A couple of years ago, the city watchdog, the Financial Services Authority, took over the regulation of the mortgage market. And not before time when you consider the disgraceful levels of mis-selling of endowment mortgages during the Eighties and Nineties!
Category: Aggregator
This Is Money: NatWest Three Were In On Deceit: Fastow
The NatWest three extradited to the US to face Enron-related fraud charges knew that they were involved in a complex series of deceits
Motley Fool: Keep It Simple
Before investing in a company, I like to understand the business, and some businesses are easier to understand than others.
Motley Fool: Two Lessons From A Share Disaster!
Some investors like to dwell on successes. I, however, prefer to dwell on disasters. It’s not because I’m a masochist. It’s because I learn more from disasters.
This Is Money: Shelling Out For Takeovers
The battle for Australia’s Hardman Resources, in which Tullow Oil is the first to put cash on the table, could be symptomatic of bigger deals to come
MoneyExpert: British Personal Debt Is ‘double European Average’
Over a third of all unsecured debt such as credit cards and overdrafts in Europe belongs to the British, says business research group Datamonitor.
MoneyExpert: One Million Credit Card Terminals At Large In The UK
A million point-of-sale (POS) terminals are now available in the UK, as the one millionth official machine turned on, September 26th.
This Is Money: 2m Struggle With Council Tax
The council tax system was under fire after a study found more than two million households struggling to keep up with their payments
This Is Money: Ikea Profits Slide On Image Problem
Ikea, the home furnishings retailer everyone appears to love to hate, has seen its profits in the UK plunge by a third
This Is Money: HMV Records Growing Sales
Music store and bookshop owner HMV today said price cuts and internet sales had helped it to improve performance