News

Up to 40 per cent have not made key checks on their credit rating or electoral roll entry

Prepaid plastic is the new must-have for credit-crunch holidays

Travellers can avoid transaction costs, fluctuating exchange rates and overspending, with a bit of pre-break research.

Cattles shareholders face wipe-out after breach of bank covenants

Shareholders in Cattles could be wiped out after the sub-prime lender revealed it had breached its banking covenants and had suspended its finance director over accounting errors.

One blot on your credit record and you can forget about a mortgage

Bankruptcy could ruin your chances of getting a loan for the next 10 years, writes Laura Howard. Even neglecting to pay a phone bill could put lenders off

Rexam shares slide on S&P ratings cut

Rexam, the FTSE 100-listed drinking can maker, announced solid full-year 2008 results yesterday, saying that pre-tax profits were up £83m to £328m. But the share price fell by 10 per cent to 278.5p, a 12-month low, as the group said its focus this year would be on cash generation and cost-cutting.

Zopa takes up where the banks leave off

Julian Knight and Nargis Ahmad look at the site matching individual lenders and borrowers who recoil from high-street rates

How to make your credit cards pay

Britain's credit-card market is one of the most competitive in the world. Most cards have no annual fees, offer attractive interest-free introductory periods, and come with generous loyalty schemes. The downside is that they also charge hefty interest rates – typically between 15 and 20 per cent APR – meaning that they're an inefficient way of borrowing for any period of time.

Jeremy Warner: McDonald's has better credit rating than Britain

Outlook The market never lies. Britain is more likely to go bust than McDonald's and Coca-Cola, if spreads on "credit default swaps" (CDSs), which measure the cost of insuring debt against the risk of default, are anything to go by. As our graphic on page 37 shows, some time towards the end of September, or about the same time as Bradford & Bingley was nationalised, the cost of insuring British Government debt against default became more expensive than that of a number of leading American companies.

Beginner's guide to: Overdrafts

Now banks raise credit card costs

Banks have increased interest rates on credit and debit cards held by tens of millions of shoppers despite the cost of borrowing falling to its lowest level for more than 50 years, research for The Independent reveals today.

Meet the credit card that can cut the cost of your Christmas spree

Cashback deals could save you money, if you are smart. Nargis Ahmad and Julian Knight report

Summer camp beckons for mini-billionaires

Today's feckless, globe-trotting billionaires squander their fortunes in Hamptons' night-clubs, or St Tropez, or Court 13 of the Royal Courts of Justice. But for tomorrow's generation, the business of being rich – and staying that way – will require an awful lot more hard work.

B&B braced for damaging credit rating report

Bradford & Bingley was last night preparing for more bad news, with the rating agency Moody's set to cut the mortgage bank's credit rating, just days before a crucial shareholder vote.

How much would you pay to stop them stealing your ID?

For up to £60 a year, you can take up a service that alerts you to financial applications made in your name. Kate Hughes asks if it's worth it
Latest stories from i100
Career Services

Day In a Page

A
Independent Travel
Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
Minoan Crete and Santorini
Prices correct as of 15 May 2015
Is this the future of flying: battery-powered planes made of plastic, and without flight decks?

Is this the future of flying?

Battery-powered planes made of plastic, and without flight decks
Isis are barbarians – but the Caliphate is a dream at the heart of all Muslim traditions

Isis are barbarians

but the Caliphate is an ancient Muslim ideal
The Brink's-Mat curse strikes again: three tons of stolen gold that brought only grief

Curse of Brink's Mat strikes again

Death of John 'Goldfinger' Palmer the latest killing related to 1983 heist
Greece debt crisis: 'The ministers talk to us about miracles' – why Greeks are cynical ahead of the bailout referendum

'The ministers talk to us about miracles'

Why Greeks are cynical ahead of the bailout referendum
Call of the wild: How science is learning to decode the way animals communicate

Call of the wild

How science is learning to decode the way animals communicate
Greece debt crisis: What happened to democracy when it’s a case of 'Vote Yes or else'?

'The economic collapse has happened. What is at risk now is democracy...'

If it doesn’t work in Europe, how is it supposed to work in India or the Middle East, asks Robert Fisk
The science of swearing: What lies behind the use of four-letter words?

The science of swearing

What lies behind the use of four-letter words?
The Real Stories of Migrant Britain: Clive fled from Zimbabwe - now it won't have him back

The Real Stories of Migrant Britain

Clive fled from Zimbabwe - now it won’t have him back
Africa on the menu: Three foodie friends want to popularise dishes from the continent

Africa on the menu

Three foodie friends want to popularise dishes from the hot new continent
Donna Karan is stepping down after 30 years - so who will fill the DKNY creator's boots?

Who will fill Donna Karan's boots?

The designer is stepping down as Chief Designer of DKNY after 30 years. Alexander Fury looks back at the career of 'America's Chanel'
10 best statement lightbulbs

10 best statement lightbulbs

Dare to bare with some out-of-the-ordinary illumination
Wimbledon 2015: Heather Watson - 'I had Serena's poster on my wall – now I'm playing her'

Heather Watson: 'I had Serena's poster on my wall – now I'm playing her'

Briton pumped up for dream meeting with world No 1
Wimbledon 2015: Nick Bollettieri - It's time for big John Isner to produce the goods to go with his thumping serve

Nick Bollettieri's Wimbledon Files

It's time for big John Isner to produce the goods to go with his thumping serve
Dustin Brown: Who is the tennis player who knocked Rafael Nadal out of Wimbeldon 2015?

Dustin Brown

Who is the German player that knocked Nadal out of Wimbeldon 2015?
Ashes 2015: Damien Martyn - 'England are fired up again, just like in 2005...'

Damien Martyn: 'England are fired up again, just like in 2005...'

Australian veteran of that Ashes series, believes the hosts' may become unstoppable if they win the first Test