Cost of fixed-rate mortgages continues to drop

10 June 2010
According to figures from the Bank of England, the cost of short-term fixed-rate mortgages dropped to a record low in May, as `competition continued to return to the market`, The Telegraph reports.... read more »

Motorists `driving less to cut back on costs`

10 June 2010
Nearly a third (29%) of motorists are attempting to use their car less to cut back on costs, according to research from the AA.... read more »

Young adults `lead the way on savings`

10 June 2010
Adults aged between 18 and 34 are `leading the way` on savings, with people in this age group saving 16% more than the national average, according to Santander.... read more »

Bank of England meets to discuss base rate

9 June 2010
The Bank of England Monetary Policy Committee is meeting today to discuss its next decision on the base rate, which it will announce on Thursday.... read more »

Borrowing and saving levels fall

8 June 2010
According to unbiased.co.uk, savings fell drastically in mid-2008, from around £39bn per quarter to £20bn, and they haven`t made a full recovery since - with the latest figures showing people are now saving just over £16bn, headlinemoney.co.uk reports.... read more »

£37 million taken out in loans for education

8 June 2010
Borrowers took out a combined £37 million in personal loans for education in the year to February 2010, according to estimates by Sainsbury`s Finance.... read more »

Number of travel insurance policies `on the rise`

8 June 2010
The number of available travel insurance policies has increased by 9.5% over the last year, according to research from Defaqto.... read more »

Osborne plans to `emulate Canada` to tackle UK debt

7 June 2010
The Chancellor, George Osborne, will announce plans to `eradicate` Britain`s budget deficit and tackle the national debt by `emulating` Canada, where borrowing was curbed in just three years following spending cuts of 20%, the Telegraph reports.... read more »

Mortgages: what lies ahead?

7 June 2010
What lies ahead for the mortgage market? According to Halifax, house prices fell by 0.4% last month - although Nationwide says they rose by 0.5%.... read more »

Student debt to rise?

4 June 2010
The amount of debt which students take on at University will rise if recent recommendations are put into action.... read more »

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