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Latest Financial News
22 Aug 2014
Scotland’s economy stronger for the split according to thinktank – ‘Adaptive Sterlingisation’ could be the answer
If Scotland were to attain independent status and continued to use the pound sterling, in spite of Westminster’s condemnation, it would have a stronger economy than it does now, according to influential think tank the Adam Smith Institute (ASI).
21 Aug 2014
Labour promises it would bring the hammer down on ‘mistreating’ Energy Companies – Energy Prices have risen 4 times quicker than wages under Coalition
Energy companies would be comprehensively cracked down on under a Labour government, as shadow energy secretary, Caroline Flint, will announce today that a proposed new energy regulator would be authorised to invalidate the licence of energy giants that consistently skate around regulations and abuse customer interests.
21 Aug 2014
In recent months, there has been a trend of Banks slashing their ISA rates, somewhat sullying the hopes of many savers who believed the rec-christened NISAs would provide them with lucrative rates.
20 Aug 2014
Mortgage Lending up to highest monthly level in 6 years – Homeowner remortgaging increases in turn as Bank of England retains base rate
Mortgage Lending increased to its highest monthly level in July for nearly six years, as borrowers’ continue to buy into the lending sector despite Bank of England measures, implemented earlier this year, designed to combat lax lending standards.