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Retail Sales - Underlying growth remains steady
Friday, 20 February 2009

Retail sales volume in the three months November to January rose by 1.5 per cent compared with the previous three months.

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Comment on the ONS Retail Sales figures for January 2009
Friday, 20 February 2009

Richard Lowe, Corporate Director, Retail and Wholesale, Barclays Commercial Bank said: "Today’s figures from the Office of National Statistics (ONS) reveal that retail sales volumes were more resilient than widely forecast, continuing the better than expected performance recorded in December.

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Arrears and possessions in 2008 - CML
Friday, 20 February 2009

New statistics were published today by the Council of Mortgage Lenders (CML) on mortgage arrears and possessions. Unsurprisingly, full year figures for 2008 show a sharp rise on 2007, but many steps are being taken to help borrowers facing difficulty.

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“Don’t give up your home”, urges The Debt Advisor
Friday, 20 February 2009

Figures published today by the Council of Mortgage Lenders (CML) show that the number of repossessions in 2008 reached 40,000, or one in 290 mortgages - slightly less than CML had originally expected. 10,400 of these repossessions were in the fourth quarter of 2008, up from 6,900 in the same quarter in 2007.

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Comment on Arrears and Repossession Figures
Friday, 20 February 2009

Martin Swann Client Services Manager for Special Resolution Services commented on the figures for Arrears and Possessions in 2008 announced by the Council of Mortgage Lenders this morning.

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Media Alert for APACS quarterly statistical release Q4 2008
Friday, 20 February 2009

This is the latest statistical release covering the last quarter of 2008 from APACS, the UK Payments Association. As well providing a full picture of payments activity over the last three months of 2008 it also includes total figures for the year. This is the first time that 2008 data has been released.

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Gross lending declined in January
Thursday, 19 February 2009

Gross mortgage lending declined to an estimated £12.4 billion in January, an 8% fall from £13.5 billion in December and a 52% fall from January 2008, according to the Council of Mortgage Lenders. 

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Co-operativesUK joins European partners in young entrepreneur exchange programme
Wednesday, 18 February 2009

Co-operativesUK has today (19 February) teamed up with co-operatives and other business organisations across Europe to launch an exciting pilot project which will enable 800 new entrepreneurs to spend up to six months in another EU country to learn about culture and business there. 

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MPC must show greater determination in easing monetary policy
Wednesday, 18 February 2009

Commenting on the MPC minutes published today by the Bank of England, David Kern, Chief Economist at the British Chambers of Commerce (BCC), said:

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SRC Scottish Retail Sales Monitor January 2009 - corner not yet turned
Wednesday, 18 February 2009

Like-for-like sales in January were 2.0% higher than in January 2008, when they had risen 3.5%. Total sales in January were 4.9% up on a year ago.

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Long-overdue RBS move on bonuses welcome - Cable
Wednesday, 18 February 2009

Commenting on Alistair Darling's announcement that RBS is to cut bonuses to the ‘legal minimum', Liberal Democrat Shadow Chancellor, Vince Cable said: "After weeks of political and public pressure, it is welcome if long-overdue news that RBS has at last come out with what seems to be an acceptable pay agreement.

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