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AOL Money UKMortgage approvals at lowest level since January 2015AOL Money UKWithin consumer credit, credit card lending increased by £479 million in July, down from £579 million in June. Other types of loans, including personal loans and overdrafts, increased by £702 million, reining back sharply from a £1.3 billion increase ...and more »
BloombergU.K. Demand for Credit Slows in Month After Vote to Quit EUBloombergU.K. mortgage approvals slumped to an 18-month low in July and consumer borrowing slowed following the decision to quit the European Union. Banks and mutually owned lenders signed off on 60,912 home loans, the fewest since January last year, the ...Apple faces large Irish tax bill in EU ruling - business liveThe GuardianUK mortgage approvals July 60.9k vs 61.9k expForexLiveUK Mortgage Approvals Slow More Than Expected in July: BoERetail Crowdall 11 news articles »
Breakfast briefing: Retail News on French Connection, Notonthehighstreet, M&S and moreRetail WeekOnline retailer Notonthehighstreet.com has secured £21m from its investors in a move to expand in the UK and international markets, This is Money reported. The fundraising was led by German media investor Hubert Burda Media as well as existing ...and more »
Telegraph.co.ukL&G moots new mortgage 'marketplace' matching investors with homebuyersTelegraph.co.ukIndividual investors could help ease Britain's housing crisis via innovative investment structures, according to insurer Legal & General, as it eyes further inroads into the property sector. The insurance giant sees potential for a marketplace that ...and more »
BloombergBrexit Boosts Lure of Sticky Deposits for U.K. Banking StartupsBloombergThe potential for whipsawing markets and wider spreads post-Brexit is convincing banking startups that the stickiness of deposit funding is worth the cost and effort needed to convince customers to move their money. British regulators are in talks with ...and more »
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Mortgage approvals at lowest level since January 2015 - AOL Money UK

AOL Money UKMortgage approvals at lowest level since January 2015AOL Money UKWithin consumer credit, credit card lending increased by £479 million in July, down from £579 million in June. Other types of loans, including personal loans and overdrafts, increased by £702 million, reining back sharply from a £1.3 billion increase ...and more »
(30-08-2016)

U.K. Demand for Credit Slows in Month After Vote to Quit EU - Bloomberg

BloombergU.K. Demand for Credit Slows in Month After Vote to Quit EUBloombergU.K. mortgage approvals slumped to an 18-month low in July and consumer borrowing slowed following the decision to quit the European Union. Banks and mutually owned lenders signed off on 60,912 home loans, the fewest since January last year, the ...Apple faces large Irish tax bill in EU ruling - business liveThe GuardianUK mortgage approvals July 60.9k vs 61.9k expForexLiveUK Mortgage Approvals Slow More Than Expected in July: BoERetail Crowdall 11 news articles »
(30-08-2016)

Breakfast briefing: Retail News on French Connection, Notonthehighstreet, M&S and more - Retail Week

Breakfast briefing: Retail News on French Connection, Notonthehighstreet, M&S and moreRetail WeekOnline retailer Notonthehighstreet.com has secured £21m from its investors in a move to expand in the UK and international markets, This is Money reported. The fundraising was led by German media investor Hubert Burda Media as well as existing ...and more »
(30-08-2016)

L&G moots new mortgage 'marketplace' matching investors with homebuyers - Telegraph.co.uk

Telegraph.co.ukL&G moots new mortgage 'marketplace' matching investors with homebuyersTelegraph.co.ukIndividual investors could help ease Britain's housing crisis via innovative investment structures, according to insurer Legal & General, as it eyes further inroads into the property sector. The insurance giant sees potential for a marketplace that ...and more »
(30-08-2016)

Brexit Boosts Lure of Sticky Deposits for U.K. Banking Startups - Bloomberg

BloombergBrexit Boosts Lure of Sticky Deposits for U.K. Banking StartupsBloombergThe potential for whipsawing markets and wider spreads post-Brexit is convincing banking startups that the stickiness of deposit funding is worth the cost and effort needed to convince customers to move their money. British regulators are in talks with ...and more »
(30-08-2016)

Scottish households see biggest rise in wealth in UK - Scotsman

ScotsmanScottish households see biggest rise in wealth in UKScotsmanTom McPhail, head of pensions research at Hargreaves Lansdown Pensions, said that public sector guaranteed final salary pensions could be a factor influencing the increase in Scotland's personal wealth. He said: “If you look at the demographics ...and more »
(29-08-2016)

Debt woes 'weigh heavily' on young people, survey finds - BBC News

BBC NewsDebt woes 'weigh heavily' on young people, survey findsBBC NewsMore than a third of young people have debts of almost £3,000 and experience significant concerns about money. A survey of 2,042 people aged 18 to 24 conducted for the Money Advice Trust by YouGov found that they borrowed using credit cards, ...and more »
(29-08-2016)

Debt woes 'weigh heavily' on young people, survey finds - BBC News - BBC News

BBC NewsDebt woes 'weigh heavily' on young people, survey finds - BBC NewsBBC NewsMore than a third of 18 to 24-year-olds have debts of almost £3000 and experience significant concerns about their finances, a survey finds.and more »
(29-08-2016)

'Property a better bet than pensions', says Bank of England chief economist - New Zealand Herald

Telegraph.co.uk'Property a better bet than pensions', says Bank of England chief economistNew Zealand HeraldAs money paid into pensions attracts UK tax relief at 20 per cent for basic rate taxpayers, and 40 per cent for higher rate taxpayers, they are normally seen as the best way to save for a retirement income. But as the rates available for savers turning ...Bank of England boss Andy Haldane says you're better off putting money into PROPERTYDaily Mailall 37 news articles »
(29-08-2016)

Individual lenders hold the key to solving housing crisis, says Legal & General - Telegraph.co.uk

Telegraph.co.ukIndividual lenders hold the key to solving housing crisis, says Legal & GeneralTelegraph.co.ukIndividual investors could help ease Britain's housing crisis via innovative investment structures, according to insurer Legal & General, as it eyes further inroads into the property market. The insurance giant sees potential for a marketplace ... It ...
(29-08-2016)

Theresa May urged to reshape welfare with 'social insurance' - The Guardian

The GuardianTheresa May urged to reshape welfare with 'social insurance'The GuardianThe prime minister has launched an inquiry into the project before giving it the go-ahead, amid concerns about security and value for money. But the Chinese ambassador has warned that a decision to cancel it could ... Such new social insurance products ...and more »
(29-08-2016)

America's dumbest criminal? Florida ex-con is arrested for trying to bail out her friend with a stolen credit card - Daily Mail

Daily MailAmerica's dumbest criminal? Florida ex-con is arrested for trying to bail out her friend with a stolen credit cardDaily MailThe 46-year-old former convict from Florida is probably headed back to prison after using a stolen credit card to bail out an acquaintance from jail. According to documents obtained by The Smoking Gun web site, Brisbane wanted to put up bail money for ...and more »
(29-08-2016)

Survival guide to cashback credit cards - The Independent

The IndependentSurvival guide to cashback credit cardsThe IndependentIn order for a cashback card to earn you money you need to clear the balance completely and on time every single month, because otherwise the interest you will pay will far outstrip the money you will earn. If you need a credit card to leave a balance ...
(29-08-2016)

This woman is desperately trying to prove she's not dead - The indy100

The indy100This woman is desperately trying to prove she's not deadThe indy100Due to a bureaucratic error, a woman from Utah, US has been declared dead, and the government is trying to reclaim all of the pension and medical payments they have given her since July 2014. In August Barbara Murphy, a 64 year old resident of Roy ...and more »
(29-08-2016)

The truth about investing for children - The Independent

The IndependentThe truth about investing for childrenThe IndependentIn fact, family and friends will help 300,000 people buy a home this year, with the bank of mum and dad helping to finance a quarter of all UK mortgage transactions to the tune of £17,500 each. More than half are considered gifts never to be seen again.
(29-08-2016)
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