Finance Articles


Deflation fear as price rises slow to 3.1%

Home  Jan, 2009

Deflation fear as price rises slow to 3.1% - The spectre of deflation - falling prices - loomed large today when official figures revealed inflation fell steeply from 4.1% to 3.1% in a month



Deflation fear as price rises slow to 3.1%  [01/20/2009 01:17 PM]
The spectre of deflation - falling prices - loomed large today when official figures revealed inflation fell steeply from 4.1% to 3.1% in a month
Sterling slips 2% on UK credit-rating fears  [01/20/2009 01:17 PM]
Sterling plunged this morning to seven-year lows against the dollar as fears surfaced that Britain could be heading for a credit rating downgrade
Stock market report: Tuesday latest  [01/20/2009 01:17 PM]
11.30:UBS has raised its rating on the newly enlarged Lloyds Banking Group from neutral to buy because it reckons the shares look cheap. That was the good news
Slump will hurt UK the most, says EU  [01/20/2009 01:17 PM]
Britain will suffer the steepest slump of any major European economy this year, the European Commission has warned
Plan to help financial sector 'not enough'  [01/20/2009 01:17 PM]
Confidence in Britain's tattered banking system decayed further yesterday despite a government rescue effort worth at least £410bn
PPI victory as banks stop sales  [01/20/2009 01:17 PM]
Some of the nation's largest High Street banks have agreed to stop selling the worst type of rip-off Payment Protection Insurance
Darling warns economy could collapse if bailout fails  [01/20/2009 01:17 PM]
Banks will take a further step today towards full-scale nationalisation as hundreds of billions is pumped into banks to try to save the economy
Yet more losses looming for RBS  [01/20/2009 01:17 PM]
Royal Bank of Scotland is facing further mammoth losses during 2009 as the economy sinks ever deeper into the mire, its chief executive warned
Bank is given the green light to print more money  [01/20/2009 01:17 PM]
The Bank of England was today given a licence to print more money to bail out the failing economy
Calls for RBS boss to lose knighthood  [01/20/2009 01:17 PM]
Gordon Brown's closeness to former Royal Bank of Scotland chief Sir Fred Goodwin came under fire amid calls for him to be stripped of his knighthood
Nationwide slashes fixed-rate mortgages  [01/20/2009 01:17 PM]
The UK's biggest building society is to slash the price of its fixed rate deals giving hope that the frozen mortgage market continues to thaw.
Savings expected at Lloyds despite HBOS loan fears  [01/20/2009 01:17 PM]
Lloyds Banking Group attempted to quash fears over the HBOS loan book, and said it expects to make annual cost savings of at least £1.5bn by the end of 2011
EU will buy your old banger for £1,000  [01/20/2009 01:17 PM]
Car owners may be paid £1,000 to scrap their old model if they buy a new 'greener' vehicle under plans being promoted by the EU Industry Commissioner
FSA rule change to ease bank lending  [01/20/2009 01:17 PM]
Banks could have billions more to lend to credit-starved companies and households after banking rules were relaxed yesterday
Barclays fightback fails to ease fears of rescue  [01/20/2009 01:17 PM]
Initial euphoria that Barclays had escaped the worst of the banking crisis evaporated today as analysts predicted the bank will need a handout
Our house was repossessed by mistake  [01/20/2009 01:17 PM]
A family returned home to find the locks changed and a repossession order in place. But it should have been the neighbour's house to be seized
Banks' rescue has barely begun  [01/20/2009 01:17 PM]
Labour calls on banks to clean up their acts  [01/20/2009 01:17 PM]
Whether or not you are a believer in government interference, no one can accuse Gordon Brown or his Chancellor Alistair Darling of undercooking their actions
Equitable delay truly beggars belief  [01/20/2009 01:17 PM]
Banks need flexibility on toxic debts  [01/20/2009 01:17 PM]
Hetherington: Abbey's nasty habits  [01/20/2009 01:17 PM]
Midas share tips: Cadbury and Young's  [01/20/2009 01:17 PM]