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Interest rate cut: Heroes and Villains - Times OnlineHBOS bowed to immense pressure and passed on the 1.5 per cent cut to its SVR across all four of its mortgage brands — Halifax, Bank of Scotland, Birmingham Midshires and Intelligent Finance. It was also one of the first to pass on last month's half ...
When should you keep shtum? - BBC NewsMr Rothschild's allegation comes in response to Mr Osborne allegedly revealing negative comments made by Peter Mandelson about Gordon Brown at a party at a Greek taverna. Mr Rothschild was perturbed enough to write to the Times, concluding: "Perhaps ...
Crash stops one in 10 pension plans - Times OnlineOne in ten people have cancelled their pension contributions in an effort to save money and avoid investing in the stock market, The Times has learnt. A report from uSwitch.com — due out this week — will show that householders have decided to ...
Lawson boom, Brown boom, they all bust in the end - Times OnlineIt will be a bleak January before, technically, we have official verification of the new recession, when the GDP numbers for October to December confirm a second consecutive quarter of falling national income. Yet that can be seen as a fait accompli ...
Lehman Brothers demise triggers huge default - Times OnlineLehman Brothers, the bust investment bank, triggered one of the biggest corporate debt defaults in history yesterday as it emerged that the US Federal Reserve is harbouring grave concerns about whether Washington’s $700 billion (£413 billion ...
Road to recession - Belfast TelegraphIt began with the banks. Then house prices began to tumble. In the months that followed, the shock waves spread, engulfing first high streets, then factories – and thousands of jobs. In this gripping account, Paul Vallely travels across Britain to ...
Recession - the domino effect: Share YOUR story - The IndependentSilver lining?: Grey clouds loom over the financial district's skyline We could begin with Peter Sastawnyuk. The 53-year-old businessman filled his £370,000 detached home with petrol canisters, sealed the locks, set tripwires and threatened to set ...
Today's Mortgage Terms starting with R
Refinancing: The repaying of a debt with the proceeds from a new loan using the same property as collateral. The reason for refinancing is to get a lower interest rate.
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