Top Money Stories Archive May 2009
Good news in the housing market
Friday, 29 May 2009 | 2 CommentsHouse prices on the up · Car scrappage scheme seems to be working · Overdraft charges to rise
Filed under: house overdrafts prices,
Young people in need of money education
Thursday, 28 May 2009 | 0 Comments12-17 year olds unclear about money · Rent prices remain unchanged in May · Jobs at risk at Shell
Filed under: costs, education, money redundancy rental
It's never too early to think about retirement
Wednesday, 27 May 2009 | 0 CommentsMany adults are not saving for retirement · Santander announce rebranding plans · Lending remains low
Loansharking could increase
Tuesday, 26 May 2009 | 0 CommentsBeware of loan sharks · Young people will struggle to find jobs · OFT issues a warning · 'Buy now pay later' deals on the rise
Filed under: debt loan sharks, unemployment,
Credit rating at risk
Friday, 22 May 2009 | 2 CommentsBritain risk downgraded credit rating · Major retailers feeling the strain · Building societies warn that mortgage rates may rise · British public cut back spending
Filed under: crisis, debt, financial mortgages, public spending
Mortgage lending falls in April
Thursday, 21 May 2009 | 0 CommentsMortgage lending falls by £1bn in April · IMF says Britain is on course for a 'sustainable recovery' · Lloyds announce more job cuts · Retail sales up in April · Tenants charged extra fees to rent
Filed under: housing mortgages, recovery, sales, unemployment,
Pensioners slip further into debt
Wednesday, 20 May 2009 | 0 CommentsPensioner's credit card debt reaches worrying levels · Huge amount overpaid in tax credits · Lloyds announce more job cuts · MPC decides to keep interest rates at 0.5% · British pound reaches highest level seen in 2009 · Lloyds unveil mortgage to help first-time buyers
Filed under: credits, mortgages pensioners, pound, tax unemployment,
Inflation continues to fall
Tuesday, 19 May 2009 | 0 CommentsUK inflation falls again during April · Car scrappage scheme gets off to a slow start · Estate agents report rise in property sales
Filed under: car housing inflation, sales,
Government launch scheme to boost motor industry
Monday, 18 May 2009 | 0 CommentsGovernment's car scrappage scheme given green light · Homeowners increase asking prices · Savers urged to shop around · RBS criticised for axing its 2 year fixed-rate mortgage
Repossessions up in first quarter
Friday, 15 May 2009 | 0 CommentsHome repossessions up 50% from last year · Mistakes on benefit payments continues · Abbey announce plans to boost its lending
Filed under: mortgages repossessions,
Ups and downs in the economy
Thursday, 14 May 2009 | 0 CommentsMortgage lending rises in March · More job losses announced
Filed under: mortgages Unemployment,
Unemployment rate over 7 percent
Wednesday, 13 May 2009 | 0 CommentsUnemployment reaches 2.22million · Bank of England see slow economic recovery · Landlords struggle to meet their mortgage repayments
Filed under: economic recovery, repossessions unemployment,
Economy shows some positive signs
Tuesday, 12 May 2009 | 0 CommentsOECD suggest that the worst of the recession could be over · Minimum wage increased to £5.80 · Increase in part-time workers · Legal & General cut jobs
Filed under: housing, minimum recession, retail, unemployment wage,
Government schemes failing to help homeowners
Monday, 11 May 2009 | 0 CommentsFirst time buyers don't get the help promised · Councils cut jobs as they see their incomes fall · Government unveils plans to help consumers save on energy bills · Over 50's return to wartime saving methods
Filed under: bills, energy housing, saving unemployment,
Economy gets a boost
Friday, 8 May 2009 | 0 CommentsBank of England pumps £50bn into the economy · Gap widened between the rich and the poor · MP's expenses under scrutiny · UK car sales fall 24%
Filed under: car crisis, expenses, financial inequality, sales
Budget criticised by MPs
Thursday, 7 May 2009 | 0 CommentsTreasury Select Committee questions Mr Darling's Budget · Universities set to see a huge cut in government funding · British Gas cut back electricity prices · Mortgage lenders begin to offer more loans · Increases in food prices slows in April
Filed under: Budget, energy inflation mortgages, prices,
Tax rise needed to save the economy
Wednesday, 6 May 2009 | 0 CommentsTaxes could increase by more than 10% · New charges on credit cards · British pound regains some strength · Halifax report fall in house prices in April · Banks try to lure in savers
Filed under: cards, credit crisis, financial house pound, prices, savings
European economies to shrink by more than expected
Tuesday, 5 May 2009 | 0 CommentsEurope set to contract by 4% · Landlords to have to register to let residential property · Property prices down by 28% from peak
Filed under: house letting, prices recession,
Bankruptcies reach record levels
Friday, 1 May 2009 | 0 CommentsUK public struggling to keep their head above water · Mortgage Rescue Scheme helps one family · Mortgage approvals increase slightly in March · People in the North East are most addicted to using credit cards
Filed under: bankruptcy, cards credit mortgages,
