News Archive - Articles Published during March 2009

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Barclays Shares Bounce After Bank 'Passes Stress Test'
Barclays Shares Bounce After Bank 'Passes Stress Test'27 Mar 2009  |  by Peter Wakeford
The firm could now avoid both a new sale of extra stock and entrance into the government's toxic assets insurance scheme.

Alistair Darling Plans 'Mini-Stimulus' For Budget
Alistair Darling Plans 'Mini-Stimulus' For Budget30 Mar 2009  |  by Michael Ross
Tax breaks for the poor are among the measures reportedly under consideration at the Treasury.

Dunfermline Building Society 'Taken Over by Nationwide'
Dunfermline Building Society 'Taken Over by Nationwide'30 Mar 2009  |  by Peter Wakeford
The deal, announced today, sees Nationwide taking on the Dunfermline's savings business.

Government 'Will Recommend Water Metering'
Government 'Will Recommend Water Metering'30 Mar 2009  |  by Jayne Davison
Utilities costs could be cut over the long term by the metering, which encourages householders to waste less water.

Owner-Occupier Mortgages From Landlords 'Irresponsible'
Owner-Occupier Mortgages From Landlords 'Irresponsible'30 Mar 2009  |  by Peter Wakeford
Buy-to-let landlords who take out owner-occupier mortgages are theoretically committing fraud and placing their tenants at a disadvantage.

A Third of Tenants In Arrears
A Third of Tenants In Arrears30 Mar 2009  |  by Peter Wakeford
A third of tenants have missed rent payments, which the National Landlords Association (NLA) suggests is partly responsible for the recent rise in repossessions.

Withdrawal of Lenders 'Has Led to Gap in Mortgage Market'
Withdrawal of Lenders 'Has Led to Gap in Mortgage Market'30 Mar 2009  |  by Peter Wakeford
Current mortgage supply does not meet demand due to the recent withdrawal of foreign lenders and specialist providers, the Council of Mortgage Lenders has said.

Business Insurance Claims Rise
Business Insurance Claims Rise30 Mar 2009  |  by Mark Harris
The number of small businesses making claims against criminal damage and arson has risen.

Corporate Bond Funds 'To Benefit' From Quantitative Easing
Corporate Bond Funds 'To Benefit' From Quantitative Easing30 Mar 2009  |  by Peter Wakeford
Bondholders seem set to reap the reward of the improved lendings flows caused by the scheme - as well as the presence of the Bank as a major buyer in the market.

Most People 'Saving Less Than is Needed'
Most People 'Saving Less Than is Needed'30 Mar 2009  |  by Peter Wakeford
NS&I's upbeat new report showing increased savings inflows has been countered by figures from Nationwide.

'More Savvy' Teens Scale Down Financial Expectations
'More Savvy' Teens Scale Down Financial Expectations31 Mar 2009  |  by Michael Ross
NatWest said that today's teens expect to earn less when they are a adults - and are taking tighter control of their own finances.

City Workers Warned of Protestors by Police
City Workers Warned of Protestors by Police31 Mar 2009  |  by Peter Wakeford
The G20 summit this week is likely to provoke mass demonstrations in the City - and bankers have been warned that they will be targeted.

Travel Insurance Reminder For The Over 50s
Travel Insurance Reminder For The Over 50s31 Mar 2009  |  by Mark Harris
Cutting costs by sacrificing travel insurance is a 'false economy' for the over 50s, according to new advice from RIAS.

Money 'Becomes More Important' to Consumers
Money 'Becomes More Important' to Consumers31 Mar 2009  |  by Michael Ross
Big 'paper losses', suffered in the credit crunch, could have led to a profound shift among consumers about how they see money matters.

Countryside Hit By Recessionary Crime
Countryside Hit By Recessionary Crime31 Mar 2009  |  by Mark Harris
Rural homes are experiencing an increase in theft as the recession takes hold, specialist home insurance provider NFU Mutual has said.

Seek Advice To Gain Best Fixed Rates, Broker Says
Seek Advice To Gain Best Fixed Rates, Broker Says31 Mar 2009  |  by Peter Wakeford
The advertised price of some fixed-rate mortgages may not be available to all borrowers, one expert has said, suggesting that potential property owners seek professional advice.

Barclays Stays Independent as Government Insurance is Rejected
Barclays Stays Independent as Government Insurance is Rejected31 Mar 2009  |  by Michael Ross
The bank has thus far resisted government bailouts, unlike some of its rivals.

Take Advantage of Low Rates and Overpay, Borrowers Told
Take Advantage of Low Rates and Overpay, Borrowers Told31 Mar 2009  |  by Peter Wakeford
Homeowners should take advantage of the low base rate and overpay on mortgages, according to new advice.

Nightmare Neighbours 'Can Damage Property Values'
Nightmare Neighbours 'Can Damage Property Values'31 Mar 2009  |  by Mark Harris
Home insurance provider Liverpool Victoria has advised buyers to check the state of a neighbourhood before buying a new home as one untidy house can have a negative impact on property prices.

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