April 2009 - From the 'papers
Unsecured Loans - 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
New Mortgages - Banks are now 70% owned by the British taxpayer
The financial week opened with the news that the City watchdog, the Financial Services Authority (FSA), was to investigate the events leading up to the Government bail-out of Halifax Bank of Scotland (HBOS) and Royal Bank of Scotland (RBS), both of which are now 70% owned by the British taxpayer. ... More
Homeowner Loans - Quantitative easing,has so far injected £26.4 billion into the wider economy.
Weekly Financial News Roundup
The week opened with the unwelcome news that the beleaguered Royal Bank of Scotland (RBS) is to shed 20% of its workforce in its so-called "Group Manufacturing" division, which deals with information technology, bank property, etc., over the next two years. The ... More
Remortgage - house prices fell by 1.9% in March
Weekly Financial News Roundup
There was good news for the Dunfermline Building Society at the start of the week insofar that just 2 days after its sale was announced by the Government, it was revealed that its branches, good loans and deposits were to be bought by the Nationwide. The ... More
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