Over the course of the past few months there has been a great deal of media attention on the state of the economy in the UK and as we get nearer to the New Year, many people are starting to look to the future and consider what we might expect to see happen throughout 2009, [...]
Looking back over 2008, it has been a difficult year for anyone connected with the finance industry, whether it has been as an adviser or broker, a bank or building society, or a personal loan company, the credit crunch and slow down in the UK economy has had a huge impact on the industry as [...]
Throughout the course of this year, those individuals who take an interest in such things, will have noticed how much new deals seem to have simply dried up from banks and building societies who offer homeowner loans and mortgages.
The worsening economy and liquidity problems for the banks has meant that lending has been severely restricted [...]
There has been an awful lot of speculation over the course of the last few months with regard to what is likely to happen with interest rates in the foreseeable future, with the general consensus of opinion being that they are likely to continue to fall.
We have already seen significant reductions in the monthly cost [...]
Over the course of this year, we have reported frequently on the reduction in the amount of new secured loans being offered to consumers, as the credit crunch has got worse and the economy has slowed and now entered recession, so has the level of new lending dropped accordingly, as banks, building societies and other [...]
We are now starting to get used to seeing the Bank of England cut interest rates on a regular monthly basis in order to try and help combat the effects of the economic down turn and this month was no exception, with the Bank’s Monetary Policy Committee (MPC) voting unanimously to cut the base rate [...]
As more and more people in the UK, across all age groups are starting to use the internet on a regular basis, there has been a dramatic increase in the number of individuals using price comparison web sites to ensure that they are getting the best deal on their purchases, whether they are looking or [...]
