Posts Tagged ‘interest’

Interest rates must be raised this year, OECD warns

OECD also said the sluggishness of the UK economy will feed through into higher unemployment The west’s leading economic thinktank warned the Bank of England on Wednesday that it would have to start raising interest rates this year to prevent inflation taking hold in the UK. In a downbeat assessment of the prospects for the [...]

Rate rises to hit interest-only mortgages

The Bank of England may have left interest rates on hold this month, but how long can the cost of borrowing be kept so low? View full post on All Stories

Euro rises on prospect of higher interest rates

Single currency strengthens on mounting speculation that the ECB may be forced to raise borrowing rates sooner than expected as fears over inflationary pressures grow View full post on All Stories

Iceland to repay Britain $3.45 billion debt due to Icesave Bank failure

Vittorio Hernandez – AHN News Reykjavik, Iceland (AHN) – Iceland will start repaying a $3.45 billion (EUR 2.6 billion) from Britain in 2016. Reykjavik owed the amount to London after the online Icesave Bank failed two years ago. The agreement to repay ends two years of dispute over interest rates between the two countries after [...]

Refinance Your Home Even with Bad Credit

In the current recessionary scenario, a large number of homeowners are considering refinancing home mortgage due to various financial constraints. However, it is important to know exactly when and how to refinance your mortgage. Most people do not realize that opting for mortgage refinancing can lower the amount of your monthly payments and switch your [...]

The Features of Bad Credit Loans

In the United Statesthe population of those people who have some problems with own credits is more than 10 million and its number come up from day to day. People with low credit score must contend for the credit to be given. The most common status is that these potential borrowers are refused in their [...]

Philippine Congress Takes Interest In PAL Employee Lay-Offs

AHN News Staff Quezon City, Metro Manila, Philippines (AHN) – The Philippine Congress has taken an interest in the Philippine Airlines labor row after Labor Secretary Rosalinda Baldoz allowed the flag carrier to lay off 2,600 workers. The House Labor and Employment Committee will set a hearing in the coming days to probe the alleged [...]

RBI Raises Interest Rates For 6th Time In 2010

AHN News Staff New Delhi, India (AHN) – For the sixth time in 2010, the Reserve Bank of India (RBI) increased the interest rates by another 25 basis points (bps) just to check the inflation rate, which has shown no signs of reduction for the past more than one year. The repo rate at which [...]

Bad Credit Unsecured Loans: Cash With a Chance of Enhancing The Credit Score

Do you believe that you can get the loan even if you are an unemployed and in addition you have bad credit records even without placing security? If you don’t believe it than start believing from now onwards because it is quite true and feasible option through which jobless people can borrow funds easily. This [...]

Osborne slashes welfare in spending review

– Cuts total 19% of spending over 4 years – Welfare cuts to save Treasury £7bn – Train fares to rise 3% on top of inflation – Johnson attacks Osborne’s ‘deficit deceit’ – Watch Osborne announce the spending review here – Read the spending review report here – Hit refresh for latest updates 2.38pm: Earlier [...]

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