26 March 2008 Archive
Pensioners four times more in debt than a decade ago
Borrowers approaching retirement are four times more in debt than ten years ago, according to a report. |
Watchdog admits Northern Rock supervision failings
The UK financial watchdog has admitted it failed Northern Rock during last summer's global financial instability. |
Bank of England governor: Further interest rate cut possible
The governor of the Bank of England, Mervyn King, hinted at a further cut in interest rates by the Monetary Policy Committee when it next meets on April 10th. |
Credit crunch bites with 2,000 mortgages dropped
Over 2,000 mortgage products were dropped by lenders in the last month as the credit crunch is making banks and building societies cautious over how much and to whom they lend. |
Long-term mortgages: More deals but higher rates
More lenders are offering long-term mortgage deals over ten years, but the rates are rising on the deals available, according to new analysis. |
Month Archives 2008
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