Woolworths demise may trigger bonanza for shoppers
Woolworths going into administration is extremely bad news for the retail industry, but it may trigger a pre Christmas bonanza for shoppers seeking bargains.
Will a 2.5% VAT cut make any difference?
It seems likely that the government will reduce VAT by 2.5% to 15% in the pre budget report later today, but will it make any difference?
Will mortgage lenders pass on the rate cut?
The Bank of England has today slashed interest rates by 1.5% but will this be passed on by mortgage lenders to their customers?
Private Capital Bails Out Barclays Bank
By tapping into Far East investors, Barclays has raised £7.05 billion. But the decision to raise capital in this way rather than secure a loan from the government is causing concern amongst investors.