Money News

November 2008

• New diamond credit card for multi-millionaires

  03.11.2008

  Card has a 0.02-carat diamond and is ?laced with gold?
• Fifth of households face negative equity

  03.11.2008

  Homeowners in trap as house prices plunge
• People struggle to pay household bills

  04.11.2008

  Increase in people not paying their gas and electricity bills
• Emails for Icesave customers

  05.11.2008

  230,000 UK savers will receive emails telling them how to get their money back
• Increase in mortgage rates by Abbey

  05.11.2008

  Rates increased despite expectations of a cut in UK interest rates
• October sees 2.2% drop in house prices

  06.11.2008

  Average home now costs £168,176
• £800m Icesave compensation bill for Treasury

  06.11.2008

  Treasury will compensate 240,000 UK savers
• Government meets with lenders

  07.11.2008

  Lenders urged to pass on rate cuts
• Base rate cut will not affect credit card APRs

  07.11.2008

  Customers told repayments unlikely to drop
• Inflation sees biggest drop in 16 years

  18.11.2008

  Consumer inflation falls from 5.2% to 4.5%
• Bank voted unanimously for 1.5% rate cut

  19.11.2008

  Suggestion of further cuts in coming months
• Increase in mortgage lending in October

  20.11.2008

  Lending sees slight increase but is likely to remain low
• October sees increase in property sales

  21.11.2008

  Sales go up by 8% last month
• Pre-Budget Report in brief

  25.11.2008

  How the Pre-Budget Report will affect you
• Bank governor hints at more aggressive rate cuts

  25.11.2008

  Committee may need to rethink its strategy for UK rates
• 'Behavioural data' to be shared by credit card companies

  26.11.2008

  Data will be shared from next month
• Card firms agree to help struggling borrowers

  27.11.2008

  Industry will report to government in two weeks
• House prices drop for 14 consecutive months

  28.11.2008

  Figures from the Land Registry view house prices over time

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