Savings, Loans & Credit Cards
Insolvencies jump to record high
LONDON (Reuters) - A record number of people in England and Wales succumbed to bad debts in the third quarter of this year but the pace at which companies went bust slowed, official figures showed on Friday. Full Article
Bank to pump 25 billion pounds more into economy
LONDON (Reuters) - The Bank of England expanded its quantitative easing programme by 25 billion pounds to 200 billion pounds on Thursday, continuing its unprecedented scheme to revive Britain's recession-hit economy. Full Article
Banks get 31 billion pounds more aid
LONDON (Reuters) - Royal Bank of Scotland and Lloyds Banking Group are to get another 31 billion pounds from the government and have agreed to sell hundreds of branches and key businesses to appease EU competition concerns over state aid. Full Article
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