Latest Finance News

Economy News:

Greek unions prepare for 24-hour strike amid austerity measures

Greek unions have today vowed to strike on Wednesday to protest against the Government’s austerity measures. Last week, Greek Prime Minister, George Papandreou, announced tough austerity measures... [Read more]

Investment News

Legal & General leads declines among insurers

Most European equities markets were higher Monday after last week’s declines on concerns about the economies of several nations in the region. The FTSE 100 added 0.62 percent to 5,092.33 in London,... [Read more]

More Economy Headlines:

• Ethel Austin enters administration for second time in two years
• Indian economy to grow 7.2%
• Pay freezes continue despite rise in RPI
• Sterling falls against dollar over euro zone debt fears
• Shareholders see dividends plummet

More Investing Headlines:

• Sterling falls against dollar over euro zone debt fears
• Church snubs mining company over ethical concerns
• Shareholders see dividends plummet
• ICAP leads London lower, drops almost 20 percent
• Ethical investments outperform standard market

Banking News:

Bank of America sued over Merrill Lynch takeover

US banking giant, Bank of America (BoA), has been sued by the New York Attorney General, Andrew Cuomo, for defrauding investors and the Government over its takeover of Merrill Lynch. BoA, and two of... [Read more]

Insurance News

Crash twice to double your car insurance premiums

If you’re unlucky enough to crash your car twice this winter you could find yourself paying double for car insurance, according to Confused.com. Some insurers researched by the price comparison... [Read more]

More Banking Headlines:

• The Coventry launches 4.25% bond
• Santander profit grows 13%
• Customers cite ethical concerns for switching banks
• Clydesdale Bank launches 4.5% one-year bond
• Credit card borrowing soars in December

More Insurance Headlines:

• “Ambulance-chasers” blamed for car insurance price hike
• HSBC announces January sale
• Christmas cheer lost on Direct Line
• Post Office increases Christmas home insurance cover
• Kwik Fit Insurance embarks on major recruitment drive

Property News:

Protection for homeowners unable to pay credit card debt

Property owners in danger of losing their homes as a result of consumer debt could soon be better protected. The Ministry of Justice has launched a consultation on proposed new measures that would set... [Read more]

Mortgage News

Santander profit grows 13%

Spanish banking giant Santander has today revealed a 13% rise in fourth-quarter net profit to €2.2 billion (£1.9 billion). Meanwhile the bank, which is the second largest banking group in the world... [Read more]

More Property Headlines:

• House prices up 3.6% on January 2009
• Hometrack: house prices down year-on-year
• House prices up 20% by 2013 CEBR predicts
• House prices up 8.6% year-on-year
• US new home sales in steep fall

More Mortgage Headlines:

• Santander announces new two-year mortgages
• Twenty per cent rise in home loans on offer
• Mortgage brokers upbeat on 2010
• Mortgage market improving for first time buyers
• December dip in house purchase mortgage approvals

Finance Blog:

416 US banks in trouble

The US Federal Deposit Insurance Corporation (FDIC), which overseas American banks, says that 416 now fail its stress tests. While the FDIC will not reveal the identities of the failing banks, it has... [Read more]

Pensions News

AA workers in strike ballot

According to the BBC, workers at the AA may strike for the first time since the organisation was established over a century ago. The vehicle breakdown service, which advertises itself as the fourth... [Read more]

More from the Finance Blog:

• Japan’s false economic recovery
• Stock Market to crash again in 2009?
• NAEA mistake: It’s Estate Agents over valuing property
• George Osborne forgets Bank of England created financial crisis
• Gordon Brown set to fix unexmployment figures

More Pension Headlines:

• ONS reveals fall in pensioner poverty
• Calls for over-65s to keep working
• PPF: DB pension scheme deficit falls in December
• New Government proposals to see flexible hours for over 65s
• New pension scheme set to be called NEST

Insurance Reviews:

Latest car, home and life insurance reviews on Finance Markets:

Home Insurance

• Barclays Home Insurance
• Churchill Home Insurance
• Columbus Direct Home Insurance
• Direct Line Home Insurance
• LV Home Insurance
• Nationwide Home Insurance
• Norwich Union Home Insurance
• Prudential Home Insurance

Pet Insurance

• Argos Pet Insurance
• Homebase Pet Insurance
• LV Pet Insurance

Travel Insurance

• Argos Travel Insurance
• Aviva Travel Insurance Review
• Columbus Direct Travel
• Direct Line Travel Insurance
• LV Travel Insurance

Car Insurance

• AA Breakdown Cover
• AA Motorcycle Insurance
• AA Van Insurance
• Barclays Car Insurance
• Churchill Car Insurance
• Churchill Van Insurance
• Co-operative Motor Insurance
• Direct Line Car Insurance
• LV Car Insurance
• Norwich Union Car Insurance
• RAC Breakdown Cover
• Saga Motor Insurance
• Swiftcover Car Insurance

Life Insurance

• Direct Line Life Insurance
• Legal & General Life Insurance
• Nationwide Life Insurance
• Norwich Union Life Insurance