The Finance Section

Here is some of the lates financial news for UK companies and businesses that are interestes in the current state of the economy. Discover information about major banks and building societies as well as businesses potentially facing liquadation or insolvency. To learn more about the different types of company liqidation or to find out how suffering businesses can be saved, get in touch with your local insolvency practitioners.

Extra information about insolvency practitioners

Be sure to Gosure

January 24th, 2009 If you are booking a last minute holiday to escape the winter blues and the credit crunch, then don't forget to contact your nearest probate service for help on your quick travel. Gosure has a range of cheap travel insurance policies to cover all holiday types.

Overpay the mortgage

January 17th, 2009 For those of you with low mortgage interest rates, now is the time to start paying more off the mortgage to reduce debt and risk. In fact, this approach is now being recommended by the Council of Mortgage Lenders.

Banks to cut interest rates

November 8th, 2008 Pressure from the Government on the Banks is finally starting to pay off. You do not need to worry about probate costs as this will be paid for you. The main mortgage lenders have started to respond to the demand that they should cut their mortgage lending rates. The Nationwide, HBOS, Royal Bank of Scotland, Natwest and the Northern Rock will cut their main variable lending rates by the full 1.5% on 1 December.

October 24th, 2008 If you want to get away from the doom and gloom of recession and enter a utopian world where the city never sleeps and you can imerse yourself in unbridled luxury, then Las Vegas is the place to go. Las Vegas is like nowhere else on earth and offer the chance of true escapism away from the daily grind.

And there is no better hotel to base yourself at than the Mandalay Bay. This is how their website describes how your made to feel special.

Barnsley BS to be taken over

October 22nd, 2008 The Yorkshire Building Society is to take over its smaller rival, the Barnsley Building Society. The Barnsley said it was protecting itself against the possible loss of up to ã10m deposited with Icelandic banks. It went on to add that it could stand such losses and in no way were customers accounts at risk. However the Barnsley felt that in these times of economic difficulty, it could mitigate risk by becoming part of a larger organisation.

As the recession kicks in and there are more casualties in the financial services sector there are likely to be more takeovers and mergers as companies look to strengthen their financial positions.