Top Money Stories Archive June 2009
Building Britain's Future
Tuesday, 30 Jun 2009 | 0 CommentsBuilding Britain’s Future · Pension crisis ahead for women · Youth unemployment rises · House prices set to rise · Banks fear regulatory crackdown ·
Filed under: financial pension, recession, reform, regulation, unemployment youth,
National debt may quadruple
Monday, 29 Jun 2009 | 0 CommentsRating agency: national debt may quadruple ‘· Banks predict falling mortgage payments to ease finances for households; debt charities cautious ‘· Signs of financial recovery ‘· Cameron hints at benefit cuts
Filed under: benefits, debt, financial mortgage, national recovery
Banks still remain vulnerable
Friday, 26 Jun 2009 | 0 CommentsKing of Pop dies aged 50 · Bank of England issues warning to UK banks · FSA puts end to commission for IFA's · Jobs slashed at Corus and Birthdays · Cheque guarantee card to be phased out · Land Registry report decline in house prices in May
Filed under: advisers, cheques, crisis, debt, financial house prices unemployment,
Spending cuts and tax rises the only way
Thursday, 25 Jun 2009 | 0 CommentsOne in six children live in homes where no one works · Bank of England urges the PM to take control of the public finances · Credit card companies crackdown on interest rate 'tarts' · Energy firms continue to over-charge · Benefits unclaimed in 2007/08
Filed under: benefits cards, credit debt, energy poverty, prices, public
Young unemployment rate nears 10 per cent in certain areas of the UK
Wednesday, 24 Jun 2009 | 0 CommentsHull named young jobless capital · HMRC report a rise in house sales · Overdraft charges case hangs in the balance · 35,000 shops to go by the end of the year · OECD believes recession is nearing the bottom
Filed under: bank charges, housing market, recession unemployment,
Housing market shows mixed signals
Tuesday, 23 Jun 2009 | 0 CommentsFSA and CML deliver verdict on repossessions · Companies plan to freeze or cut pay · Home loan approvals increase in May
Filed under: mortgages pay, repossessions,
Good borrowers pay the price
Monday, 22 Jun 2009 | 0 CommentsAverage fixed-rate mortgage increases by 0.16% in a week · Carer grandparents face poverty · uSwitch forecast energy prices to be more than £4,000 in 10 years
Filed under: energy mortgages, poverty, prices
Public sector forecasted to borrow £200bn in 2009/10
Friday, 19 Jun 2009 | 0 CommentsProspective homebuyers struggle to get onto the property ladder · Public borrowing reaches record levels · Total sack 900 workers · Car production continues decline
Filed under: car mortgages, public sales sector, unemployment,
One in six 18 to 24 year olds jobless
Thursday, 18 Jun 2009 | 0 CommentsFormer RBS chief agrees to take a pension cut · Youth unemployment reaches a 15-year high · Sainsbury's pledge to create 10,000 jobs · Mortgage lending falls during May · Retail sales fall back in May
Filed under: jobs, mortgages, RBS, sales unemployment,
Unemployment up to 2.261 million
Wednesday, 17 Jun 2009 | 0 CommentsUnemployment reaches highest level since 1996 · Abbey increase cost of their fixed-rate mortgages · Increase in young females going bust · Job market becomes more and more competitive · Retailers complain about the return of the 17.5% VAT rate
Filed under: bankruptcy, jobs, mortgages, unemployment, VAT
UK inflation falls again during May
Tuesday, 16 Jun 2009 | 0 CommentsUK inflation continues to fall · Halifax and Cheltenham & Gloucester increase cost of their fixed-rate mortgages · BBC could have to share license fees · BA ask staff to work for nothing · BBA warns FSA over its reforms
Filed under: None
Recession not as bad as forecasted
Monday, 15 Jun 2009 | 0 CommentsCBI forecast growth at the start of 2010 · Home sellers begin to get more for their homes · Phisher scams on the increase · 60,000 cars set to be scrapped
Filed under: cars fraud, housing, recession,
More homeowners in negative equity
Friday, 12 Jun 2009 | 0 CommentsNegative equity is linked to speeding up the recession · Beware of ID fraud · West Bromwich are saved
Think tank reports economic growth in April and May
Thursday, 11 Jun 2009 | 0 CommentsRecession is almost over according to think tank · Big jump in mortgage lending in April · Pound reaches 2009 high against the euro · Brown and Cameron clash over public spending · Nationwide increase mortgage rates · Banks and other lenders take flack
Filed under: mortgages, pound, public recession, regulation spending,
Landlords continue to struggle to stay on top of their finances
Wednesday, 10 Jun 2009 | 0 CommentsWarning over savings rates · Buy-to-let landlords struggling to keep their homes · Citizens Advice sees dramatic increase in demand · Surprise increase in UK industrial output in April
Filed under: debt, output repossessions, savings,
Housing market continues to show some encouraging signs
Tuesday, 9 Jun 2009 | 0 CommentsHouse prices nears bottom · Large job cuts planned at BA and the Lloyds Banking Group · MP's call for crackdown on late taxpayers · Retail sales fall in May
Filed under: house market, sales tax, unemployment,
Dubai hit hardest by the global house price slump
Monday, 8 Jun 2009 | 0 CommentsHouse prices fall worldwide · Credit card rates continue to rise · FSA to regulate 'sale and rent back' companies · Lloyds Banking Group set to repay some of taxpayers' money · The pound falls further as the political situation remains uncertain
Filed under: Banking cards, credit FSA, Group, house Lloyds pound prices,
More students are dropping out of university
Friday, 5 Jun 2009 | 0 CommentsIs the cost of tuition fees putting off future students? · The pound falls in the midst of political uncertainty · Increases in the cost of fuel causes lifestyle changes for many
More signs of green shoots appearing
Thursday, 4 Jun 2009 | 0 CommentsSigns of growth in the service sector · House prices rise during May according to Halifax · Food inflation in the UK much higher than in the rest of Europe · Bank of England maintain interest rates at 0.5% · Further job cuts · Car sales continue to fall in May
Filed under: car house inflation, interest prices, rates, recovery, sales unemployment,
Consumer confidence begins to return
Wednesday, 3 Jun 2009 | 0 CommentsConsumer confidence on the up · Eurozone unemployment rate nears 10% · Pound continues to regain strength · HMRC predicts large fall in income tax revenue · Warning about claim-handling firms
Filed under: crisis, financial pound, tax unemployment,
Number of home loan approvals continues to increase
Tuesday, 2 Jun 2009 | 0 CommentsMortgage approvals continue to rise · Manufacturing sector begins to show signs of recovery · Nationwide increase their overdraft rates · Unleaded petrol prices increase · Motor industry remains in turmoil
Filed under: fuel, industry manufacturing, mortgages, motor overdrafts,
Pound reaches 7 month high
Monday, 1 Jun 2009 | 0 CommentsPound continues to increase in strength · Lords call for Bank of England to regulate finance sector · Demand for houses slowing the decline of house prices · Bradford & Bingley report a rise in mortgage arrears · Mortgage Rescue Scheme fails to live up to expectation
Filed under: house mortgages pound, prices, regulation,
