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News about Mortgages:
On politicians’ pay, parents’ responsibility - Atlanta Journal ConstitutionAtlanta’s next mayor should be paid $225,000, up from $147,500, advises one of those commissions that politicians appoint to provide pay-raise cover. Ostensibly the higher pay is to attract better candidates. That assumes, of course, that losers ...
Darling summons bank chiefs over rate cut failure - Times OnlineAlistair Darling summoned the chief executives of Britain’s biggest banks to Downing Street today to demand that they immediately pass on the Bank of England’s interest rate cut to their customers. Treasury sources confirmed to The Times that the ...
Banks crumble under pressure to pass on rate cut - Times OnlineBritish banks are beginning to crumble under pressure from the Government to pass on yesterday's surprise 1.5 per cent interest rate cut to customers, with Nationwide and Royal Bank of Scotland (RBS) and HBOS the latest to announce new mortgage rates ...
Only drastic action now will save us, says Gordon Brown - Times OnlineBritain would face an even more severe recession without the multi-billion-pound tax cut and spending package that will be unveiled on Monday, Gordon Brown said yesterday. In a dramatic attempt to raise the political stakes before the most important ...
Local News & Opinion - Baltimore ChronicleWhat's needed, but not proposed, is a 1930s type Home Owners' Loan Corporation (HOLC) plan that refinanced homes at affordable rates and prevented foreclosures. One on a grand scale as part of an enlightened New Deal agenda. I n its latest economic ...
More from the Front Lines of the Financial Crisis - Boston IMCIn its latest economic outlook, Merrill Lynch economists "worry about inflation, or more precisely," a lack of it. From crashing global equity markets, falling commodity prices, rising unemployment, stagnant wages, over-indebted households, declining ...
End of Thatcher's tax incentives - bbcThere were three big numbers announced in the pre-Budget report . The biggest and most startling is that more than £500bn is being added to the national debt between now and 2015. And the amounts that the government will be borrowing over the next ...
If Barack Obama's a socialist, what's George W. Bush? - Los Angeles Times BlogsToday Republican John McCain dropped the word "socialism" from his attacks on Democrat Barack Obama , telling a crowd in St. Charles, Mo., only that his opponent wants to "spread the wealth around" but resisting the "S" word. He believes in ...
No Tax rises, vows Darling - Shropshire StarChancellor Alistair Darling today ruled out early tax increases to fund Britain’s mounting debt burden and promised new action to protect savers from the turmoil in the financial markets. Despite warning at the Labour Party conference he would take ...
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