May 2009 - From the 'papers

Remortgage - hold the Bank Rate at 0.5%

Weekly Financial News Roundup The week opened with the news that the resignation of Sir Victor Blank, Chairman of Lloyds Banking Group, had been accepted, following continued criticism of the acquisition of Halifax Bank of Scotland in January. The deal, which was engineered by Sir Victor with ... More

Remortgage -  Bank of England said, in its quarterly Inflation Report

Weekly Financial News Roundup The week opened with the news that government ministers are to consult over a £7 billion plan to install so-called "smart" meters in every British home by the end of 2020 over the next three months. The meters will allow energy suppliers, as well as consumers, to ... More

Debt Consolidation - Financial Services Global Competitiveness Group

Weekly Financial News Roundup. The week opened with the news that the worsening financial crisis worldwide had forced the European Commission to massively downgrade its forecast for European economies. According to the Commission, economies in the eurozone – the geographical and economic area ... More

Remortgage - Average british home at a little under £152,000 or down 15% year-on-year

Weekly Financial News Roundup Any thoughts of a recovery in the U.K. housing market were dealt a blow on Monday with figures from the British Bankers' Association revealing that the number of mortgages approved by major British banks fell by nearly 7% to just over 26,000 in March. Gross ... More

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