United Kingdom
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Sunday, 23 November 2008
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| View All Articles About 'Bank' |
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| 181. |
Mortgage approvals reach all time low in December
The British Bankers Association (BBA) has released figures showing that mortgage approvals dropped to a new low in December, indicating further that the housing market is slowing down.
24 Jan 2008 |
| 182. |
Bank signals rates may fall but not dramatically
Interest rates are likely to come down next month to safeguard the economy but aggressive cuts of the kind announced by the U.S. Federal Reserve are not on the cards, the Bank of England signalled on Wednesday.
23 Jan 2008 |
| 183. |
Bank voted 8 to 1 to hold rates in January
The Bank of England has released the minutes of the monthly meeting of the rate setting Monetary Policy Committee (MPC). The minutes show that the committee voted to keep interest rates constant in January by 8 to 1.
23 Jan 2008 |
| 184. |
King signals lower rates
Bank of England Governor Mervyn King appeared on Tuesday to pave the way for a February interest rate cut to revive the economy but also warned price pressures might prevent any sharper monetary easing beyond that.
23 Jan 2008 |
| 185. |
HBC fined over sale of insurance
The Financial Services Authority (FSA) has given a fine of £1,085,000 to HFC Bank Ltd (HFC) for its failure to ensure that the advice it gave to customers to buy Payment Protection Insurance (PPI) was suitable, and also for failing to have adequate systems and controls for the sale of PPI.
16 Jan 2008 |
| 186. |
Banksy graffiti wall auctioned
A painting attributed to cult graffiti artist Banksy fetched more than 200,000 pounds in an online auction on Monday. Now the lucky owner will just have to work out how to get it home.
15 Jan 2008 |
| 187. |
U.S. results may be hard to read for European banks
Investors are bracing for grim news from major American banks when they report full year results this week, but the implications may be tricky to interpret for European banks such as UBS, that have already been badly scalded by the subprime crisis.
15 Jan 2008 |
| 188. |
Bank charges case goes to HIgh Court
A test case on whether bank charges are legal and fair begins in earnest on Monday when the High Court hears evidence on the fees in a key phase of a potentially long legal battle.
14 Jan 2008 |
| 189. |
Northern Rock sells assets valued 2.2 bln
Northern Rock has sold a 2.2 billion pound portfolio of mortgages to U.S. bank JP Morgan, a first step to help the troubled lender repay loans from the Bank of England.
11 Jan 2008 |
| 190. |
Bank holds interest rates at 5.5 pct
The Bank of England left interest rates unchanged on Thursday, following a week of intense speculation over whether it would cut them for a second month running to shore up economic growth.
10 Jan 2008 |
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