Home & Money News
Posted on 14 January 2008
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...
Category: Personal finance, Regulation
Posted on 14 January 2008
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...
Category: Personal finance, Regulation
Posted on 11 January 2008
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...
Category: Personal finance, Regulation
Posted on 10 January 2008
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...
Category: Mortgages, Personal finance
Posted on 9 January 2008
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...
Category: Personal finance
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