Bank holds base rate again
The Bank of England's Monetary Policy Committee has voted to hold the base rate at 0.5 per cent and maintain the current level of quantitative eas…
Consumers worried about paid-for bank accounts
The possibility of having to pay just to have a current account is a prospect that will irritate many people, not least those still angry with the rol…
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Britain still in recession despite GDP revision
Britain remains in its longest double-dip recession since the 1950s, despite a revision of the second quarter figures for economic output.
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Inflation and income prospects to remain gloomy?
The latest inflation figures appear at first glance to have brought some good news. The consumer prices index (CPI) rate dropped from 2.6 per cent to …
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PPI continues to generate fresh complaints
Fresh complaints about the mis-selling of payment protection insurance (PPI) are continuing to flood into the Financial Ombudsman Service (FOS).
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FSA in bid to stop mis-selling
The Financial Services Authority (FSA) has said it is planning to stop companies incentivising staff to mis-sell goods and services to consumers.
Eurozone collapse ‘could recreate 2008 conditions’
The economy could find itself in as deep a recession as the one that struck in 2008 if the eurozone were to collapse, an expert has said.
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Underemployment ‘up by a million’
The economic troubles of the last few years have brought a significant rise in unemployment, although not by as much as some might have expected as it…