Mortgage lending falls to record low

Mortgage approvals agreed by the UK’s high street banks fell sharply in January fell, sparking fears about the state of the housing market. Mortgage approvals were down from December at 35,083 and just £8.02 billion was lent during January

Why our best buy tables are different

Comparison sites can be very useful and save time in helping you research the best deal for your savings. However, they are not all compiled in the same way. Many are independent, however some are not and do not show the best rates currently on offer because of the commercial relationships that they have with certain banks and building societies

Fall in tax receipts spark fears of double dip recessions

Figures released yesterday by the Office for National Statistics (ONS) showed that the government borrowed a further £4.3 billion last month. January is normally a bumper month for the Treasury with Self Assessment tax payments causing a rise in revenues, however tax receipts from both Income and Capital Gains tax were insufficient

Unemployment figures signal double dip recession?

The latest set of unemployment figures were certainly confusing, on the face of it a drop of approximately 3,000 is to be welcomed, but if you delve further into the figures the news is not so great