UK Finance News

I always considered Jack Straw with his small starched collar shirts to resemble a Dickensian character for some reason, I could imagine him parading around the workhouse delivering his orders to the poor and helpless people.
It appears that the economic secretary to the Treasury is made of even sterner stuff than Jack Straw however, after [...]

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The following post is from the Libertarian Alliance director Sean Gabb. We do not necessarily agree with the views, but consider it worth publishing in full as an alternative view on the expected proposals to be made in tomorrows budget announcement to stave off recession.
The British Government’s Tax and Spending Proposals:
Testing Keynes to Destruction (Again!)
by [...]

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UK home repossessions have grown to 11,300 during the third quarter of 2008 says a report from the Council of Mortgage Lenders (CML).
The previous three months had recorded 10,000 families losing their homes because they were unable to meet mortgage repayments. There was a slight increase in the number of homeowners falling into arrears of [...]

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More customers are ‘rushing’ to put their savings into smaller ‘ecologically correct’ banks according to financial reports today.
The trend was spotted in Belgium, when the credit crunch hit it’s largest bank Fortis, it was Triodos that became one of the most popular banking institutions to benefit. The Triodos ethos of investing in tangible products such [...]

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The drop in  oil prices has been the biggest contributor to the fall in consumer price inflation, October’s figures show a decrease for the first time in a year and are dropping at a record pace according to data released today.
The Office Of National Statistics say that consumer price inflation dropped from 5.2% in September [...]

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