UK job market weakening rapidly
December 3, 2008 by samsonites · Leave a Comment
The UK job market weakened rapidly in November as permanent placements declined at record levels, a new survey from Markit Economics suggests.
The drop in permanent and temporary jobs was faster than at any point in the survey’s 11-year history. Read more
Borrowers shouldn't roll with the Rock's punches
October 30, 2008 by admin · Leave a Comment
Early this year I called on the Financial Services Authority (FSA) to investigate how the nationalised Northern Rock was treating its mortgage customers. The Rock had been deliberately keeping its standard variable rates high in order to “encourage” borrowers to remortgage to another provider once their fixed-rate deals came to an end.
