- Lowest number of Mortgage Approvals since records began.
- In a breaking report from the Bank of England only 64,000 mortgages were approved last month.
- Tue 29th Apr 2008
- Are the Banks getting greedy?
- In a test case in the High Court today, 8 UK Banks may be deemed to have be charging their customers unfairly.
- Thu 24th Apr 2008
- Comparison websites under the hot spotlight.
- The centre for competition policy has produced a report saying independent checks need to be made of comparison websites.
- Sat 12th Apr 2008
January 'is time for financial review'
Wed 2 Jan 2008 2pm
An expert has urged UK consumers to view the new year as an opportunity to review their financial situation, particularly their use of credit cards.Donald MacLeod, head of cards at Sainsbury's Bank, said that taking stock of finances should be the "key thing" for British people in the early stages of 2008, in order to avoid debt and other money problems later in the year.
He suggested that cardholders shop around for the most competitive deals, always try to repay more than the minimum amount each month and consider cards with reward systems if they make a lot of purchases using plastic.
"Look around and see whether there are better deals than what you're currently getting from your provider and that may well offer you an opportunity to reassess your costs," Mr MacLeod advised.
According to figures from payments association Apacs, there were 69.5 million UK credit cards in use in 2006.
