Savings, Loans & Credit Cards
Land of Leather fined over loan insurance sales
LONDON (Reuters) - The Financial Services Authority said on Monday it fined furniture retailer Land of Leather and its chief executive for improperly selling payment protection insurance. Full Article
Record producer inflation dents rate cut hopes
LONDON (Reuters) - Factory gate prices and producers' costs rose at a record pace in April, official statistics show, clouding the outlook for an interest rate cut next month. Full Article
Northern Rock says savings recover
LONDON (Reuters) - Northern Rock, nationalised in February, said it gathered more savings in the first quarter and reported modest mortgage lending, though arrears were up and the UK outlook remains "highly uncertain". Full Article
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