Deflation hits the UK for first time in 50 years
Deflation hits the UK for first time in 50 years Retail price inflation hit a 50 year low official data highlighted. The retail price index which is a wider cost of living ...
FSA Chief Gets Tough on the Square Mile
Hector Sants, the FSA chief executive has said that he is “determined to correct” the attitudes within the square mile that people were not afraid of the FSA. Mr Sants, ...
How do you feel about insuring Lloyds banking groups riskiest asset?
The BBC has just reported that the tax payer is going to take an even bigger stake in the Lloyds banking group. The treasury hopes that by insuring up to ...
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UK banks are reaping an extra £3.5 billion a year on fixed-rate mortgages after...
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UK banks are reaping an extra £3.5 billion a year on fixed-rate mortgages after...
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UK banks are reaping an extra £3.5 billion a year on fixed-rate mortgages after raising margins to 25 times pre-credit crisis levels. More than half of all borrowers were taking out fixes as recently as September, despite expectations that rates would fall, because many loan lenders had in effect pulled out of the tracker market. [Read more of... [Read more of this review]
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