household bank

• Paper Loss On Bank Bailouts Stands at Pounds 950 a Household

EVERY household in the country is sitting on paper losses of almost pounds 1,000 so far on bailouts for Royal Bank of Scotland and Lloyds Banking Group, it was disclosed yesterday. UK Financial Investments (UKFI), which manages public stakes in the two banks, said every household had more than pounds 3,000 invested in Lloyds and RBS shares. But the pounds 34.5bn currently invested had shrunk to pounds 23.6bn as of June 30 - a 32% paper loss of pounds 10.9bn, equivalent to about pounds 950 per household.

• Western Mail
• July 14, 2009

• You Took Us for a Joke, and We Won't Forget It ; Commentary [Eire Region]

IF you were told by a friend that he had 25 household bank accounts what would your first reaction be? Horror or disbelief? If their explanation then turned out to be that it was due to 'risk management' and because their wife wanted to 'take advantage of higher interest rates' you might laugh in their face.

• Daily Mail
• February 16, 2011

• Recovery. Charlie Toodgood, From Gva, Reports

The UK occupier market continues to recover from arguably its worst downturn since the Second World War, but so far progress has been slow. However, while household spending is fragile, the Bank of England's latest Quarterly Inflation Report reveals that business investment and stockbuilding contributed 2.5 percentage points to GDP growth during 2010, and the early signs are that investment levels for 2011 are continuing to rise. Consequently, our own forecast for property rental growth has been upgraded slightly from the start of the year from 1.3 per cent to 1.6 per cent. Capital expenditure has improved most significantly for companies with over 300 employees, and GVA's research team has identified that when comparing the three main occupational sectors, being offices, retail and ind...

• Birmingham Post
• June 16, 2011

• Bank Warns of Weaker Growth As Cash Cuts Bite

THE Bank of England has braced the country for weaker growth as rocketing energy bills and tough government cuts continue to squeeze household spending. In its quarterly inflation report, the Bank cut growth forecasts for the next two years and warned inflation will fall back later than previously expected in 2013.

• The Journal
• May 12, 2011

• Britain Bank Warns Britons Over Household Debt ; Higher Interest Rates Bring New Challenges

UNCERTAINTY over future interest rises and historically high levels of household debt pose "considerable challenges" to UK financial stability, the Bank of England will warn today. In its twice-yearly Financial Stability Review, the Bank will also raise concerns over the "search for yield" which has seen City players put their money into higher-risk products such as hedge funds in the hope of improved returns in a generally flat market.

• Daily Post
• June 28, 2004

• How to Max Your Money

.IF you are worried about more money going out of your bank account than coming in, then you're not alone. The average household debt ---excluding mortgages -- is Pounds 9,550, according to the campaign Credit Action. But you can get out of this debt spiral.

• South Wales Evening Post
• April 06, 2011

• Double-Dip Threat As Families Feel Squeeze

FAMILIES have Pounds 10 less a week to spend than a year ago in a devastating squeeze on household finances, according to a report by the Bank of England. The central bank's Quarterly Bulletin said 'available' income - what is left after paying tax, housing costs, loan payments and utility bills - has fallen by Pounds 46 a month in the last year.

• Daily Mail
• December 19, 2011

• Think Creatively and Cut the Costs of Those Family Days Out

HARD-PRESSED parents facing the prospect of entertaining their children over the Easter holiday, followed quickly by not one but two bank holiday weekends - not forgetting that extra day off for the Scottish Parliamentary elections and several in-service days - could be forgiven for panicking about how on earth they are going to keep the children amused without breaking the bank. The median household income in Scotland is pound(s)21,372 according to the Scottish Government's most recent annual Family Resources Survey. That means 50% of households live on less than this, and things look set to get worse, with the average family now pound(s)11 a week poorer than they were last year as a direct result of rising prices.

• The Herald
• April 09, 2011

• The Back of the Envelope Says We'll Be Fine - but the Bigger Picture Fills Me with Dread ; Commentary [Eire Region]

WE will survive. The back of the envelope says that we will survive. The payslips and the bank statements are transposed into new household realities on the back of an envelope, and they say we will be fine. The income levy and health levy, 6 per cent last month, combined into a single social levy of 7 per cent next month, means breathing in, but it won't break the bank.

• Daily Mail
• December 08, 2010

• Inflation Plunge Set to Ease Pressure On Households

THE squeeze on stretched household finances is set to ease early next year with a sharp plunge in inflation, Bank of England chief economist Spencer Dale said today. The prospect of some relief after the biggest hit to disposable incomes since the Second World War in 2011 came as the Bank's official Consumer Prices Index benchmark fell to 4.8% in November -- the second month in a row of sliding inflation.

• Evening Standard - London
• December 13, 2011