Economy Latest

The latest economy news is brought to you by Debts so you can keep up-to-speed on the decisions and events affecting your finances.

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Payment Protection Insurance victory

Competition Commission impose new rules on PPI providers

Lloyds offer first time buyers 95% mortgage

Deal comes with a catch for parents

Credit Cards criticised over interest hike

Almost 100% of customers compensated, say FOS

Mortgage lending down 60% on year

Gross lending values give little reason for cheer

Cities worst hit by recession

Statistics show true extent of Britain’s recession

Darling forecasts end of year recovery

Half of City economists support last quarter prediction

Halifax accused of smudging valuations

Customers complain of lending tricks

Economy contracts 1.5% in first quarter

Recession bears hallmarks of 1979

Debtors given 30 day breathing space

Government tackle unpaid bills epidemic

G20 agree on $1.1 trillion stimulus package

International Monetary Fund to receive handouts from leading nations - but is the truth hiding behind the hype?

Skepticism over Propery Price Increase

Economists and lenders play down 0.9% value increase

Mortgage approvals up 19%

February figures offer hope to property market

Britain’s Recession Worse Than Expected

GDP decline exceeds early forecasts

Treasury concerned over lack of gilt sales

Uncertainty over Britain’s ability to repay debt billions

Will quantitative easing work?

Bank pins hope on £75bn cash injection