THE  BANK  OF  ENGLAND  BASE  RATE  IS  CURRENTLY  SET  AT  0.50  %

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Banks lose their appeal against a High Court Ruling on unfair bank charges - 27th Feb 2009

Banks have lost their appeal against the high Court decision that Office of Fair Trading (OFT) is entitled to investigate the fairness of bank charges.

Research in Motion (RIM) Chief says Blackberry Storm 9500 and 9530 customer should have expected problems - 27th Jan 2009

In a strange round about admission, Jim Balsillie,  the Co-CEO of Research in Motion told the Wall Street Journal that issues with new handset are a modern day reality, which could be interpreted as an admission of RIM being aware of the issues with the handset when it was launched in November 2008.

Blackberry Storm 9500 being sold on eBay by unhappy Vodafone customers - 9th Jan 2009

Some Vodafone customers who have purchased a Blackberry Storm 9500 on a contract are selling their handsets on eBay because they cannot get signal on the phone and as they are outside their fourteen day exchange or return period, they believe that they are stuck with the contract for the duration. Vodafone appears to be the only UK network that offers fourteen days no quibble exchange or return policy.

UK sees the lowest interest rate since 1694 - 8th Jan 2009

As widely expected, Bank of England’s  Monetary Policy Committee (MPC) reduced the UK interest rates by a further 0.5 %, bringing it down to 1.5 %. Some analysts are disappointed that the rate cut was not a full percentage point. Bank of England is hoping that cheaper credit will entice consumers to go out and spend more.

Rail fares going up by up to 11 percent in 2009 whilst train companies enjoy record profits - 31st Dec 2008

As rail operators prepare to implement another round of inflation busting fares rises of between 6 and 11 per cent amid rising operating profits, RMT is demanding that the government seriously look at nationalising the rail network.

UK Consumers are making false economies on the Insurance premiums - 29th Dec 2008

As the credit crunch bites and most people are trying to cut back on their out goings,  Association of British Insurers (ABI) has warned that  more and people are giving false information to the Insurance companies to reduce the premiums.




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