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Bank of England Surprises with Base Rate Hike The surprise 0.25 percentage point hike in the base rate by the Bank of England to 4.75% left the majority of borrowers and economists wrong footed, sending UK equities, Gilts and short sterling falling. But with inflation the only focus of the BoE, the question may not be if, but when will rates rise again? Paid Volunteers Needed for Debt Consolidation Documentary plus Debt and Relationships Article People needed for prime time BBC1 documentary on debt consolidation companies, remuneration available. Also people/couples required for proposed Daily Mail article on debt and relationships, remuneration offered. Bad News for Bad Faith Bankrupts Official Receivers target "Bad Faith Bankrupts" with Bankruptcy Restrictions Orders, enabling them to impose bankruptcy restrictions for up to 15 years. Home Repossession Orders Soar 66 Percent Mortgage repossession orders issued in the three months ending September surge to 19,687, levels not seen since the third quarter of 1993 and the dark days of the property recession. Flexi-rate credit card rewards faster repayment with lower interest rate New credit card with a flexible interest rate which reduces the more you pay off your debts each month to help those who want to pay off their credit card balances get out of debt faster. |