal talks with Mr. Obama

Weekly Financial News Roundup Economic uncertainty and turmoil in the financial sector, in particular, shook investor confidence once again on Monday. On the London Stock Exchange, the FTSE 100 index briefly touched its lowest level since 2003, whilst in New York the Dow Jones Industrial ... More

Remortgage - Reversal of Government lending policy

Weekly Financial News Roundup The week opened with the news that, in a reversal of Government policy, Northern Rock is to resume mortgage lending with an additional £14 billion of taxpayers' money. Chancellor of the Exchequer, Alistair Darling was quoted on the BBC website saying "It's repaid ... More

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