
All articles
News Archive - January 2009
Capital One set for massive card rate rises
by Josh Hall | 29 Jan 2009
Capital One, the credit card company, has sent letters to its customers stating that it will be increasing its standard interest rate by as much as 14 per cent.
New boost for 'Digital Britain'
by Josh Hall | 29 Jan 2009
Good news for the digital and communications industries today, as the government announced plans for a massive "digital push".
Britain 'will be hit hardest by recession'
by Josh Hall | 29 Jan 2009
A devastating report by the International Monetary Fund, amongst the world"s pre-eminent financial institutions, yesterday stated that the recession will hit Britain hardest of all developed economies.
Competition Commission deals blow to PPI
by Josh Hall | 29 Jan 2009
The Competition Commission today announced that banks will no longer be able to sell Payment Protection Insurance (PPI) when they grant a loan.
Fed meeting pushes dollar down, sterling up
by Josh Hall | 28 Jan 2009
Sterling saw a third consecutive day of strengthening today, as the dollar was driven down by concerns over US handling of the credit crisis.
New £50bn injection from Treasury and Bank
by Josh Hall | 28 Jan 2009
A new Asset Purchase Facility will see the Treasury and Bank of England inject £50bn directly into the economy this week.
CBI offers gloomiest retail outlook ever
by Josh Hall | 28 Jan 2009
The Confederation of British Industry (CBI) today offered the most pessimistic retail forecast in its history, predicting that February sales would hit -55 on its index.
FSB reports record rise in calls to legal helpling
by Josh Hall | 26 Jan 2009
The Federation of Small Businesses (FSB) has reported a massive rise in calls to its legal advice line, with many more small business owners seeking advice on redundancies.
Liverpool, Belfast and Hull most at risk from recession
by Josh Hall | 26 Jan 2009
Liverpool, the current European capital of culture, has been placed on "red alert" alongside Belfast and Hull, as a think-tank proclaimed them to be the most vulnerable to the effects of recession.
House prices still falling, but mortgage approvals are up
by Josh Hall | 26 Jan 2009
Property prices have fallen for the sixteenth consecutive month, with 1 per cent being skimmed off the value of homes in January.



