Households will be hit by credit crunch coming months, as lenders crack down handing out mortgages, loans credit cards, Bank of England said today Bank of England "> Households will face borrowing crunch - Households will be hit by credit crunch coming months, as lenders crack down handing out mortgages, loans credit cards, Bank of England said today Bank of England ">

Finance Articles


Bank faces rates dilemma as oil price soars

Home  Jan, 2008

Bank faces rates dilemma as oil price soars - Consumers who face soaring petrol bills mortgage payments are hoping for rate cut next week, but Bank of England faces threat of rising inflation Bank of England, Mervyn King Households will face borrowing crunch - Households will be hit by credit crunch coming months, as lenders crack down handing out mortgages, loans credit cards, Bank of England said today Bank of England



Bank faces rates dilemma as oil price soars  [01/03/2008 01:17 PM]
Consumers who face soaring petrol bills and mortgage payments are hoping for a rate cut next week, but the Bank of England faces the threat of rising inflation Bank of England, Mervyn King
Households will face borrowing crunch  [01/03/2008 01:17 PM]
Households will be hit by the credit crunch in the coming months, as lenders crack down on handing out mortgages, loans and credit cards, the Bank of England said today Bank of England
Market report: Thursday latest  [01/03/2008 01:17 PM]
12.00:Shares in the big housebuilders almost halved last year and it does not look as though conditions will improve during the first half of 2008 Asian markets
MPs call for data gaffe officials to be charged  [01/03/2008 01:17 PM]
Officials in the public and private sectors should face criminal charges if they put people's data security at risk, an influential group of MPs said todaycharged Bills
10,000 people to go bust in three months  [01/03/2008 01:17 PM]
Ten thousand people will go bust in the first three months of the year as a result of excessive festive spending, it was claimed today Debt
$100 a barrel: oil poses threat to economy  [01/03/2008 01:17 PM]
Oil soared through the $100-a-barrel mark last night, stoking fears of higher petrol prices and rampant inflation Oil rig
Five years more debt for women graduates  [01/03/2008 01:17 PM]
Women take five years longer to pay off their student debts than men, figures showed yesterday Woman Graduates
Brown gets blame as UK falls into red  [01/03/2008 01:17 PM]
Britain's public finances have suffered the most dramatic deterioration of any leading economy over the course of this decade Gordon Brown
Santander bid hopes send A&L soaring  [01/03/2008 01:17 PM]
Shares in Alliance & Leicester soared 57p to 705p today after reports that takeover talks started by Spain's Banco Santander last month are 'not dead' Alliance & Leicester, Branch
Manufacturing slowdown points to interest rate cut  [01/03/2008 01:17 PM]
Pressure on the Bank of England to cut interest rates again next week rose today when further evidence arrived of a decline in the economy Car Factory
Ocado to deliver baby clothes and flowers  [01/03/2008 01:17 PM]
Internet grocer Ocado is planning an offensive against the major supermarkets by branching out into new areas such as baby clothes and flowers Ocado is the on-line delivery service for Waitrose
New Year begins with Great Train Robbery  [01/03/2008 01:17 PM]
Rail companies faced a backlash from passengers and politicians today as they raised fares by up to 14.5% Virgin Train
Tough times ahead for the High Street  [01/03/2008 01:17 PM]
The brutal festive trading period was not a complete disaster for retailers, but a leading analyst now warns 2008 will be even more challenging for the High Street Christmas Shops
Interest payments soar to £93bn  [01/03/2008 01:17 PM]
Britain's interest repayments have soared by £12.7bn to a record £93bn a year - raising fears that many families' finances are spinning out of control worried borrower-debt
5m 'gold' pensions in public sector  [01/03/2008 01:17 PM]
Public sector workers on 'gold-plated' pension schemes outnumber their private sector counterparts by more than five to one for the first time Teacher with pupil
A shocking start for 2008  [01/03/2008 01:17 PM]
Perhaps it is not quite the prosperous start to 2008 we have all been wishing each other. Unless you are a gold bug or happen to have taken a very long position in oil, the New Year is off to a tricky start
Hetherington: victim of European scam fights back  [01/03/2008 01:17 PM]
Financial Mail's readers' champion warns that the bark of a notorious organisation called the European City Guide is worse than its bite
30 second guide to dead cat bounce  [01/03/2008 01:17 PM]
The Daily Mail City Team explain exactly what is meant by dead cat bounce