Finance news

Prime minister Gordon Brown said today banks have the responsibility of passing on Bank of England (BoE) rate cuts to the wider public.
‘Society and banks have a duty to take that (the BoE’s quarter point rate cut to 5.50 pct last month) into account,’ he told reporters.
For his part, Chancellor of the Exchequer Alistair Darling […]

Filed under: News, banks, finance, mortgage, uk by Finance Boss
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The full effects of the credit crunch are now starting to be felt – and a result personal loans and mortgages are starting to be more difficult to secure.
This week two lenders, Hanley Economic Building Society and Eskimo Loans, withdrew their personal loans – meaning one in ten lenders have left the market after […]

Filed under: Loans, News, mortgage, uk by Finance Boss
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