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Items tagged "Finance"
Bankruptcies on the rise
The number of people declaring themselves bankrupt increased by 75% in the third quarter of this year. Figures from the Ministry of Justice showed that 13,653 people in England declared...
Post Office holds on to card account
The Post Office has beaten off competition from a private firm to continue to run its benefit card account. The Government has renewed the Post Office's contract to run the card, which is used...
Insolvencies on the rise
Insolvencies in England and Wales rose by nearly 9% in the third quarter, new figures have shown. Latest statistics from The Insolvency Service show that 27,087 people were made insolvent in...
'Barriers to business' survey slams banks and regulations
Banks are seen as one of the biggest barriers to small firms, according to a survey by the Federation of Small Businesses (FSB). In the poll of 8,700 FSB members for the report 'Putting the...
Interest rate cut to 3%
The Bank of England has cut its interest rate by one-and-a-half percentage points to 3%. The bank's Monetary Policy Committee slashed rates to the lowest level since 1995 at its meeting on...
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