Visit BBC News for up-to-the-minute news, breaking news, video, audio and feature stories. BBC News provides trusted World and UK news as well as local and regional perspectives. Also entertainment, business, science, technology and health news. [link to publisher's website]
Repossession of homes up by 12%
Fri, 21 Nov 2008 12:10:46 GMT
The number of properties repossessed by mortgage lenders rose by 12% to 11,300 in the third quarter of the year. |
Property sales rise in October
Fri, 21 Nov 2008 13:56:23 GMT
Property sales rose by 8% in October, according to the latest figures from HM Revenue & Customs. |
Catalogue sales face PPI checks
Fri, 21 Nov 2008 15:56:46 GMT
The sale of payment protection insurance alongside goods sold in catalogues should be restricted, says the Competition Commission. |
Revenue in new offshore tax trawl
Thu, 20 Nov 2008 16:05:09 GMT
Offshore tax dodgers will be facing a second round of investigations by HM Revenue & Customs next year. |
Retail sales bring scant comfort
Thu, 20 Nov 2008 11:12:50 GMT
Sales on the UK's High Streets fell by a lower-than-expected 0.1% in October, Office for National Statistics figures show. |
House sales rise as prices fall
Wed, 19 Nov 2008 13:49:24 GMT
Property sales rose slightly in October, for the second month in a row, the National Association of Estate Agents says. |
October mortgage lending picks up
Thu, 20 Nov 2008 12:45:10 GMT
Mortgage lending rose by nearly 7% between September and October, figures from the Council of Mortgage Lenders show. |
Premium Bond prize fund is cut
Wed, 19 Nov 2008 10:00:30 GMT
The number of Premium Bond prizes is being reduced following the recent cut in the Bank rate to 3%. |
Bank hints at further rate cuts
Wed, 19 Nov 2008 10:38:45 GMT
Expectations of another rate cut rise after the release of minutes from the Bank of England meeting which slashed rates to 3%. |
Consumer inflation falls to 4.5%
Tue, 18 Nov 2008 12:12:18 GMT
Official figures show that UK inflation fell from 5.2% to 4.5% in October, as oil prices and transport costs fell. |
Rock arrears due to 125% loans
Tue, 18 Nov 2008 13:22:39 GMT
Arrears on controversial home loans of up to 125% of the value of a property are driving Northern Rock's repossession rate. |
Fraudulent broker banned
Tue, 18 Nov 2008 11:57:31 GMT
A mortgage broker who tried to defraud insurance firms of more than £250,000 has been banned by the Financial Services Authority. |
Glut of unsold homes hits rents
Tue, 18 Nov 2008 00:02:17 GMT
A glut of unsold homes has flooded the home rental market, driving down rents at the fastest rate on record, surveyors say. |
Pension access 'may help savings'
Tue, 18 Nov 2008 10:25:14 GMT
Early access to pensions in times of need would increase the number of people saving for their retirement, a report says. |
Problems looming for buy-to-let
Mon, 17 Nov 2008 16:41:57 GMT
Some 20% to 40% of buy-to-let landlords will be in negative equity if house prices keep falling at current rates, a report says. |
'Close to 3m UK jobless' by 2010
Mon, 17 Nov 2008 08:42:53 GMT
The CBI says the UK economy will shrink by 1.7% in 2009, with unemployment rising to nearly 3 million by 2010. |
London 'worst hit in recession'
Mon, 17 Nov 2008 03:04:58 GMT
London could be set to bear the brunt of the economic downturn while other cities weather the storm, a report says. |
Concern over festive prawn prices
Mon, 17 Nov 2008 00:42:02 GMT
The credit crunch is being blamed for affecting prawn prices ahead of the festive season, normally a good time for sales. |
Warning as pension payments fall
Sat, 15 Nov 2008 12:30:30 GMT
One in five people are planning to stop or reduce pension contributions to help cope with the economic downturn, a new survey suggests. |
Energy firms 'profit from poor'
Sat, 15 Nov 2008 00:05:35 GMT
Energy suppliers are being accused of making some of their biggest profits from their poorest customers. |
