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RBS gives six-month buffer zone to struggling borrowers

Move will put pressure on HBOS
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Northern Rock follow RBS move on repossessions

Nationalised bank adopts six-month waiting period
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Bank cuts UK interest rates by 1%

Major cut made for second consecutive month
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New voluntary code for broadband providers

Scheme announced in June 2008 comes into effect this month
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Third of Britons ?trying to save more?

Consumers cut back on spending to free up cash for savings
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Energy companies under pressure to reduce prices

Firms urged to pass on oil savings
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CC wants restrictions on catalogue PPI

The Competition Commission has recently stated that it wants to see restrictions placed on the sale of payment protection Insurance alongside goods that are sold in catalogues. The insurance, known simply as PPI, is designed to cover repayments on the debt in the event that the policyholder is unable to …
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AEGON launches new website for IHT planners

AEGON Scottish Equitable has launched a new website for financial advisers and their clients grappling with inheritance tax (IHT) planning.
The facility can be used to help reduce the level of clients’ IHT liability and includes tips on the subject, such as the importance of using a Will to maximise an individual’s IHT nil rate [...]

Further delay for Equitable Life policyholders

The Government has once again disappointed Equitable Life policyholders by delaying its response to a report by the Parliamentary Ombudsman, Ann Abraham, for a further month.
In 2000, over one million investors in the UK’s oldest mutual Insurance company lost up to 50% of the value of their pension funds when Equitable Life came close to [...]

Pre-Budget Report in brief

How the Pre-Budget Report will affect you
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Bank governor hints at more aggressive rate cuts

Committee may need to rethink its strategy for UK rates
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?Behavioural data? to be shared by credit card companies

Data will be shared from next month
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Card firms agree to help struggling borrowers

Industry will report to government in two weeks
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House prices drop for 14 consecutive months

Figures from the Land Registry view house prices over time
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Decrease in mortgage approvals in October

House prices will drop further
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