News

The US Federal Reserve said it would continue to reduce its bond buying stimulus program by $10 billion a month and will keep interest rates extraordinarily low for as long as required.

£500m borrowed by businesses and households in new Bank of England scheme

The scheme was launched over the summer to offer lenders funding at low interest rates on condition it is passed on to households and businesses

If you make payments on time your credit score will improve

Money Insider: Consider options before signing up for payday loan

Banks, building societies and credit card companies may be offering attractive borrowing rates at the moment, but if you haven't got a near-perfect credit history, there's a good chance that your application will be declined.

Battle to control rogue payday lenders continues

Payday loan campaigners were celebrating a major victory this week after the Government agreed to crack down on the charges and unscrupulous practices of high-cost credit companies.

America builds up to a return

The country's housing market dictates when the wider economy will recover. Some experts say it has turned the corner, but has it?

Anthony Hilton: Surrounded by zombies, but destroying them still won't change anything

There have been fewer company failures in this time of low growth than in the boom

Vodafone dials up huge charges in southern Europe market

Vodafone showed yesterday there is no let-up in the financial woes in southern Europe as it wrote off £5.9bn on the value of its businesses in Spain and Italy, tipping the mobiles giant into a half-year loss of £492m.

Vodafone write-offs in southern Europe wipe out profits

Vodafone yesterday showed there is no let-up in the financial woes in southern Europe as it wrote off £5.9bn on the value of its businesses in Spain and Italy, tipping the mobiles giant into a half-year loss of £492m.

Anthony Hilton: Bank’s new Governor must answer to us

The Channel Islands Stock Exchange is a thriving Guernsey based business working closely with firms in the City to provide market listing, international fund management and property activities. Business is booming and on Tuesday evening it said thank you to its City friends with a dinner and a debate in The Mansion House, the Lord Mayor's glittering official residence.

Poverty causes people to worry leading to cycle of deprivation, says study

Poverty causes people to spend more time obsessively worrying about short-term problems which can make matters worse according to a study that could explain why being poor leads to a cycle of deprivation.

Spotlight On: Coventry's Poppy bond

The deal

US Fed to stick to stimulus until jobs pick up

America's central bankers yesterday reiterated their promise to support the still-weak US economy until it started generating enough jobs, acknowledging bright spots in areas such as housing, but warning that joblessness remained "elevated".

Huge rise in numbers of working people receiving housing benefit

Rising rentals and house prices could see millions more relying on Government support as rents hit new high

Wonga have a shirt sponsorship deal with Blackpool

Football sponsors should undergo 'fit and proper' test hear MPs following Wonga link-up with Newcastle United

Companies planning to advertise with football teams should undergo a “fit and proper” test, MPs heard today, as the row over Wonga's link-up with Newcastle United continued.

The Business Matrix: Wednesday 17 October 2012

Greece sells ports and refinery

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