- Life insurance is the most important insurance of them all.
- About 20 years ago, little old Trumpo was an insurance salesman and always believed that life insurance should be the No 1 priority when planning your finances.
- Mon 8th Mar 2010
- Stamp duty return hits first time buyers for six.
- In what can only be described as a dramatic drop in new mortgage lending last month, it appears to be the return of stamp duty that has put the boot in.
- Mon 1st Mar 2010
- Northern Rocks bad bank is not that bad after all.
- Trumpo learns that people are able to move their Northern Rock mortgages to new properties.
- Thu 18th Feb 2010
Economy facing "testing times", says BoE
Thu 17 Jan 2008 4pm
The Bank of England's (BoE's) monetary policy committee is currently faced with "testing times" as a result of the uncertainty surrounding the economy, according to one official.Speaking at a meeting with the London Chamber of Commerce and Industry, BoE deputy governor John Gieve said that economic growth is now experiencing a sharp slowdown, partly due to last year's base rate increases.
He added that this, coupled with the effects of the ongoing global credit crunch, could be enough reason to make a "progressive" policy shift, going on to note that rises in food and oil prices could have further repercussions.
"These are likely to raise our inflation rate well above target in the coming months at a time when short-term inflation expectations remain uncomfortably high," Mr Gieve stated.
Earlier this week, figures from the Office for National Statistics showed that consumer price index inflation remained steady at 2.1 per cent in December.
