Loans and Finance

Loans and Finance


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

Tuesday, March 20, 2018

CPIH Inflation Falls To 2.5%

The ONS reports that CPIH has fallen to 2.5% and CPI has fallen to 2.7%:
  • The Consumer Prices Index including owner occupiers’ housing costs (CPIH) 12-month inflation rate was 2.5% in February 2018, down from 2.7% in January 2018.
  • The largest downward contributions to the change in the rate came from transport and food prices, which rose by less than a year ago.
  • Falling prices for accommodation services also had a downward effect.
  • Rising prices for footwear produced the largest, partially offsetting, upward contribution.
  • The Consumer Prices Index (CPI) 12-month rate was 2.7% in February 2018, down from 3.0% in January 2018.

Tuesday, March 13, 2018

Hammond To Make Spring Statement

Hammond will unveil the latest economic forecasts from the Office for Budget Responsibility in a brief 15-minute statement to MPs at 12:30 GMT.

He is set to unveil consultations on a single-use plastics tax and a possible tax on the profits of digital giants like Facebook and Google.

He is expected to reveal that tax receipts are covering day-to-day government spending for the first time since the 2008 financial crisis.

There will be no policy announcements or tax and spending measures - they will be held back to the Budget in the autumn - and no photocall outside 11 Downing Street with the chancellor's red box.

I am forced to ask, what is the fucking point of this then?

Monday, March 12, 2018

Financial Ombudsman Service Gets a Well Deserved Kicking From Dispatches

Monday, March 05, 2018

Theresa May Demonstrates a Frightening Ignorance of Economics and The Private Sector

Friday, March 02, 2018

Let The Trade Wars Commence!

Equifax - What's Another 2.4M Between Friends?

All in all, Equifax really fucked up on this by so many measures!