[CaRP] Database error attempting to cache feed. Reuters: Personal Finance News
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We''re paying record amounts of needless tax
LONDON (Reuters) - Consumers saved themselves several hundred pounds on average over the past year by paying for goods and services in cash -- but shelled out a record amount in needless tax.
Mortgage lenders "eagerly awaiting" rescue plan
LONDON (Reuters) - Mortgage lenders said on Friday they were "eagerly awaiting" much needed action by the Bank of England to ease the credit crunch and reported that mortgage lending fell an annual 17 percent in March.
Credit card borrowers paying the price
LONDON (Reuters) - Every credit card borrower is paying the price for a crackdown on defaulters, figures show.
Thousands more to succumb to "problem" debt
LONDON (Reuters) - Britons have "problem" unsecured debt of 25 billion pounds and the credit crunch could double the number of people succumbing to debt woes this year, according to a report.
Bargain homes under the hammer?
LONDON (Reuters) - Noon on Kensington High Street: the shops bustle with lunchtime custom, workers flock to sandwich bars and outside the Royal Garden Hotel a scattering of people talk intently on mobile phones, glossy brochures under-arm.
Housing market cooling fast
LONDON (Reuters) - Surveyors reported the most widespread fall in house prices last month in the 30-year history of their RICS market survey, suggesting the property downturn is gathering pace.
Mortgage fees double in a year
LONDON (Reuters) - Fees on fixed-rate mortgages have almost doubled in the past year, as lenders vie to increase margins amid the credit crunch, data shows.
"Recession virgins" fret over negative equity
LONDON (Reuters) - A quarter of "recession virgins" are worried about negative equity, a poll shows.
Brown urged to get tough on inheritance tax
LONDON (Reuters) - A group of Labour MPs and academics has challenged Gordon Brown to get tough on inheritance tax (IHT), calling it a vital tool to reduce social inequalities.
Inflation data boosts rate cut chances
LONDON (Reuters) - The main inflation rate unexpectedly held steady in March, official data shows, suggesting strong price pressures further up the economic pipeline have yet to be passed on to consumers.
