December 2009 Archive
Fears for economy as VAT returns to 17.5%
Some retailers have announced price freezes when the VAT rate returns to 17.5 per cent on New Year's Day. |
Unemployment to hit 2.8 million in 2010
The number of unemployed in the UK will peak at 2.8 million in 2010 but the year will be better for job prospects than 2009. |
UK shoppers to spend £1.37b in Christmas Eve spree
Last minute Christmas shoppers will spend £1.37 billion in UK shops today as retailers lure in customers with big price cuts. |
Loan demand down as people clear debt
Paying off debts and filling up savings pots are continuing to be the priority for banking customers as the year draws to a close. |
Credit search system to be probed
MPs have called for an investigation into the credit market to decide whether people are being unfairly penalised for shopping around for loans. |
Christmas shoppers spend less this year
People are spending less this Christmas than they did last year, according to the latest credit card data. |
OFT drops bank charges investigation
The Office of Fair Trading (OFT) has dropped its investigation into unauthorised bank charges, it has announced today. |
Public sector borrowing rockets to record high
Public sector borrowing reached a record high in November but the figure was lower than expectations. |
Retailers suffer November sales slump
Retail sales plunged by 0.3 per cent in November despite predictions of a rise of 0.5 per cent in the run up to the festive season. |
Nationwide podcast combats card fraud
Nationwide Building Society has created a podcast to help prevent credit and debit card users from falling into fraudsters' traps this Christmas. |
Barclaycard speeds up coffee purchases
Barclaycard customers no longer have to rummage around for loose change to pay for their coffee thanks to the latest development to the credit card. |
Santander credit card: Foreign exchange savings
Santander is promoting its Zero credit card to skiers as a method of saving money on foreign exchange fees during their winter break. |
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