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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The end is nigh for the humble bank cheque, after more than three hundred years as the payment of choice for many, banks are expected to vote to phase it out in favour of more up to date payment methods.
During the last  forty years credit and debit cards have taken over from bank cheques for [...]

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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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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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The Royal Bank of Scotland (RBS) have announced that it will be withdrawing its RBS and NatWest credit card facilities from customers that do not bank with the group.
The move from the UK’s second biggest card provider is seen as a way of limiting the danger of accepting customers that cannot afford to repay their [...]

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