More US Rate Cuts Are Coming
February 20, 2008 | Leave a Comment
As the Governor of the Bank of England, Mervyn King, says that people should not expect the level of base rates cuts that have been talked about for 2008, in the United States they are talking about further slashes in their interest rates.
Rock Decision Could Be Announced Soon
February 18, 2008 | Leave a Comment
The Northern Rock crisis rumbles on, but it is thought that a decision might be made about its future as early as this weekend (16 February).
Northern Rock Adds £100bn to National Debt
February 15, 2008 | Leave a Comment
The Northern Rock fiasco looks likely to add £100bn to the national debt, and Labour’s economic competence is under question as a result.
Credit card consumers seek better rates
February 14, 2008 | Leave a Comment
According to statistics released from MoneyExpert.com, approximately 5.7million credit card customers have switched providers within the last 6months in a desperate attempt to bring their debts under control.
Darling Calls For Long Term Mortgages Again
February 13, 2008 | Leave a Comment
Alistair Darling has re-iterated his call for 25-year fixed rate mortgages. In his speech to the Engineering Employers’ Federation in London he called for a longer term approach to mortgages to become the norm for Britain’s 11.8m mortgage holders.