Thinking Money | Free Financial Advice and Tips

Annual inflation turns negative in March 2009

Posted on 22. Apr, 2009.

UK annual inflation measured by the Retail Prices Index (RPI) went negative in March 2009, to -0.4%, down from zero in February 2009.

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Bank of America Triples Profits To £2.8bn

Posted on 20. Apr, 2009.

Bank of America is one of the many American financial institutions that have announced positive figures for the first quarter of the year.

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CBI: UK economy will start growing again in Spring 2010

Posted on 20. Apr, 2009.

According to the Confederation of British Industry, the economic slowdown should ease in the second half of 2009 but the economy will only start growing again in spring 2010.

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Unemployment Is Rising – How Can You Be Prepared?

Posted on 18. Apr, 2009.

You have heard the news – “Retail sales plunged in February, posting the lowest annual growth rate in more than a decade…,” UK.Reuters reports. The same article went on to say that with “unemployment soaring” – it means that many people are going to have to tighten their belts and prepare for continued tough economic times. The good news, though, is that this kind of times can be weathered. Here are some tips how you can get through these tough times and save money.

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Generation Anxiety: Financial Downturn Contributes to 7m Anxious Britons

Posted on 14. Apr, 2009.

According to a report from the Mental Health Foundation, more than seven million Britons are living with anxiety problems. Two in three say the financial downturn has caused them to be anxious, fuelled by 24-hour news and ‘worst case’ images used by politicians.

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Car dealer finance is still the most popular way to fund car purchases

Posted on 14. Apr, 2009.

Despite a sharp decline in demand during February 2009, car dealer finance remains the most popular way to fund car purchases, according to the Finance and Leasing Association (FLA).

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Credit card interest rates continue to rise

Posted on 07. Apr, 2009.

Despite sharp reductions in the Bank of England base rate, credit card interest rates have reached their highest level for two years.

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Mortgage approvals rise in February, says Bank of England

Posted on 30. Mar, 2009.

Mortgage approvals in the UK increased unexpectedly in February 2009, according to official figures from the Bank of England.

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1 in 3 Small Companies Struggling To Access Credit

Posted on 20. Mar, 2009.

According to a survey of 6,000 of its members by the Federation of Small Businesses, a third of small firms are struggling to access credit.

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Where Are Interest Rates Headed?

Posted on 16. Mar, 2009.

Recent economic turmoil around the world has affected financial markets everywhere. This means that interest rates are dropping – and the Central Bank of England has just dropped them even lower. This means that now could be the best time to get a loan or to buy a home.

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