Archive for June, 2007

Interest rates to rise in UK next week

June 27, 2007
By invandbiznews
Interest rates to rise in UK next week

The likelihood of a further interest rate rise next week were raised significantly this Tuesday when the deputy governor of the Bank of England said current rates were too low to curb credit and demand growth. In explaining his decision to vote for a rate rise this month, Sir John Gieve, the bank’s deputy...
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HMV up for sale?

June 25, 2007
By invandbiznews

HMV Group has been on the sidelines recently as far as news is concerned. There has however, been much whispering going on behind closed doors it seems. With results out this week looking to be dismal there doesn’t seem to be much going for the company – yet in the last few weeks the...
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Posted in Finance, Markets, Media and Tech | Comments Off

Houses 10 times earnings of bottom 25 percent

June 7, 2007
By invandbiznews

Dire predictions from the NH&PAU that the bottom quarter of or population will never be able to afford housing. Not since Margaret Thatcher walked the floor boards of number ten have things looked so bad for the more vulnerable in our  society. From BN …  According to the National Housing and Planning Advice Unit,...
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One million UK homeowners to see 30% increase in loan payments

June 2, 2007
By invandbiznews

As storm clouds gather and the UK suffers unseasonably bad weather, reading the press over the last few days it seems that further bad news is on the way. Is it just a gloomy time of the year or did the UK have it too good for too long? Is Gordon Brown about to...
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Posted in Finance, Property | Comments Off

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