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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Finance
HMV up for sale?
One million UK homeowners to see 30% increase in loan payments
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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Bank of England may have to increase by 0.5 percent
At the beginning of this month the odds were pretty much 50/50 that the Bank of England would leave rates on hold as the CPI fell to 2.7 percent. Today the office of national statistics published the latest figures that show the CPI has jumped a massive 0.4 percent to 3.1 percent. This also...
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UK Housing indicates further rate increases
British mortgage lending rose strongly again, building society mortgage approvals hit a record high and money supply growth picked up in January, bolstering the case for higher interest rates this year. ‘It seems highly likely that interest rates will rise further still before long,’ said Howard Archer, an economist Global Insight. The British Bankers’...
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Yen falls after rate increase
The yen fell for a fourth day as the Bank of Japan said interest-rate increases will be gradual, after policy makers raised borrowing costs for the second time in eight months. Japan’s currency declined after the central bank, which voted 8-1 to increase its overnight lending rate a quarter percentage point to 0.5 percent,...
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