Tag Archive: April
Investment banks drive April rise in City jobs
The City jobs market showed signs of improvement in April as investment banks stepped up recruitment, having been buoyed by better results. According to financial services recruitment firm, Astbury Marsden, around 3,455 City job vacancies were created last month, representing … Read more
ISA limit set to rise by £470
The upper limit on savings in the ever-popular tax-free Individual Savings Account (ISA) should rise by £470 in April 2011. In the emergency Budget brought in by the Coalition Government in May, the annual increase was set at the rate … Read more
Unsecured lending plummets
The consumer credit market is shrinking fast and Britons could be faced with even less choice and access to credit in future. So says the Finance and Leasing Association (FLA), which has just published its latest unsecured lending figures. According … Read more
German Chancellor attacks quantitative easing
German Chancellor, Angela Merkel, has publicly criticised the Government’s quantitative easing policy, warning that flooding the UK economy with new money could worsen the economic crisis. The programme actually involves the Treasury stretching its balance sheet to buy up assets, … Read more
Debt Relief Orders have arrived
Debt Relief Orders come into effect in England and Wales from today, 6th April. The new legislation allows borrowers who meet certain criteria to have a debt of £15,000 or less written off by the Official Receiver. Applications should be … Read more
Banks report sharp rise in deposits
Latest figures from the British Bankers’ Association (BBA) show a sharp rise in deposits during April. UK consumers invested a record £5.8 billion in personal bank accounts during the month, up from £2.8 billion in March and well ahead of … Read more