21/11/2006  CML urges the government to reform housing industry The Council of Mortgage Lenders has urged the government to increase support for mortgage borrowers who fall into payment difficulties and renew its commitment to sustainable home-ownership. This i...

27/10/2006  PUBLISHER CLOSED DOWN BY CIB A publishing scam was shut down by the High Court, following an investigation by the Companies Investigation Branch (CIB) of the Insolvency Service. Centrepoint Nationwide Limited claimed to be a c...

18/08/2006  Cash flow provider advises on avoiding insolvency An independent cash flow provider is advising business owners and managers to revisit basic principles in the wake of rising company liquidations. Figures released by the Insolvency Service in May ...

18/08/2006  Mortgage lending Gross mortgage lending reached £30.4bn in July, the highest ever figure recorded for that month. The figure was also the second highest figure on record says the Council of Mortgage Lenders. Len...

18/08/2006  Business failure Equifax says figures up to July 2006 show that overall 3.5% more businesses failed from January to July 2006, than in January to July 2005. It also reveals that UK businesses struggle to obtain new...

11/08/2006  Cahoot Cahoot has pulled the plug on its planned launch into the intermediary market following an unsuccessful test with a large IFA. The Banco Santander sub-brand planned to enter the intermediary market...

10/08/2006  Halifax increases SVR Halifax has revealed it will be increasing its standard variable rate from 6.50% to 6.75%, following the interest rate rise. The increase for existing borrowers will come into effect at the same ti...

10/08/2006  Bank of England may further increase interest rates The Bank of England has suggested that it may have to rise interest rates further in coming months in order to keep inflation on target at 2%. In its quarterly inflation report, the Bank warns that...

07/08/2006  Bad debts rise for UK banks Bad debts at the UK banks have dogged otherwise strong performances in their half-year results announced this week. HSBC announced bad debt charges for the UK retail banking business up 36% for the...

04/08/2006  OFT gets tough on consumer credit licences A further 17 consumer credit licence applications were refused and three existing licences were revoked following 485 licensing actions by the Office of Fair Trading for the first half of this year. ...

17/07/2006  Growth of commercial property drops but London performs strongly The growth of the London commercial property market reached a 26 month high in May but activity in the sector as a whole has decreased, research from the international property company from Savills ha...

12/07/2006  UK unemployment levels rise by 0.3% There were 1.65 million people classed as unemployed in the three months to May, an increase of 90,000 on the previous quarter, according to data released today by the Office of National Statistics. ...

11/07/2006  Barclays Business Banking division Barclays Bank is to axe hundreds of finance jobs in its asset and sales finance division. The bank said it will close offices in Birmingham and Hastings with effect from December 2006 and spring 20...

11/07/2006  small businesses lose key financial data Research from KashFlow, a small business bookkeeping software company, has revealed that one in three small businesses fail to adequately back up their information and this results in them losing ke...

11/07/2006  ASDA launches home-buying and selling service ASDA has today launched a scheme which allows consumers to put their homes on the market at their local ASDA store. The scheme is exclusive to the North East and customers are being given £1,000 t...

10/07/2006  UK manufacturers are making the most of a strong global economy UK companies are increasing output in the second quarter more than at any time in the last ten years, according to a leading industry barometer published today. The second quarter 2006 engineering ...

22/06/2006  FTBs account for 40% of transactions Nationwide research reveals first-time buyers account for almost 40% of house purchase transactions. However, only about 20% of homeowners are in the 20-24 age group, compared to around 30% 10 year...

22/06/2006  Brits fail to realise retirement dreams One in two Britons plan to travel the world when they finish working, but research out from engage Mutual Assurance shows few pensioners ever fulfil their retirement aspirations. With the governmen...

22/06/2006  Wealth checks reveal affluent are underinsured by millions Millions of UK homeowners could be under-valuing possessions by tens of thousands of pounds, figures out from Norwich Union have revealed. NU carried out a series of 'wealth checks' on their high n...

22/06/2006  FSA sets out GI review The Financial Services Authority has today set out further details of its post-implementation review into the effectiveness of its general insurance conduct of business regime. The review is being...