Reuters: Personal Finance News
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05/09/2008 05:37 PMRepossession orders surge LONDON (Reuters) - More people in England and Wales are just one step away from losing their homes than at any time since the early 1990s as the credit crunch bites, figures showed on Friday, and experts say things can only get worse.
05/09/2008 12:30 PMWomen investors less scam-prone TORONTO (Reuters) - Fewer women than men get duped by fraudulent investment schemes because they are generally more risk-averse than men, according to a Canadian securities watchdog.
05/09/2008 05:56 PMInterest rate cut seen next month LONDON (Reuters) - The Bank of England kept interest rates at 5.0 percent on Thursday but analysts say a slowing economy will force it to cut borrowing costs next month, even though inflation is heading higher.
05/09/2008 12:53 PMThe colour of investment money is... green LONDON (Reuters) - Environmental concerns are no longer the reserve of tree-hugging hippies and climate change campaigners. Fund management companies are increasingly moving into the "green" arena as public concern over the ecosystem increases.
05/09/2008 01:03 PMA&L trims rates for borrowers with high deposits LONDON (Reuters) - Mortgage bank Alliance & Leicester has brought in lower rates for home loans where borrowers have a deposit of at least 25 percent, as it tries to lure less risky customers in the face of the credit crisis.
05/09/2008 05:58 PMWould you tell whoppers to your car insurer? LONDON (Reuters) - Over 11 million drivers would resist telling their insurers the truth to ensure a payout, according to a survey.
05/09/2008 05:44 PMConsumer morale hits record lows LONDON (Reuters) - Consumer morale fell in April to its lowest since records began four years ago as confidence in the economy continues to slide, the Nationwide building society said on Wednesday.
05/02/2008 01:23 PMHouse prices fall at sharpest pace since 1993 LONDON (Reuters) - House prices suffered their steepest annual fall in 15 years in April, stoking fears of a deep downturn, as figures showed more than 25,000 people succumbed to bad debt in the first three months of the year.
05/07/2008 01:27 PMBank urged to improve crisis response LONDON (Reuters) - The Bank of England needs to improve its handling of financial stability and communications, MPs said on Wednesday, as pressure grows on financial authorities to bolster how they deal with crises.
05/06/2008 08:27 AMGas price surge threatens bigger bills LONDON (Reuters) - Wholesale British gas prices have surged this year, outpacing European markets and raising the prospect of bigger energy bills for homes and businesses soon.
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