Archive for: September, 2010

UK Mortgage Acceptances Hit a Seven-Month Low

According to the Bank of England, the number of approvals for UK mortgages dropped to a seven-month low in the month of August. A slump in both the price of a home and the British economy as a whole looks set to continue, after data released on Wednesday revealed that last month saw the [...]

Unsecured debt repayment exceeds new loans

The Bank of England have said that during the month of August consumers repaid outstanding debt at a greater rate than new loans were taken out and since November 2009 this was the largest fall that they had witnessed in net consumer credit which combines personal loans, overdrafts and the borrowings [...]

Southern Mexico counts dead after landslide

Officials have confirmed that a landslide that occurred overnight in Oaxaca which is a southern state of Mexico has killed seven people at least and caused the disappearance of 100 more.
At approximately 4.00am the landslide fell onto the town of Santa Maria Tlahuitoltepec after continuous heavy rainfall had sodden the mountainside [...]

Memorabilia put on sale by mother of Sir Elton John

Sheila Fairbrother the mother of Sir Elton John has decided to put a substantial amount of his memorabilia up for sale at the East Sussex firm of auctioneers Gorringes on the 19th October and speaking for the auction firm Andrew Elliston-Elhinn said: ”It is one of the most interesting sales we [...]

Britain sees prices of houses fall in all regions

A new survey published by Hometrack has shown that the prices of houses in all regions across the whole of Britain have fallen for the first time since April 2009 and has also confirmed that September is the third month in a row that demand for houses has declined.
Other facts revealed in the survey [...]

Food imports into Britain at greatest level for 40 years

The Department for Environment, Food and Rural Affairs, has published figures that reveal that Britain has become more dependant on food imports than at any other time during the last 40 years and at present the countries self-sufficiency level which compares how much food is eaten here in comparison to [...]

New competitive loan scheme company announced in West Midlands

The National Housing Federation have announced that they have set up a new affordable loan scheme company that will make funds available to people who have problems obtaining loans from the normal high street financial institutions.
The new company called My Home Finance will be tested as a pilot scheme and start off with 10 [...]

Cost of state pensions set to dramatically rise in 2012

The Department for Work & Pensions has said that the UK will see a massive increase in the number of people claiming a pension in 2012 as over 800,000 people reach the age of 65 and become eligible to claim the benefit.
Child birth dramatically increased in the years of 1946 and [...]

H M Revenue & Customs could write off £1.5bn of unpaid tax

According to a news report issued by the BBC, who have said that they had been told by insiders, there is a possibility that £1.5 billion of unpaid taxes could be wrote off as a large percentage of the cases originated from over two years ago and taxpayers in many of [...]

Aspirin taken in small doses may reduce risk of bowl cancer

The University of Edinburgh has made suggestions from a study it has carried out that taking small doses of aspirin may help to reduce the risk of bowl cancer however they have also stated that at present they are still not sure what the correct and most effective amount taken should [...]

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