It is a very fine line to tread for the State Owned Banks, do they offer financial assistance in the form of mortgages at cut rates to lenders in a bid to re-vitalise the property market as requested of them by the UK Government, or should they protect the tax payers interest by offering deals [...]

UK Finance News
Entries Tagged as 'Personal Finance'
UK Bailed Out Banks Under Fire Over Loan Rates Rip Off
John Williams - Tuesday 09.03.10, 13:51pm
Tags: Banking · Finance News · Interest Rates · Personal Finance · UK economy
UK Banks call for an end to cheque books
John Williams - Thursday 17.12.09, 13:00pm
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 [...]
Tags: Banking · Credit Cards · Finance News · Personal Finance · UK economy
Building Societies sign up to online interest rate auction house to compete for savers cash
John Williams - Monday 14.12.09, 15:41pm
The UK’s Furness and Harpenden building societies have announced that they have signed up to compete for savers’ cash with Europe’s first and largest online interest rate auction house for time deposits, licuro.com.They make up seven UK societies that have signed up to the scheme that offers large lump sum investors the best time deposit [...]
Tags: Banking · Finance News · Interest Rates · Investments · Personal Finance · Savings · UK economy
UK home owners paying off personal debt at record levels
John Williams - Monday 07.12.09, 13:07pm
In a survey of the UK’s leading mortgage lenders conducted by The Independent, it is reported that home owners are more likely to be making bigger payments on mortgages than increasing spending elsewhere.
The report says that more customers in the UK are making inroads into their mortgage debt, with many households keeping repayments at the [...]
Tags: Banking · Interest Rates · Personal Finance · UK economy
Avoiding the financial pitfalls when buying property abroad
John Williams - Tuesday 01.12.09, 13:01pm
As the winter draws in and the recession bites further into our incomes, memories of summer holidays long since passed may start us thinking of next years vacation or even thoughts of a life changing experience of a ‘better life’ overseas.
The ‘easy’ life always sounds attractive, but is the grass really greener? It is worth [...]
Tags: Banking · Europe · Foreign Exchange · Investments · Personal Finance · Property Market · UK economy






