MP urges inquiry into bank profits from payment protection
Fresh evidence of the huge profits banks make from payment protection insurance (PPI) has emerged as part of a continuing Jobs & Money probe into the high-cost plans,...
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What's it take for a bit on the side?
The Bank of England's decision this week not to raise interest rates will be welcomed by mortgage holders, but will disappoint people hoping for a rise to boost the retur...
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Co-op Bank makes it 10 years of growth
The Co-operative Bank reported its 10th successive year of growing profits yesterday, selling more mortgages and its customers borrowing more money.
The "ethical" bank,...
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Interest rates unchanged - for now
As interest rate decisions go, this one was fairly exciting. The monetary policy committee's (MPC) announcement that rates would remain unchanged at 4% was not expected b...
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Your guide to interest rates, debt and what they mean for you and the economy
How much do people owe?
According to the latest figures from the Bank of England consumers owe almost ?784bn on mortgages, and more than ?172bn through unsecured lendi...
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Britain's identity crisis
There are fears that identity fraud could hit Britain in the way that it has already caused chaos in the US. Credit reference agency Experian says that it has been tracki...
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Northern Rock upbeat, thanks to cheap credit
Mortgage bank Northern Rock yesterday underlined the buoyancy of the property market, revealing that levels of lending were "very strong".
In an upbeat trading statemen...
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Ramsden's back and banking on Atalza
The word was out last summer but there were many who had their doubts. Terry Ramsden, the whisperers said. He's back. Yeah, right, we said. We'll believe it when we see i...
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Average cost of a house passes ?150,000
The housing boom is gathering pace, with prices last month rising another 2.2% - or £105 a day - according to Britain's biggest mortgage lender.
The latest surge i...
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Northern Rock forecasts profits rise
Mortgage bank Northern Rock today predicted strong profits for this year amid expectations of a big increase in lending.
In a trading update, the Newcastle-based company...
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