Savings News:
Building Society deposits fall The Building Societies Association (BSA) has reported that net savings balances held by its 53 members fell by £106 million in May, compared to a year earlier, with £494 million withdrawn from retail... [Read more] |
Borrowing News:
Secured credit eases slightly but defaults rise The Bank of England has published its latest Credit Conditions Survey covering the three months to 12th June 2009. During the period, lenders slightly increased the availability of secured credit to households,... [Read more] |
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Employment News:
Cattles completes boardroom clearout Cattles, the doorstep lender that trades as Welcome Financial and Shopacheck, has reported that an independent review of its internal accounting controls has been completed. In March, the firm issued two... [Read more] |
Financials News:
Swiss investment bank UBS has issued an update on its recent financial performance. Given the preliminary results of trading in April and May and preliminary figures for June, UBS has indicated it is forecasting... [Read more] |
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