Headline NEWS

Remortgaging activity jumps 22% in June

Mortgage lending in the UK was 22% higher in June, with remortgage activity rising by over a third month-on-month and year-on-year, the Council of Mortgage Lenders (CML) revealed on Tuesday. The rise in remortgage activity … Continue reading “Remortgaging activity jumps 22% in June”


UK’s trade deficit widens in June

Britain’s deficit on trade in goods and services increased to £1.6bn during June 2015, up from £900m in May 2015, according to the UK’s Office for National statistics (ONS) latest statistical bulletin: UK … Continue reading “UK’s trade deficit widens in June”


UK businesses face cash flow difficulties because of late payers

Cash flow problems experienced by UK businesses are primarily caused by late payments, Lloyds Bank revealed on Wednesday. The British retail bank’s twice-yearly Business in Britain report is conducted by Lloyds Bank Commercial … Continue reading “UK businesses face cash flow difficulties because of late payers”


UK Government sells off RBS shares for £2.1 billion

The UK government has commenced the sale of its shares in majority state-owned retail bank, the Royal Bank of Scotland (RBS), which was bailed out by the government during the financial crisis in … Continue reading “UK Government sells off RBS shares for £2.1 billion”


Caravaning catches on in China

UK exports of caravans to China have increased, with caravan makers achieving higher sales to Asian consumers, the Telegraph news company revealed on Monday. According to the Telegraph, Hull-based caravan maker Swift Leisure, … Continue reading “Caravaning catches on in China”


Lloyds profits increases to £1.2 billion while PPI compensation costs rise by £1.4 billion

Lloyds Banking Group has set aside a further £1.4bn to cover compensation claims by customers who were mis-sold payment protection insurance (PPI), but has declared a 38% rise in half year profits to … Continue reading “Lloyds profits increases to £1.2 billion while PPI compensation costs rise by £1.4 billion”


UK has exported five million cars since 2010

UK motor industry trade association the Society of Motor Manufacturers and Traders (SMMT) revealed on Thursday that UK car exports have reached five million since the beginning of 2010. Steady growth in the … Continue reading “UK has exported five million cars since 2010”


Fraudulent insurance claims rise to over £110 million in 2013 – Aviva

More than GBP110m worth of fraudulent insurance claims were detected by UK insurance company Aviva during 2013, it revealed on Wednesday. Aviva said its claims fraud detection data for 2013 shows that there … Continue reading “Fraudulent insurance claims rise to over £110 million in 2013 – Aviva”


Co-operative Group suffers heavy losses of £2.5bn in 2013

The Co-operative Group, a British consumer cooperative that operates a range of retail businesses, announced its final results for the 52 weeks ended 4 January 2014 on Thursday, which showed losses of GBP2.5bn … Continue reading “Co-operative Group suffers heavy losses of £2.5bn in 2013”


UK to spend over $24bn on upgrading and improving road network until 2021

Britain’s road network is to benefit from major improvements over the next 8 years and road building companies are advised to prepare for a huge increase in work as a result of a … Continue reading “UK to spend over $24bn on upgrading and improving road network until 2021”


Navigate Articles by Page ....

1 7 8 9 10 11 17