Reuters: Personal Finance News

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03/16/2010 01:47 PM

Bank customers to get overdraft opt-out option

LONDON (Reuters) - Bank customers could soon be offered the ability to "opt out" of unarranged overdraft facilities, sidestepping hefty fees levied if they slip inadvertently into the red, the Office of Fair Trading said.

03/15/2010 08:13 AM

New rights for credit card holders

LONDON (Reuters) - The government announced new rights for credit card users on Monday that it says will save consumers millions of pounds and give them more control over their finances.

03/15/2010 08:12 AM

House price growth slows

LONDON (Reuters) - The annual growth in asking prices for residential property in England and Wales slowed in March for the first time in a year after a glut of houses came on to the market, property website Rightmove said on Monday.

03/15/2010 01:29 PM

Mineral water ousts fizzy drinks in CPI basket

LONDON (Reuters) - Canned fizzy drinks are out and small bottles of mineral water are in, according to the Office for National Statistics in its latest annual rejig of the "shopping basket" of goods it uses to calculate inflation.

03/12/2010 10:49 AM

Conservatives promise superfast Internet

LONDON (Reuters) - Investing in a high-speed Internet network would open up a new global trade route for Britain, boosting economic recovery and creating thousands of jobs, the Conservatives said on Thursday.

03/12/2010 11:01 AM

Darling says doesn't plan "Christmas tree" budget

LONDON (Reuters) - Chancellor Alistair Darling said on Thursday that he did not plan generous giveaways in his March 24 budget, and that plans to halve the budget deficit over four years were non-negotiable.

03/11/2010 05:49 PM

Iceland hopes Icesave talks can start next week

COPENHAGEN (Reuters) - Iceland's foreign minister said on Thursday he was hopeful Reykjavik could restart talks with Britain and the Netherlands next week on striking a new Iceland repayment deal.

03/11/2010 11:34 AM

UK inflation expectations nudge higher in Feb - BoE

LONDON (Reuters) - The publics' expectations for inflation over the next 12 months rose slightly to 2.5 percent in February from 2.4 percent in November, a quarterly survey from the Bank of England showed on Thursday.

03/11/2010 11:33 AM

Virgin Media to trial broadband over telegraph poles

LONDON (Reuters) - Cable operator Virgin Media is testing a new technology to deliver ultrafast broadband over telegraph poles which could allow it to extend its reach to another one million homes.

03/11/2010 11:20 AM

Scottishpower to cut gas prices

LONDON (Reuters) - ScottishPower is to cut its standard household gas prices by an average of 8 percent from March 31, a company spokesman said on Thursday.

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