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News rates will rise, but it won't be the catastrophe some with the fall in the pound and the fall in the value of British government bonds, or gilts, has come the to-be-expected rise in the underlying interest rates that drive the cost of mortgage borrowing. Called “swap rates”, these register the price ...and more » (blog)Pensions, borrowing, gambling and credit (blog)Pensions, borrowing, gambling and credit cards ... UK government borrowing hit £10.6 billion in September, £1.3 billion higher than September 2015. ... [Alt-Text]. Bookmakers will be brought before the competition watchdog to explain why the industry ...and more »
BBC NewsMillions of Indian debit cards 'compromised' in security breachBBC NewsThey are also blocking and replacing debit cards. The breach is thought to have been caused by malware on an ATM network. Some customers are complaining that large sums of money have been taken from their accounts. Indian banks have issued nearly ...and more »
ForbesMortgage Startup Teams With Zoopla To Offer Better Property Deal SearchesForbesThis service continually compares a list of user mortgages – Trussles says it currently has details of around £300,000,000 in mortgages from registered users – to changing offerings. If a deal comes up that can save a user money, it send them an email ...
This is MoneyBuy-to-let tax change will remove full mortgage interest reliefThis is MoneyThe government's decision to limit tax relief on buy-to-let will force 440,000 of Britain's landlords into a higher income tax bracket, research claims. Landlords may have to hike rents or sell to shore up their finances, as while currently they can ...and more »
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