Top Money Stories Archive July 2009
Financial Services Authority lambasted by MPs
Friday, 31 Jul 2009 | 0 CommentsFinancial Services Authority lambasted by MPs · Poor pensioners struggle under benefits system
Filed under: Pensioners Regulation,
UK inequality remains at a high level
Thursday, 30 Jul 2009 | 0 CommentsUK inequality remains at a high level · Government cutbacks in public spending affect vulnerable groups · Mortgage approvals continue to rise
Filed under: Asylum, Benefit, Inequality, Mortgage
Doorstep lenders slammed for interest rates
Wednesday, 29 Jul 2009 | 0 CommentsDoorstep lenders slammed for interest rates · ‘Work or lose benefits’ ultimatum to be delivered to unemployed youth
Filed under: Interest, Loans, Unemployment, Youth
Small businesses call for review of competition in the banking sector
Tuesday, 28 Jul 2009 | 0 CommentsSmall businesses call for review of competition in the banking sector · 50p tax ‘will stifle economy and jobs’ · Houses rise for the first time in 2009;
Filed under: businesses, Economy, Housing Jobs, Small
Banks' continuing reluctance to lend threatens to delay recovery
Monday, 27 Jul 2009 | 0 CommentsBanks' continuing reluctance to lend threatens to delay recovery · University students may face two tiers of fees · UK faces credit card crisis on US scale
Water companies told to cut spending and channel savings to customers
Friday, 24 Jul 2009 | 0 CommentsWater companies told to cut spending and channel savings to customers · Households better prepared than banks · RBS and Lloyds given five years by Brussels · Large banks may have to hold more capital · One in ten home sales fails due to mortgage problems · Average council tax to rise to £1,500 · Tories may not rush to drop 50p tax rate · Retail sales increase · Councils offer 1% pay rise · Editorial: honesty about cuts needed
Filed under: None
£4bn in unclaimed tax credits
Thursday, 23 Jul 2009 | 0 Comments£4bn in unclaimed tax credits · Recovery ‘will take five years’ · Graduates fail to repay loans · Gordon Brown defends tri-partite system · Orange to offer phone ads deal
Filed under: None
Think-tank: cuts not enough to pay debt
Wednesday, 22 Jul 2009 | 0 CommentsThink-tank: cuts not enough to pay debt · FTSE enjoys best fun in four years · Boomerang generation on the rise · Growing fears over elitism in society
Filed under: None
Treasury fails annual audit
Tuesday, 21 Jul 2009 | 1 CommentsTreasury fails annual audit · Bad news released on last day of Parliament · MPs say end of cheap food in sight · Doorstep lending on the rise · Bank of England may become most powerful central bank in world · Labour accused of failing working class students
Shadow Chancellor presents his plan
Monday, 20 Jul 2009 | 0 CommentsShadow Chancellor presents his plan · Suspicion at rebounding stock market · Signs of upturn of housing market · Editorial: Insiders cannot fix financial situation · Cabinet to prioritize youth unemployment · Card firms reject ‘too good’ customers
Filed under: cabinet, chancellor, debt, market, stock unemployment
IMF warns of run on the pound
Friday, 17 Jul 2009 | 0 CommentsIMF warns of run on the pound · Walker report tells banks to be transparent on pay · Graduate unemployment ‘reaches all-time high’
Filed under: None
Banks told to cut unfair loan rates
Thursday, 16 Jul 2009 | 0 CommentsBanks told to cut unfair loan rates · 3,000 jobs lost a day · 10,000 university places to be added · Goldman-Sachs posts large profits · O2 launches Visa card for teenagers · Top civil-servant warns of deep cuts in public services
Filed under: None
Pensioners face £20,000 bill for basic social care
Wednesday, 15 Jul 2009 | 0 CommentsPensioners face £20,000 bill for basic social care · Lord Mandelson talks of a ‘decade of cuts’ · Inflation drops below Bank’s target · Appetite decreased for eating out · Parliamentary insolvency task force to be set up
Filed under: None
US Treasury Secretary: Recession over within months
Tuesday, 14 Jul 2009 | 0 CommentsUS Treasury Secretary: Recession over within months · Treasury scheme to boost property market ineffective · Your family has £3000 invested in RBS and Lloyds · Nabucco pipeline formally agreed · Regional development row · Llyods TSB see increased business confidence
Filed under: confidence, development recession, treasury,
Study: Britons will be poorer in coming decades
Monday, 13 Jul 2009 | 0 CommentsStudy: Britons will be poorer in coming decades · The CBI urges investment in nuclear power to avoid ‘systematic failure’ by 2030 · Bank reform proposals to be announced on Thursday · IMF: UK only leading economy unable to budget for economic rescue package · £200 million to solve primary school crisis · Two-thirds sickness benefit claimants being rejected · Borders shuts flagship store · Fuel bills to sore to pay for green energy plan
Filed under: budget, cuts, debt, economy, fuel, IMF, primary school taxes,
FSA to adopt ‘name and shame’ strategy of banks
Friday, 10 Jul 2009 | 0 CommentsFSA to adopt ‘name and shame’ strategy of banks · Markets surprised by delay of quantitative easing · 125 % mortgages draw criticism and fear · Council pension plan in question · 50,000 may be denied place at university this year · City job market improving · Policy changes expected after the election
Filed under: credit, FSA, mortgage, students university,
Students living at home may escape tuition fees
Thursday, 9 Jul 2009 | 0 CommentsStudents living at home may escape tuition fees · Landmark ruling in sale-and-rent scam · Nationwide reintroduces 125 % mortgages · IMF raises forecast for 2010 · Financial White Paper presented
Filed under: None
The Pope's encyclical
Wednesday, 8 Jul 2009 | 0 CommentsThe Pope's encyclical · Sky and BT credit card benefits · Britain begins to save again
FSA on the offensive
Tuesday, 7 Jul 2009 | 0 CommentsFSA on the offensive · Pope calls for reform of global economy · Bank of England expected to hold rates and print more money · The Department of International Development changes name · Cattles defaults on interest payments · Many miss out on childcare benefits · Car scrappage scheme has little impact
Filed under: None
Government under pressure on no-cuts stance
Monday, 6 Jul 2009 | 0 CommentsGovernment under pressure on no-cuts stance · Quarter of graduate vacancies disappear · Northern Rock offers mortgages for first time since 2007 · Calls to make Northern Rock a ‘people’s bank’ · US economy facing ‘debt explosion’ · Ethical food loses out to cheaper alternatives · Lone parents to be offered better pay · Brighthouse reports increased sales whilst facing concern from Credit Action
Filed under: brighthouse, cut, debt, pay Redundancy, vacancies
'Raise pension age to 70'
Friday, 3 Jul 2009 | 0 Comments'Raise pension age to 70' · Graduates struggle to find employment · Shadow chancellor backtrack on debt policy · Bank of England says housing crash past its worst
Filed under: debt housing pension, policy, tory, unemployment,
Consumer White Paper presented today
Thursday, 2 Jul 2009 | 1 CommentsConsumer White Paper presented today · Student grants and loans frozen as fees rise · Pawnbrokers flourish in tight economic climate · Housing auctions increase sharply · Debt not always bad · Northern Rock in new trouble ·
Filed under: consumer debt, grants, loans, paper, pawnbrokers, student white
Is the economy finally warming up?
Wednesday, 1 Jul 2009 | 0 CommentsIs the economy finally warming up? · Turbulence in the housing market · Barclays repays pensioner £100,000 over misleading advice · Tories present overhaul of public finance · Slowed police response to card fraud ·
Filed under: barclays, economy, finance, fraud, mortgage, payments
