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VAT Round-Down
Published : December 01, 2008 | Author : missmoney | Unrated |
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In an attempt to restart the UK economy the Government, in it's wisdom, decided to recude the VAT rate from today, but many believe it's timing to be flawed and to have caused mayhem at many retailers.
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Amazing Debt
Published : November 26, 2008 | Author : LoanStar | Rating :     |
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Here's an amazing statistic which many will react to by saying "I told you so". I'm one of those and you only had to look around at all the money being spent over recent years by people who honestly looked like they shouldn't have those amounts. The UK has been living on borrowed money for many years I thought and now we see the proof. A disaster waiting to happen has finally happened.
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Sorry Banks will still wait
Published : November 25, 2008 | Author : MoneyMan | Unrated |
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The Chancellor in his pre-budget report yesterday tried all kinds of measures to hold back the waves of a debilitating recession by encouraging conditions that would allow ongoing spending. But can he really think that artificial tweaking of a few levels and thresholds will really fool Banks into behaving that the recession is not going to happen and they are safe to return to lending to individuals and businesses. Kick starting the economy is not going to happen until everyone sees some real signs of a recovery and not just governmental adjustments.
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Festive Money
Published : November 20, 2008 | Author : missmoney | Unrated |
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Retailers must have been really scared about the prospects of a disastrous Christmas period given the number crazy sales being offered by the big high street department stores this week.
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Finance Fears and Emotion
Published : November 17, 2008 | Author : LoanStar | Unrated |
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You could be forgiven to think that the finance and commodity markets around the world are driven by fear and emotion rather than facts, knowledge or information. But the crazy swings of current times seem to indicta ethe former holds more sway.
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No First Time Buyers
Published : November 14, 2008 | Author : missmoney | Unrated |
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The housing markets lies prostrate at the moment, barely breathing as the oxygen of first-time buyers has been clamped off with the lack of low equity mortgages. With mortgage providers demanding ever higher deposits, those people looking to buy their first home are simply unable to raise the cash to get them started.
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Hard to Track Nationwide
Published : November 12, 2008 | Author : MoneyMan | Unrated |
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Mortgage debate at the moment revolves around tracker mortgages, differentials and collars. Having watched the tracker mortgages offered by Nationwide over recent months it is not easy to understand what they are doing with their tracker deal at the moment.
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Tax Cut Excitement Prevails
Published : November 11, 2008 | Author : MoneyMan | Unrated |
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I don't normally talk about tax issues on this site, partly becasue they are not my area and I'm not qualified to advise on them but today there seem to be plenty of expectations that tax cuts are on the horizon. The hopes are that they will save some people lots of money.
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Loan providers Stand Up
Published : November 10, 2008 | Author : TakeNote | Unrated |
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The providers of loans in the UK have been on the receiving of some harsh criticism over recent years. First they were accused of treating customers unfairly, then of selling expensive loan insurance without fully explaining the terms and now they are being partly blamed for seeding the current credit crunch by lending irresponsibly. Loan companies are gong out of business almost daily at the moment and by the time all this credit confusion pan out there will be substantially fewer loan companies to choose from.
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Our Money Worries are Over
Published : November 05, 2008 | Author : cashsaver | Unrated |
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A new party and a new president are installed in the White House and the world is reacting as if our money worries are suddenly over. Whether the new president can really improve the US and world economies remains to be seen - the joy and celebrations may be just as much about the old president leaving as the new one arriving.
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Calmer waters for Money Markets
Published : November 04, 2008 | Author : MoneyMan | Rating :     |
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After what seemed a relentless spell of shocks and drops in the finance world the waters seem to be slightly calmer this week with no big surges, either up or down, in the various markets around the world. Of course there are still some big falls being announced but they appear to be as expected and are not causing waves.
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Credit Cards come back
Published : November 03, 2008 | Author : missmoney | Unrated |
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WIth loans now proving very difficult to get for many applicants credit cards are growing again in popularity after a period of relatively flat performance. We are now seeing a new raft of credit deals being promoted wit hcard companies hoping to take advantage of the trough in loan options.
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Describing the worst
Published : October 24, 2008 | Author : TakeNote | Unrated |
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Finance pundits have had plenty of time to dream up new ways of describing the poor situation we, and the rest of the world it seems, find ourselves in at the moment. So how do they pick the moment to roll out those words that describe the situation at its worst? The doom superlatives seem to have finally arrived today.
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Specific Predictions
Published : October 22, 2008 | Author : MoneyMan | Rating :     |
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When you spend your time listening to the radio and watching the TV news you end up being bombarded with a mix of real information jumbled up with a healthy dose of "ifs" and maybes". That's because organisations like the BBC can't offer too much in the way of opinion and prediction. But for the man in the street, struggling to understand what all this financial upset really means for him, some glimse of what the future is likely to bring would be very useful. So here's my money "what's happening next" article.
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Calm still on hold for Financiers
Published : October 17, 2008 | Author : missmoney | Rating :     |
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After one of the most stormy weeks on the world's markets for over 20 years, financiers around the globe must be yearning for a week of calm. Stock markets have seen regular 10 per cent gains and falls on a daily basis and nerves must be fraying in fund management departments in every big investment company. Surely the turbulent waters must calm soon.
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Random Pick |
The revised Banking Code is due to be launched on March 31st and given the recent turmoil in the banking sector the major Banks need the need code to work in tandem with future processes sof a more stable finance sector. |
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