January 2012 Archive

Consumer confidence rises as borrowing falls by record sum

There was a slight rise in consumer confidence this month, while personal debt levels fell by the largest figure ever seen, new statistics have shown.

Personal loans: Six of the best

Rates for personal loans are at their lowest since 2007

2012 has begun with fierce competition in the personal loans market with rates now at their lowest since 2007. Our feature selects six of the best deals currently available.

IMF downgrades UK economic growth forecast for 2012

The International Monetary Fund has said it does not expect economic growth to be as strong as previously expected this year.

Government borrowing breaches £1trillion for first time ever

Public sector borrowing in the UK has breached £1trillion for the first time ever

Government borrowing has passed £1trillion for the first time ever despite a fall in public sector net borrowing of £2.2 billion in December 2011 compared to December 2010.

UK retailers see big jump in profit warnings at end of 2011

The number of UK companies issuing profit warnings is rising, according to a new report from Ernst & Young

A new report by accountants Ernst & Young reveals a 70 per cent jump in profit warnings issued in the final quarter of 2011 and the trend is likely to continue into 2012.

Lending to SME's fell in 4th quarter reports Bank of England

The Bank of England reports that bank business lending fell in the final quarter of 2011

Bank lending to businesses fell in the fourth quarter and lending to individuals was flat amid difficult conditions in the wholesale money markets, according to a new report from the bank of England.

Sainsbury's Finance reveals new personal loan rate

A new personal loan rate has been announced by Sainsbury's Finance for customers who borrow between £7,500 and £14,999.

UK debt: One person declared bankrupt every minute

New figures from Credit Action have shown the extent of the UK's debt problems.

How to survive January's cashflow nightmare

January is traditionally a tough month financially after the expense of Christmas and the New Year. Our guide provides top tips to get through the month and reduce debt.

Double-dip recession 'not inevitable', but study predicts stagnation

While the economy may not grow in the first quarter of 2012, it is not a dead cert for recession.

Sainsbury's Finance offers unbeatable rewards with personal loans

Sainsbury's Finance has launched a range of rewards for its personal loan customers that make its product the best on the market in terms of payback.

M&S Money reduces loan interest to market-leading rate

M&S Money could attract more customers on the lookout for a competitive personal loan deal after announcing it has cut its interest rates.

Tesco launch New Year loans, credit card and insurance offers

Tesco Bank has launched a new range of New Year personal finance offers

Tesco Bank has released details of its 'winter warmers' promotions with a reduction in personal loan rates and free vouchers for new pet and car insurance customers.