moneynet.co.uk financial news feed
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• halifax confirms house price falls
  House prices are falling and putting pressure on the Bank of England to cut interest rates, the Times has reported. Results from the Halifax building socie
• show-offs bring on crime
  
• down a quarter
  Interest rates have been cut by 0.25 per cent, the Bank of England has announced. The Bank's Monetary Policy Committee (MPC) made the decision after fi
• mortgage industry must 'learn its lesson'
  Lenders who provide mortgage products should consult internally and learn some vital lessons, according to one industry chief. The advice came from Jon Pain, chairman
• mortgage first, family second
  Many people are insured to cover their mortgage but fail to protect their family or renew policies after their circumstances have changed, claimed a leading
• financial experts say 'down'
  Industry experts have unanimously predicted interest rates will fall, a recent poll has revealed. The consensus was for a series of cuts, with rates dropping
• shop smart at christmas
  The Citizens Advice Bureau (CAB) has joined with Barclaycard to issue a credit card-sized guide to smarter Christmas shopping. It contains ten smart shopping tips
• no flood plain insurance
  The head of Britain's Environment Agency (EA) has asked firms to refuse insurance for homes built on flood plains against its advice. Baroness Young has call
• good news for buy-to-let
  Despite reports that some mortgage holders are facing difficulties, the buy-to-let sector remains strong, according to one lender. Rental incomes increased in October by 0.9 p
• uk supermarket goes stateside
  Tesco is planning a huge expansion into the US market and could open 1,000 stores, the Guardian has reported. The supermarket has 31 per cent
• new credit card deadline
  Major banks have brought in new credit card deadline dates that reduce the length of interest free repayment periods. The Royal Bank of Scotland Group h
• automatic insurance increase
  Many home contents insurance policies will automatically increase the sum of items insured over the Christmas period, the Association of British Insurers (ABI) has warned. Spokesperso
• shop for credit cards
  Christmas shoppers should look for the best deals on credit cards as new charges have caused confusion in the market, according to one expert. Custome
• green bills down
  Spending on ethical goods and services has risen by almost 50 per cent in five years but 'green' utility bills have yet to flower, according
• 'natural slowdown' in mortgage lending
  The reduction in mortgage approvals is less dramatic than reported and more of a 'natural slowdown', the Council of Mortgage Lenders has reported. The British Banker
• 'rainy day' savers leave credit cards unpaid
  Consumers with money tucked away for a rainy day often continue to carry over credit card debt from month to month, new research has found.
• club 50 plus
  The over-50s are in a better position to travel longer and have more money to help them reach their destination than younger generations, according to
• crunch hits uk mortgages
  Borrowers could be in real financial difficulty as the recent credit crunch may force lenders to consider one-third of their customers as 'high risk'. A rece
• market 'supportive' despite house price fall
  House prices fell in November but the market remains supportive, it was announced today. The Nationwide House Price Report has revealed that prices dropped by 0
• world experts predict downturn
  Difficulties in financial markets and rising oil prices could damage the world economy and cause problems in the UK, according to financial experts. The International Moneta
• elderly struggle to get cover
  Older people can find it 'very difficult' to take out new life insurance, according to one independent financial advisor. People aged over 85 may need
• stuck on you
  Two- thirds of UK drivers have not changed their car insurer in the last year and remained loyal despite the possibility of finding lower
• cbi to question darling
  The Confederation of British Industry (CBI) will quiz chancellor Alistair Darling about his proposal to increase capital gains tax. Mr Darling will speak at t
• beware 'stripped down' travel insurance
  Travel agents sometimes offer travel insurance that is lacking in cover, as they want to pay the minimum themselves the (British Insurance Brokers' Association (BIBA)
• savers 'lax' over monitoring bank accounts
  The majority of British savers would fail to notice if £1,000 went missing from their bank account, a new study has suggested. Mobile banking service Monili
• gross lending up 6% in october
  Newly released figures from the Council of Mortgage Lenders (CML) show that gross lending figures grew to £32.4 billion last month. The uptick marks a s
• direct line ups home contents cover for xmas
  Direct Line has announced that it is to increase its home contents insurance in the run-up to Christmas. The move is intended to ensure homeowners ha
• mortgage approvals hit record low
  New mortgage approvals have fallen to an all-time low with lenders showing greater caution. Figures from the British Bankers Association (BBA) revealed that lenders agre
• christmas credit cards' cost
  Credit card users could face annual fees because lenders are having difficulty getting their money back, a new report has warned. The study by PricewaterhouseCoope
• branson bids for northern rock
  Richard Branson's Virgin Group is leading a bid for Northern Rock that could see it invest £1 billion in cash and take control of the
• teens pocket â£29 billion in allowances
  British Teenagers get £29 billion in pocket money each year, according to new research from Abbey. That means that the average 11 to 18-year-old receives £12.