Bank of England cuts rates to 1.5 per cent

The Bank of England cut the base 0.5 per cent today, pushing interest rates down to a historic low of 1.5 per cent

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Financial compensation may take just seven days

You could get your money back within seven days when a bank collapses, under new FSA proposals.

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Savings set to hit rock bottom if base rate is cut this week

Returns on savings are plummeting and could reach a 20-year low if the base rate is cut again this week.

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House prices fell almost 16 per cent in 2008: Nationwide

Your house is now longer a cash cow, but a depreciating asset which could continue to fall in value.

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Icesave customers savings back in time for Christmas

The majority of savers with failed Icelandic internet bank Icesave have been paid back in time for Christmas, the UK’s depositor protection scheme said earlier this week.

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Brits must make financial resolutions

Make your pension a top priority and take some sound financial advice for a better 2009, Brits urged.

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Borrowers set to shuffle seven billion in credit card debt

The great credit card shuffle is on as Brits plan move £7 billion of debt between cards, says Abbey

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Nationwide tracker mortgage customers to lose out on rate cuts

Nationwide tracker mortgage customers will not benefit from further base rate cuts, as the lender invokes its collar on mortgage contracts.

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Alliance and Leicester offers 100 pounds to new current account customers

Switch your current account and get a £100 bonus from Alliance and Leicester.

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Personal debt increased by 1million pounds every 10 minutes in 2008

Britain’s debt increased by 1million pounds every 10 minutes in 2008, according to charity Credit Action

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