24 June 2009 Archive

King: Fiscal policy before crisis unsustainable

Mr King goes to Westminster

Mervyn King today told MPs the government's fiscal policy was not sustainable heading into the recession.

Equity release from pensioner poverty?

Can money troubles be released with equity

With savings and pension funds depleted by the recent economic turmoil, pensioners are looking for other ways to supplement their pension and many are using their house as a way of generating cash.

One in five borrowers to face negative equity

Negative equity could strike one in five

Around ten per cent of UK mortgage borrowers are in negative equity - with the east Midlands most at threat.

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