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Loans UK news (page 6):

Defaqto-Government-cannot-let-banks-go-bustDefaqto: Government cannot let banks go bust
8th January 2009
The government cannot avoid further financial bailouts if this is the only way to ensure the survival of banks in the UK, it has been claimed.

According to Defaqto, it is likely to be a difficult task to encourage banks to lend to each other once more.

However, the firm believes th...
618 views | 0 comments


Investors-should-be-responsible-to-help-prevent-credit-crunchInvestors 'should be responsible to help prevent credit crunch'
8th January 2009
Investors need to do their jobs properly to ensure the stability of the financial markets rather than acting in their own interests, it has been claimed.

According to Hermes equity Ownership Services, if there was more responsibility among investors the credit crunch in the UK may not have ...
636 views | 0 comments


Nationwide-predicts-05-per-cent-interest-rateNationwide predicts 0.5 per cent interest rate
7th January 2009
Experts have predicted that interest rates could fall as low as 0.5 per cent over the next few months.

Nationwide has claimed that it expected this could happen at some time near March, although it is not certain about the date.

It also said that it did not think the possibility of...
593 views | 0 comments


Brits-warned-about-bank-credit-cutsBrits warned about bank credit cuts
31st December 2008
People going to their banks for a loan or credit have been warned that many are not going to be offering their customers as much credit as on previous occasions.

Fool.co.uk claims that some Brits are likely to get a shock in the new year when the amount of credit made available to them is c...
1237 views | 0 comments


Expert-predicts-recession-will-last-until-2010Expert predicts recession will last until 2010
30th December 2008
An expert has predicted that the recession in the UK could continue until 2010.

Mark Parker, executive chairman Talkbiznow.com, believes that the current economic situation will continue for the next one or two years before it starts to improve.

He also thinks that it could take ev...
1237 views | 0 comments


Brits-become-more-prudent-during-credit-crunchBrits become "more prudent" during credit crunch
24th December 2008
People are being more cautious with their money and spending less because of the financial downturn, it has been claimed.

According to Moneyfacts, there is now less credit available in the market which is having an effect on inflation.

Because of this there is now less money to go ...
621 views | 0 comments


Credit-crunch-not-ruining-Christmas-for-everyoneCredit crunch 'not ruining Christmas for everyone'
24th December 2008
Some people are not going to be feeling the effects of the credit crunch this Christmas, the results of a survey have found.

Research conducted by Fairinvestment.co.uk discovered that despite the financial downturn, money is not going to be an issue for 28 per cent of respondents.

...
573 views | 0 comments


Children-aware-of-Christmas-during-the-crunchChildren aware of Christmas during the crunch
19th December 2008
Worries about travel insurance or mortgage repayments are not only affecting adults, it seems.

New research by LV= has discovered that over two-thirds of children aged between eight and 18 in the UK are aware that there is a credit crunch going on.

Furthermore, they know what its i...
605 views | 0 comments


VAT-rate-cut-not-contributing-to-rise-in-retail-salesVAT rate cut 'not contributing to rise in retail sales'
17th December 2008
A rise in retail sales during October was a result of marketing by companies rather than the VAT rate cut announced by the chancellor, it has been revealed.

Donald MacLeod, head of Sainsbury's credit cards, believes that an increasing number of shop sales and extra discounts in the run up t...
772 views | 0 comments


Savvy-saving-could-help-cut-Christmas-expensesSavvy saving 'could help cut Christmas expenses'
10th December 2008
People who shop around for their insurance to try and save money may find that Christmas is not the big expense some fear, it has been claimed.

Other money-saving techniques such as cycling to work or buying supermarket own-brand products instead of big names may also help to reduce the amo...
574 views | 0 comments


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