November 2011

Housing Minister Grant Shapps recently called for lenders to offer 30-year fixed rate mortgages and received a barrage of abuse. Simon Webster, from mortgage broker Facts & Figures, below, says it wasn't all nonsense.

The Government could be about to renege on plans to increase some state benefit payments in line with September's inflation rate.

The Government will sell Northern Rock to Virgin Money, to create a combined bank with four million customers.

MPs kept up the pressure for the return of cheque guarantee cards today by suggesting that the Government could consider stepping in with legislation.

Many high street banks and building societies are offering poor advice and recommending inappropriate investments, an undercover investigation from lobby group Which? concludes today.

The Airmiles reward scheme has closed, to be replaced by the Avios programme tomorrow, which will result in passengers having to pay taxes and charges when redeeming flights.

Millions of victims of payment protection insurance (PPI) mis-selling will have to pay tax on their payout, the Government has confirmed.

The rate of inflation fell last month, official figures reveal today.

Most people aged over 60 can apply now to get help towards their winter energy costs.