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Personal Finance News
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Banks cave in over PPI
Monday 09 May 2011
The banking industry has admitted defeat in its legal battle over the mis-selling of payment protection insurance (PPI). Read More
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House prices fell 1.4% in April, says Halifax
Monday 09 May 2011
UK house prices fell 1.4% in April compared with March, according to the latest figures from the Halifax. Read More
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Factory prices continue surging
Friday 06 May 2011
Prices for goods leaving factories continued surging in April though growth was slightly lower than in the previous month. Read More
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UK Services PMI “way below consensus estimates”
Thursday 05 May 2011
In a research note published Thursday economists at The Royal Bank of Scotland (RBS) said April's UK service sector PMI (Purchasing Manager's Index) was “way below consensus estimates”. Read More
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UK Services PMI “way below consensus estimates”
Thursday 05 May 2011
In a research note published Thursday economists at The Royal Bank of Scotland (RBS) said April's UK service sector PMI (Purchasing Manager's Index) was “way below consensus estimates”. Read More
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Bank of England keeps rates steady
Thursday 05 May 2011
In its meeting today the Bank of England’s Monetary Policy Committee (MPC) voted to maintain the official Bank Rate, paid on commercial bank reserves, at 0.5%. The Committee also voted to maintain the... Read More
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Bank of England keeps rates steady
Thursday 05 May 2011
In its meeting today the Bank of England’s Monetary Policy Committee (MPC) voted to maintain the official Bank Rate, paid on commercial bank reserves, at 0.5%. The Committee also voted to maintain the... Read More
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UK Services PMI, below consensus. However…
Thursday 05 May 2011
The UK services PMI for the month of April has surprised on the downside, noticeably so in fact, but the sub-index for incoming orders has come in at its best level for the past year. Read More
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UK house prices fell slightly in April, depending on who you ask?
Wednesday 04 May 2011
UK house prices fell by 0.2% on month in April according to data out from Nationwide and based on its own clients’ data, after last month’s 0.5% gain. Versus a year ago home prices retreated by 1.3%. Read More
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UK Construction PMI drops more than expected, but…
Wednesday 04 May 2011
The construction sector purchasing managers’ index (PMI) for the month of April fell to 53.3 points, from 56.4 the month before, according to CIPS/Markit. Read More
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UK Construction PMI drops more than expected, but…
Wednesday 04 May 2011
The construction sector purchasing managers’ index (PMI) for the month of April fell to 53.3 points, from 56.4 the month before, according to CIPS/Markit. Read More
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Any risks to UK recovery from rock bottom confidence levels?
Tuesday 03 May 2011
Richard Barwell, at Royal Bank of Scotland, this morning issued a research note entitled "The risks to the recovery in the UK from rock bottom consumer confidence" which seems to hint at the possibili... Read More
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UK retailers saw poor sales in April
Tuesday 03 May 2011
The volume of high street sales rose in April compared with year ago, as retailers had expected, but the pace of growth remains subdued, the Confederation of British Industry (CBI) said. Read More
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UK retailers saw poor sales in April
Tuesday 03 May 2011
The volume of high street sales rose in April compared with year ago, as retailers had expected, but the pace of growth remains subdued, the Confederation of British Industry (CBI) said. Read More
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Downside surprise in UK Manufacturing PMI
Tuesday 03 May 2011
The headline seasonally adjusted Markit/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) fell to a seven-month low of 54.6 in April. This is down from a revised reading of 56.7 in March and well... Read More
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Uncertainty in UK mortgage lending
Wednesday 27 Apr 2011
Mortgage lending figures for March suggest the UK housing market has yet to recover to the buoyant levels seen before the credit crunch. Read More
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UK GDP estimate in line
Wednesday 27 Apr 2011
Gross domestic product (GDP) increased by 0.5% in the first quarter of 2011, following a decrease of 0.5% in the fourth quarter of 2010, according to data from the Office of National Statistics (ONS). Read More
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UK GDP estimate in line
Wednesday 27 Apr 2011
Gross domestic product (GDP) increased by 0.5% in the first quarter of 2011, following a decrease of 0.5% in the fourth quarter of 2010, according to data from the Office of National Statistics (ONS). Read More
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S&P lowers its outlook on Japan’s sovereign rating
Wednesday 27 Apr 2011
Standard&Poor’s (S&P), the rating agency, this morning lowered its outlook for Japan’s long term credit rating to ‘negative’, from ‘stable’. Read More
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Credit Suisse raises its forecast for UK inflation
Tuesday 26 Apr 2011
In a research note published the day before Good Friday economists at Credit Suisse indicated that they do foresee a noticeable drop in the consumer price index (CPI) for towards the end of this year ... Read More
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