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UK Personal Finance News

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

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Calls for an enquiry into the collapse of Icelandic banks - 1st Nov 2008


The UK government is facing increasing pressure for an enquiry following the claims that the UK authorities knew as early as April 2008 that the Iceland’s banking system was in trouble.



Standard Life reduces final payouts - 30th Oct 2008


Approximately two million customers of the Standard Life will see the final payouts on their pensions and investment policies reduced.



Darling asks MPC for an interest rate cut - 29th Oct 2008


During his lecture today, chancellor of the exchequer , Alistair Darling indirectly asked the Monetary Policy Committee (MPC) for a rate cut when it meets next week.



Sunday’s lighter note - 26th Oct 2008


Georgina is now a George.



Fraud warning to Halifax customers - 26th Oct 2008


An authentic looking  phishing e-mail is being sent to Halifax customers  warning them about internet security. If you respond to the instructions on the e-mail, you will become a victim of fraud.




Conflict between eBay sellers and buyers - 26th Oct 2008


Some small businesses and individual sellers say that it is getting harder to sell on eBay these days. The online auction site made some changes to its feedback policy earlier this year. These changes took away the option for sellers to leave feedback on buyers, but still allowed buyers to leave feedback on sellers. Some sellers claim that there are buyers on eBay who make malicious complaints and leave unwarranted feedback and that the new policy does not allow them to counteract that.




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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR OTHER DEBT SECURED ON IT.


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