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August 2009 - Finance
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Government updates repossession advice
Homeowners under threat of repossession and tenants on the brink of eviction have a new resource available at www.direct.gov.uk. The site now contains articles and videos prepared by the Ministry of Justice, aimed at informing people with both mortgage...
Published
08-31-2009 6:36 PM
by
Finance Markets: Finance News | UK Personal Financial News & Daily Finance Market News
Filed under:
All Financial News
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Mortgage News
,
mortgage
,
advice
,
repossession
,
rent
,
arrears
,
eviction
,
Ministry of Justice
Euro zone CPI falls in August
Eurostat has revealed that the CPI in the euro zone declined in August by an annual rate of 0.2% and followed the record 0.7% fall in July. Analysts were encouraged by the slower rate of decline in consumer prices and Nick Kounis of Fortis commented:...
Published
08-31-2009 5:58 PM
by
Finance Markets: Finance News | UK Personal Financial News & Daily Finance Market News
Filed under:
All Financial News
,
euro zone
,
Economy News
,
ECB
,
interest rates
,
fall
,
deflation
,
slow
,
risk
,
August
A Response To Financial Nuts – Knowing How Your Advisor Is Compensated
I recently read an article by Financial Nuts where he got pushed by a financial advisor to buy life insurance. During their very first meeting, the advisor kept coming back to his need to buy life insurance while the client clearly stated he was not interested...
Published
08-31-2009 11:00 AM
by
The Financial Blogger
Filed under:
Financial Planning
,
Personal Finance
Lloyds considering Halifax agency counter closures
Lloyds Banking Group is considering more job losses as the bank plans to close more than 300 “agency” counters run by its Halifax subsidiary in the offices of estate agents, solicitors or financial advisers. Agency counters are not Halifax branches and...
Published
08-31-2009 9:50 AM
by
Finance Markets: Finance News | UK Personal Financial News & Daily Finance Market News
Filed under:
All Financial News
,
Banking News
,
Halifax
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Lloyds Banking Group
,
Bank of Scotland
,
job losses
,
agency
,
closure
,
Cheltenham & Gloucester
,
counter
,
integration
Chancellor still confident of sustainable recovery
The Chancellor Alistair Darling has reiterated that Britain will join other leading economies and emerge from recession within the next few months. In an article in the Guardian, Mr Darling wrote: “I am determined the recovery will be sustainable...
Published
08-31-2009 9:38 AM
by
Finance Markets: Finance News | UK Personal Financial News & Daily Finance Market News
Filed under:
All Financial News
,
Economy News
,
recession
,
survey
,
Alistair Darling
,
GDP
,
growth
,
recovery
,
Chancellor
,
emerge
,
sustainable
Arrangement fees dive on fixed and tracker deals
Borrowers seeking fixed and tracker rate mortgages are in for a pleasant surprise because arrangement fees have fallen by around 25% in the past 12 months. Research by moneysupermarket.com has revealed that the average two year fixed-rate deal now comes...
Published
08-29-2009 2:42 PM
by
Finance Markets: Finance News | UK Personal Financial News & Daily Finance Market News
Filed under:
All Financial News
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Mortgage News
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fixed
,
tracker
,
moneysupermarket.com
,
fees
,
down
,
fallen
,
arrangement
Official figures show 1.7% rise in house prices
Official figures show house prices in England and Wales rising by 1.7% in July, compared with June, marking the biggest monthly increase since July 2004. According to Land Registry data all regions recorded a monthly rise in values, nudging the average...
Published
08-29-2009 7:23 AM
by
Finance Markets: Finance News | UK Personal Financial News & Daily Finance Market News
Filed under:
All Financial News
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house prices
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Property News
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increase
,
rise
,
Wales
,
England
,
Land Registry
,
July
Don’t trust loved ones with your PIN, LV= warns
Published
08-28-2009 5:37 PM
by
Finance Markets: Finance News | UK Personal Financial News & Daily Finance Market News
Filed under:
All Financial News
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LV=
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Banking News
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home insurance
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Credit Card News
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share
,
spouse
,
trust
,
relatives
,
pin number
,
loved ones
Leeds launches over-60s winter warmer account
Leeds Building Society has launched a new savings account to help older people pay for their winter heating bill. The Winter Fuel Saver account is available only to customers aged over 60 and pays interest at 5.12% through the winter months. When winter...
Published
08-28-2009 5:34 PM
by
Finance Markets: Finance News | UK Personal Financial News & Daily Finance Market News
Filed under:
All Financial News
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interest rates
,
Pensions News
,
Banking News
,
savings account
,
new
,
Leeds Building Society
,
pensioners
,
energy bills
,
Winter Fuel Saver
Nationwide offers 24-month home insurance discount
Nationwide is offering a 20% discount to new home insurance customers taking out combined building and contents cover. New customers taking out a combined policy at the building society will receive the 20% discount for 24 months. In addition, any new...
Published
08-28-2009 5:31 PM
by
Finance Markets: Finance News | UK Personal Financial News & Daily Finance Market News
Filed under:
All Financial News
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UK
,
Insurance News
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home insurance
,
special offer
,
Nationwide
,
discount
,
contents
,
24-month
,
building
The Difficulty of Measuring the Gains To Fundamental Research
Here's a paper by Bradford Cornell that I've had in my in box for a while. It's titled "Investment Research: How Much Is Enough?" Here's the abstract Aside from the decision to enter the equity market, the most fundamental question...
Published
08-28-2009 12:59 PM
by
Financial Rounds
Filed under:
Investments
,
Academic Research
Many Investor Types: Momentum Trader, Day Trader, Short Seller, Stock Picker, Buy and Hold, Contrarian and my favourite… the lazy investor
If you read my blog, chances are that you like talking about investments. Most of us have an investment portfolio but we rarely manage them the same way. Active investors have different perceptions of the very same news and will trade accordingly. So...
Published
08-28-2009 11:55 AM
by
The Financial Blogger
Filed under:
Investment, Market and Risk
UK economy growth figures revised upwards
The Office for National Statistics (ONS) has today revealed some positive news for the UK economy after GDP contracted by 0.7% in the April to June period - rather than the 0.8% previously reported. The 0.7% fall is also a considerable improvement on...
Published
08-28-2009 10:21 AM
by
Finance Markets: Finance News | UK Personal Financial News & Daily Finance Market News
Filed under:
All Financial News
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Economy News
,
recession
,
house prices
,
figures
,
GDP
,
Office for National Statistics
,
retail sales
,
growth
,
revised
,
second quarter
,
business investment
,
upwards
Japanese unemployment rate hits 5.7%
Japan’s unemployment rate has reached a record high of 5.7% in July, up from 5.4% the previous month. According to Government figures, over one million people have lost their jobs over the last 12 months, taking the unemployment total to 3.59 million...
Published
08-28-2009 9:33 AM
by
Finance Markets: Finance News | UK Personal Financial News & Daily Finance Market News
Filed under:
All Financial News
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Economy News
,
recession
,
Japan
,
unemployment
,
exports
,
deflation
,
consumer prices
,
threat
Network Rail proposes 1,800 UK job cuts
Network Rail, which owns Britain’s railway infrastructure, is embarking on a cost-cutting programme, which will see the loss of 1,800 positions. The rail operator said it hopes to avoid any compulsory redundancies and said the jobs will be eliminated...
Published
08-28-2009 9:15 AM
by
Finance Markets: Finance News | UK Personal Financial News & Daily Finance Market News
Filed under:
All Financial News
,
cost-cutting
,
Company News
,
job losses
,
union
,
restructuring
,
Network Rail
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