jobsmoney

Money news

Insolvencies hit record high

Insolvencies hit record high

Mounting numbers of indebted Britons have sent personal insolvency figures soaring to a new high as more people succumb to the recession.

Five buyers chasing every property

Five buyers chasing every property

There are five potential buyers chasing every property on the market as demand continues to outstrip supply, research has shown.

National debt could grow by £1.5trn

National debt could grow by £1.5trn

The financial crisis is likely to add up to £1.5 trillion to the national debt, the Office for National Statistics (ONS) said.

Northern Rock cuts loan rates again

Northern Rock cuts loan rates again

Nationalised bank Northern Rock has cut its mortgage rates for the fourth time in just over a month.

More car dealers close in recession

More car dealers close in recession

Insolvencies among UK car dealers have doubled this year, according to a new report.

RBS posts third-quarter losses

RBS posts third-quarter losses

Part-nationalised Royal Bank of Scotland (RBS) has posted third-quarter losses of £1.53 billion despite slim signs of improvement at the…

Plans to cut legal aid fees warning

Plans to cut legal aid fees warning

Government plans to slash legal aid fees to barristers would be disastrous, the chairman of the Bar Council has warned.

Savings accounts 'have rates cut'

Savings accounts 'have rates cut'

A tenth of savings accounts have had their interest rates cut during the past six months despite the Bank of England base rate being kept on hold,…

Pensions safety net deficit doubles

Pensions safety net deficit doubles

The pensions safety net has seen its funding deficit double during the past year as a record number of pension schemes needed bailing out, according…

Pay freezes set to end next year

Pay freezes set to end next year

Pay freezes are unlikely to continue next year as optimism over the state of the economy gathers pace, a new report has predicted.

Start searching for your new job

21-07-2008