Recession turns to repossession for thousands of homeowners
Posted in News on Feb 20th, 2009
House prices may be on the decline, but the number of house repossessions is certainly on the rise with over 40,000 homeowners affected in 2008.
Tag Archive 'debt'
Bailed-out banks pay out billions in bonuses
Posted in Blog on Feb 8th, 2009
Over £4 billion of taxpayers’ money is set to be reinvested by the banks, but probably not in a way that you would expect or hope, especially considering the current financial climate.
Interest-ing new rates for borrowers
Posted in News on Feb 5th, 2009
Positive news for UK borrowers this morning as the Bank of England has cut interest rates to a record low 1%, as they look to boost the country’s economy.
Your guide to the recession…
Posted in Information on Jan 30th, 2009
Recession is a term that represents six successive months of economic decline suffered by that economy; but what exactly causes this to happen?
2009 - The year of the recession
Posted in Features on Jan 26th, 2009
The country has been in recession for a matter of days and already the question on peoples’ lips is ‘when will it end?’ Top financial expert, Jane Fuller, believes that it will continue beyond 2009 and into the new century, as she explained to Credit Crunch Busters just how the recession came about.
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