Home & Money News
14/02/2008 by
The governor of the Bank of England has warned that standards of living are falling in the UK as economic conditions bite.
Commenting on the Bank's latest Inflation Report, governor Mervyn King said: "The higher level of energy...
13/02/2008 by
The government has warned providers of Home Information Packs (HIPs) not to take shortcuts in obtaining legal proof of property ownership.
In an email sent to members of the HIP industry, the department of Communities and Local...
12/02/2008 by
Inflation rose to 2.2% in January, according to figures released today.
The Office for National Statistics (ONS) says that Consumer Price Index (CPI) inflation increased by 0.1% for the 12 months to January, compared to December's...
11/02/2008 by
Consumers should be helped to shop around when choosing a credit card, an Office of Fair Trading (OFT) report says.
Its recommendations include improving the information available to customers, and the setting-up of a credit card...
08/02/2008 by
The majority of councils in England are delivering a high standard of service, an independent public body has found.
The Audit Commission says that 83% of councils achieved a three- or four-star rating in its yearly Comprehensive...
07/02/2008 by
As widely anticipated, the Bank of England has lowered the Bank interest rate to 5.25%.
The 0.25 percentage-point reduction comes after recent figures showed a marked slowdown in mortgage lending and static house prices. The...
06/02/2008 by
A committee of MPs is to examine the energy market in the UK, as criticism of recent price rises grows.
The all-party Business, Enterprise and Regulatory Reform (BERR) committee will investigate possible anti-competitive behaviour...
05/02/2008 by
House prices remained static in January, with the average UK property now costing £197,244, according to figures published today by Halifax.
In its January House Price Index, the bank says that although prices remained unchanged,...
04/02/2008 by
The costs of buying a new home are not transparent and should be made clearer, the Council of Mortgage Lenders (CML) has said.
In an article in its fortnightly newsletter, the CML argues that the increase in discounts and...
04/02/2008 by
Pressure has been mounting on credit card firm Egg to justify its decision to cancel cards for 161,000 of its account holders.
Some 7% of Egg's credit card customers received a letter last week saying that in 35 days' time they...