Loans and Finance

Loans and Finance

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News and information about loans, money, debt, finance and business issues.

Thursday, December 05, 2013

Autumn Statement 2013

Today is Autumn Statement day, when the Chancellor of the Exchequer (George Osborne) outlines spending plans and related matters for the coming years.

By happenstance, Iain Duncan Smith has slipped out a statement that the Universal Credit programme may not meet its 2017 deadline. Ironically, in September, IDS had told MPs that the 2017 deadline remained in place.

Wednesday, December 04, 2013

Eight Banks Fined For Rate Rigging

As per the BBC, the European Commission has fined eight banks a total of 1.7bn euros for forming illegal cartels to rig interest rates.