Winners Announced at Epic 2012 Prepaid365 Awards
Prepaid365, the UK’s leading prepaid card comparison portal, announced the winners of the 4th Edition of the Prepaid365 Awards sponsored by T24 Prepaid with consumers across the UK voting for their favourite prepaid cards across different categories such as Travel, Everyday Money, Money Transfer, Payroll, Gaming, Online Shopping and Youth. The Prepaid365 Awards were launched in […]
Contactless Credit Card Payment Limit Increased
The payment limit for purchases made using a contactless debit or credit card has gone up from £15 to £20, it has been announced.
Credit Card Lending Down In April 2012
Credit card lending has fallen by its largest monthly amount in more than five years, figures released by the Bank of England have shown.
Money Markets Predict No Base Rate Rise Until 2016
The Bank of England is unlikely to raise the current base rate until at least 2016 or 2017, money markets have predicted.
Government To Launch Research Centre For SMEs
The government wants to use investment in small and medium sized enterprise (SMEs) to drive economic growth, and has announced plans to launch a new enterprise research centre.
Jubilee To Damage Economic Growth
The Queen’s Diamond Jubilee celebrations could hamper the economy’s recovery due to a reduction in economic output, the Bank of England has warned. As part of the celebrations, British workers have been given an extra bank holiday, which could lead to a drop in economic activity. The Bank of England has said that the four-day […]
Eurozone Crisis Halting UK Economic Recovery
Sir Mervyn King has warned that the continuing crisis in the eurozone is hampering Britain’s efforts to recover from financial meltdown. The governor of the Bank of England has said that Britain is recovering from the biggest financial crisis in its history, but is being held back by a eurozone that is “tearing itself apart”. […]
Holidaymakers Spend More Than £500 Before Going Abroad
British holidaymakers spend as much money before they leave the country as they do while they are abroad, research has revealed. The Association of British Travel Agents (ABTA) has found that, despite the economic downturn putting a strain on people’s finances, our holiday spending starts before we’ve even left the country. It was found that […]
More Customers Denied Refunds By Credit Card Companies
Shoppers attempting to claim money back from their credit card company, after receiving faulty goods, are increasingly being denied a refund by their card provider. The Financial Ombudsman Service, the independent watchdog for the finance industry, has said it handles as many as 100 complaints per week from customers who’ve been effectively ignored by their […]
Improvements In Manufacturing Output Can’t Halt Recession
Manufacturing output in the UK was better than expected in March, the latest figures from the Office for National Statistics (ONS) have suggested. The ONS said that manufacturing output in March rose 0.9%, compared to the previous month. This was better than initial forecasts for manufacturing output, which had estimated a rise of 0.5%. But […]
