UK Finance News

For many of us the festive season is a time for over indulgence, be it over eating or drinking or over spending on presents for our families and loved ones. It is often our credit cards that take the brunt of the cost for the season and nothing brings on the January blues quite like [...]

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Pre-Christmas independent research released by Money.co.uk today,  suggests that the majority of Brits have made no provision for Christmas expenses this year, increasing the likelihood of a major hit on credit cards and the like over the festive period. Worryingly almost 5 million (10%) of Britons have admitted that they are still paying debts off [...]

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A report today from the British Chamber of Commerce (BCC) is critical of UK bank’s over their reluctance to offer finance to small and medium sized businesses despite the Bank of England’s £200 billion quantitative easing programme.
The BCC say that a third of the businesses it has surveyed have reported that access to finance has [...]

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Research conducted by Newcastle Building Society, the biggest building society in the Nort East, has found that savers are risking getting lower returns on their investments by not utilising the financial information and support that is freely available to them on the market.
With the base rate at an all time low many savers have already [...]

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There was a surge in mortgage approvals for house purchases in September, reaching the highest figure for 18 months and once again surprising the financial ‘experts.’
The number of mortgages approved for September was 56,215, rising from 52,970 in the previous months and well above economists estimates of 54,000.
While consumer confidence in house purchases currently increases [...]

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