News Archive - Articles Published during March 2009

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Harman Steps In On Sir Fred Pension Controversy
Harman Steps In On Sir Fred Pension Controversy02 Mar 2009  |  by Peter Wakeford
The 'court of public opinion' is against the ex-RBS chief, the deputy Labour leader said.

Bank 'Likely to Start Printing Money'
Bank of England 'Likely to Start Printing Money'02 Mar 2009  |  by Peter Wakeford
Quantitative easing could begin very soon as the authorities try to stimulate the slowing economy.

BT to Receive Fibre Green Light
BT to Receive Green Light for Fibre Optic Broadband02 Mar 2009  |  by Jayne Davison
The telecommunications watchdog is set to give the go-ahead to BT's £1.5 billion fibre-optic project this week.

Brown Calls for 'Rebuilding' of Financial System
Brown Calls for 'Rebuilding' of Financial System02 Mar 2009  |  by Michael Ross
The prime minister signalled his support for radical change in the way banks are regulated.

Pet Insurance Plea on Pedigree Pooches
Pet Insurance Plea on Pedigree Pooches02 Mar 2009  |  by Mark Harris
Sainsbury's Bank has warned people interested in getting a pedigree dog to make sure they have adequate pet insurance.

January Sees 31,000 Mortgage Approvals
January Sees 31,000 Mortgage Approvals02 Mar 2009  |  by Peter Wakeford
The Bank of England's latest figures have shown that the number of mortgage approvals in January reached 31,000.

Lower Base Rate 'Will Hurt Mortgage Market'
Lower Base Rate 'Will Hurt Mortgage Market'02 Mar 2009  |  by Peter Wakeford
The mortgage market will be hurt - not helped - if the Bank of England lowers its base rate any further, according to the Building Societies Association.

Bill Cuts Unveiled by ScottishPower
Bill Cuts Unveiled by ScottishPower02 Mar 2009  |  by Jayne Davison
Movements on the wholesale markets have resulted in the reductions, according to the firm.

AIG Reports Record Loss
AIG Reports Record Loss of $61.7 bn02 Mar 2009  |  by Mark Harris
The giant insurance company AIG has revealed it lost $61.7 billion (£43 billion) in the last three months of last year, a record for an American corporation.

HSBC Launches Rights Issue as Profits Drop
HSBC Launches Rights Issue as Profits Drop02 Mar 2009  |  by Michael Ross
Europe's biggest bank is suffering in the credit crunch, year-end 2008 figures have revealed.

Corporate Bonds 'Popular Among Investors'
Corporate Bonds 'Popular Among Investors'02 Mar 2009  |  by Peter Wakeford
Bond funds accounted for almost one in four stocks and share Isa sales in January.

Investors Lured to the Movies By Record Breaking Ticket Sales
Investors Lured to the Movies By Record Breaking Ticket Sales 02 Mar 2009  |  by Charlotte Cardingham
With cinemas recording record breaking returns, Hollywood is eagerly anticipating the launch of the first movie-futures market.

Markets Suffer Further Sharp Falls
Markets Suffer Further Sharp Falls03 Mar 2009  |  by Peter Wakeford
Fears over the health of the financial system are mounting among investors, sending stock markets plunging around the world yesterday.

Debt Levels 'Rising More Slowly Than Before'
Debt Levels 'Rising More Slowly Than Before'03 Mar 2009  |  by Michael Ross
Penny-pinching Brits are reining back their borrowing, reducing the rate of national personal debt growth.

Budget Holidays 'Shouldn't Cut Back on Travel Insurance'
Budget Holidays 'Shouldn't Cut Back on Travel Insurance'03 Mar 2009  |  by Mark Harris
Many Brits are looking for a cheap holiday this year, according to new research - but one thing that shouldn't be cut back on is travel insurance.

Car Insurance Concern as Equalities Bill Draws Near
Car Insurance Concern as Equalities Bill Draws Near03 Mar 2009  |  by Mark Harris
An insurers' group has issued a warning over the new legislation - claiming that across-the-board premiums increases could result from it.

Northern Rock Sees £1.4bn Loss and Jump in Repossessions
Northern Rock Sees £1.4bn Loss and Jump in Repossessions03 Mar 2009  |  by Peter Wakeford
Government-owned bank Northern Rock recorded a loss of £1.4 billion last year and saw repossessions rise by 63 percent.

Government Urged to Rethink Beer Tax Increase
Government Urged to Rethink Beer Tax Increase03 Mar 2009  |  by Michael Ross
Figures from the pub industry have called on the government to halt its planned rise on beer duty.

Investors 'Shouldn't Worry' About HSBC Cash Call
Investors 'Shouldn't Worry' About HSBC Cash Call03 Mar 2009  |  by Peter Wakeford
The bank remains in a strong position, meaning that shareholders should participate in the new sale - according to one adviser.

Credit Card Firms Cancel No-fee Foreign Transactions
Credit Card Firms Cancel No-fee Foreign Transactions03 Mar 2009  |  by Peter Wakeford
Two major credit card providers have announced that they are to begin charging on transactions made abroad.

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