UK bank HSBC has made the surprise announcement that it has introduced a two year fixed rate mortgage that charges just 1.99%, representing the second lowest rate ever made available for purchasing a new home.
In 2006 Portman Building Society briefly offered a 1.95% deal, but was overloaded with small print clauses that tied customers to [...]
UK Finance News
Entries from September 2009
UK Finance:HSBC slash cost of fixed rate mortgage deal
John Williams - Thursday 03.09.09, 11:24am
Tags: Banking · Interest Rates · Personal Finance · Property Market · UK economy · UK interst rates
UK Finance:’Backing Young Britain’- Government promises work for 85,000 young people
John Williams - Wednesday 02.09.09, 17:37pm
The UK Government says it is determined not to make the same mistakes as their predecessors in the 1980’s and 1990’s recessions when thousands of young people were “left to be written off as a generation lost to work.”
Facing up to the daunting task Prime Minister Gordon Brown is launching the latest employment drive called [...]
Tags: Finance News · Personal Finance · UK economy
UK Finance:Mum’s saving on groceries to treat kids in holidays
John Williams - Tuesday 01.09.09, 11:04am
A report released today by Fairy Liquid reveals that over half of Mothers are struggling to save money on their weekly shop in order to treat their children during the summer holidays.
The research showed that 54% of mums say that they are becoming more savvy with their cash during these difficult times and are attempting [...]
Tags: Personal Finance · Savings · UK economy
