Personal lender records gains March 2, 2011 International Personal Finance, the emerging markets lender, expects to make further progress this year after growth in its main markets propelled a sharp rise in 2010 profits. International Personal Finance’s pre-tax profit for the year to December rose 49.3 per cent to £92.1m, compared with a market forecast of £93.5m. The firm operates in eastern [...]
UK consumer confidence stalls March 31, 2011 UK consumer confidence stalled in March at the same level as February, a closely-watched survey has shown. The GfK NOP Consumer Confidence Index remained static at -28 in March, as marginal increases in people’s perception of the UK’s economy this year and next were offset by falls in the public’s confidence in their own finances. [...]
PERSONAL FINANCE NEWS June 24, 2010 PAY BY CARD TO GAIN REWARDS Savvy shoppers could earn substantial rewards by whacking all their day-to-day spending on the plastic. Based on an average household spend of £386.30 per week on a reward credit card, and by paying off the balance in full each month, Confused.com research shows after just one year, some of [...]
FirstGroup’s Carr moves over to Ahold September 14, 2011 DUTCH supermarket group Ahold yesterday appointed Jeff Carr as its new chief financial officer, picking an executive with experience at Unilever, Associated British Foods and easyJet. Carr, 49, is currently a board member at transport company FirstGroup and personal care products group McBride. Both firms said that he will be standing down, and FirstGroup said [...]
FirstGroup’s Carr moves over to Ahold September 14, 2011 DUTCH supermarket group Ahold yesterday appointed Jeff Carr as its new chief financial officer, picking an executive with experience at Unilever, Associated British Foods and easyJet. Carr, 49, is currently a board member at transport company FirstGroup and personal care products group McBride. Both firms said that he will be standing down, and FirstGroup said [...]
QE3 is still on the table, Fed minutes show October 12, 2011 A CONTROVERSIAL third phase of quantitative easing could still be on the cards in the US, it emerged last night. Two of the Fed’s 10-person committee “said that current conditions and the outlook could justify stronger policy action” than the central bank’s Operation Twist, the minutes to its September meeting revealed. Operation Twist – which [...]
QE3 is still on the table, Fed minutes show October 12, 2011 A CONTROVERSIAL third phase of quantitative easing could still be on the cards in the US, it emerged last night. Two of the Fed’s 10-person committee “said that current conditions and the outlook could justify stronger policy action” than the central bank’s Operation Twist, the minutes to its September meeting revealed. Operation Twist – which [...]
PERSONAL FINANCE NEWS June 17, 2010 £900M SPENT ON OVERSEAS CARD FEES Holidaymakers are wasting almost £900m in credit and debit card charges every year by using these cards abroad. Research by FairFX.com showed that 56 per cent of travellers don’t know what charges they incur by using their credit or debit card in an ATM abroad. Charges average 2.75 per [...]
House prices down in September October 6, 2011 House prices unexpectedly fell 0.5 per cent in September and were 2.3 per cent lower in the three months to September compared with a year ago, a survey by mortgage lender Halifax showed. Analysts had expected a rise of 0.2 per cent on the month, for a three-month annual fall of 2.1 per cent. September’s [...]
House prices down in September October 6, 2011 House prices unexpectedly fell 0.5 per cent in September and were 2.3 per cent lower in the three months to September compared with a year ago, a survey by mortgage lender Halifax showed. Analysts had expected a rise of 0.2 per cent on the month, for a three-month annual fall of 2.1 per cent. September’s [...]