Chancellor defends VAT incre...

January 06, 2011

With VAT increasing from 17.5% to 20% on the 4th of January, Chancellor of the Exchequer GeorgeOsborne has defended the move as “the least damaging” option. Labour MPs have expressed oppos...

Panic On The Streets of Lond...

January 05, 2011

The fear of rising interest rates have left many homeowners panicking and subsequently looking to remortgage, the Bank of England has claimed. Bank of England stats showed a 42% jump in the number of...

Currency Calculator...

December 28, 2010

Foreign currencyConsumers often waste thousands of pounds by using their bank to send money abroad.Major institutions often add large fees and offer poor exchange rates when transferring money to an o...

Interest Rate Rise Spells Tr...

December 20, 2010

The Confederation of British Industry has predicted that higher-than-expected inflation will force the Bank of England to raise rates as early as the Spring and that rates could rise by 2.25 percentag...