Archive for the 'News' Category

08 Feb

I’m pregnant - can I get a mortgage?

We haven't found the right property yet, but ideally will want to move before I give birth. Our mortgage would be dependent on both our incomes, which are about equal. Obviously, I'll take take maternity leave, but I do plan on returning to work. From our point of [...]

04 Feb

Toyota Prius could be recalled over brakes

Sources said 270,000 of the petrolelectric hybrids worldwide may have to be checked.
Toyota has not confirmed a recall but has admitted the newest Prius models had a software problem affecting the brakes.
Official investigations have been ordered in the U.S. and Japan although British ministers have not so far followed suit.
The world's biggest car firm [...]

03 Feb

BBC Heir Hunters in inheritance rip-off row

Heir Hunters follows a series of probate firms racing against time to try to trace the distant relatives of those who have died without leaving a will - and secure their finder's fee. But the corporation was criticised last night after it emerged many of the firms are [...]

27 Jan

Motorists at risk of pay and display racket

Council traffic wardens are exploiting a legal loophole to penalise motorists who have paid but simply forgot to remove a previous stub from their dashboard or window.
If wardens, or parking attendants, can see more than one ticket, they can fine the motorist.
Yesterday critics accused greedy council chiefs of seizing on 'pernicious' technicalities to punish [...]

14 Jan

‘Ebay for fraudsters’ network smashed

To the outside world, there was nothing remarkable about Renukanth Subramaniam.
The 33-year-old loner kept a low profile as a Pizza Hut chef and sometime courier, spending his days in internet cafes and nights on friends' sofas.
But yesterday the former asylum seeker was unmasked as the mastermind behind a £100m fraud that threatened every bank [...]

06 Jan

Cold snap to push up oil (and petrol) prices

The price of crude oil sailed through $80 this week and was a whisker away from cracking $82 this afternoon. It's higher than at any time in 2009. And it could be about to go higher. Everywhere from the US to Northern Europe to China is facing appalling weather conditions. That means [...]

02 Dec

Tweet your way to a festive bargain

Retailers such as Asda, Debenhams, Sainsbury's and Dell are all using the social networking site to promote deals and exclusive discounts. In the run up to Christmas many High Street stores are pulling out all the stops to attract customers. Last month Morrison's sparked a [...]

26 Nov

Gold price closes in on $1,200

The gold spot price surged to $1,195 this morning as the dollar saw its biggest fall in 15 months, raising hopes that central banks would jump in to buy more bullion in their effort to hedge against a falling currency. Yesterday, demand was buoyed by a news report that India may consider [...]

03 Nov

Halifax: House prices up 7% since April

The Halifax house price index showed prices up 1.2% in October - the fourth successive monthly rise. Property prices are now up 2.9% since the start of the year but down 4.7% annually. Halifax's report shows prices rising in five out of the past six months and the three-month rate of [...]

26 Oct

FSA warns on mis-sold structured products

The Financial Services Authority has warned firms that tough action will be taken on products sold as 100% secure or guaranteed, which did not fully disclose that they were backed by the collapsed American bank. Serious failings in advice on Lehman-backed products were discovered by the FSA, in most of the [...]

© 2008 Daily Financial News