Finance Matters

When Finance Matters

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Posts Tagged ‘increase’

Halifax reports 1.4% fall in April house prices

May 9th, 2011 | Author: Kay Murchie

The Halifax has today revealed UK house prices plunged by 1.4% in April compared with March, driven by weak consumer confidence in the housing market. The latest house price rise takes the average cost of a UK home to £160,395, the Halifax said. Meanwhile, on an annual basis, prices are 3.7% lower – the biggest [...]

Posted in Finance Matters | Tags: All Financial News, April, confidence, ease, fall, Halifax, house prices, housing market, increase, Property News | Comments Closed

India lifts interest rates further to combat inflation

March 17th, 2011 | Author: Kay Murchie

The Reserve Bank of India (RBI) has today raised key interest rates for the eighth time in less than a year, in a bid to tame stubbornly high inflation in a thriving economy. The move, which was widely expected, saw the central bank raise its repo rate, at which it lends to banks, to 6.75%, [...]

Posted in Finance Matters | Tags: All Financial News, Economy News, food costs, growth, increase, inflation, Interest Rates, RBI, Reserve Bank of India, threat | Comments Closed

Final salary pension scheme closures on the up

March 9th, 2011 | Author: Kay Murchie

According to the National Association of Pension Funds (NAPF), final salary pension scheme closures are on the increase. These types of schemes are becoming significantly more expensive to operate and costs are likely to rise. As a result, the rate of decline appears to be picking up, said the NAPF. The Association said 17% of [...]

Posted in Finance Matters | Tags: All Financial News, closure, final salary, increase, NAPF, National Association of Pension Funds, pension schemes, Pensions News, rate | Comments Closed

EU commences bank stress tests

March 7th, 2011 | Author: Kay Murchie

The EU has commenced a new round of stress tests after last year’s failed to reveal the weakness among banks in Ireland. The latest tests, which will be headed up by the new European Banking Authority (EBA), are expected to be tougher and may include a liquidity test. However, regulators have yet to agree to [...]

Posted in Finance Matters | Tags: All Financial News, Banking News, banks, capital ratio, EBA, EU, European Banking Authority, fail, increase, Ireland, stress tests, tougher | Comments Closed

Debt charity warns of impending repossessions rise

July 20th, 2010 | Author: Gill Montia

A leading debt charity has warned that repossessions could increase, despite a rallying of the UK economy.
The Consumer Credit Counselling Service (CCCS) believes that a recovering housing market could make lenders less lenient and more likely to repossess.
The charity is aware that a “large number” of its clients have suspended repossession orders on their homes, [...]

Posted in Finance Matters | Tags: All Financial News, CCCS, change, Consumer Credit Counselling Service, housing market, increase, Mortgage News, recession, repossessions, Support for Mortgage Interest, UK economy | Comments Closed