NEWS ARCHIVE

Armed forces redundancies announced

23rd January 2012 - The Ministry of Defence announces its second round of redundancies.

Co-operatives Bill to cut red tape and help to build a fairer economy

20th January 2012 - The Prime Minister has announced plans to cut the red tape associated with co-operatives so members can share the benefits.

Growth returned to mortgage lending in November 2011

19th January 2012 - Mortgage lending experienced a year-on-year rise for only the second time in 2011.

More job losses expected in 2012

18th January 2012 - Federation of Small Businesses (FSB) predict more job losses in 2012 as unemployment figures rise again.

Job market has its ups and downs

17th January 2012 - Household names Blacks Leisure Group, La Senza and Little Chef have all undergone some changes recently with some jobs saved and others lost.

CIPD predicts unemployment to increase by over 100,000 in 2012

16th January 2012 - The Chartered Institute of Personnel and Development (CIPD) has produced its Annual Barometer report this month forecasting that the unemployment situation in the UK is set to worsen.

UK economy contracting more than previously thought

13th January 2012 - Forecaster says the UK economy is contracting more than previously thought.

Food banks helping feed those without work

12th January 2012 - New foodbanks giving food for free to those in need are opening their doors in the UK and established foodbanks are reporting a rise in demand.

More public sector job losses likely in 2012

11th January 2012 - The 1.6 million people who work for England's 353 councils are the country's largest workforce with an annual pay bill of almost £30 billion.

Home Repossessions 'To Rise 22% in 2012'

10th January 2012 - Britains lenders have warned of a sharp rise in the number of home repossessions during the next year.

Rescue plan for 'mortgage prisoners': Banks told to help thousands caught in negative equity

9th January 2012 - Homeowners trapped by the falling value of their homes could soon receive a lifeline from banks offering loans to enable them to move home.

Green measures will not lead to 'astronomical' energy bills: analysis

6th January 2012 - UK Government official climate change advisers have calculated that average household energy bills will rise by £190 by the end of the decade.

Millions turning to credit cards & payday loans to pay for their home

5th January 2012 - According to recent research for Shelter, one in seven Britons has turned to credit to help pay their rent or mortgage over the last year.

More young people turning to debt relief orders because of higher debts

4th January 2012 - Research on how young people in the UK are dealing with the continuing economic crisis, published recently by The Insolvency Service, has caused concern over how young people are struggling to manage their debt.

New mortgage lending rules set out by FSA lambasted

3rd January 2012 - The Financial Services Authority (FSA) wants tough new guidelines to stop a resurgence of excessive and risky mortgage lending.

Barclays Bank May Pay £1bn Worth Of PPI Reclaims Using Bonuses

20th December 2011 - Chief Executive Officer Bob Diamond has put forward the notion that Barclays Bank is considering cutting bonuses as penance for the cost of its £1bn fine for mis-selling PPI.