ONS: Little Movement on House Prices
The latest House Price Index from the Office for National Statistics shows that UK house prices in March were down 0.4% on the same period in 2011.
UK Inflation Levels Fall by 0.5%
The latest statistics from ONS have revealed that CPI annual inflation for April stands at 3%, down from the March figure of 3.5%.
Debt Solution Company Directors Sentenced to Jail Time
Two company directors in Manchester have been sentenced to 21 months’ imprisonment each by Chester Crown Court for fraudulent trading at their debt solution company, Churchwood Corporate Services Limited.
UK Commercial Property Debt Continues to Drop
A recent UK property lending survey has revealed that the amount of debt held against UK commercial property has continued to drop over the last year from £228.1bn to £212.3bn, a drop of 6.8%.
Housing Affordability Reaches Record Highs
Housing affordability conditions for all buyers reached a milestone in the first quarter, according to data released by the National Association of Realtors on May 15, 2012.
Eurozone avoids recession
By the skin of its teeth, the Eurozone has avoided recession reporting marginal combined growth of 0.1% for Q1 2012, report cebr.
UK Companies Continuing to Show Optimism
Despite the UK Economy entering a double-dip recession optimism amongst UK companies remains high according to two new surveys.
Average UK Household Spending £10416 Per year on Rent
New figures from FindaProperty.com have revealed that UK households are spending an average of 28% of their take-home income on rent, rising to 71% in London.
Britons Confidence in Housing Market Rising
Britons are becoming increasingly confident in the outlook for the housing market, according to the latest Halifax Housing Market Confidence tracker.
UK Economy Has Re-Entered Recession
The UK economy has re-entered recession after shrinking by 0.2% in the first quarter of 2012.
ONS: UK Unemployment Rates Drop
New figures released by the Office for National Statistics has revealed that UK unemployment rates have fallen for the first time since last spring.
Financial Problems Start at £14,416
The latest financial safety net report from Bright Grey has revealed that Britons only consider themselves to have a serious financial problem when they reach a debt level of £14,416.
Growth in UK Services Sector
A new survey has suggested that the UK’s services sector grew during March with an increase in the amount of jobs created.
15m Brits Taking a Risk With No Protection Cover
Three in ten of UK adults are uninsured against events such as death, critical illness and redundancy, report Unbiased.co.uk.
FSA Publishes Review Into Investment Bank Corruption
The Financial Services Authority today publishes the findings of its thematic review into anti-bribery and corruption systems and controls in investment banks.
Retirees Sitting on £96.41bn of Personal Debts
New research from retirement income specialist MGM Advantage reveals that the average retired person has £8,180 of personal debt, collectively equating to a staggering £96.41bn.
Councils encouraged to utilise Debt Collection Agencies
Local councils are being urged to utilise private debt collection agencies due to high volumes of debt being written off.
FSA Bans and Fines Mortgage Adviser £95,200
The Financial Services Authority has banned and fined Londonderry-based mortgage adviser Gareth Flanagan £95,200 for personal mortgage fraud and regulatory failings.
Energy Firms Turning to Debt Collection Agencies
Energy firms are switching to debt collection agencies as a means of of pursuing customers who switch to another company so as to avoid paying their bills.
Unfair Commercial Practices Directive Changes Could Put Consumers at Risk
The Financial Services Consumer Panel has written to the FSA to raise concerns over the possible abolition of the current opt out for financial services...
