Smaller losses at Northern Rock

March 10th, 2010

Northern Rock says that it made “good progress” in 2009, after reporting a sharp fall in its annual losses.

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Northern Rock defends bonuses despite loss

March 10th, 2010

Northern Rock chief executive Gary Hoffman has defended paying staff bonuses
despite the mortgage lender failing to make a profit last year.

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Hailing the arrival of alien predators

March 9th, 2010

Europe is set to release its first non-native “biological control” species to curb the spread of Japanese knotweed.

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Number of first time buyers falls sharply

March 9th, 2010

Only one in four people planning to buy a home are first-time buyers.

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House price rises ‘to ease off’

March 9th, 2010

Further rises in house prices may be held back by more properties coming onto the market, surveyors have said.

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Housing market on hold ahead of general election

March 8th, 2010

Housing market on hold as home buyers and sellers adopt a “wait and see”
approach in the run up to the general election.

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Worker jailed for defrauding firm

March 8th, 2010

A woman is jailed after admitting fraud offences totalling £450,000, including siphoning off more than £60,000 from her employer.

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Luxury piano maker Petrof turns to furniture in global economic crisis

March 8th, 2010

The global economic crisis has forced worldrenowned Czech piano maker to switch production from grands to lacquered kitchen furniture.

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Bovis turns profit on thin sales

March 8th, 2010

Homebuilder Bovis returned to profit in 2009, but sales were far below pre-recession levels, the company says.

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The upside of having a mortgage in retirement

March 7th, 2010

Paying off a mortgage before retirement is not always the best idea.

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Bank of England chief rules out further financial boost for UK economy

March 6th, 2010

Bank of England governor plays down chances of further spending boost to aid an ailing UK economy in next month’s Budget.

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Fixed-rate energy deals ‘unfair’

March 6th, 2010

Millions of energy customers are losing out on price cuts as they are locked into “unfair” fixed-rate tariffs, a consumer website warns.

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Metro Bank gets official go-ahead

March 5th, 2010

A proposed new High Street bank, Metro Bank, has been given a banking license by the Financial Services Authority.

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Debt, cuts and the ghost of Geddes

March 5th, 2010

Big cuts on the horizon, the media campaigning for an end to waste and those affected bitterly protesting. Sound familiar?

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Metro bank granted FSA licence

March 5th, 2010

Metro Bank, the first new high street bank for 100 years, has been granted a
licence by the Financial Services Authority and will open its doors to
customers in April.

admin Mortgages

Homeowner Loan – the Key is Right in your Hands!

March 4th, 2010

Homeowner loan is the key to a lot of happiness where you can avail loans at easy terms and conditions and fulfil most of your desires. They are easily available with many lenders in UK, whom you can find both in the traditional method as well as through internet. But before that, let us look [...]

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UK house prices ‘dropped by 1.5%’

March 4th, 2010

UK house prices recorded their first monthly fall since June, with a 1.5% drop in February, according to the Halifax.

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UK house prices fall, snapping rally

March 4th, 2010

UK house prices dropped last month, according to the latest figures from
Halifax, as the mortgage lender became the latest to signal the current
rally is losing momentum.

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