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Entries from June 2010

Sterling reaches post crisis high against Euro

John Williams - Tuesday 29.06.10, 12:17pm

The pound has risen to its highest level against the Euro since November 2008 as markets show concern ahead of a deadline this week for European banks to repay loans taken out a year ago at low interest rates.
The European Central Bank will offer funds on Wednesday to banks looking to repay loans later [...]

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Tags: Europe · Finance News · Foreign Exchange · Interest Rates · UK economy · World Economy

Debt Solutions

Terry Lane - Wednesday 23.06.10, 13:26pm

With the recession taking over people’s lives and wages, finances have become one of the main concerns for people living all over the world. Many people are losing their homes, and many more are losing their jobs and having their wages decreased. People are having a very hard time finding a living now more than [...]

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Tags: Debt Consolidation

Will today’s budget open doors for Equity Release sector?

John Williams - Tuesday 22.06.10, 16:54pm

The hard hitting implications of today’s first budget announced by Chancellor George Osborne on behalf of the Coalition Government are clear for all to see, we were warned what to expect and the Chancellor has delivered.
But there are some areas of the budget that could stand the equity release sector in good stead for the [...]

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Tags: Budget News · Equity Release

Chancellor George Osborne prepares for tough ride in first budget

John Williams - Monday 21.06.10, 13:14pm

No-one could claim the UK coalition Government have had an easy time of it since forming their partnership, but one thing is certain-things are about to get a whole lot tougher, for all of us.
The Coalition has generally, so far been welcomed by the majority of public and businesses alike, but tomorrow Chancellor George Osborne [...]

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Tags: Budget News · Tax and Duty · UK economy · World Economy

UK Public Sector paying 40% over market value for IT contracts

John Williams - Thursday 17.06.10, 17:55pm

Compass Management Consulting have claimed that analysis of information technology (IT) outsourcing contracts in the UK , shows that the public sector is paying 40% or more above the market rate for outsourced services.
According to Compass Management Consulting, which has analysed contracts within central government over the past 5 years, this means the public sector [...]

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Tags: Public Sector · Savings · UK economy

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