UK Finance News

In attempt to restore some semblance of stability to financial markets and the money-go-round in general, Gordon Brown will be calling on banks to be more upfront about impending ‘bad news’.
The PM will be taking the opportunity of French President Nicolas Sarkozy’s state visit this week to ‘labour’ the point.
Top of the agenda at their [...]

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From the new tax year new limits for your ISA will be in place.
As of 6th April £3,600 can go into your cash ISA or up to £7,200 into stocks and shares.
The yearly total savings limit is £7,200.
ISAs have been around since 1999 and limits have only increased by 3% - not exactly a thrilling [...]

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Their heroic bravery has never been in doubt; the Gurkhas have fought across the globe in conflicts past and present - as part of the British Army.
Ironic then that these Nepalese stalwarts have had to seek a judicial review over the fair
treatment of their army pensions - especially when they thought they had already won [...]

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Interestingly in these troubled times, some economic measures appear stable and
healthy, as the Bank of England decides not to reduce interest rates further in March.
Figures from The Office for National Statistics show UK unemployment down by 32,000 to 1.61m with annualised average earnings rising at 3.7% - in spite of higher rates of headline inflation [...]

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Owners of Halifax, Britain’s biggest mortgage lender, HBOS were the victims of malicious rumours in the City this morning, that saw a collapse in the company’s share prices and the FTSE index.
Shares in HBOS, dropped almost 20% at one stage, forcing the Bank of England to make an unprecedented denial that the bank was in [...]

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