UK and world daily financial, business and economy news stories | Money Avenue Finance News

House prices in Europe continue to fall

Thu, 18 Apr 2013 11:24:09 +0100

Recent report published by the Eurostat has highlighted problems of the European property market.According to the publication, house prices in the Euro Area have...

Barclaycard Launches 6% Cashback and Freedom Rewards Credit Cards

Mon, 01 Oct 2012 07:25:27 +0100

Those willing not only to spend money but also to save it, will definitely appreciate the new product launched by Barclaycard.The all-new cashback credit card pays...

UK Insurers Pay 200 Million Pounds in Claims Daily – ABI

Fri, 28 Sep 2012 07:07:35 +0100

The latest report published by the Association of British Insurers on September 27, suggests that UK insurers pay almost 200 million pounds in claims daily.This...

Yorkshire Building Society Cuts Rates for Borrowers with 10% Deposit

Thu, 27 Sep 2012 07:37:15 +0100

Following the example of other UK lenders that have already taken advantage of Funding for Lending scheme and cut mortgage rates for first-time buyers and borrowers...

Leeds Building Society Launches 10-Year Mortgage

Wed, 26 Sep 2012 06:28:10 +0100

Earlier, we have reported that demand for long-term mortgages in the UK has risen. Most banks were offering 7-year mortgages, but yesterday, Leeds Building Society...

Protect Your Bank Cards with Sophisticated PIN Numbers – Data Genetics

Tue, 25 Sep 2012 07:20:45 +0100

Research by Data Genetics suggests that criminals can guess PIN numbers in 10% of cases; experts are determined that such statistics is due to the fact that Brits...

Brits’ Income to Fall by 15% By 2020, Study Shows

Mon, 24 Sep 2012 05:23:06 +0100

The latest report by Institute for Employment Research (IER) and Institute for Fiscal Studies (IFS) carried out on behalf of Resolution Foundation suggests that...

Santander Launches 2-Year ISA Paying 3.3%

Fri, 21 Sep 2012 06:55:15 +0100

Recently the Spanish-based lender Santander announced the launch of an exclusive offer for savers. Bank's existing customers - credit card holders or 123 current...

High-Street Lenders in UK Offer Unacceptable Customer Service – Which?

Thu, 20 Sep 2012 07:19:28 +0100

The latest report by independent consumer agency Which? suggests that all major lenders in the UK offer poor customer service.Whereas the national average score...

Aviva Tells the History of Car Insurance Industry

Wed, 19 Sep 2012 07:07:31 +0100

Aviva, one of the leading UK insurance companies that has been working on this market for over 100 year, opened its own archive of car insurance claims. By doing...

7-Year Mortgages for First-timer Buyers Launched by Lloyds TSB and Halifax

Tue, 18 Sep 2012 07:17:26 +0100

Lloyds TSB and Halifax have reported the launch of a new 7-year mortgage for first-time buyers.The two deals are almost the same, as both are offered at a rate of...

UK Car Insurance Prices Fall by 4% in September

Mon, 17 Sep 2012 05:08:33 +0100

The latest report by Tiger, UK-based comparison website specialising in car insurance, suggests that car insurance premiums have fallen in September. The month-on...

CML Reports a Fall in Mortgage Deposit for First-time Buyers

Fri, 14 Sep 2012 06:40:19 +0100

The latest report by the Council of Mortgage Lenders (CML) published on September, 12th, suggests that the number of home loans increased in July.The month-on-month...

UK Credit Card Lending Falls at Record Rate – BoE

Thu, 13 Sep 2012 06:41:15 +0100

According to the official figures released by the Bank of England, credit card lending in the UK has decreased in July at the sharpest rate in 6 years.147 million...

Santander Cuts Mortgage Rates for First-time Buyers

Tue, 11 Sep 2012 07:02:33 +0100

Last week, Santander followed the example of other lenders and announced reductions in mortgage rates for first-time buyers.Thanks to the Funding for Lending Scheme...

Changes Made to ATOL Travel Cover – LV=

Mon, 10 Sep 2012 07:48:27 +0100

UK insurance company LV= informs UK travellers of the changes to ATOL (Air Travel Organisers' Licensing) scheme. Earlier, tourists who bought holiday package were...

Amazon Opens New Centre in the UK, 600 Jobs Created

Fri, 07 Sep 2012 06:51:36 +0100

Yesterday, on September 6th, US-based online retailer, Amazon, opened a new distribution centre in the UK creating 600 jobs. The company already has offices in 7...

Students Are Reminded about the Importance of Contents Insurance

Thu, 06 Sep 2012 03:48:32 +0100

As the new school year is about to begin, UK-based comparison website MoneySupermarket has reminded students about contents insurance. Nowadays undergraduates...

HSBC Launches New Attractive Mortgages for First-time Buyers

Wed, 05 Sep 2012 03:49:50 +0100

Earlier, we have already reported that HSBC bank - the one that was the first to slash mortgage interest rates upon the beginning of Funding for Lending programme...

Santander Extends Exclusive Student Account Offer

Tue, 04 Sep 2012 06:48:13 +0100

One of the leading UK banks, Santander has extended its super offer for students who had no time to set up an account before September, 1st. The 50 pounds switching...

UK Unemployment Levels Are Worrying – ONS

Mon, 03 Sep 2012 06:20:39 +0100

The latest report by the Office for National Statistics suggests that the number of UK households, where no one ever had a job, now stands at 340,000. This is 20...

Level of Mortgage Affordability in UK Hits 15-Year High

Fri, 31 Aug 2012 06:09:47 +0100

The latest report by Halifax bank suggests that home loans in the UK are now at their most affordable level for the past 15 years.As such, an average mortgage payment...

Keep Off the British Roads on September, 1st – AXA

Thu, 30 Aug 2012 06:43:21 +0100

As the 1st September is coming, UK insurance company AXA warns drivers against careless driving on that day.Company's statistics suggests that 1st September has...

Leeds BS Launches Mortgages at Record Low Rates

Wed, 29 Aug 2012 06:10:55 +0100

Last week, Leeds Building Society was the first to announce the launch of 80% LTV mortgages at record low interest rates.Earlier this summer, such banks as HSBC...

UK House Prices Fall by 0.1% in July – Hometrack

Tue, 28 Aug 2012 07:02:35 +0100

According to the latest report by Hometrack, UK house prices have decreased by 0.1% in August, marking the second consecutive month of decline. On an annual basis...

Aviva UK Is to Axe 800 Jobs in General and Life Insurance

Mon, 27 Aug 2012 06:04:16 +0100

On Friday, Aviva, one of the leading global insurance companies, announced it might axe 800 jobs in the UK.At most risk are middle managers jobs in general insurance...

Messy Bedrooms Likely to Put Buyers Off Buying UK Property

Fri, 24 Aug 2012 03:59:36 +0100

A recent survey by ING Direct performed among UK homebuyers revealed that 40% of them will be less likely to buy a property if they see messy bedrooms.Also, the...

Most Uninsured Drivers Live in Birmingham – MIB

Thu, 23 Aug 2012 07:35:57 +0100

According to the latest report by Motor Insurance Bureau, the millionth uninsured vehicle was to be seized by UK police in Birmingham 2 days ago.This city is considered...

HSBC Withdraws Its Cheapest Mortgage

Wed, 22 Aug 2012 06:24:58 +0100

Last month we have reported that HSBC was the first UK bank to bring the Funding for Lending programme by the Bank of England to borrowers as it launched its 60...

Brits Think Life Insurance Is Too Expensive – Beagle Street

Tue, 21 Aug 2012 06:48:05 +0100

According to the results of the research commissioned by Beagle Street, online insurance provider, over 50% of Brits are not taking out life insurance, thus risking...

Skipton Building Society Cuts Mortgage Rates

Tue, 21 Aug 2012 06:46:19 +0100

Yesterday, on August 14th, Skipton Building Society announced a cut in mortgage interest rates.Skipton BS is another lender, that followed the suit of HSBC, Santander...

UK Mortgage Lending Rises 8% in July 2012 – CML

Tue, 21 Aug 2012 06:42:58 +0100

The latest report by the Council of Mortgage Lenders (CML) published on August, 20th, suggests that mortgage lending has increased by 8% in July and reached 12.7...

UK Property Used to Be Three Times More Affordable a Decade Ago

Mon, 20 Aug 2012 06:50:26 +0100

The latest figures by National Housing Federation suggest that house prices in the UK have increased at more than 3 times the rate of wages between 2001 and 2011...

Hull Tops the List of Most Affordable Cities for First-time Buyers

Tue, 14 Aug 2012 06:04:30 +0100

The latest research by Adzuna revealed that Hull is the UK city with the most affordable properties for first-time buyers.Researchers calculated the property affordability...

Healthcare Insurance Sales Fall by 5% in 2012 – Bupa

Mon, 13 Aug 2012 06:17:04 +0100

The latest figures revealed by UK private health insurance company Bupa suggest that the number of its customers has fallen by 5% due to economic uncertainty and...

Santander Cuts Mortgages Rates on a Range of Products

Thu, 09 Aug 2012 07:05:59 +0100

Earlier, we have already reported that Santander has cut interest rates on mortgages for first-time buyers and cash-rich buyers.Today, however, the bank made another...

Tourists Boost Credit Card Spending in the UK

Wed, 08 Aug 2012 06:40:40 +0100

According to the latest report by the Visa system, credit card spending in the UK was up by 8% in the first week of Olympic Games.Restaurants, theatres, tourist...

Leeds Building Society Cuts Buy to Let Mortgage Rates

Tue, 07 Aug 2012 07:12:46 +0100

Yesterday, on August 6th, another lender announced a cut in mortgage rates.This time, Leeds Building Society said it slashes interest rates on buy to let mortgages...

Santander Cuts Mortgage Rates for First-time Buyers

Mon, 06 Aug 2012 06:51:48 +0100

While most UK banks are cutting interest rates on mortgages for cash-rich buyers, Santander has launched new mortgage deals for first-time buyers.The new deals for...

Nationwide Launches 4-Year Fixed Mortgage at 2.89%

Fri, 03 Aug 2012 03:17:57 +0100

On August 1st another UK lender announced a new mortgage deal at a record low rate.This time, existing Nationwide Flex account holders with 40% deposit can take...

Brits Reduce Debt Level but Are Still Concerned Over Finances

Thu, 02 Aug 2012 07:35:05 +0100

According to an opinion poll performed by MoneySupermarket, Brits have reduced their debt last year but are still concerned about finances.As such, almost 35% of...

NatWest Offers 5-Year Mortgage at 2.95%

Tue, 31 Jul 2012 07:07:04 +0100

Earlier, we have reported that UK banks are slashing interest rates on mortgage deals. For instance, HSBC and Barclays have cut interest rates to 2.99% for those...

First Direct Cuts Mortgage Rates on Standard and Fee-free Products

Mon, 30 Jul 2012 07:12:59 +0100

On Friday, July 27th, Coventry Building Society, announced a cut in mortgage interest rates on both, standard and fee-free deals.Now, the lender's leading deal Fixed...

Unique Offer for Investors from Islamic Bank of Britain

Fri, 27 Jul 2012 06:54:46 +0100

On Saturday, July 21st, UK-based Islamic Bank of Britain (IBB) announced the launch of a new savings bond paying 4%.The 2-year fixed term deposit savings bond pays...

Car and Home Insurance Premiums Set to Rise

Thu, 26 Jul 2012 06:57:23 +0100

According to the latest AA insurance index, car insurance premiums have increased by 8.5% in Q2 2012, after 2 quarters of stability.Now, an average insurance premium...

London Olympics-2012 Help Boost UK Jobs Market

Wed, 25 Jul 2012 07:26:11 +0100

According to the latest report by The Office for National Statistics (ONS), the situation on the UK jobs market has stabilised, mainly thanks to Olympic Games in...

Santander Launches 2.99% Fixed-rate Mortgage in the UK

Mon, 23 Jul 2012 07:24:38 +0100

Last week we have already reported that one of UK leading lenders - HSBC - has launched a fixed mortgage for cash-rich customers at a record low rate of 2.99%.Another...

Brits Feel Secure in Their Jobs – Legal & General

Fri, 20 Jul 2012 07:00:23 +0100

The latest Job Security Index by Legal & General suggests that most Brits feel secure in their jobs.Despite the fact that many companies are announcing job cuts...

AA Launches Savings Bond Paying 3.8% AER

Thu, 19 Jul 2012 06:47:25 +0100

Yesterday, on July 18th, it was revealed that AA launches new fixed rate savings bond paying as much as 3.8% AER.The best thing about this deal is absolute absence...

Investment in Innovation in the UK Drops – NESTA

Wed, 18 Jul 2012 06:56:52 +0100

According to the National Endowment for Science, Technology and the Arts (NESTA), the flow of investment in innovation in the UK has fallen significantly since 2008...

Brits Can Save Up to 125 Pounds a Year on Home Insurance

Tue, 17 Jul 2012 07:24:24 +0100

According to the latest research by MoneySupermarket, Brits are wasting 125 pounds per household, or 687 million pounds in total per year by not switching insurance...

HSBC Launches New Mortgage Deals at Record Low Rates

Mon, 16 Jul 2012 06:27:46 +0100

On July 12, one of the leading UK lenders - HSBC bank - launched two new mortgage deals at a record low interest rate.Now, borrowers who have a 40% deposit, can...

17% Of Retired Brits Still Repay Mortgage Debt

Fri, 13 Jul 2012 06:03:52 +0100

In its Real Retirement report, Aviva, UK leading insurance company, revealed that 17% of Brits aged 55+ are still paying off mortgages.The average amount of money...

Royal Bank of Scotland Is Sending Jobs to India

Wed, 11 Jul 2012 07:00:39 +0100

Earlier, we have already reported that one of the leading UK banks, Royal Bank of Scotland (that owns NatWest and Ulster Bank) is axing jobs.Now, it has been revealed...

Lloyds TSB Launches New Student Account with Benefits

Tue, 10 Jul 2012 07:27:28 +0100

As the new school year is about to start, Lloyds TSB has launched its new product, 2012 Student Current Account that offers students lots of benefits.First, students...

Brits Prefer Home and Car Insurance to Life Insurance

Mon, 09 Jul 2012 06:57:09 +0100

The latest research by Zurich insurance company suggests that Brits are more concerned with their cars and homes than with their life.According to figures, revealed...

Married Couples with Children Care about Life Insurance

Fri, 06 Jul 2012 07:36:45 +0100

The latest research by Sainsbury’s Life Insurance revealed that modern families are more likely to face financial difficulties in the event of death or serious...

Chelsea Building Society Launches New Long-term Mortgage Deals

Thu, 05 Jul 2012 07:24:14 +0100

Recently, Chelsea Building Society said that it has faced a boom in the number of customers enquiring about long-term mortgages. In the opinion of Chelsea experts...

MBNA and Manchester United Relaunch Reds Credit Card

Wed, 04 Jul 2012 07:31:15 +0100

Yesterday, Manchester United Football Club and MBNA bank announced that they have renewed their contract and relaunched Manchester United credit card.This is a great...

UK Jobs Market Is Healthier Than a Year Ago

Tue, 03 Jul 2012 03:46:39 +0100

The latest report by employment company Reed suggests that new job vacancies increased by more than 7% in June compared to last year.Job vacancies increased across...

Metro Bank to Offer Mortgage Loans via Brokers

Mon, 02 Jul 2012 06:46:47 +0100

UK lender, Metro Bank, announced last week its plans to launch a pilot project to offer mortgage loans via brokers.At the moment, the bank has signed an agreement...

Leeds Building Society Cuts Interest Rates on Buy to Let Deals

Fri, 29 Jun 2012 07:47:52 +0100

Yesterday, Leeds Building Society announced the launch of two new fixed rate buy to let deals.In fact, those are not the brand new mortgage deals, but rather existing...

Aviva and Tesco Announce New Insurance Deal

Thu, 28 Jun 2012 07:15:09 +0100

Yesterday, Aviva and Tesco announced they have agreed a 5-year deal, under which the insurance company will provide life protection for the retailer's customers...

Halifax to Offer Refund of Valuation Costs to Borrowers

Wed, 27 Jun 2012 09:22:16 +0100

Yestrday, on June 26th Halifax was the first British bank to announce that it offers refund of valuation costs to borrowers if their property purchase falls through...

Specialised Student Insurance Offered by Endsleigh

Tue, 26 Jun 2012 07:26:27 +0100

Endsleigh, a specialised student insurance companies, reminds all UK undergraduates to double-check whether their possessions are covered while living on campus...

Downgrades by Moody’s Might Lead to Increase in Mortgage Rates

Mon, 25 Jun 2012 07:09:33 +0100

Last Thursday Moody's downgraded 15 leading banks worldwide. In the UK, scores were slashed for Barclays, HSBC, Royal Bank of Scotland and Lloyds Banking Group because...

UK Drivers Are Not Satisfied with Claims Process and Insurance Costs

Fri, 22 Jun 2012 06:54:36 +0100

The latest study performed by OnePoll on behalf of InterResolve revealed that UK drivers believe insurance costs are unfair and that the claims process is too complicated...

UK Unemployment Rate Now Stands at 8.2%

Thu, 21 Jun 2012 07:07:38 +0100

The latest figures by the Office for National Statistics suggest that unemployment level in the UK has fallen to 8.2% in the three months to April as the number...

UK Family Debt Increases by 58% Compared to 2011

Wed, 20 Jun 2012 06:13:16 +0100

The latest Aviva Family Finances Report revealed that debt that an average UK family has now stands at 9,314 pounds. This is 58% higher than in March 2011, when...

UK Savers Lose Up to 18 Billion Pounds a Year

Tue, 19 Jun 2012 07:10:05 +0100

The latest research by UHY Hacker Young, UK-based chartered accountants, Brits are losing up to 18 billion pounds a year by putting their money into savings accounts...

Brits Do Not Buy Into Mobile Phone Insurance

Mon, 18 Jun 2012 07:09:23 +0100

The latest report by Virgin Media suggests that Brits feel skeptical about mobile phone insurance.The survey performed among 1000 Brits revealed that 72% of them...

New Telematics Insurance Provider Added to Confused Panel

Fri, 15 Jun 2012 07:47:01 +0100

Yesterday, on June 14th one of the leading UK comparison websites announced that it added a new insurance provider to its panel.Lately, telematics car insurance...

UK Car Insurance Premiums Fall by 6%, But Not for Women

Thu, 14 Jun 2012 07:03:01 +0100

One of the latest reports found out that car insurance premiums have fallen 6.2% since last June. This month, prices have fallen by another 0.6% and yet women are...

UK Property Sales Down by 40% Since 2007

Wed, 13 Jun 2012 07:07:20 +0100

The latest market survey by the Royal Institution of Chartered Surveyors (RICS) revealed that property sales have fallen by almost 40% in the past 5 years.In 2007...

Yorkshire Building Society Cuts Rates on First-time Buyers Mortgages

Mon, 11 Jun 2012 06:24:01 +0100

Last week, the Yorkshire Building Society announced a cut in first-time buyer mortgage interest rates by 0.25%.From June, 8th, Yorkshire Building Society offers...

List of Cheapest Cars to Insure Compiled in UK

Fri, 08 Jun 2012 06:33:35 +0100

Car insurance is known to be very expensive with young drivers being hit the most. According to AA British Insurance Premium Index, the average premium young drivers...

Scotch Whiskey Producers to Create New Jobs

Thu, 07 Jun 2012 07:32:56 +0100

World's biggest producers of scotch whiskey - Diageo known for Johnnie Walker and Pernod Ricard known for Chivas Brothers - are planning to make investments into...

AA Insurance Won’t Penalise Drivers for Car Accidents

Wed, 06 Jun 2012 06:47:07 +0100

Recently the AA Insurance announced that its customers will not lose no-claims discount and other bonuses should they get in an accident with an uninsured driver...

Virgin Money Reduces Fixed Mortgage Rates by 0.2%

Thu, 31 May 2012 07:13:24 +0100

Yesterday, we have reported that Barclays slashed mortgage rates by 0.2% unlike other banks that tend to increase rates.Now, however, we are happy to announce that...

Barclays Slashes Interest Rates on 2-Year Mortgage

Wed, 30 May 2012 07:01:53 +0100

Yesterday, on May 29th Barclays announced a cut in its 2-year fixed mortgage, Great Escape.The loan, available for borrowers with a 30% deposit, is mainly aimed...

UK Women Outnumbered by Men When It Comes to Top Jobs

Tue, 29 May 2012 07:09:30 +0100

The latest figures revealed by BBC News suggest that women hold less than one third of top jobs in the UK. BBC experts analysed several sectors, including politics...

First-time Buyers Priced out of London Property Market – RBS Group

Mon, 28 May 2012 07:03:38 +0100

RBS Group, one of the leading mortgage lenders in the UK, recently warned that first-time buyers are being priced out of the property market in London.According...

More Vacancies to Be Opened in UK This Summer

Thu, 24 May 2012 08:12:08 +0100

The latest report by Chartered Institute of Personnel and Development (CIPD) for Q1 2012 suggests that the UK jobs market is to improve in the coming months.The...

Read Before You Sign Travel Insurance Policy – Which?

Wed, 23 May 2012 06:58:34 +0100

Recent overview of the travel insurance market in UK performed by Which?, independent consumer group, revealed that most insurers have tricky clauses in the small...

It’s Cheaper to Rent UK Prime Property than to Buy It

Tue, 22 May 2012 05:03:28 +0100

PrimeLocation recently published its latest Prime Rental Index, which revealed that it is cheaper to rent prime property in UK than to buy it.Company's data showed...

Young Drivers Pay Six Time More for Car Insurance than Pensioners

Mon, 21 May 2012 07:13:51 +0100

The latest study by Confused revealed that young drivers pay almost 6 times for their car insurance than pensioners.As such, drivers aged 18-21 pay almost 2,500...

Nationwide Cuts Mortgage Interest Rates by 0.1%

Fri, 18 May 2012 07:32:29 +0100

Today, on May 18th UK-based Nationwide Building Society announced a cut in mortgage rates on fixed deals for 3 and 5 years.Now, borrowers can take advantage of a...

Texting and Driving Is Dangerous – Swinton Bikes

Thu, 17 May 2012 06:55:15 +0100

Swinton Bikes, branch of Swinton insurance company, specialising in motorbike cover, offers support for bikers who are affected by rude drivers.The survey performed...

Halifax Offers to Pay Stamp Duty for Borrowers

Tue, 15 May 2012 06:56:00 +0100

Halifax bank launched a new offer for first-time buyers and all other borrowers willing to finance the purchase of a home priced at 125,000-250,000 pounds.The bank...

UK Repossessions Stable in Q1 2012 – CML

Mon, 14 May 2012 06:16:59 +0100

According to a recent report by the Council of Mortgage Lenders (CML), published last week, the number of homes repossessed in Q1 2012 remained the same as in Q1...

10% of Brits Consider Making False Insurance Claim

Fri, 11 May 2012 06:43:09 +0100

The latest survey performed by MoneySupermarket revealed that 10% of Brits affected by the recession consider making a fraudulent claim to their insurance company...

More worries for financial sector as Clydesdale and Yorkshire Banks to cut 1400 jobs

Tue, 01 May 2012 06:45:31 +0100

News about the UK economy sliding into a double dip recession and continuing problems in the euro-zone do not bring much hope for UK businesses and consumers alike...

UK Unemployment Falls to 8.3% - ONS

Wed, 25 Apr 2012 05:48:24 +0100

The latest report by the Office for National Statistics (ONS) suggests that UK unemployment fell in the months from December to February from 8.4% to 8.3% or 35...

Aviva Almost Fired 1300 Workers by Mistake

Tue, 24 Apr 2012 06:25:48 +0100

On Friday, April 20th Aviva accidentally send an email with leaving instructions to 1,300 employees instead of one departing employee.The human resources department...

20% Discount on Pet Insurance with The Co-op

Mon, 23 Apr 2012 05:45:25 +0100

One of the British insurance companies, The Co-operative, recently announced its commitment to celebrate National Pet Month. In an attempt to do so, the company...

UK Insurers Charge Costly Hidden Fees – Which?

Tue, 17 Apr 2012 06:49:21 +0100

The latest research by Which?, independent consumer group, revealed that many UK insurers charge huge hidden fees for basic changes in insurance policies and policy...

UK Commercial Property Sector Sees Increased Activity in March

Mon, 16 Apr 2012 07:12:52 +0100

The latest research performed by Markit for Savill's, the results of which were published on Friday April 13th, suggests that activity on the UK commercial property...

HSBC Approves 4.9 Billion in Mortgages in Q1

Fri, 13 Apr 2012 07:00:53 +0100

According to the latest report by HSBC, the bank is on the way to achieve its target of lending 15 billion pounds in mortgages.Peter Dockar, head of mortgages at...

UK Mortgage Fees Rise by 27% in 3 Years

Thu, 12 Apr 2012 07:33:34 +0100

The latest report by Moneyfacts suggests that UK mortgage fees have increased by almost one third in the past 3 years.Mortgage rates have been steadily falling since...

New Buyers’ Inquiries Increase in March – RICS

Wed, 11 Apr 2012 07:13:03 +0100

According to the latest report by the Royal Institute of Chartered Surveyors, activity on the UK property market increased in March. As many as 9% more surveyors...

London Rent Rates Fall by 0.8% in Q1 2012

Tue, 10 Apr 2012 05:19:08 +0100

According to the latest Prime Central London Lettings Index published in March 2012 by Knihgt Frank, commercial property rent rates in London fell by 0.1%, taking...

Telematics Insurance Is Safer and Cheaper for Young Drivers

Mon, 09 Apr 2012 06:46:54 +0100

According to the latest report by The Co-operative Insurance, telematics makes it safer for young Brits to drive the car.As such, the number of car crashes and serious...

British Drivers try to Avoid Parallel Parking

Fri, 06 Apr 2012 03:18:18 +0100

The latest report by Elephant, UK-based comparison website for car insurance, revealed that British drivers do not know how to use parallel parking technique.The...

UK Insurers Sign an Agreement to Offer Cover for Older Brits

Thu, 05 Apr 2012 07:12:00 +0100

Yesterday, on April 4th the Association of British Insurers that it has made an agreement with the UK Government and the British Insurance Brokers' Association.Under...

Energy Performance Certificates to Offer Better Advice

Wed, 04 Apr 2012 03:51:21 +0100

The UK government recently announced that homeowners, house buyers and tenants will be offered a better and clearer advice on energy efficiency of their homes.The...

UK Building Societies Increase Mortgage Lending in February

Tue, 03 Apr 2012 07:07:11 +0100

According to the latest figures revealed by Building Societies Association (BSA), the number of mortgages given out by UK building societies increased significantly...

UK Drivers Do Not Know Speed Limits

Mon, 02 Apr 2012 07:19:54 +0100

According to the latest report by LV= Insurance, the vast majority of UK drivers do not know the speed limits on different roads. As such, over 70% of motorists...

UK House Prices Fall by 1% in March – Nationwide

Fri, 30 Mar 2012 07:04:19 +0100

According to the latest report published by Nationwide Building Society on Thursday, March 29th, house prices in the UK fell by 1% this month.On the quarterly basis...

RBS and NatWest Change Interest-only Mortgage Lending Rules

Thu, 29 Mar 2012 06:59:26 +0100

Following the example of Santander, Halifax and Nationwide, Royal Bank of Scotland and Natwest said that they are changing interest-only mortgage rules.The banks...

UK Car Insurance Premiums Fall by 0.8% in March

Wed, 28 Mar 2012 05:27:24 +0100

According to the latest report, Tiger Watch, by Tiger, UK comparison website the price of car insurance fell by 0.8% in March 2012. This took the annual fall in...

Nationwide Announces a Rise in ISA Rates

Tue, 27 Mar 2012 06:20:19 +0100

The Nationwide building society announced on Monday the launch on new rates on some its ISA products.For example, the six-month fixed ISA, currently paying 2.77...

UK Property Next to Top Schools Is Priced Higher

Mon, 26 Mar 2012 06:42:30 +0100

We have already reported that house prices near UK schools are higher than in areas more remoted from the most sought-after primaries.Recently, PrimeLocation performed...

PPI Claims Successful in 11% of Cases – Which?

Fri, 23 Mar 2012 04:47:44 +0000

In its latest report, UK independent consumer group Which? warns Brits against the purchase of payment protection insurance, PPI.In the first place, the Financial...

The Co-operative Bank Launches New Mortgages for First-time Buyers

Thu, 22 Mar 2012 04:26:57 +0000

The Government is to end the Stamp Duty holiday for first-time buyers in 2 days, on March 24th. If you have no chance to complete the house purchase by that time...

Brits Ready to Quit Jobs Because of Fuel Prices

Wed, 21 Mar 2012 07:17:59 +0000

According to the latest AA/Populus survey, some Brits are going to quit or change their jobs as a result of the increase in fuel prices.Let us remind that a 3.02...

Payments on the Go with PayPal Here

Tue, 20 Mar 2012 05:34:37 +0000

If you have trouble using your credit card on the go, PayPal has a solution for you.A new mobile credit card reader, PayPal Here, plugs into the cell phone's jack...

UK Drivers Expect to Switch to Telematics Technology

Mon, 19 Mar 2012 06:03:13 +0000

According to the latest research by UK comparison portal GoCompare, over 60% of British drivers believe that insurance companies will switch to "black box" or telematics...

It’s Still Cheaper to Buy than to Rent in UK

Thu, 15 Mar 2012 07:15:01 +0000

We have already reported that buying is cheaper than renting in many UK regions. Now, that house prices have grown, property website Zoopla performed another research...

Brits Should Check Their Garden Insurance – Aviva

Wed, 14 Mar 2012 06:29:51 +0000

According to the latest study by Aviva, UK-based insurance company, garden theft increases by 25% when the clocks go forward. Last year, the average haul amounted...

Half of Brits Are Unaware of Their Mortgage Rate

Tue, 13 Mar 2012 07:08:10 +0000

The latest survey performed by website Unbiased revealed that over 50% of Brits do not know how much they are paying for their mortgage loans.As many as 49% of mortgage...

UK Job Market Improves in February 2012

Mon, 12 Mar 2012 07:11:42 +0000

According to the latest report by Recruitment and Employment Confederation (REC) published last week, the number of permanent jobs in the UK rose significantly in...

Nissan to Manufacture New Vehicle in UK and to Create New Jobs

Fri, 09 Mar 2012 07:49:38 +0000

On March, 6th on a Geneva motor show Nissan announced that its new Invitation compact vehicle will be manufactured at the Sunderland factory in UK.The production...

Mortgage Fraud Levels in UK Fall by 11% - CIFAS

Wed, 07 Mar 2012 03:32:37 +0000

CIFAS recently revealed that mortgage fraud in the UK fell 11% last year.Even though application fraud remained the most popular type of fraud among Brits, its level...

RBS to Shift 300 Jobs to India

Tue, 06 Mar 2012 07:07:25 +0000

Today, on March 6th, one of the leading UK banks, the Royal Bank of Scotland, announced it will move 300 jobs to India, cutting 215 full-time jobs.According to the...

Top 3 Unobvious Fire Hazards Revealed by Swinton

Mon, 05 Mar 2012 06:52:40 +0000

Recently, Swinton insurance company released a list of fire hazards, which is believed to help Brits spot uncommon problems that oftentimes lead to house fires.In...

Homeowners Can Win 1,000 Pounds by Shopping Around

Fri, 02 Mar 2012 06:55:01 +0000

UK price comparison website, Confused recently announced a giveaway of 4 1,000 pounds certificates among its users who leave a quote for home insurance.This giveaway...

10,000 Jobs to Be Created in Hotel Industry

Thu, 01 Mar 2012 06:27:47 +0000

Whitbread compny that runs the 2 popular hotel chains, Premier Inn and Costa Coffee, announced it plans to create 10,000 jobs in the UK in the next 3 years.The reason...

The Bank of Scotland Tops Financial Ombudsman Service’s List

Wed, 29 Feb 2012 04:12:54 +0000

The latest figures revealed by the Financial Ombudsman Service yesterday, on February 28th suggest that the Bank of Scotland tops the mortgage complaints list. In...

UK Women Give Up Work because of Daycare Bills

Tue, 28 Feb 2012 03:54:33 +0000

The latest national statistics and figures revealed by the Daycare Trust suggest that nursery fees have increased by 6% in 2011, beating the inflation rate. Now...

UK Insurance Websites Fail to Meet Customers’ Needs

Mon, 27 Feb 2012 06:38:28 +0000

According to the latest repost by Global Reviews, "UK Insurance Benchmark Survey," over 25% of British insurance websites do not meet the needs of consumers.The...

UK Hotel Property Market Still Busy – Colliers International

Fri, 24 Feb 2012 07:26:57 +0000

Despite the reports by certain commentators suggesting the market of hotel property in the UK is stagnant, Colliers International claims that the outlook is still...

True Unemployment Level in UK Is Twice as Bad – TUC

Wed, 22 Feb 2012 06:29:28 +0000

According to TUC, UK trade union body, the true unemployment level in the country currently stands at 6.3 million people.Experts are determined that the official...

Unique Floating Home to Be Built in the UK

Tue, 21 Feb 2012 07:00:20 +0000

For the first time in the UK, an approval for the construction of an amphibious home was granted.The modern 225 sq m house designed by Baca Architects will be built...

Platform Slashes Rates on Buy to Let Mortgages

Mon, 20 Feb 2012 07:01:51 +0000

The mortgage arm of the Co-operative Bank, Platform, announced a cut in buy to let mortgage interest rates on Friday, February, 17th.Now, the lender's 2-year fixed...

Skipton Building Society Reduced Rates on Buy to Let Mortgages

Fri, 17 Feb 2012 03:33:19 +0000

Yesterday, on February 16th Skipton Building Society announced a reduction in interest rates on its buy to let mortgages.Landlords with 30% deposit can get a 2-year...

Tesco Credit Card Tops ACG Issuer Brand Index 2011

Thu, 16 Feb 2012 07:16:11 +0000

A research recently performed by Auriemma Consulting Group's (ACG) revealed that Tesco is the #1 credit card brand in the UK.In the annual Issuer Brand Index for...

TomTom and Motaquote to Offer New GPS-based Insurance for UK Drivers

Wed, 15 Feb 2012 07:04:29 +0000

Last week Dutch GPS provider TomTom and UK insurance company Motaquote announced they have teamed up to offer Brits affordable and fair car insurance product.Drivers...

Prices on Newly Built Properties Rise by 3.2% in 2011

Tue, 14 Feb 2012 06:58:33 +0000

The latest research by Smart New Homes revealed that the asking price for newly built properties in the UK has risen by 1.2% in December 2011. On a quarterly basis...

UK Broadband Speeds Rise by 22% in 6 Months

Mon, 13 Feb 2012 06:18:19 +0000

According to the latest report by UK telecoms watchdog Ofcom, broadband speeds in Great Britain have increased by 22% in the past year.The average speed has climbed...

84,000 Buy to Let Mortgages Issued in 2011 – CML

Fri, 10 Feb 2012 06:51:20 +0000

The latest report by the Council of Mortgage Lenders (CML) suggests that the number of buy to let mortgages has increased by 84,000 in 2011.Of these, almost 35 000...

Discounts on UK property Prices Reach 7.5%

Thu, 09 Feb 2012 04:29:40 +0000

The latest research by Zoopla showed that average property discounts in the UK were record high.Sellers were ready to slash asking prices by almost 20,000 pounds...

Over 32 Billion Worth of Investments Made into UK Commercial Property

Wed, 08 Feb 2012 05:27:48 +0000

The latest report by CBRE showed that commercial property investment in the UK in 2011 was only slightly below the 2010 levels.As such, the total amount of funds...

Air France-KLM Impose Credit Card Surcharges

Tue, 07 Feb 2012 05:54:29 +0000

Yesterday, on Monday February 6th, Air France-KLM airlines announced that they have included Great Britain to the roster of countries where a fee on most credit...

UK Housing Minister Announces New Housing Scheme

Mon, 06 Feb 2012 06:39:51 +0000

On February, 1st UK housing minister, Grant Shapps unveiled a range of measures the British Government will take to improve the situation on UK housing market.First...

House Prices Report Published by Nationwide

Thu, 02 Feb 2012 07:00:16 +0000

The latest report published yesterday, on February 1st by Nationwide Building Society suggests that UK house prices have fallen in the first month of the year by...

Sainsbury's Finance Launched New Personal Loan at 6,1%

Wed, 01 Feb 2012 06:23:50 +0000

British bank Sainsbury's Finance recently announced the launch of a new personal loan available at as low as 6.1% APR. The interest rate this low is available for...

It’s More Rewarding to Pay Off Mortgage than to Save

Tue, 31 Jan 2012 06:49:44 +0000

The latest research by First Direct bank showed that many Brits choose to save instead of paying off debts regardless of the recommendations by financial advisers...

Travel Insurance Costs Double for Elderly Brits

Mon, 30 Jan 2012 06:40:35 +0000

Investigation recently carried out by Money Mail revealed that many high street insurance companies in the UK have increased travel insurance premiums for elderly...

Property Buyers’ Activity Increases by 27% in January 2012

Fri, 27 Jan 2012 06:29:44 +0000

According to the latest research performed by one of the British property websites, UK would-be buyers are searching for property but sellers are being cautious...

UK Mortgage Lending Up by 12% in December 2011

Thu, 26 Jan 2012 06:33:32 +0000

According to the latest report by the British Bankers' Association, the amount of money given out in mortgages in December 2011 was 12% higher than at the same time...

Platform Expands Buy to Let Mortgage Range

Wed, 25 Jan 2012 06:54:11 +0000

UK lender expands its range of buy to let mortgages with new deals for landlords looking to buy prime properties.Yesterday, on Tuesday, January 24th The Platform...

Insurance Companies Offer Higher Premiums for Unemployed Drivers

Tue, 24 Jan 2012 07:06:30 +0000

According to the latest report by BBC, most British insurance companies offer higher premiums for unemployed customers.The research performed by BBC experts revealed...

UK Home Insurance Premiums Rise by 10% in 2011

Mon, 23 Jan 2012 06:37:00 +0000

According to the latest report published by AA Insurance, home insurance prices have risen by 10% in 2011.The British Insurance Premium Index by AA revealed that...

Great Discounts on Insurance Products from Aviva

Thu, 19 Jan 2012 06:45:14 +0000

Aviva, one of the leading UK insurance providers, decided to follow in the footsteps of other insurance companies as it announced great discounts yesterday, on January...

UK Mortgage Affordability Marks 14-Year Record – Halifax

Wed, 18 Jan 2012 07:45:50 +0000

Earlier, we have already reported that mortgage payments in the UK have become most affordable as the Bank of Scotland revealed its latest statistics.The data by...

Car Insurance Sale from Direct Line Insurance

Tue, 17 Jan 2012 05:54:37 +0000

As the new year begins, Direct Line insurance offers its new and existing customers great deals on car insurance allowing to save up to 20% off any policy.On Monday...

Mortgages Most Affordable in Scotland

Mon, 16 Jan 2012 06:41:09 +0000

According to the latest report by the Bank of Scotland, mortgage payments in the country hit the highest level of affordability in Q4 2011.As such, an average mortgage...

Royal Bank of Scotland to Fire 3,500 People

Fri, 13 Jan 2012 06:15:20 +0000

Yesterday, on January 12, 2012 one of the leading UK banks, Royal Bank of Scotland (RBS), announced its plans to cut 3,500 jobs in the investment bank division.The...

AXA Improves Its Healthcare Insurance Policies

Thu, 12 Jan 2012 05:37:40 +0000

Yesterday, on January 11th UK insurance provider AXA announced that it introduces changes to its healthcare insurance policy with immediate effect for those policyholders...

Interest Rates on UK Loans Lowest in 4 Years

Tue, 10 Jan 2012 06:14:50 +0000

Research performed by a website Moneyfacts revealed that interest rates on a number of loans in the UK are now at their 4-year minimum.For example, in the very end...

Mortgage Availability to Remain Restricted in 2012 – BoE

Mon, 09 Jan 2012 06:07:30 +0000

According to the latest Credit Conditions Survey by the Bank of England, mortgage lending in the first quarter of 2012 will remain restricted.Many UK lenders have...

UK Commercial Property Values Fall in November 2011

Fri, 16 Dec 2011 05:25:30 +0000

On Wednesday, December 14th, Investment Property Databank Ltd published a report on its website, according to which the value of commercial property in Great Britain...

New Travel Insurance Product Launched by Hiscox

Thu, 15 Dec 2011 04:48:31 +0000

On Tuesday, December 13th Hiscox specialised insurance provider announced that it has launched a brand new travel insurance policy, which is available for purchase...

House Prices in UK Will Remain Stable in 2012 – Halifax

Wed, 14 Dec 2011 04:51:32 +0000

In its latest forecast for the British property market, experts at Halifax said that house prices in the country will remain the same in 2012.Currently, an average...

UK House Prices Remain Unchanged in November

Tue, 13 Dec 2011 04:48:48 +0000

According to the results of the latest market analysis performed by LSL Property Services Plc and Acadametrics Ltd., house prices in Great Britain remained unchanged...

First-time Buyer Activity Increased in November

Mon, 12 Dec 2011 05:53:58 +0000

According to the latest Housing Market Activity Report by Connells Survey and Valuation, demand for UK property from first-time buyers has risen lately.In the opinion...

Brits Do Not Know How to Drive in Winter

Fri, 09 Dec 2011 05:26:19 +0000

The latest survey performed by Sainsbury's insurance revealed that many UK drivers simply do not know how to behave on icy and snowy roads, thus risking accidents...

New Car Insurance Provider Launched in UK

Thu, 08 Dec 2011 06:18:19 +0000

Yesterday, on December 7th, the launch of a new insurance company for young drivers was announced. The INGENIE company was founded by Gary Lineker, former UK football...

UK House Prices Fall 0.9% in November

Wed, 07 Dec 2011 05:44:18 +0000

According to the latest house prices report by Halifax, mortgage arm of Lloyds Banking Group Plc, property values in the UK fell in November 2011.The month-on-month...

UK Insurers Will Not Punish Drivers for Winter Tyres

Tue, 06 Dec 2011 05:27:23 +0000

In the very beginning of December, the Association of British Insurers said that UK insurance companies should not impose higher premiums on those motorists who...

New Savings Deals Launched by Vanquis Bank

Mon, 05 Dec 2011 05:27:03 +0000

On December, 1st one of the UK banks, Vanquis Bank, announced an increase in the savings rate on one of its best-buy savings accounts, High Yield.Those planning...

LV Insurance Offers Extensive Cover for Travellers

Fri, 02 Dec 2011 08:31:43 +0000

Yesterday, on December 1st, one of the leading UK insurance companies, Liverpool Victoria, also known as LV Insurance, announced the launch of an all-new travel...

Overpaying the Mortgage Can Save Brits Thousands of Pounds

Thu, 01 Dec 2011 05:33:44 +0000

First Direct, one of the leading UK lenders, recommends Brits holding a mortgage loan to pay overpay it rather than put the money into the savings account.According...

Nationwide Publishes House Price Index for November

Wed, 30 Nov 2011 06:13:19 +0000

Yesterday, on November 29th Nationwide building society published its house prices report.According to it, the average value of home in Great Britain rose by 0.4...

Mobile Credit Card Processing to Be Launched in UK Soon

Tue, 29 Nov 2011 05:46:43 +0000

As it was announced yesterday, on November 28th, UK will follow in the footsteps of USA and Sweden and will introduce a mobile payment service similar to Square...

The UK Government to Fund Youth Employment

Mon, 28 Nov 2011 05:56:14 +0000

On Friday, November 25th the UK Government represented by Deputy Prime Minister Nick Clegg said that it will subsidise employers that hire young workers.In an attempt...

Mortgage Lending in Scotland Lags Behind UK Average

Fri, 25 Nov 2011 02:45:50 +0000

According to the latest figures revealed by the Council of Mortgage Lenders (CML) on November, 24th, mortgage lending increased by 8% in the third quarter of 2011...

Winter Sports Equipment Not Covered by Travel Insurance

Thu, 24 Nov 2011 04:58:23 +0000

A study by Defaqto revealed that most insurance providers in the UK do not offer protection for winter sports equipment.The latest research of UK insurance market...

Drive Rules for Young Drivers Need to Be Tightened – ABI

Wed, 23 Nov 2011 02:15:43 +0000

The Association of British Insurers calls upon the UK government to tighten driving rules for young drivers to reduce death and injuries in car accidents.In its...

UK Government Announces 400M “Get Britain Building Fund”

Tue, 22 Nov 2011 03:52:11 +0000

According to the latest BBC report, UK government has launched a 400 million pounds fund to help UK first-time buyers and property developers.The "Get Britain Building...

UK House Prices Fall 1.4%

Wed, 16 Nov 2011 06:46:57 +0000

The latest house prices report by Department of Communities and Local Government suggests the annual decline in prices amounted to 1.4%.According to the figures...

Landlords Positive about the Buy to Let Sector

Tue, 15 Nov 2011 05:55:46 +0000

Latest survey suggests British landlords are positive about the buy to let sector and its prospects.CHL Mortgages, a specialist buy to let lender, recently published...

House Prices to Fall by 11% by 2016

Mon, 14 Nov 2011 06:54:01 +0000

UK house prices are set to fall for another 11% in the next 5 years, according to property experts.British broker firms believe that house prices in the UK will...

Barclays Partnered with Aviva and L&G

Fri, 11 Nov 2011 06:20:55 +0000

One of the leading UK banks signed an agreement with 2 major insurance companies, Aviva and L&G, for popular insurance products.Barclays recently signed an agreement...

Nationwide Cuts Rate on Its Personal Loans

Thu, 10 Nov 2011 06:58:56 +0000

One of the leading UK banks slashes interest rates on its popular product, personal loans.With effect from today, Thursday November 10th, Nationwide cuts the interest...

Internet-banking Popular with Brits

Wed, 09 Nov 2011 05:02:16 +0000

A recent research performed by Payments Council, an organisation responsible for setting strategy for UK payment mechanisms.Now Brits have changed their banking...

UK House Prices Rise by 1.2% - Halifax

Tue, 08 Nov 2011 05:03:52 +0000

UK house prices rise by 1.2% in October and yet remain 0.3% lower than they were at the same time last year, say Halifax experts.For the first time in the past 3...

Best-buy Mortgage Deal Launched by Leeds Building Society

Mon, 07 Nov 2011 06:27:47 +0000

Leeds building society launches a best buy fixed-rate mortgage.The Leeds building Society recently announced the launch of a unique mortgage product. The home loan...

Interest-free Installment Plan Offered by Direct Line

Mon, 07 Nov 2011 06:21:32 +0000

One of the British insurance companies, Direct Line, recently launched an installment plan for car owners at no extra charge.Direct Line insurance provider offers...

Business Loans Are Less Accessible for UK Companies

Tue, 01 Nov 2011 07:06:35 +0000

Small and medium businesses in the UK have become less successful applying for loans last year.The latest figures published by the Office for National Statistics...

Land Registry Publishes House Price Index for September 2011

Mon, 31 Oct 2011 06:25:17 +0000

All major banks, estate agencies and governmental organisations released reports on UK house prices in the end of October. One of the most reliable reports is the...

Santander Publishes Mortgage Lending Report

Fri, 28 Oct 2011 07:11:51 +0100

This year, Spanish-based Santander carried out 16.8 billion pounds in gross mortgage lending.One of the leading UK mortgage lenders, Spanish bank Santander,...

Nationwide Slashes Personal Loan Rate to 6.2%

Thu, 27 Oct 2011 07:06:00 +0100

The cheapest personal loans in the UK was recently introduced by the Nationwide Building Society.In the run up to Christmas, Brits are borrowing more on their...

Brits Increase Their Savings – Office for National Statistics

Wed, 26 Oct 2011 06:43:28 +0100

Brits started to save more money as the economic outlook remains gloomy and household income is expected to fall significantly.The official data released by...

New Credit Cards Launched by Barclaycard and Sainsbury’s

Tue, 25 Oct 2011 07:01:55 +0100

New attractive credit card offers hit the UK market as banks compete with each other for new customers.Recently, Barclaycard launched Simplicity, a new credit...

Brits Need Long-term Mortgages – Grant Shapps

Fri, 21 Oct 2011 07:07:35 +0100

In his coming speech in London, Minister Shapps is expected to urge UK lenders to offer long-term mortgages for British borrowers.According to the latest...

UK Banks Refuse to Lend to Student Property Investors

Thu, 20 Oct 2011 07:05:48 +0100

British banks no longer want to give money to property investors and developers interested in UK student housing.Leading UK banks like Barclays and Royal Bank...

CI Insurance by Aviva Gets Better

Tue, 18 Oct 2011 07:06:00 +0100

UK insurance provider Aviva does its best to attract new customers by creating new insurance products and enhancing the terms on existing ones. This time, the...

New Family Car Insurance Launched by Aviva

Mon, 17 Oct 2011 07:14:51 +0100

Car insurance for large families is now available from a leading UK insurance provider, Aviva.Well-known British insurance company, Aviva, recently announced...

Brits Keep Their Credit Card Spending in Secret

Fri, 14 Oct 2011 06:51:13 +0100

Recent research performed in UK suggests that one in ten credit card holders chooses not to share the financial information with the spouse.A recent researched...

UK Education Is Not Good Enough

Thu, 13 Oct 2011 07:02:47 +0100

A research, recently performed by a charity Young Enterprise, revealed that many UK students are unemployed because they lack certain skills.Although UK...

New Investment Fund to Be Created in UK

Wed, 12 Oct 2011 06:12:54 +0100

A unique investment fund is being created in the UK, say Bouygues Development and Grainger plc.Yesterday, UK construction company Bouygues Development Lt and...

Leading UK Banks Downgraded by Moody's

Tue, 11 Oct 2011 06:33:33 +0100

More than 10 British banks were affected by the decision of a ratings agency, Moody's, to slice their ratings.Yesterday, on October 10th, it was announced...

The Number of UK Mortgage Deals Hits 41-Month High

Mon, 10 Oct 2011 06:28:20 +0100

British banks currently offer more than 14,300 mortgage deals suggests a report by Mortgage Brain.The overview of the British mortgage market, carried out by...

Confidence in UK Commercial Property Is Reduced

Fri, 07 Oct 2011 08:36:46 +0100

Lloyds Banking Group experts have reported deduced confidence in UK commercial property market sector, which, in their opinion, might signal the beginning of...

Towergate Warns Brits of Possible Burglaries

Thu, 06 Oct 2011 06:57:17 +0100

UK insurance companies expect burglaries and insurance claims to increase during the winter months and that it why they recommend homeowners to take safety...

UK growth falls to just 0.1%

Thu, 06 Oct 2011 01:06:05 +0100

David Cameron s government have been left to face up to tough questions in the wake of news that the UK s economic growth is on a downward trajectory. Figures...

London’s Better than Paris, Berlin and Moscow

Wed, 05 Oct 2011 07:08:10 +0100

London s the most popular European city among property investors, according to CB Richard Ellis experts.The latest research by CB Richard Ellis suggests that...

British Investors Interested in Cooperation with Yakutiya

Tue, 04 Oct 2011 07:06:50 +0100

The time has come for British investors to inject money into other economies, not vice versa.According to Alexander Fedotov, director general of the Republican...

Hometrack Reports a 0.1% Fall in UK House Prices

Mon, 03 Oct 2011 07:07:35 +0100

UK property experts cannot agree on house prices in August. This time, Hometrack reports a 0.1% fall in prices.Today, on October 3rd Hometrack released its...

UK House Prices Rise Insignificantly in September

Fri, 30 Sep 2011 06:30:11 +0100

An average UK house was priced at 166,256 pounds in September, which is up by 0.1% from the reading in August, says Nationwide.The latest figures on UK house...

Payday Loan Providers Reported to the OFT

Thu, 29 Sep 2011 06:47:20 +0100

Brits should beware of payday loans firms as many of them have poor practices, says UK consumer group Which?.Report published by Which?, UK independent...

UK Banks to Cut 35,000 Jobs in Q4 2011

Wed, 28 Sep 2011 06:46:30 +0100

Leading UK banks plan to cut as many as 35,000 jobs in the last quarter of 2011, suggests a new report.UK recruitment agency, Manpower Inc., recently performed...

More Mortgages Available from UK Lenders

Tue, 27 Sep 2011 06:52:51 +0100

According to a research recently carried out by Moneyfacts, the number of mortgages offered by UK banks, rose significantly in 2011.UK comparison website...

Over 35,000 mortgages approved in August

Mon, 26 Sep 2011 06:53:13 +0100

UK banks approved over 35,000 mortgage applications in August, the highest number in the past 15 months.The number of mortgages approved in Great Britain in...

UK House Prices to Fall Another 4% - Reuters

Fri, 23 Sep 2011 07:01:48 +0100

UK house prices should fall by another 4% next year, says Reuters based on an opinion poll performed among UK market watchers.A poll performed by Reuters on...

Brits Spend Thousands of Pounds on Home Improvements

Thu, 22 Sep 2011 07:04:11 +0100

Brits, inspired by TV reality shows, spend over 60,000 pounds on home improvements, says Esure.A recent research carried out by Esure home insurance revealed...

UK Mortgage Lending Up by 6% in August

Wed, 21 Sep 2011 06:48:23 +0100

UK mortgage lending recovered from the 6% slump in July as it improved by 6%, said the Council of Mortgage Lending in its Gross mortgage lending report.The...

Compare UK Mortgage by Google No Longer Available

Tue, 20 Sep 2011 06:41:45 +0100

Something strange happened to a mortgage comparison website launched by Google, say Mortgage Strategy analytics.The UK mortgage comparison website launched...

Asking House Prices in UK Rise by 0.7%

Mon, 19 Sep 2011 06:56:47 +0100

UK asking house prices increase by 0.7% in September as sellers are determined that activity on the market will improve in the run up to Christmas.According to...

Tuition Fees in UK Are Lower than in USA and Korea

Fri, 16 Sep 2011 03:38:08 +0100

In the opinion of OECD experts, education in Great Britain is costly and yet affordable for most students.According to the latest report by the Organisation...

Londoners Rely on Payday Loans

Thu, 15 Sep 2011 06:47:25 +0100

Research shows that those are middle earners from London who rely on payday loans most often.A recent report published by a provider of payday loans revealed...

ICB Announces Proposed Financial Sector Reforms

Thu, 15 Sep 2011 06:30:00 +0100

The Government s Independent Commission on Banking released its final report on Monday, containing a number of recommendations of how to improve the stability...

Property Investors Should Think Wales

Wed, 14 Sep 2011 05:57:25 +0100

Land Registry figures suggest that North Wales is a much better place for property investment than London.The latest figures revealed by the Land Registry...

Lots of New Jobs to Be Created in UK by 2015 – Google

Tue, 13 Sep 2011 06:51:44 +0100

Up to 365,000 jobs will be created in Great Britain by 2015 thanks to Internet technologies and innovation, says vice-president of Google UK, Mr....

Financial job vacancies in London Fall by 20%

Mon, 12 Sep 2011 07:04:10 +0100

Only 4,030 job vacancies in the financial sector were open in London this August, reports Astbury Marsden recruitment agency.According to the report recently...

UK House Prices Fall by 1.2% - Halifax

Thu, 08 Sep 2011 07:05:56 +0100

UK house prices fell in August 2011, and so did mortgage interest rates, according to the House Price Index by Halifax.The latest report on UK house prices,...

UK Banks Launch Lots of New Mortgage Products

Tue, 06 Sep 2011 13:52:08 +0100

The market analysis, performed by Mortgage Brain in the UK, the number of mortgage products available from lenders reached its 3-year high in 2011.The number of...

No Deposit Mortgage Makes it’s Return

Tue, 06 Sep 2011 07:00:00 +0100

In a surprise move which is sure to generate some waves in the lending market, a relative newcomer to the mortgage lending community has announced a 0% deposit...

Brits Cut Down on Credit Card Borrowing – Moneynet

Mon, 05 Sep 2011 11:32:30 +0100

As the economic outlook has become gloomy, many Brits chose to cut their credit card borrowing and repay the debts.Moneynet has found out that Brits choose to repay...

UK Mortgages Now Available at 3.69% - Nationwide

Fri, 02 Sep 2011 09:55:24 +0100

UK potential home owners are urged to take advantage of the new offer by Nationwide: the lender has slashed rates on its 5-year fixed mortgages to 3.69!According...

London Continues to Defy Housing Market Trends

Fri, 02 Sep 2011 08:32:54 +0100

While the property market in the UK continues to show sluggish or even negative growth, there is increasing evidence to show that London’s house prices are remaining resilient.

IT Specialists Are Demanded in UK

Thu, 01 Sep 2011 08:00:03 +0100

Demand for IT specialists will always be strong, says Mark Gray of IT recruiter Greythorn.A research performed by IT recruiter Greythorn revealed that as many...

Attractiveness of London Property Explained by Investment Specialists

Wed, 31 Aug 2011 06:31:23 +0100

Specialists of a leading property investment fund explain why London property is highly demanded by local and foreign investors.Hugh Best, head of the...

LV= Insurance Revealed Its IP and CI Payouts

Tue, 30 Aug 2011 05:54:40 +0100

UK insurance company, LV=, recently published a report, in which it revealed its critical illness and income protection payouts.LV= said it paid out 93% of...

Halifax Publishes New UK Property Market Report

Mon, 29 Aug 2011 10:15:37 +0100

The sales of property in certain UK cities rose by almost 45%, while in several counties they fell by more than 30%.A research recently performed by Halifax...

UK Drivers Ignore the Speed Limits

Fri, 26 Aug 2011 12:56:51 +0100

UK car insurance company Autocar found out that almost all Brits do not care about the speed limits, which definitely leads to numerous car crashes.The...

UK Land Prices Rise by 10% in August 2011

Thu, 25 Aug 2011 05:54:07 +0100

Land values in the UK continue to grow and yet local as well as foreign investors are still willing to buy farmland.According to a report published by Smiths...

Mortgage Lenders Remain Cautious

Tue, 23 Aug 2011 07:00:00 +0100

Any hope that relaxed lending could come to the rescue of the UK s beleaguered property market was dashed yet again recently, with the news that total mortgage...

Investors’ Interest in UK Property Improved in Q2

Tue, 23 Aug 2011 04:38:36 +0100

DTZ suggests that investors showed improved interest in British property in Q2 2011 with London topping the list of their preferences.A recent report by DTZ, a...

PPI Complaints in UK Rise by 25-30%

Sun, 21 Aug 2011 05:24:15 +0100

The number of Brits complaining about mi-selling of payment protection insurance increased by 25-30% in the first half of 2011.Two largest banks in Great...

Unemployment Takes another Turn for the Worse

Fri, 19 Aug 2011 06:39:27 +0100

In another blow for the UK s economy, unemployment leapt up by 38,000 to 2.49 million in the last quarter. The figures, from The Office of National Statistics...

Low Base Rate Fuels Falling Mortgage Costs

Fri, 12 Aug 2011 07:00:00 +0100

Fixed mortgage rates have fallen to their lowest rate in over 20 years, according to new research from Moneyfacts.co.uk. The personal finance information and...

Housing Market Stagnation Continues

Wed, 10 Aug 2011 07:00:00 +0100

The latest housing market survey from the Royal Institute of Chartered Surveyors, released yesterday, makes for fairly grim reading for those with their house...

UK Recovery Struggling

Thu, 28 Jul 2011 07:00:00 +0100

The Government came under fire yesterday following the announcement of economic growth of just 0.2% in the three months to June, a drop from the 0.5% in the...

UK House Prices Fall in July 2011

Thu, 21 Jul 2011 07:04:03 +0100

The latest report published by UK property website Rightmove suggests that house prices fell in July. This is the first decrease in property prices registered...

Careless Drivers Might Face Increases in Car Insurance Premiums

Wed, 20 Jul 2011 04:20:16 +0100

The latest research carried out by comparison website Moneysupermarket revealed that 8 out of 10 UK drivers get distracted when driving. The most popular...

UK Crime Level Linked to Economic Downturn – Legal & General

Tue, 19 Jul 2011 07:10:26 +0100

Legal General, one of the leading UK insurers, published its response to the British Crime Survey. In the opinion of L G experts, there is a strong...

Fraud Register to Be Launched by the Association of British Insurers

Mon, 18 Jul 2011 05:53:07 +0100

It was recently revealed that the Association of British Insurers plans not only to fund the specialised police department in London, but also to develop and...

Brits Fail to Report Home Crime

Fri, 15 Jul 2011 06:00:20 +0100

Figures recently revealed by Direct Line insurance company suggest that a large number of homeowners in Yorkshire fail to report crime. The tendency began with...

Sully Island Up for Sale in Wales

Thu, 14 Jul 2011 05:08:00 +0100

According to the latest article published by The Guardian, estate agent Cooke Arkwright has put up Sully Island for sale for a bargain price.The land, which...

UK Insurers to Fund London Police

Wed, 13 Jul 2011 07:07:50 +0100

Yesterday, on July 11th it was announced that UK insurance companies will fund a new specialist police department that will investigate and fight insurance...

UK Farmland Prices Increase by 7% in a Year

Tue, 12 Jul 2011 06:31:26 +0100

According to the latest report by UK estate agency Knight Frank, farmland values in the country increased by 3% in Q2 2011. They are now almost 7% higher than...

Credits Card for Online Shoppers Launched by CapitalOne

Mon, 11 Jul 2011 04:05:12 +0100

The latest news release published by UK independent consumer group Which? on Friday, July 8th, suggests that a new credit card has been launched by...

New Proposal on UK Student Loans Faces Criticism

Thu, 07 Jul 2011 06:04:44 +0100

It has recently been revealed that the British Government might encourage students to take out loans to pay for education from high street banks. The...

Broadband Is Cheaper and Faster in UK Cities

Wed, 06 Jul 2011 07:06:53 +0100

A research recently carried out by Simplifydigital, UK-based online comparison service, revealed that Brits who live in rural areas pay twice as much for...

RBS and NatWest Launch New Reward Credit Card

Tue, 05 Jul 2011 05:28:36 +0100

The latest report by UK independent consumer group Which? suggests that RBS and NatWest have launched a new reward credit card.The new product, World...

UK Car Insurance Premiums to Be Investigated by MPs

Mon, 04 Jul 2011 07:05:17 +0100

As it was reported a few days ago, the Members of the British Parliament will investigate the issue of rising car cover premiums. They have announced their...

Another Conveyancing Firm Gets CQS Status

Thu, 30 Jun 2011 06:28:31 +0100

Earlier we have already reported that a new accreditation scheme for conveyancing firms was launched in the UK and that some companies have already managed to...

UK Is Popular Among Foreign Investors

Wed, 29 Jun 2011 06:53:06 +0100

The latest report published by Ernst Young, one of the world's largest professional services organisations, suggests that UK is the #1 European destination...

UK Mortgage Rates Hit 23-Year Low

Tue, 28 Jun 2011 06:17:52 +0100

According to a report released by website Moneyfacts on June 27th, 2011, mortgage interest rates in UK reached their 23-year low. Both, fixed and tracker...

UK First-time Buyer Mortgages to Become More Accessible

Mon, 27 Jun 2011 06:37:04 +0100

It has recently been announced that UK first-time buyers will find it easier to get a mortgage loan as the Government launches a new support scheme,...

UK Mortgage Lending Up by 12% in May

Tue, 21 Jun 2011 05:54:23 +0100

The latest report published by the Council of Mortgage Lenders on Monday, June 20th suggests that gross mortgage lending increased in the UK by 12% in May...

UK Banks to Receive Accreditation by Fairbanking Foundation

Mon, 20 Jun 2011 05:57:24 +0100

From now on, UK consumers will be able to choose a bank not only based on other people's reviews and available deals, but also on official rating.UK charity,...

UK Credit Cards Rates Hit 4-Year High

Fri, 17 Jun 2011 05:20:27 +0100

New figures released by Defaqto suggest that credit card interest rates reached 4-year high in Great Britain.The Bank of England's base rate has been frozen...

UK Insurance Fraud Unknown to Brokers

Thu, 16 Jun 2011 05:07:23 +0100

A research recently carried out by UK insurer Legal General revealed that only a third of brokers clearly understand what fraud is.As such, over a half of...

Barclays to Recompensate all PPI Claims

Wed, 15 Jun 2011 04:53:57 +0100

One of the leading UK banks, Barclays, announced it will pay back all the money to its clients who were missold payment protection insurance.Let us remind that...

Over £16.5 Billion Invested in London Property

Tue, 14 Jun 2011 05:20:00 +0100

The latest research carried out by UK property agency Savills revealed that significant portion of London housing market is financed by foreigners. The results...

Most Dangerous Cars Named by Insurance Website

Mon, 13 Jun 2011 06:35:23 +0100

A recent study conducted by one of the popular British websites, Confused dot com, revealed the most crash-prone cars.The top 10 of dangerous cars was compiled...

Half of Scots Have Life Insurance Policy

Fri, 10 Jun 2011 06:57:01 +0100

A recent research carried out by Scottish Widows revealed that Scots are more likely than other UK nationals to have life assurance and critical illness...

Nationwide Offers the Cheapest Personal Loans

Thu, 09 Jun 2011 06:04:39 +0100

Only a couple days ago one of the leading UK lenders, Nationwide building society, introduced an extremely low rate on its personal loan. Having been cut by...

Aviva Highlights the Importance of Home Insurance

Wed, 08 Jun 2011 07:09:26 +0100

According to experts at Aviva, tent is not the only cover that Brits will need this summer at music festivals.The company's estimates suggest that around 50%...

Rural Property in England Demanded by Buyers – Carter Jonas

Tue, 07 Jun 2011 06:56:23 +0100

According to a recent report by Carter Jonas, rural property in England is becoming more and more demanded by buyers.For instance, a piece of arable land in...

Travel Insurance Is a Must for Trips Abroad

Mon, 06 Jun 2011 04:06:05 +0100

The Foreign and Commonwealth Office reminded all Brits who plan to visit their friends and relatives abroad this summer that insurance is more important than...

Low-skilled Immigrants Invade the UK

Fri, 03 Jun 2011 07:08:24 +0100

A recent research revealed that the number of low-skilled immigrants in the UK increased. In particular, the vast majority of workers came from the EU...

London Property Demanded by Rich People – Zoopla

Thu, 02 Jun 2011 07:13:14 +0100

A recent research carried out by Zoopla, UK-based property website, revealed that London tops the property rich list.The annual study performed by the...

Nationwide House Index Records 0.3% Rise

Tue, 31 May 2011 07:01:02 +0100

The latest housing market report from nationwide has indicated a monthly increase in the value of houses, the latest in a series of minor fluctuations. The...

Britons “Burying Their Heads in the Sand” over Pensions

Tue, 31 May 2011 07:00:00 +0100

A new report released by HSBC has highlighted the problem of what it calls the ostrich generation ; Brits aware of the new challenges which they will face in...

Ofcom Announce Telecoms Regulation Changes

Fri, 27 May 2011 07:00:00 +0100

Communications regulator Ofcom announced a raft of changes to the regulation of the telecoms market, including the banning of three-year contracts for...

Lagarde Announces IMF Bid

Fri, 27 May 2011 07:00:00 +0100

French finance minister Christine Lagarde had formally announced her intention to run for the top position at the International Monetary Fund following the...

Virgin Announce Intention to Move into High Street Banking

Fri, 27 May 2011 07:00:00 +0100

Virgin Money, part of Richard Branson s multinational conglomerate, made a step closer towards becoming a major high street bank with the announcement that it...

Life Insurance Payments to be Sped Up

Thu, 26 May 2011 07:10:56 +0100

Under new guidelines published earlier this week, those are bereaved will be able to access life insurance payments much sooner than previously. The...

Tougher Mortgage Regulation is Supported by First Time Buyers

Thu, 26 May 2011 07:00:00 +0100

Research from homelessness charity Shelter suggests that despite the negative impact that it could have on them trying to buy a house, 75% of first...

Ash Cloud Threatens to Disrupt Air Travel

Wed, 25 May 2011 07:00:00 +0100

UK traveller s plans appear to be in jeopardy after another volcanic eruption in Iceland, this time from the Gr msv tn volcano. The eruption could have...

Aviva Unveil Retirement Reform Ideas

Wed, 25 May 2011 07:00:00 +0100

Aviva, one of the UK s largest Insurance providers, has launched sweeping proposals for reforming the retirement sector in the UK in its report Rethinking...

Pension Incomes Highest in 30 Months

Wed, 25 May 2011 07:00:00 +0100

Research from financial comparison website moneyfacts.co.uk has suggested that retirement incomes are now at their highest level since the end of 2008. The...

Inflation Rise Spells More Difficulty for Savers

Tue, 24 May 2011 07:00:00 +0100

Bad news for savers came as the Office for National Statistics announced a further increase in the level of CPI inflation to 4.5% last week. This indicated a...

Older Customers Struggle to Get Travel Insurance Deals

Tue, 24 May 2011 07:00:00 +0100

Research released by consumer advocacy group Which? Has highlighted the difficulty which older travellers face when trying to purchase ...

Loan Rates Reach Ten Year High

Tue, 24 May 2011 07:00:00 +0100

Interest rates charged on personal loans have reached their highest level in a decade, according to comparison website moneyfacts.co.uk. The average rate on a ...

Fuel Bills Push Up the Cost of Living

Tue, 24 May 2011 06:59:00 +0100

Research from Halifax suggests that the rising cost of utilities has resulted in household bills reaching their highest level since 2008. Despite falling...

Mortgage Lending Slips Further

Mon, 23 May 2011 07:00:00 +0100

Prospects for a house price recovery were further dampened with announcement of another decline in mortgage lending levels for April 2011. The figures, from...

Families See Rise in Unsecured Debt

Mon, 23 May 2011 07:00:00 +0100

New statistics from insurance firm Aviva revealed that families with one or more children have experienced a sharp rise in unsecured debt levels. Between...

Britain Branded ‘Whiplash Capital of Europe’

Fri, 20 May 2011 07:00:00 +0100

The Association of British Insurers yesterday called for the government to take action against what it called a pain in the neck culture , which it insisted...

Contactless Payment Remains Unpopular due to Security Fears

Thu, 19 May 2011 07:00:00 +0100

Consumers are discouraged from using contactless payment technology due to a lack of information and fear of theft, figures suggest. The research by payment...

Remortgaging Increased in First Quarter

Thu, 19 May 2011 07:00:00 +0100

Figures released on Saturday by the Council of Mortgage Lenders show increased remortgaging activity in the 1st quarter of 2011. Remortgaging had increased 14%...

Figures Reveal Pensions Gender Gap

Wed, 18 May 2011 07:00:00 +0100

Women retiring in 2011 expect to receive a yearly pension a third lower than what men expect to receive, according to a survey by financial services firm...

Strauss-Kahn Allegations Loom over European Bailout Talks

Tue, 17 May 2011 07:00:00 +0100

Further negotiations regarding the bailouts of Portugal and Greece took place yesterday, but the talks were overshadowed by the arrest of IMF director...

Business Leaders Criticise Flexible Working Proposals

Tue, 17 May 2011 07:00:00 +0100

Government plans to offer more flexible to hours to employees came under fire yesterday as business lobbyists attacked the coalition for tinkering with...

Good News for Savers as NS&I Certificates are Relaunched

Mon, 16 May 2011 08:54:47 +0100

Though it may have angered some in the banking industry, savers can now look forward to reaping the benefits of a National Savings and Investment Certificate,...

Saving Falls in the UK as Cost of Living Creeps Higher

Fri, 13 May 2011 07:00:00 +0100

Savings rates in the UK have fallen significantly, it has emerged. Research from ING suggests that the median savings of a UK adult has fallen by 12% in the...

Energy Costs Pushing Consumers into Debt

Fri, 13 May 2011 07:00:00 +0100

Figures released by National Debtline have suggested a significant increase in consumers struggling with fuel debt. The Charity said it had experienced a 181%...

Coalition Government Announces Controversial Employment Law Reforms

Thu, 12 May 2011 07:00:00 +0100

Trade union leaders responded with criticism yesterday when the government announced plans to water down the laws regarding workplace discrimination and...

Worrying Prospects for the UK as Growth Forecasts are Cut

Thu, 12 May 2011 07:00:00 +0100

The future appears fairly bleak for the UK economy following the announcement yesterday by the Bank of England of both lower prospects for growth and rising...

50% In the UK at risk Without Life Insurance

Fri, 06 May 2011 08:07:39 +0100

It has emerged that more than half of all adults in the UK do not hold a life insurance policy. According to the research, conducted by insurance provider...

Scottish Farmland to Face Investors’ Demand Soon

Fri, 06 May 2011 05:41:21 +0100

A report by UK estate agency Smiths Gore suggests that Scottish farmland will soon be as demanded as English farmland is. This will definitely lead to a rise...

Which? Wants Radio Switchover to Be Postponed

Thu, 05 May 2011 09:21:53 +0100

A lot of hassle recently was caused by switch to digital TV; meanwhile, switchover to digital radio is also worth to be mentioned.UK-based independent consumer...

Nationwide Announces 95% Mortgage

Thu, 05 May 2011 07:00:00 +0100

In a move seen as beneficial for those looking for first time buyer mortgages, Nationwide Building Society has announced the launch of a new savings account...

Bank of England Likely to Retain 0.5% Interest Rate

Thu, 05 May 2011 07:00:00 +0100

The Bank of England are expected to announce today that the base rate will remain at the low of 0.5%, despite concerns about increasing levels of inflation and...

Home Insurance Premiums on the Rise

Wed, 04 May 2011 07:13:48 +0100

Market research carried out by UK-based comparison website Moneysupermarket, revealed that property insurance premiums in Great Britain rose by 6% from January...

Teachers Look Set to Strike Over Pension Changes

Wed, 04 May 2011 07:00:00 +0100

A third teaching union voted overwhelmingly in favour of allowing ballots for strike action in opposition to public sector pension scheme reforms on Sunday,...

UK Solar Industry Jobs Rise by 32%

Tue, 03 May 2011 07:46:20 +0100

In the very end of April, Capital Green Ltd., London-based search, selection recruitment consultancy, reported that the solar industry in UK gained 951 jobs...

New Savings Deal Launched by Northern Rock

Mon, 02 May 2011 06:02:55 +0100

Northern Rock recently became one of the most popular banks among savers as it launched a new instant access savings account paying 3.01%.The only rival...

The Wedding of Prince William and Catherine Middleton – April 29, 2011

Fri, 29 Apr 2011 08:22:22 +0100

Today, on April 29th 2011 Prince William and Kate Middleton finally get married.This royal wedding attracted attention of everyone in the world and the young...

UK Mortgages Fall by 10% in March 2011

Thu, 28 Apr 2011 08:13:12 +0100

The latest report by the British Bankers Association suggests that UK gross mortgage lending fell by more than 10% from March 2010 and reached 7.7 billion...

Lending to UK Small Businesses Is Flat – BoE

Wed, 27 Apr 2011 09:32:06 +0100

The latest Trends in Lending survey by the Bank of England published on April 21st 2011 revealed that the demand for business loans from small business remain...

ABI Launches Travel Insurance Guide

Tue, 26 Apr 2011 08:09:27 +0100

As summer is round the corner, the Association of British Insurers (ABI) launched a consumer guide to travelling insurance. It aims to help Brits understand...

UK Mortgage Lending Weakens in March 2011

Mon, 25 Apr 2011 08:00:19 +0100

A recent report by the Bank of England revealed that mortgage lending in UK fell in March. The bank expects demand to further decline in the second quarter of...

UK Best-selling ISA to Be Withdrawn Soon

Fri, 22 Apr 2011 08:31:29 +0100

Those who plan to invest their money into ISA should hurry as one of the best-selling deals available on the market is to be withdrawn on April,...

Knight Frank Published Rural Report for Q1 2011

Thu, 21 Apr 2011 08:53:34 +0100

According to the latest Rural Report by Knight Frank, reputable UK estate agency, farmland values have survived the economic downturn mainly due to the...

Universities Announce Tuition Fee Rises for 2012

Thu, 21 Apr 2011 07:00:00 +0100

Student leaders and opposition MPs reacted angrily yesterday after it emerged that two thirds of universities in England plan to charge the full 9000 tuition...

Banks Fail in PPI Battle

Thu, 21 Apr 2011 07:00:00 +0100

The financial services industry may be forced to pay up to 4.5billion in compensation following a court ruling denying their appeal against new regulations...

UK Property Supply Exceeds the Demand – Rightmove

Wed, 20 Apr 2011 09:02:18 +0100

The latest figures recently released by UK agency Rightmove suggest that the number of property sellers significantly exceeds the number of buyers. Experts,...

Fujitsu to Introduce High Speed Broadband to UK Countryside

Tue, 19 Apr 2011 09:28:32 +0100

According to one of the latest articles by BBC, Japanese technology giant Fujitsu will soon create a super-fast broadband network to provide residents of UK...

Mortgage Arrangement Fees Are Too High – Uswitch

Mon, 18 Apr 2011 08:10:19 +0100

A recent research carried out by Uswitch - online comparison source - revealed that many Brits are paying too much in arrangement fees.Results of the research...

Brits Carefree About Debt Below £10k

Mon, 18 Apr 2011 06:30:00 +0100

Research from moneysupermarket.com has shown that it takes an average debt of nearly 10,000 (except mortgages) before British consumers begin to worry. Known...

Disputes Erupt over UK Involvement in Future Eurozone Bailout Fund

Mon, 18 Apr 2011 00:08:36 +0100

Tensions emerged yesterday concerning the potential of UK involvement in the future European Stability Mechanism, a fund designed to be used in the even that a...

More Conveyancers Secure CQS Status in UK

Fri, 15 Apr 2011 08:51:55 +0100

On March, 4th 2011 we have reported that the first solicitors to join the Conveyancing Quality Scheme (CQS) were Martin Elliott Co Solicitors (Colchester),...

ICB Calls for Reform in Bank Account Switching Process

Thu, 14 Apr 2011 07:39:58 +0100

The latest report published by the Independent Commission on Banking on Monday, April 11th, suggests that action needs to be taken to urge Brits to compare and...

Jobless Total Falls but Youth Unemployment at Record High

Thu, 14 Apr 2011 06:30:00 +0100

Unemployment figures announced yesterday painted appeared to show positive news, with a significant fall of 17,000 less people out of work during the months to...

Car Insurance Premiums on the Rise

Thu, 14 Apr 2011 06:30:00 +0100

Figures released by the AA yesterday suggested a major upsurge in the cost of car insurancein the past year, with a record 40% increase in the 12 months to...

UK House Prices Rise by 0.3% in February

Wed, 13 Apr 2011 07:23:46 +0100

According to the latest report by the communities and local government department (DCLG), UK house prices increase by 0.3% in February.Now, an average property...

Small Relief for Savers as Inflation Falls Slightly

Wed, 13 Apr 2011 07:00:00 +0100

Savers saw a welcome if unexpected fall in the rate of inflation announced this week from 4.4 to 4%, figures from the Office of National Statistics show....

UK Housing Market is "Flat"

Wed, 13 Apr 2011 07:00:00 +0100

The last two months have seen very little variation in the housing market, with prices remaining relatively level. Recent reports from the Royal Institute of...

Barclays Acquires MNBA’s Business Credit Card Portfolio

Tue, 12 Apr 2011 07:35:16 +0100

Last week it was reported that Barclays has acquired MNBA's UK small business credit card portfolio.The bank had approximately 60,000 small businesses as...

Commission Announces Major Changes in Bank Regulation

Tue, 12 Apr 2011 07:30:51 +0100

The Interim Commission on Banking, a government body created to determine the future of banking regulation in the UK, released its interim report yesterday,...

Workers Without Income Protection are at Risk

Tue, 12 Apr 2011 07:00:00 +0100

Research conducted by public policy think tank Demos and commissioned by Unum has shed light on the serious vulnerability individuals could experience due to a...

Citigroup Centre to Go On Sale this Week

Mon, 11 Apr 2011 09:46:42 +0100

According to an article published on Sunday, April 10th by Financial Times, Citigroup Centre in London will go on sale this week.The highest skyscraper located...

Mortgage Lending Increases

Mon, 11 Apr 2011 07:27:32 +0100

New figures from the Council of Mortgage Lenders have shown a slight increase in mortgage lending occurred in February. The announcement comes as good news for...

Money Advice Service Launched

Mon, 11 Apr 2011 07:00:00 +0100

The UK government has launched the new Money Advice Service to inform people on how to manage their money. The service, which can be used online, in person or...

UK Life Insurance Sector Sees Stable Growth

Fri, 08 Apr 2011 07:07:49 +0100

A new report published lately by the Confederation of British Industry and PricewaterhouseCoopers (PwC) revealed that UK life insurance sector has seen growth...

UK Homeowners Shouldn’t Leave Homes Unattended

Thu, 07 Apr 2011 08:35:10 +0100

Towergate Insurance, UK-based provider of boat, caravan, car, property and business insurance, warned UK homeowners and landlords against leaving uninsured...

Brits Repay Mortgages at a Record Rate

Wed, 06 Apr 2011 09:28:25 +0100

The latest report by the Bank of England suggests that last year UK borrowers repaid the largest amount of money in mortgages in the past 40 years.The sum of ...

Pet Insurance Is Cheaper than Dog Food

Mon, 04 Apr 2011 07:52:09 +0100

A recent study carried out by Good Housekeeping magazine revealed that an average Brit spends 30,000 to keep a dog over its lifetime. This figure includes not...

UK Mortgage Approvals Rise in February 2011 – BoE

Fri, 01 Apr 2011 08:33:45 +0100

Official data revealed by the Bank of England on March, 29th suggests that the number of mortgage approvals exceeded the expectations of analysts.As such,...

Brits Invest into ISAs to Save for Higher Education

Thu, 31 Mar 2011 07:24:39 +0100

The results of the latest research carried out by Virgin Money were revealed yesterday, on March 30th.It showed that instead of setting up student bank...

Barclaycard Platinum Credit Card Offers 25% on Balance Transfers

Wed, 30 Mar 2011 07:39:13 +0100

Platinum credit card by Barclaycard is known to be the one with the longest 0% balance transfer period of 18 months.From now on, all new holders of platinum...

Which? Comments on Electric and Diesel Cars

Tue, 29 Mar 2011 09:21:49 +0100

Earlier in March UK-based independent consumer group, Which?, said that electric cars are not any better than diesel cars, which caused negative reaction from...

Public Still Not Fully Informed About ISAs

Tue, 29 Mar 2011 07:00:00 +0100

Interesting new research from confused.com has shed light on consumers lack of awareness about ISAs. A surprising 43% have never had an ISA, whilst 14% don t...

AXA Identifies Hazardous Young Drivers in UK

Mon, 28 Mar 2011 08:33:29 +0100

A recent research by AXA, UK insurance company, revealed that there are approximately 1.5 million of so-called "stop start" drivers in Great Britain.This...

Firstbuy Direct Scheme Criticised by UK Property Experts

Fri, 25 Mar 2011 08:46:25 +0000

The British Parliament criticised the Firstbuy Direct schemed introduced in the Budget.UK economists and MPs are determined that this scheme, aimed to help...

Osborne Announces “Budget For Growth”

Fri, 25 Mar 2011 07:36:21 +0000

Chancellor of the Exchequer George Osborne revealed the UK government s budget for 2011 earlier this week, claiming his plans would put fuel in the tank of...

Home Insurance Premiums on The Rise

Fri, 25 Mar 2011 07:31:12 +0000

In the wake of a rise in fraudulent claims new research from moneysupermarket.com has indicated a significant 6% average rise in the cost of house insurance...

Conveyancing Alliance Ltd Launches New Product

Thu, 24 Mar 2011 08:23:32 +0000

Yesterday, on March 23rd it was announced that Conveyancing Alliance Ltd, UK-based online provider of conveyancing services, launched a new product.The product...

UK Insurers Comment on Travel Insurance and Trips to Japan

Wed, 23 Mar 2011 07:44:46 +0000

Terminal U, popular source of air and travel news, published a report on March, 22nd, in which it gives advice to UK tourists travelling to Japan.The magazine...

World Economies Feel the Aftershock of Japanese Disaster

Tue, 22 Mar 2011 07:48:53 +0000

In the wake of Japan s recent earthquake, tsunami and nuclear worries the world economy braces itself for further shocks at an already difficult time. The...

UK Debt Statistics Published by Credit Action

Tue, 22 Mar 2011 06:49:56 +0000

A report released by Credit Action, UK-based money education charity, suggests that personal debt in UK stood at 1,452 billion in the end of January.As for...

Co-operative Launches New Car Insurance for Young Drivers

Mon, 21 Mar 2011 08:31:32 +0000

Co-operative insurance has launched a new product, which is aimed at young drivers who value their money and life.Premiums, which will be based on the driving...

FSA Concerned Over Growing Number of High LTV Mortgages

Fri, 18 Mar 2011 07:29:46 +0000

A recent report on UK financial system prospects, published by the Financial Services Authority (FSA) on March, 17th 2011, suggests that Great Britain might...

Virgin Media Broadband Service Available in 1 Million Homes

Thu, 17 Mar 2011 04:57:46 +0000

Recently, broadband service by Virgin Media became available in more than 1 million homes in UK.The first time this service was introduced to Brits was in last...

MBNA Launches New Balance Transfer Credit Card

Wed, 16 Mar 2011 09:01:18 +0000

Today, on March 16th, MBNA launched its credit with the longest balance transfer period ever seen. As such, the product will feature 0% balance transfer rate...

England Might Face Housing Crisis in 2025

Tue, 15 Mar 2011 09:35:46 +0000

The latest research by the Institute for Public Policy Research revealed that the country might face another housing crisis by 2025.Experts at the IPPR expect...

UK Farmland Values to Increase by 9.7% in 2011 – Savills

Mon, 14 Mar 2011 09:01:37 +0000

A recent report by Savills showed that farmland values have increased dramatically in 2009 and 2010. The rise was most significant in the North of England,...

Mortgage Lending Fell 26% in January

Sun, 13 Mar 2011 07:00:00 +0000

A drop in the level of mortgage approvals in January has been reported by the Council of Mortgage Lenders, casting further negative light on the future of the...

Young Brits Adopt “Social TV” Habits – Digital Clarity

Fri, 11 Mar 2011 08:11:06 +0000

The latest survey carried out by Digital Clarity, UK-based digital marketing agency, revealed that more and more young Brits use so-called "social TV."As...

Energy Consumers owe £624 Million

Fri, 11 Mar 2011 07:00:00 +0000

Customers in the UK are in debt to their energy suppliers to the tune of 624 million new figures from uSwitch.com show. Average debt now sits at 126, which...

Google Might Launch Mortgage Comparison Service

Thu, 10 Mar 2011 07:19:30 +0000

Only a few days ago it was revealed that Google, giant search engine, acquired UK-based mortgage comparison website BeatThatQuote, a price comparison...

Government Announces State Pension Shakeup

Wed, 09 Mar 2011 11:07:48 +0000

The UK government announced plans yesterday for a major overhaul of the pensions system. Speaking at a conference for the charity Age UK, Work and Pensions...

More Brits Plan to Buy a Car in 2011

Wed, 09 Mar 2011 08:15:00 +0000

The latest data revealed in Sainsbury s Finance Car Buying Index suggests that the number of people who plan to buy a car in the next 6 month is at its 3-year...

UK Commercial Property Values Rise by 0.1%

Tue, 08 Mar 2011 08:28:38 +0000

According to the latest report published by IPD UK, commercial property values in UK rose by just 0.1% in January 2011.This slight increase only applied to...

Halifax House Price Index Records 0.9% Fall

Mon, 07 Mar 2011 07:00:12 +0000

Figures released on Friday by Halifax have suggested a 0.9% fall in the price of houses during February. The report suggests that the average house value now...

New Travel Insurance Comparison Portal Launched in UK

Mon, 07 Mar 2011 06:56:13 +0000

A new website for those who prefer to compare insurance prices before buying cover policy has been launched by Leaving on a Jet Plane Ltd.It aims to not only...

The First Conveyancing Firms to Obtain CQS Status

Fri, 04 Mar 2011 09:13:26 +0000

In the very end of February the first UK conveyancing companies underwent assessment by the Law Society and obtained the Conveyancing Quality Scheme (CQS)...

Broadband Providers Urged to Change Advertising Practice

Thu, 03 Mar 2011 09:31:57 +0000

Ofcom, Britain's watchdog for digital services, announced on Tuesday, March 2nd, that it wants all broadband providers to change their advertising...

Number of Pension Age Workers Doubled Over Ten Years

Thu, 03 Mar 2011 07:15:00 +0000

New figures released by the office of national statistics yesterday showed a significant increase in the number of state pension age people choosing to remain...

One in Three Teens Believe Using a Credit Card is not Spending Money

Thu, 03 Mar 2011 07:14:00 +0000

A new report published yesterday by UK retail bank Barclays shone some light on the attitudes of young people in Britain towards management of their money....

Student Loan Applications for 2011/2012 Open by Student Loans Company

Wed, 02 Mar 2011 06:57:57 +0000

Last week the Student Loans Company announced that it started to accept applications for student finance for the next school year.UK students are strongly...

UK Employment Rate to Remain Unchanged

Tue, 01 Mar 2011 07:53:38 +0000

The largest hiring agency in the UK, Hays, recently announced that the new jobs in the private sector are not enough to compensate the cuts in the public...

Insurers Braced for Equality Ruling

Tue, 01 Mar 2011 07:00:00 +0000

A critical ruling with significant implications for the future of the insurance industry is due to be delivered tomorrow (Tuesday 1st). The European Court of...

More Brits Plan to Buy Travel Insurance – TripAdvisor

Mon, 28 Feb 2011 08:49:08 +0000

The annual survey, Travel Trends, carried out by a popular website TripAdvisor revealed that at least 10% of Brits plan to travel more in 2011 than they did in...

UK Credit Card Users Lose £2.3billion a Year Due to Unpaid Debt

Fri, 25 Feb 2011 07:41:21 +0000

A report from price comparison website moneysupermarket.com has shown Brits are wasting billions of pounds a year by leaving unpaid debt on their ....

Mortgage Deals from Big UK Lenders Tend to Be Expensive

Thu, 24 Feb 2011 08:08:06 +0000

A recent research carried out by UK-based online comparison source Moneyfacts showed that the most attractive are not always available from big...

Nationwide Launches New Credit Card

Wed, 23 Feb 2011 07:40:41 +0000

Today, on February 23rd, Which?, UK-based consumer group, announced that Nationwide has withdrawn its popular Gold credit cards. Instead, the lender launched...

Many UK Customers Losing Out by Not Switching Home Insurance

Wed, 23 Feb 2011 07:01:09 +0000

House insurance customers in Britain are wasting an overall total of 1.7 million by failing to switch provider, new figures from price comparison website...

Libyan Troubles Push Up Global Oil Price

Tue, 22 Feb 2011 08:55:52 +0000

The price of oil reached a record high yesterday following the recent unrest in Libya. Fears about regime change and its effect on access to oil supplies in...

Brits Find Car Insurance Too Expensive

Tue, 22 Feb 2011 08:32:39 +0000

According to the latest research by comparison website Money Supermarket, more and more Brits turn to fuel efficient cars as auto insurance premiums rise.As...

UK Commercial Property Market Stabilises

Mon, 21 Feb 2011 09:02:50 +0000

A recent market analysis carried out by the Royal Institution of Chartered Surveyors (RICS) revealed that demand for UK commercial property stabilised in the...

AXA Insurance Reports 24% Fall in Profits

Fri, 18 Feb 2011 09:00:07 +0000

On Thursday, February 17th, AXA - the second largest insuring company in the European Union - announced it profits fell by 24% in 2010.The dramatic decrease is...

Government Announces Reprieve for Debt Advice Funding

Fri, 18 Feb 2011 07:23:40 +0000

With levels of consumer debt in the UK reaching staggering highs in recent times, it may have come as a shock to many that the coalition government revealed...

AA Raises Interest Rate on Savings Deal

Thu, 17 Feb 2011 08:46:12 +0000

One of the latest announcements made by Which4U, UK-based online comparison source, suggests that AA has increased interest rate on its savings accounts. This...

Broadband Connection Adds Value to UK House Prices

Wed, 16 Feb 2011 09:24:37 +0000

A recent research carried out by ISPReview, web-based source of ISP Internet Service Provider Information, showed that UK houses with fast and reliable...

UK Car Insurance Premiums Might Increase by 50%

Tue, 15 Feb 2011 08:52:21 +0000

As we have already reported, the EU might introduce new insuring rules should gender discrimination in this sector be outlawed.The decision is to be made next...

China Becomes World's Second Largest Economy

Tue, 15 Feb 2011 08:14:55 +0000

It emerged yesterday that the economy of China had overtaken that of Japan to become the second largest in the world. China s economy was worth $5.8 trillion...

Obama Unveils Tough Austerity Measures

Tue, 15 Feb 2011 08:13:42 +0000

United States President Barack Obama yesterday announced significant spending cuts in his budget plans for 2012. The budget, which Obama hopes will restore...

UK Banks Slash Personal Loan Rates

Mon, 14 Feb 2011 09:09:47 +0000

The month of January was marked by a fierce battle between UK personal loans providers for consumers' loyalty.Most banks decreased interest rates in an...

CML Reports a Decrease in Home Repossessions

Fri, 11 Feb 2011 07:45:45 +0000

According to a report published by the Council of Mortgage Lenders on its official website on February, 10th, the number of repossessions fell by 24% in...

Housing Market Improving But Remains ‘Sluggish’

Thu, 10 Feb 2011 07:11:07 +0000

A new report from the Royal Institute of Chartered Surveyors (RICS), the industry body which represents surveyors and other property professionals, has given a...

M&S Money Credit Card Is the Top Pick in UK

Thu, 10 Feb 2011 06:50:51 +0000

uSwitch, British online portal for those who seek to compare prices and switch providers, recently carried a credits card survey among its visitors.The survey...

Santander Accounts for 20% of UK Mortgages

Mon, 07 Feb 2011 08:46:30 +0000

Santander, a Spanish bank, recently revealed its profits. They grew by 11% in 2010 compared to 2009 despite the fact that its gross lending fell. One of the...

1,600 Mortgage Deals Launched in January

Mon, 07 Feb 2011 08:08:15 +0000

According to the statistics available from online mortgage system, Mortgage Brain, the number of residential mortgage deals currently stands at almost...

House prices Rise 0.8% in January – Halifax

Mon, 07 Feb 2011 07:50:13 +0000

During January house prices rose by 0.8%, according to a recent survey released by Halifax. The monthly change of +0.8% left average house prices at 164,173,...

Increase in Number of Mortgage Deals Available

Mon, 07 Feb 2011 02:32:37 +0000

New figures released by Moneyfacts.co.uk indicate a major rise in the number of mortgage products available on the market in the last two years. Although the...

Brits Scared of Driving Overseas

Fri, 04 Feb 2011 09:42:07 +0000

The latest opinion poll carried out by Carrentals, UK-based car rental service, revealed that Brits are scared of driving overseas.Such factors as unfamiliar...

Barclaycard to Eliminate 285 Jobs in UK

Thu, 03 Feb 2011 08:40:08 +0000

It has just been announced by Barclays, the 3rd largest lender in Great Britain, that as many as 285 of its employees in the Barclaycard division might be...

Credit Card Rates Highest in 13 Years

Thu, 03 Feb 2011 07:00:12 +0000

New data suggests that average rates of interest charged on credit cards has reached 18.9%, the highest level for 13 years, despite the Bank of England s base...

UK House Prices Increase by 91% in 10 Years

Wed, 02 Feb 2011 07:43:51 +0000

The latest research carried out by Halifax showed that UK house prices rose almost by 100% in the past 10 years.Interestingly enough, this figure stands at...

UK Economy Shrinks in Fourth Quarter of 2010

Wed, 26 Jan 2011 07:07:09 +0000

Shocking new figures were released yesterday by the Office of National Statistics suggesting the British economy shrank by 0.5% in the fourth quarter of last...

Work Experience Vital for Job Market Success

Wed, 19 Jan 2011 07:03:15 +0000

A comprehensive assessment of the graduate job market released yesterday urges that graduates without experience of employment are likely to struggle in the...

UK Commercial Property Prices Rise by 7%

Tue, 18 Jan 2011 08:51:03 +0000

The latest report from Investment Property Databank Ltd., for December 2010 suggests that prices on UK commercial property rose by 6.9% last year, marking the...

Home Insurance Claims Most Popular Among Fraudsters

Tue, 18 Jan 2011 08:18:16 +0000

A recent report published by the Association of British Insurers (ABI) suggests that home insurance is the main target of fraudsters so far. Their research...

UK Farmhouse Index for Q4 Published by Carter Jonas

Mon, 17 Jan 2011 07:44:40 +0000

On Friday, January 14th, the farmhouse index for December, 2010 was published by Carter Jonas.Commenting on the findings, Mrs. Catherine Penman of Carter Jonas...

Brits Choose Not to Buy Critical Illness Insurance

Mon, 17 Jan 2011 07:28:33 +0000

A recent research carried out by HSBC bank showed that many Brits (74% of those surveyed) are planning to make key changes to their lives in 2011.However,...

Rightmove Report 0.3% Increase in House Prices for January

Mon, 17 Jan 2011 07:26:04 +0000

Good news for the UK housing market was reported this morning by the property website Rightmove. It s monthly house price index showed a month on month...

UK Banks Impose Charges on Current Account Overdrafts

Fri, 14 Jan 2011 09:11:29 +0000

One of the latest reports by Money Maxim published this week suggests that more and more British banks and building societies are imposing charges on current...

US House Prices Fall Postponing Market Recovery – CoreLogic

Thu, 13 Jan 2011 07:52:32 +0000

A report on 2010 house prices in the United States, published by CoreLogic in January, suggests that property values declined by as much as 5.07%, marking 4...

January Is the Right Time for Personal Loans

Wed, 12 Jan 2011 09:01:23 +0000

The beginning of 2011 was marked by the introduction of low-interest loan deals for consumers with poor credit history by Santander, a Spanish-based...

Admiral Sells Its German Car Insurance Business

Mon, 10 Jan 2011 07:51:55 +0000

Admiral, a UK-based automobile insurance company that specialises in provision of cover for young drivers, announced the sale of its German business,...

Paragon Expects UK Buy to Let Mortgage Market to Improve

Mon, 10 Jan 2011 07:15:39 +0000

In the opinion of Mr. Terrington, chief executive of Paragon, access to buy to let financing will improve in 2011. According to estimates of Paragon, the...

UK House Prices Rise in December 2010

Tue, 04 Jan 2011 07:45:26 +0000

A recent report published by the Nationwide Building Society on Friday, December 31st suggests that UK house prices rose unexpectedly in the last month of...

Northern Rock Launches New Savings Deal

Tue, 28 Dec 2010 07:10:57 +0000

Recently, one of the leading British banks - Northern Rock - launched a new savings account with instant online access.Brits who are looking for a deal that...

Travellers with Credit Cards to Pay More for British Airways Tickets

Wed, 22 Dec 2010 07:41:37 +0000

In early December British Airways, one of the leading carriers in the country, made an unpleasant Christmas surprise for its customers.The company announced...

UK Businesses Are Not Ready for Pension Changes

Tue, 21 Dec 2010 09:01:57 +0000

A recent research carried out by Aon Hewitt, global human resources company, showed that almost a quarter of UK businesses are not ready for auto-enrollment...

UK Needs a Unified House Price Index

Mon, 20 Dec 2010 08:02:45 +0000

It has just been announced by the British government that a unified house price index is strongly required for the country.Jil Matheson of government's...

UK Households Struggle with Credit Card Debt – BoE

Fri, 17 Dec 2010 07:43:59 +0000

A recent report by the Bank of England (BoE) suggests that more than a quarter of households in Great Britain struggle with credit card debts.With an average...

UK Savings Rates Lag Behind Inflation

Thu, 16 Dec 2010 07:35:49 +0000

According to the news article published by Which?, UK-based independent consumer group, the official rate of CPI inflation exceeds the saving rates offered by...

UK Commercial Property Values Rise by 0.1% - IPD

Thu, 16 Dec 2010 07:02:46 +0000

According to the latest report by Investment Property Databank published on Tuesday, December 14th, the value of UK commercial property only increased by 0.1%...

More Bad News for UK Housing Market

Wed, 15 Dec 2010 07:01:00 +0000

A survey released yesterday by the Royal Institute of Chartered Surveyors reported a further fall in house prices through November, along with a drop in the...

Breakdown Cover Gift Cards Launched by RAC

Tue, 14 Dec 2010 07:56:37 +0000

RAC - a UK-based vehicle breakdown providing services and products for motorists - announced the launch of a gift card worth 29.This is a special Christmas...

The Student Loans Company Criticised by MPs

Tue, 14 Dec 2010 07:52:09 +0000

In a report published last week by MPs, the performance of the Student Loans Company is unacceptable because it left around 100,000 undergraduate students...

UK Life Insurance Industry to Grow in 2011 – Swiss Re

Mon, 13 Dec 2010 08:15:24 +0000

Summing up the market trends for 2010 and making forecasts for the year of 2011, Swiss Re, global life cover company, said that the industry of insurance and...

Danish Farmland Investors Leave Great Britain

Mon, 13 Dec 2010 08:07:19 +0000

According to an article in Farmers Weekly Interactive, property investors from Denmark, who have been attracted by British farmland in 2005-2008, preferred to...

UK Commercial Property Index Published by CBRE

Fri, 10 Dec 2010 07:38:22 +0000

UK Monthly Index compiled by CB Richard Ellis and published on December 7th 2010, showed that UK commercial property values rose by 0.2% in November.However,...

MPs Approve Increase in Tuition Fees

Fri, 10 Dec 2010 07:29:00 +0000

Members of Parliament yesterday voted to pass the Coalition Government s reforms to higher education funding in England. The changes will replace the current...

Santander Promotes Its Current Account Products

Fri, 10 Dec 2010 07:16:04 +0000

If you are unhappy with the cold and snowy weather in Great Britain or plan to switch your current account, consider taking advantage of the promotion offer by...

UK Gas and Electricity Providers Rated by Consumer Focus

Thu, 09 Dec 2010 08:34:11 +0000

As the cold weather hit Great Britain, most of gas and electricity providers in the country announced price rises, causing their customers' anger.UK consumers...

Brits Lose 50% of Pension Income in Administration Fees

Thu, 09 Dec 2010 07:50:07 +0000

A recent report by the Royal Society for the Encouragement of Arts (RSA) published in the Telegraph on December, 6th suggests that Brits are losing as much as...

Jamaica’s Half Moon Added to RockResorts Portfolio

Wed, 08 Dec 2010 08:03:35 +0000

A recent announcement from RockResorts International suggests that sophisticated travellers will be able to enjoy high-quality brand resorts on...

Brits Ignore Income Protection Insurance

Wed, 08 Dec 2010 04:49:28 +0000

The latest research carried out by Scottish Provident's Financial Safety Net suggests that more than half of UK consumers have no financial protection.As...

UK Consumers Choose Online Christmas Shopping

Tue, 07 Dec 2010 09:18:58 +0000

According to a recent report by Kelkoo, UK-based comparison website, heavy snowfalls in Great Britain resulted in huge losses for retail stores as some of its...

Land Registry to Review Land Registration Legislation

Tue, 07 Dec 2010 07:47:20 +0000

Land Registry has launched a consultation, which is aimed at making changes to land registration legislation.As such, the organisation plans to amend the...

EDF Energy Offer Best Dual Fuel Deal

Mon, 06 Dec 2010 07:01:17 +0000

Moneysupermarket.com has revealed the results of a new survey comparing gas and electricity suppliers in the UK. The survey suggested that EDF Energy's Online...

Snowfalls Result in Flight Delays across Europe

Thu, 02 Dec 2010 07:59:34 +0000

Today's reports suggest that weather conditions in Europe result in significant flight delays and cancellations.December 2nd is the second consecutive day of...

UK Needs Improvements in Mobile and Broadband Services

Thu, 02 Dec 2010 07:42:05 +0000

A recent report released by Ofcom suggests that Great Britain lags behind other nations in terms of availability of super-fast broadband and mobile...

House Prices Take a Further Tumble

Thu, 02 Dec 2010 07:01:00 +0000

New reports released this week have dealt a further blow to the UK housing market. On Monday figures released by property market analysis firm Hometrack...

UK Farmland Values Flatten in Q3 – Knight Frank

Wed, 01 Dec 2010 09:29:26 +0000

A recent research carried out by Knight Frank suggests that farmland values in England increased by no more than 0.8% in the third quarter of 2010.At the...

Sustainable Commercial Properties Are Beneficial – Knight Frank

Wed, 01 Dec 2010 09:17:36 +0000

A recent report by Knight Frank suggests that British investors will soon pay more attention to sustainability of commercial property rather than to quick ROI...

UK Borrowers Urged to Shop Around for Best Deal

Tue, 30 Nov 2010 09:45:01 +0000

With the Christmas period fast approaching, those considering a personal loan are advised to make sure they shop around to get the best possible deal....

Many Scots Unable to Open Bank Accounts

Tue, 30 Nov 2010 08:43:59 +0000

According to a new report, entitled "Banking on the Basics" published by Citizens Advice Scotland (CAS), one in 10 citizens of Scotland do not have a bank...

Beware of Home Burglars This Christmas

Tue, 30 Nov 2010 08:31:43 +0000

In the run up to Christmas, Towergate, UK-based specialist insurance company, warned homeowners against burglars who might steal cash and/or valuable...

Tim Jones Appointed Chief Executive at NEST

Mon, 29 Nov 2010 08:28:59 +0000

Let us remind that the British Government decided to introduce NEST - National Employment Savings Trust - from the year of 2012. This program will oblige all...

UK Consumers Buy Cheap Life Insurance – Datmonitor

Mon, 29 Nov 2010 08:05:12 +0000

A recent research carried out by Datamonitor - independent provider of business data, analysis and opinion - showed that British consumers are too focused on...

Over 26,000 Motorcycles Stolen in UK Annually

Fri, 26 Nov 2010 08:59:10 +0000

A recent research carried out by Express Insurance - UK-based specialist motorcycle insurer - showed that bikers are highly unlikely to see their stolen...

International Students in York Unable to Access Banking Services

Fri, 26 Nov 2010 08:13:58 +0000

International students who arrived this year in York claim they have problems setting up accounts in UK banks and resolving other financial matters.Moreover,...

UK Investors Turn to Farmland in Eastern Europe

Thu, 25 Nov 2010 08:01:13 +0000

It has been reported that many British investors have turned to farmland in Eastern Europe and CIS countries because it is not only cheaper, but also more...

Christmas Holidays Drive Brits Into Debts

Thu, 25 Nov 2010 07:44:56 +0000

In the run up to Christmas, Consumer Intelligence, UK-based financial website, carried out a research, which revealed that many Brits are still repaying their...

Nationwide Launches Christmas Savings Deals

Wed, 24 Nov 2010 06:09:53 +0000

In the run up to Christmas, Nationwide - one of the leading UK building societies - launched several top-rate savings accounts. As such, the newly introduced...

Buy to Let Landlords Benefit from Limited Mortgage Availability

Wed, 24 Nov 2010 05:50:12 +0000

A recent research carried out by Rightmove, a property website, suggests that UK buy to let landlords are the ones who benefit from scarce mortgage...

IVA Might Become More Demanded

Tue, 23 Nov 2010 07:47:21 +0000

The latest statistics from the Office for National Statistics (ONS) suggests that unemployment rate fell by 0.1% and employment improved by 0.3%, reaching...

Pet Insurance Finalists of Moneyfacts Awards Listed

Tue, 23 Nov 2010 07:12:14 +0000

Consumer Moneyfacts Awards is the annually held awards ceremony, which gives UK consumers an opportunity to leave their honest feedback on various financial...

UK Annual Pensions Increase – Aon Hewitt

Mon, 22 Nov 2010 09:40:41 +0000

According to figures revealed recently in the Aon Hewitt's DC Index, UK workers are lucky to have their annual pensions increased.Over the past month, annual...

Chaucer to Promote Its UK Car Insurance Brand

Mon, 22 Nov 2010 09:36:21 +0000

Chaucer, a British division of Chaucer Holdings Plc, will develop a direct brand for its motor insurance in Great Britain. This move comes in the framework of...

UN report stokes fears of rising prices and another food crisis

Fri, 19 Nov 2010 07:22:30 +0000

A report by the UN’s Food and Agriculture Organisation has forecasted a worrying rise in staple food prices for 2011 that may put the world on the brink...

Ireland looks set for Bailout Funded by the UK, EU and IMF

Fri, 19 Nov 2010 07:00:16 +0000

The Irish government will begin negotiations today with the International Monetary Fund in the hope of securing assistance to remedy its problematic financial...

UK Gas Providers Might Lose Customers Due to Price Rises

Thu, 18 Nov 2010 08:28:44 +0000

Last week, on November 12th, UK-based comparison website Moneysupermarket published its comments on the rises in gas and electricity prices in the...

UK Personal Loan Rates Fall – Moneysupermarket

Thu, 18 Nov 2010 08:11:04 +0000

A recent report published by a comparison portal Moneysupermarket suggests that rates on UK personal loans have finally started to come down from their 5-year...

Mortgage Availability Damages UK Property Market – Persimmon

Tue, 16 Nov 2010 06:02:20 +0000

Persimmon, one of UK-based housebuilding groups, published a report yesterday on November 15th, in which it blamed the mortgage market for the low level of...

Cater Allen Launches 3% Business Account

Tue, 16 Nov 2010 05:45:57 +0000

UK business that are not interested in credit, but rather in savings, might benefit from the new deal launched by Cater Allen - part of Spanish-based Santander...

Irish Students Will Have Access to UK Loans

Mon, 15 Nov 2010 05:57:28 +0000

Changes are planned to be introduced into the UK student system as soon as in 2012.Students from Ireland or European Union, who want to study in English...

UK Auto Insurance Premiums Rise by 40%

Mon, 15 Nov 2010 05:42:20 +0000

The latest research carried out by the AA showed that UK car insurance premiums rose by as much as 40% in the past year due to the increase in fraudulent...

Handbag Dogs Need to Be Covered by Pet Insurance

Fri, 12 Nov 2010 08:03:05 +0000

Sainsbury's Pet Insurance recently announced that handbag dogs are becoming more and more popular in Great Britain as they are being "promoted" by...

UK Repossessions Fall by 30% - CML

Fri, 12 Nov 2010 07:36:22 +0000

In its latest report, the Council of Mortgage Lenders (CML) revealed that the number of repossessions in Great Britain in Q3 has fallen by 27% as compared with...

The Post Office Delivers Travel Credit Card Tips

Thu, 11 Nov 2010 08:03:43 +0000

A recent research carried out by the Post Office - UK leading provider of travel cards, travel insurance and post services - revealed that Brits are still keen...

Sky Digital TV Now Has Over 10 Million Customers

Thu, 11 Nov 2010 07:38:02 +0000

On November 8th, 2010 Sky announced that it has finally reached the goal it set 6 years ago. The number of Sky digital TV customers in UK and Ireland reached...

Drastic action taken by the government as Korean cabbage prices go through the roof

Thu, 11 Nov 2010 07:06:48 +0000

An alarming increase in cabbage prices in South Korea has caused the countries President to step in and take drastic action.Kimchi, a traditional pickled...

Gold Prices at a Record High

Wed, 10 Nov 2010 07:33:59 +0000

The price of gold continued to rise yesterday (Tue 9th) after surpassing $1400 dollars an ounce for the first time ever on Monday. Surging prices come in the...

New Secured Loan Scheme Introduced by Portal Portfolio

Wed, 10 Nov 2010 06:51:11 +0000

Last week, the British pension-backed secured loan lender - Portal Portfolio - introduced a new type of loans that allows Brits to not only obtain credit for...

Parents Urged to Take Care of Buggies – Halifax Home Insurance

Tue, 09 Nov 2010 08:06:33 +0000

An unexpected report was published by Halifax Home Insurance on November 6th, 2010. The research carried out by the company suggests that sales of baby...

UK Credit Card Fraudsters Attack Salesroom

Tue, 09 Nov 2010 07:52:05 +0000

UK auctions were hit by a major credit card fraud in late October 2010.Unknown man, who used different names including Alistair Goldsmith, Richard Baker and...

Life Annuity Rates Continue to Decline – Moneyfacts

Mon, 08 Nov 2010 06:58:41 +0000

A report by Moneyfacts, UK financial portal, suggests that annuity rates are continuing to slide making it harder for Brits to have sustainable retirement...

UK Commercial Property Market Slows Down – CBRE

Mon, 08 Nov 2010 06:40:52 +0000

Data on commercial property values published by CB Richard Ellis (CBRE) on Friday, November 5th, showed that growth on the UK market slowed in October.On...

Break-through Technology Introduced by Incident Support Group

Fri, 05 Nov 2010 05:34:39 +0000

A break-through technology that enables incident managers to get an alert every time the vehicle gets involved into a collision has been developed and launched...

DIY Wills Should Be Avoided – SWW

Fri, 05 Nov 2010 05:23:22 +0000

A recent announcement made by Brian McMillan, director general of Society of Will Writers - a non-profit organisation, which seeks to protect and serve the...

Film4 launches movies-on-demand service

Thu, 04 Nov 2010 07:30:43 +0000

Channel 4 today revealed their plans to extend the Film4 brand with a new on-demand service called Film4OD. The service, a collaboration with pay-per-view...

China is Making a Move to Manage the Inflation Expectations

Thu, 04 Nov 2010 07:30:28 +0000

The Chinese Monetary Policy report Q3 2010 published by People’s Bank of China on November 2 claims that the price trend in China seems uncertain and...

MBNA to Join Banks Introducing Contactless Credit Cards

Thu, 04 Nov 2010 06:55:42 +0000

Earlier, we have reported that Virgin Money follows the suit of Barclaycard and introduces contactless cards for its clients in the UK.Now, this initiative is...

New Car Loan Deal Introduced by Nissan Finance

Thu, 04 Nov 2010 06:42:07 +0000

Since the launch of Nissan Juke, the car which proved to be a great success for the manufacturer, Nissan Finance - the company's lending division - decided to...

UK Gas Prices to Increase This Winter

Wed, 03 Nov 2010 08:22:01 +0000

Prices for gas in the UK firmed yesterday, on Tuesday November 2nd as the weather became colder and demand from consumers increased. This fact also coincided...

Brits Should Buy Insurance when Going Christmas Shopping

Wed, 03 Nov 2010 07:35:47 +0000

As holidays are approaching, many Brits might head out to other European countries for Christmas shopping.Many of them, however, might neglect trip insurance...

Personal and Credit Card Debt More than UK GDP

Tue, 02 Nov 2010 08:28:37 +0000

A report published by Credit Action suggests that in September 2010 the overall amount of money owed by British consumers exceeded the country's gross...

UK Housing Market Continues to Slow

Tue, 02 Nov 2010 07:42:10 +0000

A new report released yesterday (Mon 1st) by housing market analysis firm Hometrack showed a 0.9% fall in house prices during October. These alarming figures...

UK Employment Market Improves – Antal

Tue, 02 Nov 2010 07:42:00 +0000

The latest survey "Global Snapshot" carried out by Antal, international recruitment company, showed that UK jobs market is improving as more and more...

Singapore Exchange (SGX) agrees deal with Australian Securities Exchange (ASX) to create potential Asian powerhouse

Tue, 02 Nov 2010 07:35:40 +0000

The Singapore Exchange (SGX) announced on Monday the agreement of an US$8.4 billion takeover of the Australian Securities Exchange (ASX). If it were to go...

Recession clamps down on employee sick days

Tue, 02 Nov 2010 07:30:02 +0000

A company that aims to fight employee absenteeism claims the recession is helping to reduce the amount of people taking time off work.Last year staff taking...

Luxury homes in London still in high demand

Tue, 02 Nov 2010 07:29:58 +0000

Despite the lasting effects of the recession and credit crunch, it seems that at least one area of lavish spending is making a comeback. Luxury homes in...

Spending Cuts to Affect UK Motorcyclists - Swinton Insurance

Mon, 01 Nov 2010 08:38:41 +0000

The spending cuts announced by George Osborne might lead to a decrease in the safety of UK motorcyclists, warns Swinton Bikes, British insurance company...

RBS and NatWest to Change Overdraft Charges

Mon, 01 Nov 2010 08:16:07 +0000

A recent announcement from RBS (Royal Bank of Scotland) and NatWest suggests that the lenders will change their overdraft policies in the near future.As soon...

UK Web Industry value soars to £100 billion

Mon, 01 Nov 2010 07:30:00 +0000

A report for Google revealed that the internet is worth £100 billion to the UK economy, more than 7% of the national income. The sector currently...

Income Protection Insurance Might See Increased Demand

Fri, 29 Oct 2010 06:39:28 +0100

The Comprehensive Spending Review published by the UK Government was followed by a statement of Income Protection Task Force.Its co-chairman, Mr. Waller...

Virgin Money Introduces Contactless Credit Cards in UK

Fri, 29 Oct 2010 06:25:17 +0100

Virgin Money, a UK lender, announced it decided to join the contactless payment system. This means that almost 2 million Brits who hold Virgin Money credit...

UK Farmhouse Market Is Static – Carter Jonas

Thu, 28 Oct 2010 09:35:39 +0100

A recent research published by Carter Jonas suggests that the values of UK farmhouses remained static from the last quarter.However, they ranged dramatically...

UK Commercial Property Demonstrates Muted Growth

Thu, 28 Oct 2010 09:13:15 +0100

The latest report on British commercial property published by IPD (Investment Property Databank) last week suggests that values of business property in the...

New Lender to Enter UK Residential Mortgage Market

Wed, 27 Oct 2010 09:30:01 +0100

On Tuesday, October 26th, Precise Mortgages, a UK-based mortgage lender that aims to help mortgage market recover, announced it received an approval from the...

UK Needs to Improve Its Investment Status

Wed, 27 Oct 2010 09:09:47 +0100

A research carried out by Ipsos MORI, a leading UK-based company specialising in market research, showed that Great Britain became less attractive for foreign...

Almost 20% of Brits Lack Travel Insurance - ABTA

Tue, 26 Oct 2010 08:17:59 +0100

2010 ABTA Consumer Trends survey carried out by ABTA, UK-based travel association, showed that 19% of British holidaymakers are at risk of facing huge bills...

The Great Big Rabbit Survey Launched by RSPCA

Tue, 26 Oct 2010 07:50:07 +0100

According to a report published Animal Friends Insurance Services, anyone who owns or loves rabbits can participate in the project launched by the Royal...

PruProtect Critical Illness Insurance Covers 161 Conditions

Mon, 25 Oct 2010 08:26:07 +0100

PruProtect, a UK provider of health and life insurance, announced that it has expanded its list of serious illness conditions by adding 8 new, 7 of which are...

UK Banks No Longer Pay Interest on Current Accounts

Mon, 25 Oct 2010 08:02:01 +0100

A recent report published by Moneyfacts, online financial source, suggests that most British banks no longer pay interest to holders of current accounts who...

State Pension Age to Be Increased Earlier than Expected

Fri, 22 Oct 2010 06:49:49 +0100

UK Chancellor George Osborne surprised most Brits with his announcement that the government pension age will be raised to 66 years by 2020.The whole country...

Sale of Payment Protection Insurance Might Be Banned

Fri, 22 Oct 2010 06:20:38 +0100

The British Competition Commission announced that it plans to work on the introduction of a ban on sale of payment protection insurance (PPI) alongside with...

UK Broadband Benefitted from Comprehensive Spending Review 2010

Thu, 21 Oct 2010 07:26:29 +0100

The latest Comprehensive Spending Review (CSR) published by the UK Government on Wednesday, October 20th, brought good news for some sectors and bad - for...

UK Buy to Let Properties Highly Demanded in Q3

Thu, 21 Oct 2010 07:03:54 +0100

According to a comparison portal Which4U, Paragon Group has published a new Private Rented Sector Trends report for the 3rd quarter of 2010.The figures...

Reckless Drivers Make Car Insurance Expensive

Tue, 19 Oct 2010 09:01:12 +0100

A recent report published by Young Marmalade, provider of insurance and cars for young drivers, suggests that the premiums Brits pay can be significantly lower...

UK Government to Regulate Credit Card Market

Tue, 19 Oct 2010 08:32:38 +0100

British Government plans to introduce stricter regulation of the credit and store card market in an effort to promote fair treatment of consumers.In the...

UK Farmland Prices Demonstrate Slower Growth

Mon, 18 Oct 2010 08:19:01 +0100

A recent report by Knight Frank showed that UK farmland prices have seen slower growth in the time period from July to September. As such, they only increased...

UK House Prices Rise by 3.1% - Rightmove

Mon, 18 Oct 2010 07:59:06 +0100

The report published by Rightmove on Monday, October 18th suggests that house prices in Great Britain rose in October as sellers refused to adjust their...

UK Reward Cards Should Be Used with Caution

Fri, 15 Oct 2010 06:47:10 +0100

According to a recent statement made by Mr. Marday of online credit card portal, Compare Prepaid, suggests that reward credit cards are not the best option for...

Tesco to Enter UK Life Insurance Market

Fri, 15 Oct 2010 06:26:29 +0100

Tesco, a UK retailer, is expected to expand its range of financial services by entering the market of life assurance. The company, which is already present on...

UK Debt Management Firms Exploit Consumers

Thu, 14 Oct 2010 07:47:27 +0100

A report published by the Office of Fair Trading (OFT) showed that many British debt management companies focus on sales rather than help to their clients.One...

UK First-time Buyer Mortgage Deposits Are Impossible

Thu, 14 Oct 2010 07:32:19 +0100

The new "Financial Barriers to Home Ownership" report published by Genworth UK - worldwide provider of lifestyle protection, mortgage protection insurance,...

Fortis UK to Provide Travel Insurance for Tesco Bank

Wed, 13 Oct 2010 06:47:06 +0100

Recently Tesco Bank announced it has agreed a £59 million deal with Fortis UK, according to which the latter will provide travel insurance to thousands...

Switching of Bank Accounts Discussed by BBA, OFT and Consumer Focus

Wed, 13 Oct 2010 06:01:47 +0100

A recent report by Consumer Focus urged UK banks to simplify the process of switching bank accounts. According to the organisation's statistics, many Brits...

UK Electricity Market Needs Radical Reform

Tue, 12 Oct 2010 10:06:42 +0100

According to the latest report of Reuters published on Monday October 11th 2010, the British government is determined that the country's power market needs a...

Nationwide Increases Savings Rate on Its Online Deal

Tue, 12 Oct 2010 09:26:27 +0100

The Nationwide Building Society has improved the terms of the online savings account, which has been so popular with the lender's clients.From October 8th,...

Canada Life UK Launches New Critical Illness Cover

Mon, 11 Oct 2010 08:52:24 +0100

A recent report by the group insurance division of Canada Life UK showed that 70% of employees have no critical illness cover. Only 50% of those questioned by...

Almost 93% of Brits Connected to Digital TV

Mon, 11 Oct 2010 08:04:59 +0100

In its Digital TV Progress Report for the quarter 2 of 2010, Ofcom, UK independent regulator for telecommunication businesses, claimed that the proportion of...

Barclays Slashes Mortgage Interest Rates

Fri, 08 Oct 2010 07:46:33 +0100

Woolwich, the mortgage arm of Barclays, a leading UK bank, has increased its mortgage lending by 42% in 3 years, which compares to an industry average of...

UK House Price Index Published by Halifax

Fri, 08 Oct 2010 07:13:48 +0100

The latest House Price Index published by Halifax, part of the Lloyds Banking Group on Thursday, October 7th, suggests property values have decreased in...

ISAs More Popular among Men than Women

Thu, 07 Oct 2010 08:07:22 +0100

The latest study, results of which were published on October, 5th, suggests that more men than women in Scotland have individual savings accounts (ISAs).A...

UK Consumers Lack Life Insurance – Scottish Provident

Thu, 07 Oct 2010 07:31:41 +0100

The research carried out by Scottish Provident, a British insurance company, showed that almost one third of UK consumers have no life cover.This trend,...

Rates on UK Personal Loans Rise by 17%

Wed, 06 Oct 2010 06:23:12 +0100

The latest research carried out by Sainsbury's Finance, one of the high-street lenders in Great Britain,loans for personal purposes are becoming less...

Property Investment Funds to Spread in UK

Wed, 06 Oct 2010 06:11:34 +0100

Since the British Government aims to revive the house building market, investment funds might become widespread around the country. As such, Aviva Plc., the...

UK Motorcyclists Have Sunday Bikes – Swinton Insurance

Tue, 05 Oct 2010 09:18:30 +0100

The latest research carried out by Swinton Insurance, one of the leading providers of bike cover in the UK, revealed that one in three Brits have more than one...

Stakeholder Pensions Popular among Brits

Tue, 05 Oct 2010 09:01:16 +0100

Brits investing in stakeholder pension have seen a 4.38% growth as the contributions have increased to £13,994, up from £10,800 in 2001.Let us...

The Number of UK Car Loans Increases in 2010

Mon, 04 Oct 2010 07:42:40 +0100

The recent figures revealed by the Finance and Leasing Association (FLA), UK industry regulator in the sector of asset, consumer and motor finance, suggest...

UK Students Should Choose Overdraft-free Bank Accounts

Mon, 04 Oct 2010 07:13:28 +0100

Experts of an online comparison source, Moneyfacts, published a report, in which they recommend UK students to avoid bank accounts that offer freebies....

Many Brits Rely on Equity Release, not Pension

Fri, 01 Oct 2010 08:33:24 +0100

A recent research by LV=, UK retirement specialist, showed that the vast majority of Brits still believes that property is the best way to save for pension. As...

British Insurance to Support Public Sector Workers

Fri, 01 Oct 2010 08:07:21 +0100

As the British Government plans to cut thousands of state jobs, most providers of UK mortgage payment protection insurers are being restrictive by increasing...

UK Banks Increase Interest Rates on Secured and Unsecured Loans – BoE

Thu, 30 Sep 2010 08:56:12 +0100

The report by the Bank of England, which can be found in its quarterly bulletin, suggests that interest rates on loans in the United Kingdom rose.The increase...

Which? Says Reward Credit Cards Are Costly

Thu, 30 Sep 2010 08:30:37 +0100

The latest research carried out by British consumer group Which? showed that some of rewards credit cards offered by airlines in the framework of loyalty...

Fidelity Expands Its UK Property Portfolio

Wed, 29 Sep 2010 06:55:45 +0100

Fidelity Investment Managers, a British investment management fund that specialises in ISAs and SIPPs, has purchased several UK commercial properties, thus...

Standard Life Increases the Cost of SIPPs

Wed, 29 Sep 2010 06:37:19 +0100

Standard Life, one the largest UK pension providers and the leader on the market of self invested personal pensions (SIPPs), recently announced that it...

Unrivaled Platinum Credit Card Deals Launched by MBNA

Tue, 28 Sep 2010 08:41:46 +0100

MBNA, one of the largest UK credit card providers with over 6 million customers, entered the top 10 of affordable lenders as it launched 2 new platinum credit...

Barclays Plans to Get Back on Commercial Mortgages Market

Tue, 28 Sep 2010 08:19:19 +0100

Barclays, the 4th largest lender in Great Britain, announced it plans to get back onto the commercial property market. Let us remind that the bank managed to...

Nationwide Abolishes Remortgage Fees

Mon, 27 Sep 2010 07:42:42 +0100

On Friday, September 24th, a range of new remortgage deals have been introduced by Nationwide in an attempt to support the customers.The new 2-, 3-, and 5-year...

Express Insurance to Be Advertised on Facebook

Mon, 27 Sep 2010 07:20:19 +0100

The cooperation between Tamar - the leading British agency specialising in search and social conversion - and Express Insurance aims to strengthen the position...

Brits to be Wary of Cheap Conveyancing Services

Fri, 24 Sep 2010 07:48:09 +0100

A number of UK firms have come together to warn British house sellers and house buyers that they should be careful with conveyancing firms offering cheap...

Co-operative Launches Free Current Accounts

Fri, 24 Sep 2010 07:21:36 +0100

Mr. John Hughes, representative of Co-operative, announced that the bank will now offer its ultimate Privilege and Privilege Premier Packaged Current Accounts...

UK Car Insurers Call for Teenagers Driver Licences

Thu, 23 Sep 2010 08:11:42 +0100

A recent research carried out by Cardiff University suggests that the number of road incidents and deaths could be significantly decreased if driver licences...

CML Reports a Dramatic Fall In Mortgage Lending

Thu, 23 Sep 2010 07:51:38 +0100

The latest figures published by the Council of Mortgage Lenders (CML) on Monday, September 20th suggest that the number of mortgages given out by British banks...

Borrowers Urged to Be Careful When Choosing Loans

Wed, 22 Sep 2010 08:22:26 +0100

In the opinion of Mr. Mark Bower of online source MoneyMaxim, loans offered by your trusted banks might not be the cheapest ones available.Instead, managing...

150,000 Brits Benefit from Digital TV Switchover Helpline

Wed, 22 Sep 2010 07:56:44 +0100

The latest report published by the Digital Switchover Help Scheme (DSHS) suggests that over 350,000 households in Great Britain have already been switched to...

UK Students Targeted by Online Fraudsters

Tue, 21 Sep 2010 07:55:46 +0100

Student Loans Company says that students in Great Britain have to be wary of fraudulent e-mails they might receive as the new academic year begins. Most of...

Legal & General to Offer Will-writing Services

Tue, 21 Sep 2010 07:41:12 +0100

Legal & General, a UK leading provider of investment and insurance services, announced that it will soon offer advisors and their clients will-writing...

UK Credit Card Spending Increases by 10%

Mon, 20 Sep 2010 07:19:36 +0100

According to the latest research carried out by Barclaycard, credit as well as debit card spending skyrocketed in August 2010 by 10% compared to the same...

Tesco Offers 20% Off Pet Insurance

Mon, 20 Sep 2010 07:07:08 +0100

British pet owners can now take advantage of the discounted offer introduced by one of the market leading pet insurers in the country. Tesco, a UK bank, has...

UK Utilities Companies to Be Investigated by Ofgem

Fri, 17 Sep 2010 08:28:59 +0100

Ofgem, British energy regulator, recently announced that it has launched an investigation, which is supposed to reveal whether 4 leading UK gas and energy...

Brits Do Not Have Pension Plans – Baring Asset Management

Fri, 17 Sep 2010 07:59:01 +0100

A recent research by a global investment management company, Baring Asset Management, showed that almost one half of British women does not have a pension.As...

Aviva Pays Out 93% of Critical Illness Claims

Thu, 16 Sep 2010 12:09:28 +0100

In its latest report, Aviva, one of the leading British insurance companies, claimed that it upheld 684 critical illness (CI) claims in the first 6 months of...

Lloyds Banking Group Gets the Most of Complaints

Wed, 15 Sep 2010 07:39:04 +0100

The report of the Financial Ombudsman Service suggests that the number of complaints about inappropriate sale of payment protection filed by borrowers of the...

Barclaycard Platinum Back on Top

Wed, 15 Sep 2010 07:01:20 +0100

According to Mrs. Julia Kukiewicz of Credit Card Comparison, Barclaycard Platinum is now the best offer Brits interested in 0% cards can get.This Barclaycard...

House Price Falls Ahead, Suggests Barometer Index

Tue, 14 Sep 2010 09:12:07 +0100

Of all the indices that are supposed to display the hallmark of a barometer, none fit the bill more precisely than the monthly index from the Royal Institution...

Self-employed Brits Struggle to Repay Debt

Tue, 14 Sep 2010 06:53:08 +0100

According to the Consumer Credit Counselling Service, it will be unable to help 50% of self-employed Brits, who have contacted its Self-Employed Centre in...

Student Loans Are No Longer Interest-free

Tue, 14 Sep 2010 06:27:04 +0100

Bad news has come for students: from September 1st, they will have to pay interest on their loans. Last year, the Student Loans Company charged 0% interest...

Zurich Insurance Fined by FSA for Data Loss

Mon, 13 Sep 2010 11:02:32 +0100

Financial Services Authority, Britain's financial regulator, announced it imposed a huge fine on Zurich Insurance, a leading European insurance provider. The...

Scotland Plans to Launch New Digital TV Channel

Mon, 13 Sep 2010 08:33:06 +0100

According to a media release published by the Scottish Government, the idea of setting up a new digital TV channel in the country has been revived. Mrs....

Unemployed Households Rate Reaches 22.6%

Fri, 10 Sep 2010 12:07:02 +0100

According to the latest statistics compiled by the Office for National Statistics, the proportion of unemployed households in Scotland reached 22.6% or 411,000...

OpenConvoy Adds New Solicitor to Its Panel

Fri, 10 Sep 2010 11:51:26 +0100

OpenConvoy, a reputable online portal for conveyancing intermediaries working in the sphere of residential and commercial property, has announced that it added...

Impaired Life Annuities Sales Increase by 40%

Thu, 09 Sep 2010 09:56:57 +0100

According to a research carried out by Towers Watson, sales of enhanced annuities rose by more than 40% in the first half of this year. They reached...

Gold Credit Card Launched by Sainsbury’s Finance

Thu, 09 Sep 2010 09:01:16 +0100

According to the latest announcement by Sainsbury's Finance, it has launched a new credit product. The lender claims its new card, Gold Credit Card, is...

Mortgage Rate Cuts Introduced by Halifax

Wed, 08 Sep 2010 09:05:13 +0100

One of the leading British mortgage lenders, Halifax of Lloyds Banking Group, announced a 0.5% cut on all its mortgage products.Those UK borrowers who apply...

Nationwide Slashes Personal Loan Rates

Wed, 08 Sep 2010 08:44:17 +0100

The Nationwide Building Society recently announced that it reduces rates on personal loans down to 7.6% APR. This move made the lender's personal loan offer...

BIBA Helps Brits Find Home Insurance

Tue, 07 Sep 2010 08:36:40 +0100

Most of the time, it is not very challenging to shop for the right house insurance online. The vast majority of high-quality comparison websites make it easy...

AA Reports Dramatic Increase in Insurance Premiums

Tue, 07 Sep 2010 08:23:31 +0100

According to a new research, the results of which were published on Saturday, September 4th, the cost of car insurance in Great Britain is growing at the...

More Job Losses as RBS to close half of their insurance centres

Fri, 27 Aug 2010 09:47:21 +0100

Back in May RBS announced its plans to cut 2600 jobs.Now they have informed their staff about their plans, which include closure of 14 out of 27 insurance...

The Pension Fund Reveals its Long Term Plans

Thu, 26 Aug 2010 11:42:45 +0100

At the beginning of this century, many pensioners were left devastated and faced the collapse of their pension scheme.The fund was created five years ago with...

Savings Shrink to Supplement Income

Wed, 25 Aug 2010 08:12:54 +0100

Recent research conducted by Schroders, revealed that approximately a third of Brits have withdrawn funds from their savings and investment accounts to top up...

Lloyds Banking Group Leaves Ireland

Mon, 23 Aug 2010 07:49:23 +0100

Lloyds does not intend to prolong its Republic of Ireland banking licence as it ends banking activities within the country, which have led to more than a 1.5...

Almost Three-quarters of English Households Have Access to Broadband

Mon, 23 Aug 2010 07:38:46 +0100

Recent studies have shown that England has the largest degree of coverage in the UK. Ofcom states that broadband is now available in one form or another to 71%...

Agreed IVAs Hit Its All-time High

Fri, 20 Aug 2010 07:15:30 +0100

According to the last figures released by the Insolvency Service, an average of 140 people applied for IVA every day.The number of borrowers unable to repay...

UK Broadband Companies Unhappy with the Tax

Fri, 20 Aug 2010 07:14:26 +0100

In the opinion of British network service providers, the fact that the Government refuses to review tax of fibre optic networks puts the whole industry in a...

CML Reports a Rise in Buy to Let Lending

Thu, 19 Aug 2010 07:43:08 +0100

The latest figures released by the Council of Mortgage Lenders (CML) suggest that buy to let mortgage lending has hit its highest level in the second quarter...

Brokers to be Wary When Choosing Conveyancing Partners

Thu, 19 Aug 2010 07:24:06 +0100

It has recently been reported that UKconvey, also known as Norman Saville, has been suspended.The conveyancing company, considered to be the best one in Great...

Current Accounts Are Expensive – Which?

Wed, 18 Aug 2010 07:38:26 +0100

The latest research carried out by Which?, a UK consumer group, showed that banking in Great Britain is not as inexpensive as many people tend to believe....

Sainsburys Insurance Alarmed by Pet Owners’ Behaviour

Wed, 18 Aug 2010 07:16:45 +0100

Sainsburys Insurance, one of the leasing British firms providing cover, has carried out a research among pet owners and learned that almost 2.88 million people...

GE to launch the first online bank in the UK after the crisis

Tue, 17 Aug 2010 07:43:09 +0100

General Electric, a global US company, is scheduling to set up an online bank in the UK. The financial department of the corporation, GE Capital, has already...

New Income Protection Insurance Launched by Paymentshield

Tue, 17 Aug 2010 07:42:53 +0100

Paymentshield, a British firm specialising in delivery of high-quality insurance products and services, has announced the launch of IncomeShield, a new...

UK Students Will Have Their Loans Approved in Time

Tue, 17 Aug 2010 07:30:37 +0100

The Student Loan Company, a UK-based firm specializing in student loans, claims there will be no delays in processing of student applications this year. Let us...

UK House Prices Fall by 1.7%

Mon, 16 Aug 2010 07:47:52 +0100

The latest research carried out by online property portal, Rightmove, suggests that property asking prices in Great Britain have declined by 1.7% in August,...

RSA Launches New Self-Administrated Car Insurance Scheme

Mon, 16 Aug 2010 07:46:06 +0100

RSA has introduced a fresh online car insurance scheme called "RSA e-choice", giving clients the possibility to tailor their policy to suit their...

iTV to Fight for Its Brand with Apple

Mon, 16 Aug 2010 07:18:42 +0100

British television network, iTV said it is not happy with the idea of Apple to rename its Apple TV device into iTV.In its interview to Pocket-Lint, a famous...

World First Travel Insurance Enjoys 400% Growth

Fri, 13 Aug 2010 08:35:04 +0100

World First Travel Insurance, a UK-based insuring agent specialising in provision of holiday and worldwide travel cover, announced a number of new appointments...

New Credit Card Incentive Introduced by Halifax

Fri, 13 Aug 2010 08:16:07 +0100

Halifax, one of the leading British lenders, has announced it will introduce a new incentive for its current customers interested in credit cards.At the...

Skandia Leaves UK Critical Illness Insurance Market

Thu, 12 Aug 2010 07:43:17 +0100

The British branch of Skandia, a world leading provider of high-quality solutions for long-term savings, investments and insurance, has announced it will leave...

ONS Reports 0.3% Improvement in UK Jobs Market

Thu, 12 Aug 2010 07:32:34 +0100

The Office for National Statistics (UK) has just revealed the latest figures on employment rate in the country. They suggest that the number of people who have...

Fixed-rate Savings Deals that Pay Well

Wed, 11 Aug 2010 07:31:24 +0100

The Bank of England has left the base rate unchanged at 0.5% for the 18th consecutive month. Of course, this is good news for British borrowers, who still...

Travelex Launches Pre-paid Card Advertising Campaign

Wed, 11 Aug 2010 07:10:29 +0100

On Monday, August 9th, foreign exchange company Travelex, launched a new advertising campaign in London and South-East England. The campaign, which is the...

Cheap Breakdown Cover Introduced by Autosure

Tue, 10 Aug 2010 07:44:59 +0100

Autosure, a European car insurance company, has recently introduced a new product for car owners.Its new pan-European breakdown policy is considered one of the...

UK House Prices Hit 4-Month High in July

Tue, 10 Aug 2010 07:22:32 +0100

The latest report published by Halifax suggests that house prices in the UK hit the 4-months high in July 2010. Halifax experts are determined that the reasons...

UK Motorbike Insurance Premiums Fall by 3%

Fri, 06 Aug 2010 07:16:10 +0100

The largest UK provider of motorbike insurance - Carole Nash - published a report on Wednesday, August 4th, which suggests that bike insurance premiums fell in...

New Banking Products for UK Students Launched

Fri, 06 Aug 2010 07:02:15 +0100

A recent article published by Moneynet, a UK online comparison portal, suggests that more and more British high street lenders are willing to actively operate...

Recovery of Commercial Property Values Slows – British Land

Thu, 05 Aug 2010 07:28:47 +0100

According to the latest report made by the 2nd largest UK property investment trust, British Land, commercial property values in the country have seen a slower...

New Heating and Plumbing Services Introduced to Surrey

Thu, 05 Aug 2010 07:11:33 +0100

Last week, Capital Plumbing & Heating Services Ltd finally introduced its services to Surrey, United Kingdom. This company is one of the leading UK...

Lloyds No Longer Sells Mortgage Payment Protection

Wed, 04 Aug 2010 07:37:50 +0100

One of the leading UK lenders, government-owned Lloyds Banking Group announced it will no longer sell payment protection.Payment protection insurance, also...

Climate Change to Affect UK Home Insurance Premiums

Wed, 04 Aug 2010 07:27:34 +0100

The Association of British Insurers warned against possible rises in the cost of house insurance policies.In the opinion of the organization's experts, recent...

UK Land Prices Rise due to Market Competition

Tue, 03 Aug 2010 08:01:43 +0100

UK land prices stay high despite economic uncertainty in the country. The shortage of supplied farmland coupled with increased demand from investors and...

Repossessed Homes Decrease Other Houses’ Value by More than 25%.

Tue, 03 Aug 2010 07:39:40 +0100

It is widely known that US foreclosed houses are sold with a discount from their usual market price. This process takes place for many reasons, for instance,...

Nationwide Stops Overseas Fee-Free Card Using Policy

Tue, 03 Aug 2010 07:31:09 +0100

Nationwide has announced plans to discontinue its free debit card abroad using policy – one of the most attractive advantages of its current account.The...

Northern Rock Reduces Mortgage Fees and Rates

Tue, 03 Aug 2010 07:30:00 +0100

Last week the UK-based lender Northern Rock announced that it has improved its terms on buy to let and residential mortgage offers.As such, the interest rates...

ABI Requests for Flood Defences to Stop Insurance Price Growths

Mon, 02 Aug 2010 07:39:58 +0100

The Association of British insurers (ABI) wants the government to invest in flood defences, despite concentrating on spending cuts.In the speech at the Local...

Bankruptcy among UK Women Rises by 30%

Thu, 29 Jul 2010 07:54:34 +0100

Individual voluntary agreement, more often referred to as IVA, is believed to be a good solution to bankruptcy of individuals.The latest figures revealed by...

Sterilin Switches to New Stakeholder Pension Scheme

Thu, 29 Jul 2010 07:00:00 +0100

It has recently been announced that Sterilin, a UK-based manufacturer and supplier of various premium quality disposable plastic equipment for the life science...

IAG Loses 50% of Net Income Because of UK

Wed, 28 Jul 2010 08:00:50 +0100

On July 27th, IAG, Insurance Australia Group Limited, revealed that its net income fell to $82 million this year, down from $163 in 2009, thus marking an...

Pensioners Should Be Better Advised on Annuity Purchase

Tue, 27 Jul 2010 07:49:12 +0100

According to the specialist pension law company, Sackers, pension providers, scheme trustees and individual financial advisors might face a flow of complaints...

Aegon Introduces New SIPP Technology

Tue, 27 Jul 2010 07:38:11 +0100

Aegon UK, a leading provider of life insurance, private pensions, savings and investment services, has recently signed a deal with GBST, a British technology...

The Sterling fall pushes top class property prices up

Mon, 26 Jul 2010 08:04:07 +0100

A stream of foreign buyers, limited supply of properties and the re-introduction of top managers’ bonuses are moving top class property prices up in...

Ofcom to rectify broadband complaints procedure

Mon, 26 Jul 2010 08:01:17 +0100

Broadband users are so disappointed about their providers that they just do not bother to take time to complain about even having problems with service: people...

UK Fraud Insurance Claims Rise by 14%

Mon, 26 Jul 2010 07:50:33 +0100

The latest report of the Association of British Insurers (ABI) confirms the recent speculations on the growing number of fraudulent insurance claims.According...

Santander Offers UK Students Free Insurance

Mon, 26 Jul 2010 07:15:13 +0100

British students have recently been offered a new current account by Santander, which is expected to meet the needs of teenagers.The financial side of this...

OFT Concerned with Sky and Virgin Media Digital Merger

Wed, 21 Jul 2010 13:07:09 +0100

The British Office of Fair Trading (OFT) announced its plans to review the deal between Sky and Virgin Media.The OFT is concerned with possible competition or...

Income Protection Insurance Undervalued - Unum

Wed, 21 Jul 2010 12:34:33 +0100

The latest research carried out by Unum, a UK group specialising in life and income protection insurance for employers and employees, showed that most British...

UK to Attract Foreign Investment by Reforming Taxes

Tue, 20 Jul 2010 07:56:45 +0100

The new British government recently announced that it plans to simplify the taxation system in the country to attract more international investors.The UK...

Need Car Insurance? Compare to Save £200

Tue, 20 Jul 2010 07:32:31 +0100

The premium index of the Automobile Association, the biggest car insurance provider in the UK, showed that comparison is extremely important when choosing...

UK Universal Broadband Postponed Till 2015

Mon, 19 Jul 2010 07:22:40 +0100

Last week, the new British Government dashed the plans of the previous Labour Government to bring broadband to every household in Great Britain by the year of...

UK House Prices Collapse in July

Mon, 19 Jul 2010 06:42:20 +0100

The latest statement made by Rightmove on Sunday, July 18th, suggests that UK house prices declined this month, marking the first cut in property values this...

Changing Television Trends

Fri, 16 Jul 2010 08:05:05 +0100

It is reported that UK citizens tend to spend less time watching five main channels’ TV shows.Ofcom also reported that expenditure on new TV shows is...

UK Commercial Property Market Slows Down

Fri, 16 Jul 2010 07:38:07 +0100

The figures released recently by British Investment Property Databank (IPD) demonstrate that the increase in capital growth last month amounted to a mere 0.5%...

UK Car Insurance Premiums Rise by 14%

Fri, 16 Jul 2010 07:20:36 +0100

The latest data revealed by EMB Car Insurance Price Index in cooperation with online portal Confused shows that costs associated with insuring car in the UK...

Halifax Clarity for Travellers

Mon, 12 Jul 2010 11:54:17 +0100

Halifax has introduced the Clarity credit card that should appeal to British holidaymakers and reduce costs associated with travel. This is quite an ordinary...

Travel Insurance Market Changes

Mon, 12 Jul 2010 08:11:41 +0100

Swiftcover's latest research shows that more British people choose adventurous vacations. As many as, 23 per cent of surveyed wouldn't miss an...

Humber wind farm creates 27,000 jobs

Sat, 10 Jul 2010 08:00:07 +0100

A £400 million plan to turn the south bank of the Humber into a centre of green energy has been unveiled.The coast near Immingham would be a centre of...

How Long Will House Prices Fall

Fri, 09 Jul 2010 17:23:00 +0100

According to Halifax, one of the largest UK mortgage lenders, average house price reduced in June by 0,6 per cent to £166,203. The influx of properties...

HEPI: Male graduates lose their positions in the labour market

Tue, 06 Jul 2010 09:38:32 +0100

Research recently held by HEPI demonstrates that recent graduates are facing many of difficulties in finding a job. In the last 6 months, the situation...

Increase in Bosses Pay Despite Falling Earnings

Tue, 06 Jul 2010 09:35:57 +0100

The remuneration of bosses from the UK`s top FTSE 100 companies has increased by 5% since 2008, despite reduced earnings per share, reveals the Total...

Kwik-Fit and Fortis:A Transaction At The Price of £215 Million

Mon, 05 Jul 2010 08:05:01 +0100

Kwik-Fit Group sold its UK Insurance business (KFFS) to Fortis UK for £215 million. According to Ian Franser, Chief Executive of Kwik-Fit, the selling of...

New Two Month Free Connection from Virgin Media

Thu, 01 Jul 2010 08:05:05 +0100

Virgin Media, the UK’s broadband giant, has created an offer to attract all broadband consumers. If a new customer subscribe to one of their bundles,...

Only 11% of areas see increase in house prices

Wed, 30 Jun 2010 08:58:19 +0100

Finally the property market can boast of some progress as monthly inflation is sinking for the first time this year.Referring to Hometrack, in June house...

Non-smokers Pay Lower Critical Illness Premiums

Wed, 30 Jun 2010 07:30:55 +0100

According to a recent research carried out by Moneysupermarket and dedicated to the 3rd anniversary of the smoking ban in the UK, ex-smokers managed to save a...

Airmiles Partners with Points International

Wed, 30 Jun 2010 07:10:42 +0100

Points International, a Canadian reward program, has recently partnered with the most popular British reward system - Airmiles. Those travellers who are...

Brits Disappointed with Mobile Broadband

Tue, 29 Jun 2010 09:24:51 +0100

According to the latest figures revealed by Broadband Expert - UK broadband comparison portal - the number of country's citizens signing up to Mobile...

Whiplash Claims Gives Advice on Personal Injury

Tue, 29 Jun 2010 08:23:29 +0100

One of the leading UK injury claims lawyers, Whiplash Claims, warns the Brits against the dangers of whiplash injuries and reveals the peculiarities of...

UK Farmland Won’t Be Affected by Emergency Budget

Mon, 28 Jun 2010 07:40:10 +0100

Another review of the Government's Emergency Budget, prepared by Knight Frank, also suggests that the sector of farmland will not be seriously...

Barclays Hits the Fixed Rate Savings Accounts Market

Mon, 28 Jun 2010 06:44:13 +0100

As most financial experts expect fixed rate bonds maturities to peak in July, British saving providers have launched a competition by introducing new, higher...

UK State Pension Age to Be Axed by 2016

Sat, 26 Jun 2010 11:58:38 +0100

Mr. Duncun, Work and Pensions Secretary at the Conservative party, and Mr. Webb, Pensions Minister at the Democratic Party, recently announced that state...

House Prices Affected by Abolition of HIPs

Fri, 25 Jun 2010 09:44:50 +0100

According to the latest report published by Rightmove on June 21st, the number of properties on the UK market has increased. Company specialists are determined...

More Personal Injury Claims Filed to Court

Fri, 25 Jun 2010 08:07:27 +0100

Sweet & Maxwell, a British legal information provider, recently carried out a research that demonstrated an almost 32% increase in the number of claims...

Nationwide Introduces 0% Balance Transfer Card

Thu, 24 Jun 2010 07:57:04 +0100

According to the information released by Moneynet, Nationwide Building Society has introduced a great offer for those credit card holders who wish to clear off...

Outlook for UK Commercial Property Brightens

Thu, 24 Jun 2010 07:12:26 +0100

Scottish Windows Investment Partnership (SWIP), which has suffered from low returns to the end of May, has just announced that its outlook for UK commercial...

Digital TV Funding to Be Redistributed

Wed, 23 Jun 2010 07:42:44 +0100

The figures released by Mr. Scott, chief executive of Digital UK, suggest that the funding is highly likely to be redistributed with construction of new radio...

Mobile Broadband is Losing Points

Wed, 23 Jun 2010 07:30:00 +0100

Mobile broadband is losing its popularity. More and more users in the UK have started to realise the difference between promotional activities and reality....

Emergency Budget Soft for Farmers

Wed, 23 Jun 2010 07:24:33 +0100

Mr. Arnott of Saffery Champness, the Landed Estates & Rural Business Group of Chartered Accountants, believes that the measures introduced by the new...

Injured Motorist Gets Multi-Million Pound Cash Compensation

Mon, 21 Jun 2010 09:17:32 +0100

After a terrible car accident in Wiltshire a 22-year-old man who was left disabled for the rest of his life has received millions of pounds as...

Government Pension Schemes Expenses to Double In the Near Future

Mon, 21 Jun 2010 08:30:00 +0100

Referring to the Office for Budget Responsibility (OBP), in the following 5 years the cost of public sector government pensions will double. The general cash...

Every third woman can face retirement poverty

Mon, 21 Jun 2010 08:15:00 +0100

According to conducted research, 35% of women and 29% of men after retirement in 2010 can fall outside of the poverty line that amounts to £13,900 a...

More job losses at Northern Rock

Mon, 21 Jun 2010 08:00:18 +0100

In attempt to turn things around, Northern Rock has announced it s decision to cut another 650 jobs. The decision itself may not come as a surprise as such, as...

Essential Price-Cutting for Broadband Deals

Mon, 21 Jun 2010 07:55:49 +0100

The price customers would have to pay if they wanted to terminate their broadband contract early could be reduced by up to 85%.This reduction decision has been...

Fortis Life Enhances Critical Illness Cover

Thu, 17 Jun 2010 08:47:09 +0100

One of the leading UK insurance providers - Fortis Life - has announced a revamp to some of its insurance plans.According to the company's representative, the...

First-time Buyer Mortgages Less Demanded

Thu, 17 Jun 2010 08:42:53 +0100

The latest figures released by the Council of Mortgage Lenders show that first-time buyers accounted for the smallest proportion of UK borrowers since 2007.As...

Online Credit Card Payments Subject to Fraud

Thu, 17 Jun 2010 08:05:05 +0100

The recent research carried out by CyberSource showed that UK small and corporate businesses are expected to lose as much as 1.8% of their online profit this...

The nuclear power sector appears to become one of the key elements of the British energy system in the future

Thu, 17 Jun 2010 07:00:00 +0100

There will be no subsidies for the industry, but the new government is expected to do away with regulatory barriers in the nuclear energy industry by...

OFT Introduces Regulation Over Will-writers

Wed, 16 Jun 2010 08:06:19 +0100

In the beginning of June, the Office of Fair Trading has approved a new code of practice for non-lawyer will-writers, which has been compiled by the Institute...

House Prices Hit 5-month Record in May

Tue, 15 Jun 2010 09:33:24 +0100

As the survey carried out and published on Tuesday, June 15th, by Royal Institution of Chartered Surveyors (RICS) showed, UK house prices have grown the...

SIPPs Pay Almost Nothing

Tue, 15 Jun 2010 09:27:47 +0100

A recent report, which is annually published by Pensions Management magazine, showed that while the total amount of investments in self-invested personal...

Ambitious mortgage offer from Barclays

Mon, 14 Jun 2010 08:15:06 +0100

Barclays came up with a new 90% loan-to-value (LVT) mortgage offer available through Woolwich, Barclays’ mortgage arm, and is intended only for Bovis...

UK Home Equity Rises by £2bn

Fri, 11 Jun 2010 08:37:00 +0100

A recent research performed by Key Retirement Solutions –UK equity release company – showed that the value of property owned by British pensioners...

Travel Insurance Sales Soar

Fri, 11 Jun 2010 08:15:05 +0100

The research carried out and released on Tuesday, June 8th, by Defaqto showed that the number of Brits taking out travel insurance in the UK has dropped...

Nine year ISA record

Thu, 10 Jun 2010 16:29:43 +0100

Recent information from the Investment Management Association (IMA), shows that April sales of Individual Savings Accounts (ISAs) were at their peak for 9...

Current Accounts Switching Profit

Thu, 10 Jun 2010 08:15:05 +0100

A poll recently conducted by moneysupermarket.com has revealed that people tend to switch their current accounts in search of a more beneficial credit interest...

More Personal Loans Taken for Education Purposes

Thu, 10 Jun 2010 08:00:00 +0100

A research performed by Sainsbury showed that the number of British citizens taking out personal loans for education purposes has grown significantly in the...

UK First-time Buyers Are Single

Wed, 09 Jun 2010 12:20:21 +0100

A recent research carried out by Santander Mortgages - one of the leading UK mortgage lenders for first-time buyers - showed that the majority of its customers...

UK Land Prices Demonstrate Rapid Growth

Wed, 09 Jun 2010 09:30:00 +0100

The latest figures revealed by Strutt & Parker - nationwide estate and land agency - suggest that arable land in England has gained almost £1000 per...

Brits Lack Individual Income Protection

Wed, 09 Jun 2010 09:00:00 +0100

It has been estimated that almost 80% of UK workers have no income protection cover. As such, Mr. Roger Edwards, protection director at Bright Grey - UK...

Savings Rates Fall In a Flash

Wed, 09 Jun 2010 08:15:05 +0100

UK savers must feel even more desperate at the moment as the 18-month long low savings rate environment has resulted in the disappearance of more than 10 best...

High unemployment affecting housing market recovery

Wed, 09 Jun 2010 08:00:00 +0100

According to Britain’s leading mortgage lender Halifax, the recovery process of the property market is slowing down by high unemployment.In May, the mean...

Aviva Launches Annuity Campaign

Mon, 07 Jun 2010 13:46:18 +0100

The new annuity campaign launched by Aviva aims to clarify the notion for the Brits, most of whom do not understand what it is. According to Mr. Bolton, Aviva...

Buy to Let Market Might Collapse

Mon, 07 Jun 2010 09:00:48 +0100

The past months have been characterised by a rapid recovery of the British buy to let market and growth of buyers' confidence. The overall number of new buy...

UK Commercial Property Market Weakens

Mon, 07 Jun 2010 08:00:00 +0100

The recovery of UK commercial property sector slowed in May, as reported by CB Richard Ellis (CBRE) - leading property advisor in Great Britain - on Friday,...

Medical Negligence Cost ₤3.45m

Fri, 04 Jun 2010 16:01:18 +0100

A woman who was admitted to hospital for an ordinary gallstone treatment has been granted ₤3.45m as recompense, after a list of medical errors tore her life...

Brits dependent on their credit cards

Fri, 04 Jun 2010 14:43:04 +0100

New research conducted by moneysupermarket.com has revealed that in Great Britain, around 5 mln people prefer using credit card to settle their household...

Workers are at risk being trapped by retirement poverty

Thu, 03 Jun 2010 15:07:24 +0100

According to a consultancy firm Aon, thousands of workers are under the threat of living in poverty after their retirement as they are not able to save up.Aon...

UK Mortgage Approvals Rise

Thu, 03 Jun 2010 13:21:41 +0100

Mortgage lending in the United Kingdom has been steadily growing in the past months, however, its level remains low compared to the 6 months' average....

UK House Prices Reach Their Peak

Thu, 03 Jun 2010 13:08:11 +0100

In May 2010 house prices in the United Kingdom demonstrated the highest increase almost in 2 years. The report has been made by Nationwide Building Society,...

New Central London house price trend

Thu, 03 Jun 2010 08:15:04 +0100

Russian property buyers have contributed to a notable price increase of elite housing in Central London. At the same time, the UK prices for less expensive...

Starting HD TV Habits

Thu, 03 Jun 2010 08:00:00 +0100

Despite technology progressing fast and the introduction of high-definition TVs among many UK households, the HD function remains poorly utilised. To cause...

State Pension Age to Be Increased

Wed, 02 Jun 2010 08:30:47 +0100

In her speech, the Queen of Great Britain has announced that the new government will opt for the reform of the UK pension system.As such, the Pensions and...

Better Critical Illness Insurance

Wed, 02 Jun 2010 08:00:12 +0100

Critical illness insurance has become more attractive in the past months, as the large number of British insurance providers have enhanced the terms of their...

The innovation from BT

Tue, 01 Jun 2010 08:00:00 +0100

BT's corporate voice communication package, BT Onevoice, will soon incorporate new progressive voice services from BT's new platform Ribbit. The...

Pension Schemes Determined by Social Status

Fri, 28 May 2010 08:15:00 +0100

The latest report prepared by British Office for National Statistics suggests that the number of workers enrolled in company pension schemes has fallen by 5%...

IVA Level Skyrockets in Q1

Fri, 28 May 2010 08:00:00 +0100

The first three months of 2010 were characterised by a 17.9% rise in personal insolvencies in 2 major regions of Great Britain - Wales and England - whereas...

Public Sector Workers Urged to Hurry

Thu, 27 May 2010 08:15:00 +0100

As the new UK government is set to cut public spending and as thousands of British workers are facing the threat of unemployment, individual income protection...

UK Property Portfolio Values Increase

Thu, 27 May 2010 08:00:00 +0100

The rises in house prices across the United Kingdom have been reflected in the overall value of portfolios of landlords - investors interested in residential...

Northern Rock to Lose Government’s Guarantee

Tue, 25 May 2010 17:58:27 +0100

Northern Rock might soon face a decreased flow of savers as a result of the expiration of Government's protection plan.Let us remind that the British...

Be Smart with Credit Cards Abroad

Tue, 25 May 2010 17:37:15 +0100

Football fans planning to go to South Africa to support England in the World Cup are warned against using credit cards abroad as foreign exchange fees might...

Google will not enter the UK's Digital TV Market

Tue, 25 May 2010 14:39:17 +0100

The Google TV service has just been officially presented in the USA. The service will allow users to search the Web and download various applications on their...

UK Commercial Property Revives

Mon, 24 May 2010 16:23:21 +0100

The level of commercial property construction in London has increased in the past months, meaning that the UK business property sector's long-awaited revival...

UK Farmland Prices Continue to Grow

Mon, 24 May 2010 15:51:44 +0100

According to a report recently published by Strutt & Parker - UK property consultants - the demand for farmland in Great Britain has increased...

Personal Injury in Thailand to Bear Fruit in the UK

Fri, 21 May 2010 14:08:44 +0100

A British lady might set a legal precedent if she files her claim associated with personal injury compensation to the travel company.Having departed to...

UK House Prices Rise 0.7% in May

Fri, 21 May 2010 13:42:55 +0100

UK prices on residential property have showed a slower rate of growth in May than in April 2010.According to the report made by Rightmove - online property...

SIPP Investors Might Fund Luxury Resorts

Fri, 21 May 2010 08:00:15 +0100

David Lloyd, aged 62, a former professional tennis player and currently a businessman, announced that he plans to launch two Self-Invested Personal Pension...

UK Women Lack Critical Illness Insurance

Fri, 21 May 2010 08:00:00 +0100

The recent research carried out by AXA Life - a major UK insurance provider specialising in such spheres as life, health, pensions and general insurance -...

£40 million Solar Project in Cornwall

Thu, 20 May 2010 12:53:10 +0100

Cornwall is normally known for its natural beauty, stunning scenery and beautiful coastline. A favourite destination of many holidaymakers: it has a lot to...

Hedge Funds under Attack

Tue, 18 May 2010 23:23:00 +0100

On Tuesday, May, 18th, European finance ministers are to meet in Brussels, Belgium in order to discuss the future of hedge funds.Let us remind that hedge funds...

UK Students May Face Higher Interest Rates

Tue, 18 May 2010 08:00:00 +0100

According to a recent report made by the Russell Group, which consists of 20 British Universities and includes such top universities as Oxford, Cambridge and...

Hard winter was a Goldmine for British Gas Owner Centrica

Mon, 17 May 2010 10:42:13 +0100

British Gas probably will have to cut its prices yet again after its parent company Centrica announced it is on the way towards exceeding last year’s...

Gas and Power Pose Challenges to Investors

Thu, 13 May 2010 08:00:00 +0100

The port of Milford Haven expressed intentions to expand their LNG storage capacity and develop the energy infrastructure.If we compare UK gas storage...

RBS Plans to Cut More Jobs.

Tue, 11 May 2010 17:04:36 +0100

The RBS will cut 2600 more jobs over the course of next year; the majority of redundancies are expected to be in the insurance and retail banking sectors.This...

Forthcoming Solar Attraction

Tue, 11 May 2010 08:00:00 +0100

Renewable energy is becoming increasingly attractive from a financial point of view. The Government understands that citizens should be more motivated to...

British People Need to Save for Retirement

Thu, 06 May 2010 09:46:37 +0100

The latest study performed by MGM Advantage, leading British specialist in financial and retirement services, suggests that UK citizens have to put by a...

Potential Power Shortage May Lead to Higher Bills

Wed, 05 May 2010 09:01:22 +0100

The current wholesale electricity generation market mechanisms seem to be leading to a crisis. EU directives require the withdrawal of 30 GW of the UK’s...

£53.6 million Deal Between F&C and Thames River Capital

Tue, 04 May 2010 08:00:00 +0100

On April 28 2010, Pacific Investments PLC and its subsidiary company Red River Capital announced a sale of Thames River Capital (TRC) for £53.6 mln to...

Not everyone knows what an annuity really is

Fri, 30 Apr 2010 08:15:00 +0100

Different people were asked to choose the correct version between a few descriptions of an annuity. Among the proposed options, only two were correct. However,...

House Prices reach unexpected levels

Fri, 30 Apr 2010 08:00:00 +0100

Nationwide reported that for the first time since June 2007 the annual rate of house price inflation in the UK had reached double digits. In April, prices rose...

The UK Investment Market is Ready for New Capital Inflows

Fri, 30 Apr 2010 08:00:00 +0100

At the Third Annual Global Financial Services Centre Conference in Dublin on the April 28th the UK market was declared to be attractive enough to draw new...

Pothole Damages May be Covered by Insurance

Thu, 29 Apr 2010 16:36:10 +0100

A recent report published by Defaqto, an independent research company, sais that the UK car insurance agencies pay out compensation for damages caused by...

Young People Ignore Life Insurance

Thu, 29 Apr 2010 12:55:14 +0100

The latest research carried out by LifeSearch - leading UK insurance broker - showed that the number of young Brits purchasing insurance is...

UK Banks Introduce Attractive Reward Cards

Wed, 28 Apr 2010 07:45:43 +0100

In the end of April a number of British banks launched new offers on credit cards in an effort to attract new customers and to increase the loyalty of existing...

Fewer Debt Consolidation Loans Taken Out by UK Borrowers

Tue, 27 Apr 2010 09:20:26 +0100

Steven Baillie, head of loans department at Sainsbury Finance - one of the major UK banks - claimed that the Brits are missing the chance to reduce their...

Pros and Cons of Motorbike Test Centres

Tue, 27 Apr 2010 08:34:44 +0100

Following the changes in EU law, a new test for beginner motorcyclists has been introduced. As a result, new super-testing centres were created by the...

Hopes and Fears of Quinn Insurance Employees.

Tue, 27 Apr 2010 07:45:00 +0100

Since one of the largest Irish companies, Quinn Insurance, has been banned by the Financial Regulator from doing business in the UK on March 30th,...

At a Crossroad of Isas

Mon, 26 Apr 2010 09:00:00 +0100

This week Santander announced they would no longer accept applications for one of their very popular accounts via telephone or online facilities. It is quite...

UK Borrowers Prompted to Remortgage Now

Mon, 26 Apr 2010 08:00:18 +0100

Survey carried out by Equifax, one of the leading UK credit reference agencies, showed that almost 1.5 million of British homeowners, whose fixed mortgage is...

Retired Parents Give a Helping Hand

Thu, 22 Apr 2010 15:21:27 +0100

According to specialist IFA Key Retirement Solutions, people are increasingly using equity release to support their families.Due to the current economic...

T-Mobile Tops UK Broadband Networks List

Thu, 22 Apr 2010 14:59:24 +0100

Broadband Genie Road Trip 2010, an annual test that aims to compare dongles of leading UK mobile broadband networks, showed that T-Mobile is unsurpassed.Given...

Banks offer help to stranded passengers

Wed, 21 Apr 2010 16:55:26 +0100

Hundreds of travellers are still in an awkward situation as they cannot get home because of the Icelandic volcano Eyjafjallajökull’s eruption and...

Tories advocate fair pension

Wed, 21 Apr 2010 12:48:11 +0100

Conservatives proclaimed raising the basic state pension by linking it to income rather than prices in 2012. Before the May elections Teresa May initiated a...

UK Life Insurance Market Recovers - CBI

Wed, 21 Apr 2010 08:00:00 +0100

Results of the survey carried out by the Confederation of British Industry (CBI) showed that UK life insurance businesses have seen stable growth of income in...

Credit Cards v Debit Cards

Tue, 20 Apr 2010 15:51:39 +0100

A number of credit card loyalty schemes are designed to reward customers with various benefits. Double reward schemes allow millions of Barclaycard customers...

Tackling Cashflow Problems

Tue, 20 Apr 2010 07:00:00 +0100

Many small businesses face cashflow issues during the tough times and the situation can be aggravated by the late payment of invoices. One of the ways to...

New acquisition by British Land

Mon, 19 Apr 2010 22:07:00 +0100

Last Friday, British Land has acquired the commercial development site at 2-14 Baker Street in London. The building belonged to McAleer & Rushe, and was...

Land remains popular among city purchasers.

Mon, 19 Apr 2010 19:32:00 +0100

According to George F White, the rural property estate agents, country estates, rural properties and land are still popular among city high earners. There...

House Prices May Regain Pace

Mon, 19 Apr 2010 12:35:32 +0100

Property sellers have increased their asking prices as demand for desired properties significantly exceeds supply. According to RightMove, the average asking...

Radical Changes for Road Traffic Accident Claims Process

Mon, 19 Apr 2010 08:00:00 +0100

Back in September of 2009, the Ministry of Justice announced its plans to rationalise the system of low cost personal injury claims for road traffic accidents....

Free trial of Sky Player Package

Mon, 19 Apr 2010 07:00:00 +0100

Sky is presenting the opportunity to test its new online TV service for free to its existing customers.The Sky has announced that all subscribers of its TV...

Regular savers can benefit from the new fixed rate ISA

Fri, 16 Apr 2010 14:06:05 +0100

Many banks and building societies have been lately criticised for their ISAs. The Principality Building Society’s regular saver ISA now offers a 4 per...

Farmer's Will Sows Discord Among Brothers and Sisters

Fri, 16 Apr 2010 07:04:37 +0100

People are increasingly facing endless cases concerning farm-related wills. Recently there has been another case of the Key family. The elderly wife and...

Pension Schemes Finally Get Out Of Crisis

Fri, 16 Apr 2010 07:00:00 +0100

Since June 2008, the UK's private sector final-salary pension schemes have finally got out of the financial difficulties and are in an active balance...

EUR 950 Million Gift From Heaven

Thu, 15 Apr 2010 07:00:00 +0100

A poor Moldavian student has virtually become a billionaire and a real estate tycoon thanks to his distant German relative. Sergey Sudev, the student, saw him...

Stopping inertia to discourage greedy banks

Wed, 14 Apr 2010 13:07:27 +0100

Last month the Consumer Focus organisation lodged a complaint with the Office of Fair Trading (OFT) woefully low ISA rates offered. There are banks which pay...

Can address make a difference to your pension annuity?

Wed, 14 Apr 2010 07:00:00 +0100

The retired middle class in “middle England” appear to be in a less favourable situation than those who live in other places: The pension annuity...

Nationwide Measures To Reduce Branch Queues

Tue, 13 Apr 2010 12:21:18 +0100

Nationwide Building Society is taking some measures to decrease the number of customers queuing at the counters. From June 7th, it will not be possible to...

Kensington fined by the FSA

Tue, 13 Apr 2010 12:02:17 +0100

UK mortgage lender Kensington, acquired by the South African bank Investec two years ago, violated the rules of the Financial Services Authority (FSA) in about...

Wine as an investment tool

Tue, 13 Apr 2010 07:30:00 +0100

Prices for the world’s leading types of wine stay high, and can be viewed as an alternative form of an investment. The sector was also hit by the global...

Gaining certainty in ensuring business investment

Tue, 13 Apr 2010 07:25:41 +0100

More firms across the UK are increasingly optimistic about economic recovery after the long-term financial recession. The most recent survey of the UK’s...

Relying on property to fund retirement.

Tue, 13 Apr 2010 07:00:00 +0100

Downsizing is considered to be one of the possibilities for homeowners to use the value of their home and partly finance their retirement. However, this...

Stamp duty holidays to attract first time buyers

Mon, 12 Apr 2010 12:08:31 +0100

This spring may become one of the busiest from over the last few years. The newly introduced two-year stamp duty tax holidays should attract more first-time...

The British Know How To Save Money

Wed, 07 Apr 2010 12:12:41 +0100

Research recently published by Mintel, show that because of the recession, the people of Britain have become money-savers.Savings are in fashion again! 70...

Weeks of waiting: IMF reviews Iceland's financial SOS appeals

Wed, 07 Apr 2010 07:54:22 +0100

On Sunday, Icelandic Minister of economics said he was quite optimistic about the International Monetary Fund (IMF) review that could be finished within weeks,...

Today's Uprise in Jamaican Property Taxes

Mon, 05 Apr 2010 14:13:04 +0100

Henceforth, Jamaicans will have to pay as much as 60% more for property taxes effective April 1st.On Tuesday night, Finance and Public Minister Audley Shaw,...

US Commercial Mortgage Market Shows No Signs of Recovery

Sun, 04 Apr 2010 09:05:10 +0100

About 50% of American commercial mortgage lenders might be underwater by the end of 2010. There have been no positive changes in the sector during the first...

The Mortgage Works Offers New Buy-to-Let Mortgage Products

Sat, 03 Apr 2010 12:10:39 +0100

The Mortgage Works (TMW) is now offering some new buy-to-let and light refurbishment mortgage programmes. It has also lowered the rates on several existing...

Car Loans Will Become More Available for UK Consumers

Fri, 02 Apr 2010 17:09:46 +0100

Finance experts expect car loans to become easier to find this year. Analysts from Deloitte conducted a research of UK manufacturers. The research findings...

US Private Banks Will No Longer Give Student Loans

Fri, 02 Apr 2010 14:53:28 +0100

Starting from July 1 American private banks will no longer be able to provide student loans. All the applications for student loans will go through the Federal...

CML views on mortgages data published by Bank of England

Wed, 31 Mar 2010 18:02:03 +0100

The Council of Mortgage Lenders (CML) comments on today’s Bank of England mortgage data that interest rates on new mortgages kept declining, whereas the...

FSA Is to Regulate Secured Loans Sector

Tue, 30 Mar 2010 09:37:18 +0100

The government has announced that the Financial Service Authority will be responsible for the secured lending regulation.The speculation about the change...

The British Need to Pay Off £52bn in Personal Loans

Tue, 30 Mar 2010 09:34:24 +0100

According to the new data released this week £52bn in personal loans should be paid off by the Britons to high street banks. The British Bankers'...

MPPI Prices Boost as the Number of Unemployed Increases

Sun, 28 Mar 2010 12:44:15 +0100

As the number of unemployed increases the cost of mortgage payment protection (MPPI) rises. The news that over 20,000 people noticed MPPI cost jump by almost...

Criminals to Blame for the Rise of Home Insurance Cost

Sun, 28 Mar 2010 12:39:10 +0100

Homeowners face the home insurance price rise because of criminals who surf social networks like Facebook and Twitter for homeowners who are away on holiday....

Marks & Spencer Insurance Alarmed as the Clocks Go Forward

Sun, 28 Mar 2010 12:34:07 +0100

As the clocks went forward tonight Mark & Spencer car insurance company warned drivers to keep awake while driving.According to the poll 42% of Brits admit...

Budget Break for Breakdown Cover Customers

Sun, 28 Mar 2010 12:30:47 +0100

According to the Budget approved on March 24th proposed breakdown cover customers might be given a welcome reprieve.Alistair Darling Chancellor of the...

Information Tribunal Rules to Give Access to Environmental Data to Conveyancing Solicitors

Sat, 27 Mar 2010 16:12:06 +0000

Informational Tribunal ruled that conveyancing solicitors should get free access to information regarding environmental search from the local authority.In East...

Compulsory Pet Insurance for Staffordshire Terriers not Supported in Commons

Sat, 27 Mar 2010 14:30:43 +0000

A member of parliament has defended the reputation of Staffordshire bull terriers during the debate about mandatory pet insurance in the House of Commons.Last...

Cirencester Friendly Pays 94% of Individual Protection Claims

Sat, 27 Mar 2010 13:44:38 +0000

Cirencester Friendly Society, one of the major income protection providers, has published its data on IP claims made in 2009. According to the report...

Aviva Offers New Group Income Protection Product

Sat, 27 Mar 2010 07:11:11 +0000

Aviva, one of the UK largest insurance groups has launched a new group income protection product. The product has two new features – the lump sump option...

Axa to Terminate Its Contract with Berkeley Alexander

Fri, 26 Mar 2010 18:10:26 +0000

One of the largest insurers in the UK has announced that it is going to terminate its contract with insurance broker Berkley Alexander to underwrite two...

90% Critical Illness Claims Paid in 2009 by LV=

Fri, 26 Mar 2010 11:50:11 +0000

LV= or Liverpool Victoria group of companies published 2009 protection claims record. It shows that 90% of all claims were paid across critical illness and...

Charity Organisations Call to End Travel Insurance Discrimination

Fri, 26 Mar 2010 11:46:19 +0000

Help the Aged and Age Concern object discrimination of the elderly by travel insurers. Charity organizations' report suggests that 30% of insurance...

Two AIA Senior Executives to Leave Because of Prudential Takeover

Thu, 25 Mar 2010 17:33:58 +0000

Two senior executives will leave before Prudential takeover of AIA, according to a source familiar with the situation in the company. Chief Legal Counsel Peter...

Creditors are ready to meet the wishes of those who are now facing severe financial problems.

Thu, 25 Mar 2010 15:53:58 +0000

British Bankers’ Association together with the Ministry of Justice and Consumer Credit Counselling Service (CCCS) has come with an effective scheme of...

Coventry Building Society merging with Stroud & Swindon Building Society

Wed, 24 Mar 2010 23:31:50 +0000

It was announced yesterday, that Coventry Building Society has finalised and agreed merger terms with Stroud & Swindon Building Society. Coventry Building...

Householders Warned not to Post Holiday Details on Social Networks

Wed, 24 Mar 2010 15:33:30 +0000

The Association of British Insurers warned homeowners not to post their holiday plans on the Net. According to the data presented by the Association about 40%...

Road Safety Charity Launches Campaign to End Drug Driving

Tue, 23 Mar 2010 12:23:26 +0000

One of the UK road safety charities has launched a public support campaign against drug driving in the UK. This problem affects safety on UK roads as well as...

Breakdown Cover Company Says Drivers Pay for Cold Winters

Tue, 23 Mar 2010 11:43:28 +0000

According to RAC, UK drivers spent £1.9bn on their vehicles because of the recent cold and icy weather conditions. The insurance and breakdown cove...

State Owned Banks Overcharge for Their Insurance Products

Tue, 23 Mar 2010 10:16:03 +0000

Daily Mail has presented its research findings on insurance products offered by state owned banks in the UK. It turns out that the banks which have been bailed...

Solicitor conducts his business inappropriately.

Sun, 21 Mar 2010 23:38:51 +0000

It has been reported by the Law Society Gazette that, by the decision of the Solicitors Disciplinary Tribunal, Mahmood Akram Khan Mirza will be struck off the...

More Than 150,000 People Looked for Debt Management Help Online in 2009

Sun, 21 Mar 2010 08:32:01 +0000

According to Statistical Yearbook 2009, issued by Consumer Credit Counselling Service (CCCS) online debt management advice is becoming more and more popular....

Women Are Less Likely to Need an IVA than Men

Sat, 20 Mar 2010 12:24:41 +0000

New data from the debt charity Consumer Credit Counselling Service (CCCS) shows that women are less likely than men to need an Individual Voluntary Arrangement...

Santander Has Made Its Premium Account Available for More Customers

Sat, 20 Mar 2010 11:34:24 +0000

Starting from March 8, Santander premium Zero account has been open to consumers with a bank investment product. The premium account used to be available only...

More Banks Partner with Universities to Teach Students to Manage Bank Accounts

Sat, 20 Mar 2010 10:33:26 +0000

PNC Bank and DePaul University have partnered to provide banking education and services for college students and staff. Special attention will be given to...

No More Fee-Free Cash Withdrawals Abroad for Basic Current Account Customers

Sat, 20 Mar 2010 09:13:49 +0000

Nationwide building society has announced that basic current account customers will not be able to withdraw cash without paying any fees while travelling...

13% of UK Investors Are Planning to Go Green with Isas

Sat, 20 Mar 2010 08:43:41 +0000

The “Isa season” of 2010 is in full fling so people are considering the options. According to the data collected by Co-operative Financial Services...

US Animal Lovers Are Invited to Apply for a PASS Visa Platinum Card

Wed, 17 Mar 2010 15:34:59 +0000

The Parsippany Animal Supporters Society (PASS), a volunteer, non-profit organization, invites animal lovers to apply for a charity PASS Visa Platinum credit...

New Credit Card Laws Have a Negative Effect on Business Cards

Wed, 17 Mar 2010 14:27:46 +0000

The Credit Card Act of 2009, which came into effect on February 22, 2010 seem to have a negative effect on credit car deals for small-business owners, experts...

Barclaycard Offers 1% Cash Back Reward for Purchases at High Street Stores

Wed, 17 Mar 2010 13:59:07 +0000

Eight million Barclaycard clients across the country are going to earn 1% cahsback for purchases made at High Street stores. The new reward programme called...

Pentagone Federal Credit Union Has Removed Foreign Transaction Fees on Travel Cards

Wed, 17 Mar 2010 13:00:29 +0000

Pentagone Federal Credit Union has announced that its Premium Travel Rewards American Express(R) Card will no longer have any foreign transaction fees. This...

The Government is Taking Measures to End Rip-Off Balance Transfer Deals

Wed, 17 Mar 2010 12:27:56 +0000

It seems like the days of 0% balance transfer credit card deals are coming to an end. Prime Minister Gordon Brown has declared that the government is going to...

Women are more money-smart than men

Tue, 16 Mar 2010 19:58:46 +0000

Recent research from Lovemoney has shown that women are better at debt management as compared to men. Women make credit card payments regularly and try...

UK Government to Tackle the Animal Threat on the Customers’ Expense

Tue, 16 Mar 2010 19:17:21 +0000

In order to have the number of dangerous pets under control, the government considers launching another pet tax. Compulsory micro-chipping might be the next...

AVIVA to Dominate in Group Critical Illness Insurance Market

Tue, 16 Mar 2010 18:26:00 +0000

Aviva has launched a new group critical illness product. It is one of the lead insurance companies in the market that now wants to dominate the group...

Low Risk Investments in Fine Wine Industry Predicted by Premier Cru

Mon, 15 Mar 2010 19:53:45 +0000

Fine wine market is expecting a 20% markup in 2010-2011.This growth is subject to higher demand from Asian countries.1982 is predicted to rise from current...

Swell in Population Will Cause Increase of Investments in Agriculture by 2050

Mon, 15 Mar 2010 19:49:46 +0000

Specialists predict the growth of population to 9bn by year 2050 from 2.5bn in 2010 there sure will be a growing demand for agricultural products and cattle....

Remortgage Activity Is on the Rise, According to John Charcol Index

Mon, 15 Mar 2010 10:25:26 +0000

The latest John Charcol Index shows that remortgages accounted for more than 50% of mortgages in the first two months of 2010. The figures suggest a revival in...

Stonehaven, Equity Release Provider Suspends New Lending

Mon, 15 Mar 2010 06:32:57 +0000

Stonehaven, Equity Release Provider has posted a message on its website saying that all new lending has been temporarily suspended. The company has been...

Banks join the race for Isa investors

Sun, 14 Mar 2010 19:58:31 +0000

Two biggest banks Barclay and Halifax are fighting for the Cash Isa market this year. They both launched competitive Isas before the April 5 deadline so savers...

Change for the worst for pension providers risks a standstill in the sector

Sun, 14 Mar 2010 19:56:35 +0000

Changes on higher earners taxation and National Employment and Savings Trust development may result in pension providers’ improvement...

Commercial Mortgages Are Among the Loans with the Lowest Delinquency Rate

Sun, 14 Mar 2010 19:06:54 +0000

The Mortgage Bankers Association has announced their findings on delinquency rate on loans in the United States. Amazingly enough, commercial mortgages...

Figures from FSA Reveal High Default Rate for Buy-to-Let Mortgages

Sun, 14 Mar 2010 18:40:34 +0000

The Financial Services Authority (FSA) has published the data on the level of arrears on high LTV buy-to-let mortgages. Figures from 10 major lenders have been...

AA Financial Services Announces the Perfect Time for Car Trade-in

Sun, 14 Mar 2010 17:34:19 +0000

The director of AA Financial Services Mark Haggins believes that now it is the best time for trading in an old vehicle for those who a planning to purchase a...

Bank Manager Fraudulently Persuaded Customers to Take Consolidation Loans

Sun, 14 Mar 2010 10:14:53 +0000

A 36-year-old bank manager Jason Benham is in court for fraudulently making ‘financially naïve’ clients take consolidation loans. Five Lloyds...

Government Pension freeze plan rejected by liberal democrats

Sat, 13 Mar 2010 21:44:22 +0000

Liberal Democrats will vote against freezing government pensions top-up payments in April. According to pension spokesman Webb and Liberal Democrats freezing...

Impaired life annuity sales growth

Sat, 13 Mar 2010 21:41:10 +0000

Sales of so-called enhanced life annuities soared by nearly a quarter to reach a new record high during 2009, research shows.Impaired life annuities sales have...

UK Universities Support the Idea of Cutting Student Loans for Middle-Class Families

Sat, 13 Mar 2010 16:05:35 +0000

British middle-class families are about to lose the opportunity to receive subsidised student loans for their children. More leading universities express their...

Homeowners Will Be Offered Loans to Make Their Homes Environment Friendly

Sat, 13 Mar 2010 16:04:17 +0000

The Government is planning to provide homeowners with special ‘green loans’. They will be tied to a particular piece of property and should be...

AMI Supports Stamp Duty Threshold Increase to Make Loans More Obtainable

Sat, 13 Mar 2010 16:00:27 +0000

The Association of Mortgage Intermediaries that represents the community of mortgage intermediaries worldwide has supported the plans to increase the stamp...

Cofunds launch a product to reward its investors

Sat, 13 Mar 2010 15:42:22 +0000

This February Suffolk Life and Cofunds are launching a personal pension on the Cofund’s platform in the first quarter of 2010. The product is said to be...

SIPP reaches legal age on March 14th

Sat, 13 Mar 2010 15:16:46 +0000

This Sunday March 14th 2010 will be SIPPs official 21st anniversary. SIPP or Self Invested Personal Pension was introduced by Thatcher government back in 1989....

Giving up smoking could reduce life insurance costs

Thu, 11 Mar 2010 20:46:53 +0000

Recent research shows that 65% of British smokers want to give up their habit. According to the insurance company Aviva, quitting is not only a great way to...

Holidaymakers reminded to take care of their travel insurance

Thu, 11 Mar 2010 20:07:37 +0000

New research commissioned by Aviva has revealed that unusually cold winter has made many people want to spend their holidays abroad.However, potential...

Coventry and Stroud and Swindon are on the Threshold of a Merger Deal

Thu, 11 Mar 2010 16:16:43 +0000

Coventry which is considered to be the third largest building society in the United Kingdom has revealed its plans to merge with a smaller competitor Stroud...

Motorcyclists Help to Boost UK Economy According to MCI Research

Thu, 11 Mar 2010 15:53:16 +0000

A recent research has shown that motorcyclists contribute up to £3 billion a year to the UK economy. This figure includes taxes from motorbike sales as...

FSA Urged to Review the Stakeholder Pension Rule

Mon, 01 Mar 2010 13:02:13 +0000

The RU64, or the stakeholder pension rule, should be revised as it no longer appropriate in the modern environment of the pension industry, pension providers believe.

Investec Bank’s Self-invested Personal Pension Plan Pays 2.5%

Mon, 01 Mar 2010 13:01:00 +0000

The newly launched investment product by Investec Bank pays as much as 2.5% on self-invested personal pension plans.

Standard Life Introduces New Personal Pension Plan for the Young

Mon, 01 Mar 2010 12:59:01 +0000

Young Brits are encouraged to think about their financial future by taking out the newly launched personal plan.

New Work Pension Scheme Makes UK Businesses Seek Advice

Mon, 01 Mar 2010 12:55:51 +0000

Small UK businesses intend to seek advice on the National Employment Savings Trust pension scheme, which is to be launched in 2 years.

State Pension Age Should be Raised to 70

Mon, 01 Mar 2010 12:51:57 +0000

PricewaterhouseCoopers research showed that the UK will either have to raise the SPA to 70, or to increase taxes to manage with state pension costs.

Critical Illness Insurance Payouts Reach 93% at Bright Grey

Mon, 01 Mar 2010 12:51:09 +0000

Bright Grey announces that its payouts on critical illness insurance claims reach 93%.

Brokers Urged Not To Ignore Mortgage Payment Protection Insurance

Mon, 01 Mar 2010 12:50:07 +0000

Mortgage payment protection insurance, although has been troubled lately, remains an important cover for mortgage borrowers.

Simple Term Life Insurance Launched by FBFS

Mon, 01 Mar 2010 12:48:33 +0000

Farm Bureau Financial Services launches Simple Term Life Insurance to meet the needs of Americans looking for simple contracts.

Increased Limit on Isas Reawakened Investors’ Interest

Fri, 26 Feb 2010 13:03:36 +0000

The increased annual investment limit on Isas – individual savings accounts - resulted in an increased interest in this product among investors.

More Americans Buy Pet Insurance

Fri, 26 Feb 2010 13:03:06 +0000

Overview of the US insurance market showed that the trend of purchasing pet insurance is constantly growing.

High-skilled Professionals Offered Better Income Protection Cover

Fri, 26 Feb 2010 13:02:33 +0000

Individual income protection for high-skilled professionals has finally been extended by some of the UK insurers.

Group Income Protection Attracts More and More Businesses

Fri, 26 Feb 2010 13:01:51 +0000

GRiD research showed that UK businesses are dissatisfied with Government’s funding of sick days.

ACE Appoints New Director to Its Travel Insurance Department

Fri, 26 Feb 2010 13:01:14 +0000

ACE has recently announced the appointment of a new regional director to its travel insurance department.

UK Conveyancing Solicitors Prompted to Be Attentive

Fri, 26 Feb 2010 12:57:09 +0000

Conveyancing solicitors are recommended to accurately follow the instructions, including those in the Council of Mortgage Lenders’ handbook.

Pension Annuities Sales Continue to Climb

Fri, 26 Feb 2010 12:56:34 +0000

Latest data revealed by IRI and Beacon Research suggests that pension annuities are still in demand.

Zurich Seeking New Pension Annuity Partner

Fri, 26 Feb 2010 12:55:44 +0000

Insurance company Zurich is said to be seeking a partner for pension annuities to replace Prudential.

Life Insurance Companies Fined for Selling Life Annuities

Fri, 26 Feb 2010 12:54:37 +0000

Nationwide Life Insurance Co. and Nationwide Life and Annuity Insurance Co. were fined for encouraging their customers to switch between annuities without explaining the pros and cons of the deal.

Students Encouraged to Turn to Bank Accounts and Debit Cards

Fri, 26 Feb 2010 12:53:59 +0000

The new law, which entered into force in the United States, prohibits the issuance of credit cards to those under 21.

New Chinese Index Fund Offers Low-Risk Investment Options

Fri, 26 Feb 2010 12:52:34 +0000

A newly launched index fund is considered to be a good option for those investors seeking low-risk investment opportunities.

Social Networks Might Lead to a Rise in Home Insurance Premiums

Fri, 19 Feb 2010 14:04:33 +0000

Home insurance providers become increasingly concerned over the growing number of burglaries caused by homeowners’ negligence.

Diva Insurance Publishes New Survey Results

Fri, 19 Feb 2010 13:13:38 +0000

Diva Insurance survey showed that women are concerned over the looks of breakdown recovery men.

UK Van Drivers Concerned Over Fire and Accidental Damage Cover

Fri, 19 Feb 2010 12:54:28 +0000

Almost half of UK van drivers pay greater attention to fire and accidental damage cover than to other insurance criteria.

Barclays to Increase Interest Rates on Current Accounts

Fri, 19 Feb 2010 12:21:15 +0000

Barclays plans to introduce higher overdraft charges on basic and premium current accounts.

US Residential Mortgage Applications Fall by 2.1%

Fri, 19 Feb 2010 11:21:27 +0000

MBA survey showed a 2.1% fall in the number of residential mortgage applications filed in the 3rd week of February.

UK Stock Market Yields Positive Returns in 2009

Wed, 03 Feb 2010 12:12:30 +0000

According to the latest forecasts, British shares are set to bring the best annual returns in the past 20 years as the year of 2009 was characterised by outstanding recovery of the UK stock market.

UK Borrowers Urged to Avoid Store Cards

Wed, 03 Feb 2010 12:11:23 +0000

A recent research carried out by an online financial website Money Expert suggests that UK shoppers risk facing incredibly high interest rates of up to 25% in case they do not pay off their bills on store cards immediately.

Abbey’s Customers Face Payment Delays

Wed, 03 Feb 2010 12:08:30 +0000

A misfortunate technical error at Abbey, a Spanish-based lender, affected thousands of its customers and the bank was unable to process payments.

UK Car Insurance Premiums to Rise by 5% Next Year

Wed, 03 Feb 2010 12:06:49 +0000

The research carried out by Deloitte LLP, a leading international consulting and accounting company, suggests that British car insurers might soon raise premiums by at least 5%. Their possible move can be explained by a decline in investment returns in 20

Rate of Decline of UK Business Investment Improves

Wed, 03 Feb 2010 12:04:55 +0000

According to the official data published on Friday, December 18th, by the Office for National Statistics, the British public sector borrowing reached a record amount last month, and constituted £20.3 billion, almost £5 billion more than in November 2008.

Mortgage Borrowers Recommended to Consider Savings Accounts

Wed, 03 Feb 2010 12:03:55 +0000

The Times Money recently published an article, which recommends UK mortgage borrowers to critically access their decisions associated with mortgage overpayments.

Travelers Recommended to Avoid Credit Cards During Christmas Holidays

Wed, 03 Feb 2010 12:03:25 +0000

According to an article published by Fair Investment, a UK online financial services company, UK credit holders should carefully choose credit cards when going away for Christmas holidays if they wish to avoid huge credit card charges.

UK Mortgage Borrowers Are Better Off in 2009

Wed, 03 Feb 2010 12:02:02 +0000

According to the information revealed in the Quarterly Bulletin published by the Bank of England, UK mortgage borrowers are better off in 2009 than last year.

UK Savers See Fixed Deals Becoming Less Attractive

Wed, 03 Feb 2010 12:01:01 +0000

British savers, whose fixed savings deals are about to mature, have been warned that they might soon lose money as banks and building societies either reduce savings rate or withdraw the best available accounts.

UK Insurance Premiums Fell by 18% in 2008 - IFSL

Wed, 03 Feb 2010 11:59:28 +0000

According to the latest research carried out by the International Financial Services London – a non-profit independent organisation promoting UK financial services – the market of insurance in Great Britain fell by 18% last year, and reached £215.3 billio

Contactless Credit Cards Issued by Barclays and Barclaycard News

Wed, 03 Feb 2010 11:51:22 +0000

On December 10th, Barclays and Barclaycard Credit Cards announced issuance of 5,000,000 contactless credit cards in the UK.

Secured Loans' Interest Rates Fall in January

Tue, 26 Jan 2010 11:09:51 +0000

Experts believe that secured loans are a good way of repairing one’s poor credit history.

UK Motorbike Insurance Firm Offers Free Breakdown Cover

Mon, 25 Jan 2010 10:50:33 +0000

Bennetts, a UK-based motorbike insurance provider, offers free breakdown cover to new customers.

Abnormal Weather Conditions Might Lead to Increased Debt Management Inquiries

Sun, 24 Jan 2010 10:48:55 +0000

Financial experts believe that overheating of properties might result in an increase of debt management inquiries.

Credit Card Holders Are Expected to Apply for IVAs

Sat, 23 Jan 2010 10:47:54 +0000

More credit card holders are expected to apply for IVAs as the interest rates hit the 12-year high.

HSBC Launches New Premium Current Account

Fri, 22 Jan 2010 10:45:59 +0000

The newly launched HSBC premium current account offers the bank’s clients a wide range of benefits.

ISAs Are Most Popular With Females and Youngsters

Thu, 21 Jan 2010 10:43:22 +0000

Halifax research showed that the proportion of men and youngsters signing up for ISAs has grown the fastest in 9 years.

Barclaycard Upgrades Its Platinum Credit Card Features

Tue, 19 Jan 2010 10:40:36 +0000

Holders of Barclaycard platinum credit cards are now offered a number of advantages by the bank.

British and American Businesses Obliged to Use Credit Cards

Mon, 18 Jan 2010 10:39:45 +0000

Several surveys showed that UK and American businesses have to turn to credit cards for financing.

Balance Transfer Credit Card System Has to Be Reformed

Sun, 17 Jan 2010 10:38:00 +0000

Cambridge researchers are determined that the current balance credit card system is totally flawed.

UK Remortgage Market Declined by 50% Last Year

Sat, 16 Jan 2010 10:36:18 +0000

Estimations of UK property market experts suggest that the sector of remortgages fell almost by half in 2009.

Yorkshire Building Society Announces New Mortgage Deals for First-time Buyers

Fri, 15 Jan 2010 10:35:00 +0000

UK first-time buyers are recommended to benefit from new low-cost mortgages offered by the Yorkshire Building Society.

Equity Release Providers to Enter the Sale and Rent Back Market

Thu, 14 Jan 2010 10:34:17 +0000

Experts believe that equity release providers will soon turn to the SRB market.

Leading Commercial Property Lenders Are Optimistic about the Industry’s Prospects

Wed, 13 Jan 2010 10:32:50 +0000

New commercial mortgages are being originated despite the fact that lenders remain cautious.

The Mortgage Works Launches Totally New Buy to Let Deals

Tue, 12 Jan 2010 10:32:00 +0000

UK buy to let landlords are encouraged to benefit from absolutely new mortgage deals launched by the Mortgage Works.

The Student Loans Company to Dismiss 150 Workers

Mon, 11 Jan 2010 10:31:02 +0000

The Student Loans Company announced its plans to cut 150 jobs in the near future.

UK Buyers to Pay Special Attention to Car Loans This Spring

Sun, 10 Jan 2010 10:29:49 +0000

The British market of second-hand cars is expected to boost this spring.

UK Financials Ltd. Launches New “Debt Consolidation” Plan

Sat, 09 Jan 2010 10:18:52 +0000

Struggling borrowers encouraged to consider applying for a consolidation loan.

“UK Secured Personal Loans 2008” Report Published by Bharatbook

Fri, 08 Jan 2010 12:05:49 +0000

Those interested in the performance of UK secured loans’ market are recommended to purchase a new research work by Bharatbook.