Finance News From Shakespeare Finance

• Winds of Change After Pre-Budget Report
  Tuesday, December 29, 2009
  As pre-budget report rolled out, there was a sense of uneasiness in the banks. JPMorgan's recent decision to review its headquarters plans from UK to elsewhere can be seen in the wake of the same. London (Shakespeare Finance) December, 2009: It is... More...

• UK Debt crises may worsen by 2010, fears Morgan Stanley
  Wednesday, December 02, 2009
  Making a dent in the hitherto solid image of G-10 bloc, Britain stands at the brink of financial disaster inviting the risk of capital flight resulting in full-blown debt crises, states Morgan Stanley in a client note. London (Shakespeare... More...

• Banks geared up to handle record debt defaults in the New Year
  Tuesday, December 01, 2009
  Making a dent in the hitherto solid image of G-10 bloc, Britain stands at the brink of financial disaster inviting the risk of capital flight resulting in full-blown debt crises, states Morgan Stanley in a client note.   London (Shakespeare... More...

• Banks recorded higher interest on loans in October
  Thursday, November 12, 2009
  The month of October has seen a big surge in the interest rates over the loans provided by several well known banks & financial institutions. With this increase the interest rates have reached the record high.   London (Shakespeare Finance)... More...

• The government gets tougher with lending institutions
  Sunday, November 01, 2009
  Gordon Brown & Alistair Darling have started putting pressure on the banks to release their tight credit policies in the wake of world-wide liquidity crisis. London (Shakespeare Finance) November 1, 2009: The British government seems getting... More...

• Bank of England cuts rates
  Tuesday, October 20, 2009
  In a historic decision taken by the Bank of England, the premier finance institution of UK has finally resorted to the much-awaited rate cut, much to the delight of the citizens of UK. London (Shakespeare Finance) October 20, 2009: After following... More...

• Is liquidity crisis here to stay?
  Tuesday, September 08, 2009
  Currently, liquidity crisis is something that has engulfed the entire United Kingdom economy. But for how long ? It is the question that is baffling the minds of all people living in the world's fourth largest economy. London (Shakespeare Finance)... More...

• Indication of move to the recovery of UK economy is recognised by ICAEW
  Monday, August 31, 2009
  Quarterly Business Confidence Monitor issued by ICAEW gives a clear denotation of recovery in UK economy in next quarter. London (Shakespeare Finance) 31 August,2009: A key confidence index released by Chartered Accountants in UK arrogates that... More...

• FSA gets financial deficit, has availed £200m to overcome it
  Tuesday, August 11, 2009
  In order to fund the short term deficit, UK Financial Services Authority has borrowed £200m from HSBC Holding Plc & Lloyds Banking Group Plc, 100 million pounds from each. London (Shakespeare Finance) August 11, 2009: UK's financial... More...

• Retail sector heading for a slump across Britain
  Tuesday, August 04, 2009
  After 1990, the next 12 months or a year is likely to be the slowest period for Britain's retailers. London(Shakespearefinance) Aug 4, 2009:The upcoming 12 months or a year is likely to be the slowest period for Britain's retailers since the early... More...

• Nationwide cut its mortgage rates
  Tuesday, July 21, 2009
  The biggest building society of Britain, Nationwide, has announced cuts in its mortgage rates. London(Shakespearefinance) July 21, 2009: Nationwide, the biggest building society of Britain, gave a rare ray of light when it announced a cut in its... More...

• The rate of interest is stagnant now
  Tuesday, July 07, 2009
  There will not be any change in the interest rate due to inflation & the increased oil prices. London(Shakespearefinance) July 07, 2009:The Bank of England is in no mood of alter the interest rate. The bank looks set to hold interest rates... More...

• The gap between the richest and the poorest widening
  Friday, June 26, 2009
  The credit crunch & the growing pressure of inflationary forces has broadened the income gap in the UK. London(Shakespearefinance) June 26, 2009: The income gap among the Britons are at its highest level & is widening. This gap is higher... More...

• Adair Turner to be handed over the reins of FSA
  Friday, May 29, 2009
  There are very strong possibilities that Adair Turner might be named as the Chairman of Financial Services Authority. If it gets fructified then it will be first high-profile responsibility for the man after near-fall of the Northern Rock, the... More...

• The Global Crisis of Credit Crunch Affects Nationwide
  Wednesday, May 27, 2009
  The largest building society of Britain "Nationwide" has seen a 40 percent drop in home loans over the past year & as the credit crunch forced it to rely on savings to fund mortgage lending, its market share has also... More...

• UK Funds get a big Boost with Stocks and Bonds
  Saturday, May 02, 2009
  Finding some assets cheaper the British fund managers cut cash during the last month & raised the equity & bond holdings. London(Shakespearefinance) May 2, 2009: A poll conducted on 10 prominent fund management firms has shown their equity... More...

• Banks receive £50bn loan to control credit crunch
  Monday, April 27, 2009
  In order to allow the banks to swap their risky mortgage-backed assets with government bonds, the Bank of England has unveiled plans to provide £50 bn to the financial system. London (shakespearefinance) April 27, 2009:  In order to... More...

• No more unlimited shopping with plastic money
  Friday, April 10, 2009
  A credit survey by the Bank of England reveals that lenders have reduced the mortgage credit availability in the last three months to mid-March. London (shakespearefinance) April 10, 2009:  Credit card companies have clawed back more than... More...

• BoE survey indicates tight credit availability
  Wednesday, April 08, 2009
  A credit survey by the Bank of England reveals that lenders have reduced the mortgage credit availability in the last three months to mid-March. London (shakespearefinance) April 8, 2009: The home that many people dream may not be easily... More...

• Market instability calls for swift decision
  Thursday, March 19, 2009
  The lenders in the UK loan market are changing their home loan offers quite frequently as they assess the changes in the money markets. London (shakespearefinance) March 19, 2009: The mortgage brokers in the market say that borrowers should act... More...