Loans and Finance

Loans and Finance


News and information about loans, money, debt, finance and business issues.

Tuesday, March 13, 2018

Hammond To Make Spring Statement

Hammond will unveil the latest economic forecasts from the Office for Budget Responsibility in a brief 15-minute statement to MPs at 12:30 GMT.

He is set to unveil consultations on a single-use plastics tax and a possible tax on the profits of digital giants like Facebook and Google.

He is expected to reveal that tax receipts are covering day-to-day government spending for the first time since the 2008 financial crisis.

There will be no policy announcements or tax and spending measures - they will be held back to the Budget in the autumn - and no photocall outside 11 Downing Street with the chancellor's red box.

I am forced to ask, what is the fucking point of this then?

Monday, March 12, 2018

Financial Ombudsman Service Gets a Well Deserved Kicking From Dispatches

Monday, March 05, 2018

Theresa May Demonstrates a Frightening Ignorance of Economics and The Private Sector

Friday, March 02, 2018

Let The Trade Wars Commence!

Equifax - What's Another 2.4M Between Friends?

All in all, Equifax really fucked up on this by so many measures!

Wednesday, February 28, 2018

Carillion Forgot They Were A Private NOT Public Company

Toys Rn't Us

Toys R Us has gone into administration, putting 3,000 UK jobs at risk.

Moorfields has been appointed to begin "an orderly wind-down" of the UK's biggest toy retailer.

The corporate recovery specialist said that all stores would remain open until further notice.

Tuesday, February 27, 2018

Carillion's Delusion Continues Even Now!

Monday, February 26, 2018

Latvia Is In The Financial Shit

Monday, February 19, 2018

UST Charges ECB Supervised Bank With Money Laundering

Latvia's financial system is about to implode, and the ECB will be in the shit.

UST Pulls Rug Out From Under ABLV

Tuesday, February 13, 2018

Inflation Steady at 3%, or 2.7%, Depending On Your Preference

As per the ONS:
  • The Consumer Prices Index including owner occupiers’ housing costs (CPIH) 12-month inflation rate was 2.7% in January 2018, unchanged from December 2017.
  • The largest downward contribution to change in the rate came from prices for motor fuels, which rose by less than they did a year ago.
  • The main upward effect came from prices for a range of recreational and cultural goods and services, in particular, admissions to attractions such as zoos and gardens, for which prices fell by less than they did a year ago.
  • The Consumer Prices Index (CPI) 12-month rate was 3.0% in January 2018, unchanged from December 2017.
  • From April 2018, publication of these figures will move from Tuesday to Wednesday; the new release dates are available.

Thursday, February 01, 2018

Don't Panic, The Government Says Crapita Is Fine

Wednesday, January 31, 2018

Crapita Plunges 41%