Branson’s views on bailouts
March 5, 2009
Sir Richard Branson, the boss of the Virgin Group, has recently expressed his opinions over government bailouts in the UK. Branson stated that whilst he thinks that the government is right in bailing out banks with cash injections, he does not think that these bailouts should extend to other industries.
Branson added that the government needed [...]
Consumers give tips on saving some money
March 5, 2009
As we have all started to realise it is vital to try and cut back on personal spending when the country is in the midst of a recession, especially in light of the fact that many people face real uncertainty with regards to their job security. Trying to conserve cash whilst in the middle of [...]
Cash in on need for cheap accommodation
March 4, 2009
If you’ve got a spare bedroom or sofabed in the lounge you can list it on Crashpadder.com and name your price per night.
When someone wants to book you get a chance to check out their profile, feedback, picture, reason for the stay etc. If you accept them they pay through the site, and the site [...]
Are credit unions an effective option for savers and borrowers?
March 4, 2009
For many consumers both saving and borrowing has become increasingly difficult over the past couple of years. Although interest rates have plummeted over recent months many lenders have not reduced their borrowing costs in line with the base interest rate drop, and for those that have damaged credit the chances of getting an affordable loan [...]
Better news for consumers with regards to mortgages
March 4, 2009
Some consumers have recently had good news with regarding to mortgage affordability, after a number of lenders decided to reduce interest rates in line with the base interest rate, which has now dropped to its lowest level in the history of the Bank of England, at just 1 percent. For some consumers this has resulted [...]
Banks lose appeal over bank charges
March 4, 2009
Following an appeal that was filed last year with regards to the bank charges High Court battle, banks have learned this week that they have lost their case, and that the Office of Fair Trading will be given the go ahead to assess banks’ terms and conditions for fairness, which includes assessing the fairness of [...]
