The Business Secretary was due to make the announcement following a report by the Office for Fair Trading on the deal. The competition authorities could object to such a merger on the grounds the new bank would be so large that it could undermine competition.
But the Government has passed legislation to override these concerns [...]
The latest figures from Land Registry showed house prices falling at the rate of 8% per year, in September, with the average home worth £168,814.
The biggest monthly fall was seen in Wales, where house prices tumbled by 5.5% in September, as annual falls hit 10.7% and the average home declined in value to £126,530.
But [...]
By Julie Rains
My parents and my husband’s parents were children during the Great Depression. Mine lived in large cities; my in-laws, small towns. Their families started this era from neither a position of wealth nor desperation; just to add perspective, though, I’ll mention that their parents wouldn’t have considered lack of indoor plumbing a sign of [...]
The Prime Minister and Chancellor signalled their frustration that more than two weeks after their bail-out, banks were still not giving firms the loans they desperately need.
The Government hailed an agreement by the European Investment Bank to make a further £4bn available for small companies but came under fire from Labour and Tory [...]
People with bad credit often get disheartened when they are not approved for any kind of home loans from any reputed financial institutions or lenders. There are ways by which you should be able to get home loans from any reputable financial institution just like any other person with a good credit history.
Find out a [...]
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The Rescue Plan. Is my money safe at the Bank?
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