Home & Money News
14/01/2008 by
Energy regulator Ofgem has said that it has no plans to act to curb rising energy bills, even though the average household may soon be paying 75% more for its energy than five years ago.
Ofgem says that it has no concerns about...
14/01/2008 by
A High Court test case between banks and the Office of Fair Trading (OFT) is set to begin this week.
The case is an attempt to settle the overdraft charges dispute between banks and consumers, which last year resulted in thousands...
11/01/2008 by
People using money transfer services to send funds abroad will gain new safeguards, under a scheme revealed by the government.
International Development Minister Shahid Malik announced the customer charter, which commits firms to...
10/01/2008 by
The Bank of England has decided to keep interest rates on hold today, leaving the Bank rate at 5.5%.
The news will be come as a disappointment to many borrowers, after widespread speculation that the Bank was on the verge of...
09/01/2008 by
Borrowers are being advised to look carefully at the rate of interest on their loans, as new research highlights cases where borrowing slightly larger amounts with the same lender could actually cost less.
The study by financial...
08/01/2008 by
House price growth rallied in December, according to the latest survey from Halifax.
The building society's house price index found that UK house prices lifted by 1.3% in December, contrasting with the three successive falls...
07/01/2008 by
The average income in the UK will surpass that in the United States this year, an economics forecaster predicts.
Oxford Economics (OE) says that the UK gross domestic product (GDP) per person will reach £23,500 this year, compared...
04/01/2008 by
The Financial Services Authority (FSA) is to be given more power to intervene in failing banks, as part of the Treasury's longer-term response to the Northern Rock crisis.
The government regulator is at the centre of a shake-up,...
04/01/2008 by
Four million people could find themselves paying around 15% more for their household energy, after the UK's largest electricity supplier announced it will be putting prices up.
Npower is yet to announce the exact hike in its gas...
03/01/2008 by
A report from the Bank of England has confirmed that lenders have become less willing to lend to homeowners or businesses in recent months.
The Credit Conditions Survey for the final quarter of 2007 predicts that the credit...