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May 2009

Simple IVA's news pages, keep an eye on the latest Finance & Money News.
Sun shines on May house prices - 29/05/09
House prices were up for the second time in three months according to the latest figures from Nationwide
Govt's car scrappage scheme leads to boost in sales - 29/05/09
Over 35,000 new cars have been ordered since the launch of the government's new car scrappage scheme last month, official figures show
FTSE 100 surges in early trade - 29/05/09
The FTSE 100 surged 1
UK consumers stoical over economy - 29/05/09
Despite the fear of further job losses and the prospect of a swine flu pandemic, British consumer sentiment held firm in May
FTSE 100 falls on financial stocks - 28/05/09
The FTSE 100 dropped 0
Tube strike and travel chaos in June - 28/05/09
A 48-hour strike by workers on the London Underground has been agreed upon for next month, with commuters set for travel chaos
Britain's railways 'may need to double capacity' - 28/05/09
Train operators have warned British railways may need to double their capacity over the next 30 years to deal with increased passenger demand
Vauxhall workers kept waiting - 28/05/09
Thousands of Vauxhall workers are no closer to finding out who will become the carmaker's new owners after all-night talks broke down
Santander is new name on high street - 27/05/09
Branches, products and services at Abbey, Alliance & Leicester and Bradford & Bingley are all going to be renamed under the Santander brand
Nationwide records sharp decline in profits - 27/05/09
Nationwide Building Society has reported a sharp decline in annual profits, blaming bad debts and low interest rates
FTSE 100 up in early trade - 27/05/09
The FTSE 100 rose 18
UK construction still subdued - 27/05/09
Workloads in the construction sector continued to suffer in the first quarter of 2009, new figures have shown
FTSE 100 up on US confidence surge - 26/05/09
The FTSE 100 rose sharply in afternoon trading to hit 4,411
Plans for Twitter TV series - 26/05/09
Reports suggest the social messaging website Twitter could be the subject of a new TV series
FTSE 100 falls in early trading - 26/05/09
The FTSE 100 dipped slightly in early trading, falling 26
Virgin Atlantic profits head skywards - 26/05/09
Virgin Atlantic has today announced a dramatic rise in profits for the year
Thousands at risk as recession leads to rise in loan sharks - 25/05/09
Thousands of people in Britain are being put at risk from loan sharks as the recession continues to bite, research claims
Debt management firms warned over cold calls - 25/05/09
Six debt management firms have been warned against cold-calling consumers or face enforcement action
Mining stocks rally lifts FTSE 100 - 22/05/09
A mining sector rally lifted the FTSE 100 in early trading by 7
British Airways announces record losses - 22/05/09
British Airways has announced record annual losses of £401 million
UK retail sales show surprise increase - 21/05/09
Official figures show retail sales in the UK rose by 0
FTSE 100 falls 1.91% on US pessimism - 21/05/09
The FTSE 100 fell 1
IMF: UK bank bailouts a success - 20/05/09
The government has received an unexpected boost over its handling of the economic crisis after the International Monetary Fund praised its "bold and wide-ranging" actions since the recession began
Darling: It will all be over by Christmas - 20/05/09
Alistair Darling is sticking by his predictions the UK economy will return to growth by the end of the year, defying gloomier international forecasts
Japan's economy shrinks at record rate - 20/05/09
New figures show that during the first three months of 2009 Japan's economy shrank at its quickest rate since records began
Profits dive at M&S as dividend cut - 19/05/09
Marks and Spencer has announced a sharp fall in full-year profits, cutting its dividend as a result
Property asking prices rise 2.4% - 18/05/09
The asking prices on properties in the UK rose by 2
Lloyds boost as chairman retires - 18/05/09
Shares at Lloyds Banking Group have risen on confirmation that its chairman Sir Victor Blank is to retire next year
FTSE makes early gains - 18/05/09
The FTSE 100 climbed 4
FTSE 100 down as Euro recession bites - 15/05/09
The FTSE 100 was down at the end of the week as data came in that the European recession has worsened
Bonuses to blame for bust - 15/05/09
Steps to regulate the financial sector are doomed unless a rampant culture of bonuses, which was today blamed for the recession, is stopped
FTSE 100 holds firm - 15/05/09
The FTSE 100 held firm this morning – holding on to yesterday's muted gains
FTSE 100 down in early trading - 14/05/09
The FTSE 100 was down a fifth of a percentage point in early trading – following yesterday's drops
L&G attacks Budget changes to pensions - 13/05/09
Legal & General (L&G) has attacked the government for changing the pensions regime during last month's Budget
UK economy will take a long time to heal - 13/05/09
The UK economy will need time to heal and it will take longer than anticipated to do so, the governor of the Bank of England warned today
Minimum wage increases by 7p - 12/05/09
The minimum wage it to increase by 7p to £5
Retail sales rise in April - 12/05/09
Retail sales rose sharply in April, compared to figures a year ago, it has been confirmed
Housing market interest rises - 12/05/09
People looking to buy a new home are returning to the market in their greatest numbers for nearly a decade, new research shows
FTSE 100 down 0.6% - 11/05/09
The FTSE 100 closed down 0
Consumer confidence hits record low - 11/05/09
Consumer confidence in Britain has fallen to its lowest ever level, it has been announced
Centrica to buy 20% stake in British Energy - 11/05/09
British gas owner Centrica has announced it is buy a 20 per cent stake in the nuclear firm British energy
Carphone Warehouse to buy Tiscali's UK assets - 08/05/09
Carphone Warehouse has announced it is to buy the UK assets of internet provider Tiscali
Union warns against freezing minimum wage - 08/05/09
The TUC union has warmed against freezing the national minimum wage, claiming it would leave workers struggling to make ends meet
Interest rates held at 0.5% - 07/05/09
The Bank of England has announced interest rates are to be held at 0
British Gas cuts electricity prices - 07/05/09
British Gas has announced it will cut electricity prices by ten per cent with immediate effect
Barclays report 15% rise in profits - 07/05/09
Barclays has reported a 15 per cent rise in profits for the first three months of 2009 today
Next sales better than expected - 06/05/09
High street clothing retailer Next has bucked trends to post better than expected sales for the last quarter
FTSE 100 falls back on US dip - 06/05/09
Some of yesterday's enthusiasm among investors on the FTSE 100 evaporated this morning, with the index falling slightly to 4,334
First-time buyers looking to take advantage of market - 06/05/09
New research claims the majority of first-time buyers are looking to take advantage of the current housing market
London airport passenger traffic shrinks - 05/05/09
Passenger numbers at London's busiest three airports fell by ten per cent in the first three months of this year
Darling growth forecasts scorned by EC - 05/05/09
Alistair Darling's forecast that the UK economy will grow by 1
FTSE 100 rises in early trading - 05/05/09
The FTSE 100 rose strongly in early trading as investors returned to the markets after the May Day bank holiday, rising 2
FTSE 100 ends where it begins - 01/05/09
The FTSE 100 headed into the long weekend down by the narrowest of margins - falling 0
Bankruptcies reach record high - 01/05/09
The number of personal bankruptcies has risen by 23
FTSE 100 opens with a drop - 01/05/09
The FTSE 100 started trading today with a drop – but the index has slowly been making its way back to opening level
Banks 'authors of own demise', claim MPs - 01/05/09
A group of influential MPs have told banks they only have themselves to blame for the collapse of the financial system

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