Posted 17 hours ago

The Government-led crackdown on credit card companies is expected to save consumers around 300 million a year.The crackdown comes after the Government warned credit and store card firms to clean

Posted 17 hours ago

Moody s Investors Services has today announced the credit ratings of the world s four largest AAA-rated nations are viewed as safe.According to Moody s, the world s four largest AAA-rated sove

Posted 18 hours ago

Bank of England policymaker, Kate Barker, said the UK is unlikely to return to recession.In an interview over the weekend, Ms Barker, who is a former housing adviser to the Government, said it is poss

Tags: economy

Posted 19 hours ago

Young people are risking their financial future by opening multiple current accouts to maximise their access to overdraft facilities, according to a new report.Research by YouGov, on behalf of Callcre

Posted 20 hours ago

Figures published by the Civil Aviation Authority (CAA) have revealed a severe decline in passenger numbers across UK airports in 2009.According to the CAA, the UK s airports handled 7.4% fewer pass

Posted 20 hours ago

Wen Jiabao, China s Premier, has denied his Government is keeping the yuan undervalued after lawmakers and economists said it is hampering a global recovery.Mr Wen argued keeping the yuan stable was

Posted 1 day ago

Industrial production in the euro zone exceeded expectations in January, posting growth of 1.7%, which represented the biggest monthly increase since records began in January 1990.The increase boosted

Tags: economy euro

Posted 1 day ago

US retail sales grew unexpectedly in February by 0.3% after economists had predicted a fall of 0.2% due to bad weather, which gripped most of the country during part of the month.According to the Comm

Tags: momentum

Posted 2 days ago

Lloyds Banking Group is inviting its standard variable rate (SRV) mortgage customers to increase their monthly repayments.Under a new scheme that will run for a year, borrowers can overpay by up to 20

Posted 3 days ago

Most European equities markets were higher Friday, although the CAC-40 was 0.04 percent lower to 3,927.4 in Paris.The FTSE 100 added 0.15 percent to 5,625.65 in London, while the FTSE 250 gained 0.88

Tags: markets