Financial News Updates


Decline in Deficit Expected with Higher Tax

30th Apr, 10
National Institute of Economic and Social Research is expecting a cut in borrowings with the rise of tax by next decade...........
More...


Committee to Revise Payday Loans Bill

9th Apr, 10
According to the recent reports coming out of the big financial bodies, the matter of limiting fees over the instant payday loans is going to revised by the committee for an accurate decision over the topic...........
More...


Banks Ready Enter Payday Loans Business

10th March, 10
With the urge of availing short term loans enhancing among individuals, many banks are ready to add payday loans in their business profile...........
More...


Experts predicting UK economy on edge

3rd Feb, 2010
With the arrival of new year, experts are lining up with their analysis report, pointing out the volatility in growth...........
More...


Substantial bonus rise for Goldman Sachs bankers

19th Jan, 2010
Despite heavy political pressure from many quarters, analysts predict massive payouts to Goldman Sachs bankers..........
More...


Eminent banking institutions cut rate in excess to that of the Bank of England

24th Nov, 2008
Following the footsteps of the Bank of England, prominent banking entities of UK too have cut down on their savings accounts by a margin of more than 1.5 percent..........
More...


Policy framers anticipate situation to get more positive

25th Sep, 2008
David Blanchflower, Bank of England's leading policy framer has said that the current liquidity crisis has severely dented the economy's foundation.........
More...


Pension buyout insurers are facing new challenge with explosive growth in demand for their products

4th Aug, 2008
The pensions buyout market has an overall estimated current capacity of around 15 billion pounds........
More...


Sharp downturn in the British housing market

24th July, 2008
In the month of June, property transactions went flat to hit a new low. In the wake of housing market down-slide, the housing transactions almost went down by 50 percent........
More...


Monetary Policy Committee split over interest rates

8th July, 2008
As per several observers, the nine-member committee is heading for a split with votes casted for a cut, a rise and no change.......
More...