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Northern Rock shaves rates on some mortgages

Northern Rock has cut rates on some of its residential and buy-to-let mortgage ranges by up to 0.50%. It is offering a two-year fixed rate deal at 2.99% on up to 70% LTV.

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CAN YOU HAVE A POP TO WIN THIS BOTTLE OF MIGHTY FINE CHAMPAGNE?

Wriglesworth PR man James Staunton and e.surv’s Richard Sexton at a recent track day at Thruxton Can you put the boot in to your nearest and dearest to win this delectable bottle of bubbly? In addition, competition sponsor Tiuta will donate £100 to Great Ormond Street Hospital. Submit a witty caption for the photo above […]

FSA extends PPI payout times

The Financial Services Authority has granted Barclays, Lloyds Banking Group and the Royal Bank of Scotland temporary time extensions to handle payment protection insurance complaints. The regulator said last year that all banks must compensate customers who were mis-sold PPI, which could cost a total of £4.5bn. The British Bankers’ Association appealed the decision so […]

KING

King defends low base rate stance

The governor of the Bank of England has defended the Monetary Policy Committee’s decision to keep the base rate on hold at 0.5% for over two years by claiming such a stance is necessary to rebuild the economy.

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