Moneynet.co.uk financial news feed

Cameron promises tax breaks for savers

Tue, 06 Jan 2009 14:37:00 GMT

David Cameron has promised he would introduce tax breaks for savers should the Tory party come to power.

Nationwide: House prices fall 2.5%

Tue, 06 Jan 2009 11:22:19 GMT

Nationwide has calculated UK house prices fell by a further 2.5 per cent last month.

Personal debt up £1m every 10 minutes

Mon, 05 Jan 2009 16:07:29 GMT

Personal debt has increased by £1 million every ten minutes in 2008, it has been revealed.

Govt could help savers

Mon, 05 Jan 2009 13:26:01 GMT

Gordon Brown has said the government could offer savers help if they faced low interest rates.

IMF says UK's recovery plans are 'optimistic'

Mon, 05 Jan 2009 11:28:07 GMT

The International Monetary Fund (IMF) has cast doubt on predictions the UK will come out of recession in 2009, it has been reported.

Interest rates could reach historic low

Mon, 05 Jan 2009 11:27:23 GMT

The Bank of England's Monetary Policy Committee (MPC) is again ready to cut interest rates, to a low not seen for more than 300 years.

Lenders will make it harder to borrow

Fri, 02 Jan 2009 14:54:50 GMT

Lenders intend to make it harder to borrow cash, the Bank of England has said.

Mortgage lending up in November

Fri, 02 Jan 2009 13:10:02 GMT

Mortgage lending improved in November, according to figures from the Building Societies Association (BSA).

Halifax: house prices take 16% annual fall

Fri, 02 Jan 2009 13:07:45 GMT

According to the Halifax, the average UK house is 16.2 per cent cheaper than it was 12 months ago.

Nationwide defies government and introduces interest 'floor'

Fri, 02 Jan 2009 10:54:41 GMT

Nationwide has defied the government's plans to lower borrowing costs by introducing a 'floor' on its tracker products, below which rates will not fall.

Half of Brits will vow to save more

Wed, 31 Dec 2008 13:03:42 GMT

Almost half of Brits will vow to save more in the coming year, a study has found.

Property 'significantly' more affordable for new buyers

Wed, 31 Dec 2008 13:02:57 GMT

House price falls have helped make property significantly more affordable for first-time buyers (FTB), the Halifax has reported.

Revellers plan budget celebrations

Tue, 30 Dec 2008 11:53:29 GMT

New Year revellers are planning to stay local and enjoy budget celebrations.

Singles worried about cost of living alone

Tue, 30 Dec 2008 11:23:09 GMT

More than a third of people outside of a relationship are worried that it costs them more to live, research has revealed.

Market conditions to give first-time buyers 'more bang for their buck'

Mon, 29 Dec 2008 10:08:45 GMT

As the UK housing market continues to decline, prospective first-time buyers are likely to get 'more bang for their buck' once they are able to make a move onto the property ladder.

UK consumers embracing credit cards, experts reveal

Mon, 29 Dec 2008 10:07:30 GMT

British consumers are slowly shifting away from debit cards and towards credit cards, it has been reported.

Motorists 'are keen to go green'

Wed, 24 Dec 2008 10:57:37 GMT

British motorists are increasingly taking notice of cars' green credentials when it comes to making a purchase, according to new research.

Many holidaymakers 'avoid travel insurance'

Wed, 24 Dec 2008 10:57:06 GMT

While many will be escaping Britain over the festive period one in three people fail to take out travel insurance before they venture abroad, a new study has found.

Plan for health insurance in 2009

Tue, 23 Dec 2008 12:49:11 GMT

A healthplan provider has urged people not to forget their health in the New Year even if times are tough.

Pets suffer with less presents because of credit crunch

Tue, 23 Dec 2008 12:48:44 GMT

One of the first groups to feel the pinch of the credit crunch this Christmas is likely to be pets, Saga has said.

Halifax offers online insurance webchat

Tue, 23 Dec 2008 12:48:20 GMT

People looking to buy home insurance from Halifax can now take advantage of a new tool on the bank's website.

UK bank's lending less

Tue, 23 Dec 2008 12:48:05 GMT

Lending by the UK's major banks has fallen yet again, the British Bankers Association (BBA) has said.

Make saving less attractive to boost spending, expert says

Mon, 22 Dec 2008 14:55:07 GMT

If the government wants to get people spending then they must make saving less attractive, an expert has said.

Taxes hitting wallets this Christmas

Mon, 22 Dec 2008 14:54:47 GMT

Despite many thinking that the reduction on VAT would help spending at Christmas, an expert has suggested that other taxes are affecting bank balances.

Government urged to do more to get lenders to loan

Mon, 22 Dec 2008 14:54:28 GMT

The Council of Mortgage Lenders (CML) has said that the government needs to take further action to get banks to lend.