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Building Societies get record half year savings
Tuesday, 29 July 2008

Building societies have achieved record figures for savings for the first half of 2008.

Fixed mortgage deals over 10 years double in last 12 months
Tuesday, 29 July 2008

The proportion of fixed-rate mortgages available with terms of 10 years or more has almost doubled over the
past year.

Credit union proposals welcomed
Friday, 25 July 2008

A trade body has welcomed the publication of a consultation document for the reform of credit union legislation.

Anger over overdraft delays
Tuesday, 22 July 2008

Analysts have hit out at a decision to delay a decision on the over the fate of overdraft charges. The Financial Services Authority (FSA) announced significant changes to the bank charges waiver, but said they would which
will remain in place for another six months.

Insolvency plans under fire
Monday, 21 July 2008

The UKs trade association for insolvency practitioners has hit back at claims made by Conservative leader David Cameron that the insolvency system needs a total overhaul. 

Santander buys Alliance & Leicester
Monday, 21 July 2008

Abbey and Alliance & Leicester (A&L) have agreed to a 1.3bn deal, making Santander UKs second biggest mortgage lender. 

Advice given on surviving downturn
Monday, 21 July 2008

As new figures out this month show business failures rising sharply, advice has been launched on how to stave off some of the worst effects of the credit squeeze. 

Archbishop praises credit union rule changes
Friday, 18 July 2008

The archbishop of Canterbury, Dr Rowan Williams, has welcomed an announcement by the Treasury that legislation will be brought forward to assist Credit Unions. 

OFT to end free current accounts?
Friday, 18 July 2008

Analysts believe that pressure from the Office of Fair Trading (OFT) will lead to the end of free current accounts in the UK, after its critical report this week.

CCA unveils information project
Tuesday, 15 July 2008

The Consumer Credit Association (CCA) will work with Experian to support a UK initiative encouraging the use of common information across the home credit industry.

Mortgage lenders make liquidity proposals
Tuesday, 15 July 2008

Mortgage lenders have drawn up a blueprint to address the funding problems in the market. The idea, which has already been submitted to the Crosby review team and to the Treasury, would help the financial system to help itself.

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