Here’s what’s been going on in the world of personal finance and money today:
From Money Watch:
- Cheap Stag Nights – I’m after for a few ideas for having a cheap last night of freedom.
From around the web:
- Learn from Icesave and keep your savings in the UK – The message to savers seems clear, the safest home for your cash is the UK
- Icelandic compensation to start – Thousands of UK customers of two collapsed Icelandic banks will receive application forms for compensation for their lost savings in the next week.
- US stocks slide to five-year low – US stocks fell for a seventh straight session, with the blue-chip Dow Jones index tumbling below 9,000 points for the first time in five years.
- Insurance Prices Will Sky Rocket in 2009 – There are three reasons why insurance prices are likely to soar in the next 12 months.
- Judge rules on overdraft charges – Banks have largely won the latest round of a High Court battle over the fairness of overdraft charges.
- Mortgage rates cut on Bank news – Mortgage providers have been dropping the cost of their home loans following the emergency cut in UK interest rates.