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Bank of England freezes interest rates at 5%

The Bank of England has voted to freeze interest rates at 5% for the third month in a row.
What does the bear market mean for investors?

We are now officially in a bear market, and forecasts of a recession are getting louder. But what does this mean for you?
Nationwide suspends ISA transfers

Nationwide has temporarily stopped accepting transfers into its cash ISA after a 400% increase in the number of requests.
Barclays to can secured loans lender Firstplus

Barclays has announced that it is to stop selling secured loans through its market leading Firstplus brand as a result of the downturn in the mortgage market.
VAT could be slashed under proposals from Brussels

The cost of eating out, converting your loft or hiring a childminder could be reduced under plans tabled by Brussels to cut VAT.
Is Britain on the brink of recession?

The UK is hovering on the brink of recession as the credit crunch hits businesses across the country, a new report warns.
Join a car club

Rising petrol prices have pushed up the cost of running a car. Could joining a car club save you money?
Government pledges £11 million for money lessons for kids

Children as young as four are to be given more financial education at school, in a new initiative unveiled by the government.
Protection product for cash-strapped consumers launched

A new insurance product claims to offer protection against almost any
eventuality modern life can throw at you.
Banks make £2.5 billion from overdraft fees

Banks make £2.5 billion a year from unauthorised overdraft charges, but could be forced to repay £10 billion if they lose the current court case into bank charges.

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