RSS Financial

Borrowers hit by steep rise in home loans
Some of Britain’s biggest lenders have pushed up sharply the cost of popular fixed-rate mortgage deals, in defiance of ministers’ calls for more competition to revive the housing market

Les Leopold: Happy Days are Here Again! (Here = Wall Street)

MONEY MARKETS-Libors at lows, but BoE surprises on QE

Debt shifts infrastructure’s foundations
China and India’s pledges to dedicate hundreds of billions of dollars towards road and airport construction, plus new stimulus programmes in the US and the UK, are renewing interest in investing in infrastructure.

U.S. Housing Market to Remain Shackled by Unemployment …

Critical illness cover scrutinised
Critical illness insurers are taking steps to reduce the “disproportionately” high number of claims the industry rejects for total and permanent disability (TPD) payouts.

Making Money Markets Safe Again - The Atlantic Business Channel

Car sales fall slows as scrappage scheme helps
LONDON (Reuters) - New car registrations fell 15.7 percent on the year in June, the smallest decline in almost a year, helped by a government scheme to boost car sales, the Society of Motor Manufacturers and Traders said on Monday.

UK lending suffers setback
Lending to consumers and businesses suffered a setback in May, highlighting the threat to nascent green shoots from weak levels of credit

Money Markets: Would Floating Prices Sink the Industry?

Brown’s homes pledge queried
The prime minister’s promise of 110,000 new affordable homes the centrepiece of Labour’s relaunch last week is under question after it emerged that the figure is far short of a government pledge

UK house prices hold steady
UK house prices recorded their third rise in four months, according to a closely watched index, suggesting that the troubled housing market has stabilised despite very low turnover

BT’s pension scheme to hold less in equities
The UK’s largest private sector retirement fund cuts its target allocation to 33% of assets after having only enough money at the end of 2008 to pay about 57% of promised benefits

Keydata investors wait for compensation news
UK investors who put money into Keydata’s Secure Income Bonds 1, 2 and 3 have to wait before discovering if they are eligible for compensation

Property slump hits UK spending plans
Plans by Gordon Brown to raise 16bn from asset sales between 2011 and 2014 to help rescue public finances are looking increasingly unrealistic in the latest sign of the government’s tough fiscal situation

BT’s pension scheme to hold less in equities
The UK’s largest private sector retirement fund cuts its target allocation to 33% of assets after having only enough money at the end of 2008 to pay about 57% of promised benefits

Funds tiptoe back to commercial property
Investors who have fled commercial property to escape sharp price falls may be reticent to return but signs are emerging that the worst may be over for the sector after two bruising years.

Making Money Markets Safe Again

Finance Investment - The Global Money Markets - USAWarez.net Free …