Every year approximately 6.5 million people take out a personal loan, according to leading financial advice site Fool.co.uk.
Tag: Banks
Scotsman: Stamp Duty Net To Double Its Catch By 2011
STAMP duty will affect double the households currently hit by the tax by 2011, according to research from Bank of Scotland.
This Is Money: Bank Closes 30,000 Accounts
HSBC is reviewing thousands of customer accounts to see whether they should be closed as part of ‘fraud prevention measures’
This Is Money: The £50,000 Package Holiday
City bankers are splashing out on top-of-the-range package holidays to escape the British winter
This Is Money: Bank Gives Rates A Rest
The Bank of England has put off its next rate rise at least one more month as it kept the base rate on hold at 4.75% today
MoneyExpert: HSBC Offers Customers Mobile Banking
HSBC and First Direct have become the first-ever UK banks to offer its customers mobile banking, it was announced today.
This Is Money: Number’s Up For 0870 Rip-off
Banks, airlines and other businesses which can be contacted only through expensive 0870 numbers may have finally met their match
This Is Money: Banking Covenants
The Daily Mail City team explain the significance of the agreements businesses make with banks when they borrow large sums of money
This Is Money: Businesses Braced For Rates Vote
Borrowers and businesses were nervous ahead of today’s Bank of England interest rates decision
Motley Fool: Learning From The Poker Fiasco
My colleague Maynard Paton and I had a fallout over the collapse of the online poker sector this week. I said that risky Internet poker companies should never have been allowed to float on the London market. I also believed that bankers who brought companies such as PartyGaming (LSE: PRTY) and 888 Holdings (LSE: 888) to market should have done more to protect unsuspecting private investors. But Maynard reckons that stock market investors should always be allowed to make their own choices.