UK Finance News

London’s FTSE 100 index slid into ‘bear market’ territory amid fears that the UK economy could fall into recession.
Speculation that two US mortgage providers might have to raise fresh capital and make further write-downs prompted a ’sell off’ on Wall Street, making things very uncomfortable for a host of financial stocks on the UK market.
Richard Hunter, head [...]

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Good advice from The Daily Mail This Is Money section, for the 1.4 million of us who hold shares in HBOS, a document outlining the companies rights issue should now be in your possession.
Put it through the shredder is the advice being given and should not even be a consideration. HBOS share price on 1st [...]

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Pressure from the government to avert another Northern Rock crisis has led to Alistair Darling announcing new proposals which have been put forward to the Financial Services Authority for approval.
The chancellor wants the current limit for compensation raised from £35,000 to £50,000. However Banks have already hit out at the idea of paying into a [...]

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