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Factory closure sees 88 jobs go - Coventry Observer
COVENTRY was dealt a fresh jobs blow this week after a city factory was closed down, with the loss of 88 jobs. PRM Newage Ltd, based on Alderman's Green Industrial Estate, shut its doors after parts of its parent company, CommaTech Holdings Ltd, went ...

Iceland's economic woes cause shivers through British economy - Daily Telegraph
Its currency, the krona, has fallen 27 per cent against the dollar this week, while its largest bank Kaupthing – which has lent money to many British entrepreneurs and businesses – started to ask its clients for more money to help it shore up its ...

Banks profit as mortgage gap hits historic high - Daily Telegraph
The gap between mortgage rates and Bank of England base rate is at its widest since the Second World. Interest rates are now tumbling, but many hard-pressed borrowers have yet to see the full benefit. In fact, some may find themselves worse off as ...

Petrol companies told to cut prices at pumps - Times Online
Petrol and energy suppliers came under fire from ministers yesterday in an attempt to shame them into cutting pump prices and household bills. Emboldened by international praise for tackling the banking crisis, Gordon Brown accused petrol retailers ...

Darling summons bank chiefs over rate cut failure - Times Online
Alistair 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 Online
British 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 ...

Oct. 21 - Journal Inquirer
Why is it that we always see our local legislators when there is a photo opportunity or a speech to make, but never when things are going badly and we need to hear ideas and proposals, and see effective action? Sue Lavelli-Hozempa has been active and ...

Conseco Reports Third Quarter Results - Earthtimes
Author : Conseco, Inc. CARMEL, Ind. , Nov. 5 /PRNewswire-FirstCall/ -- Conseco, Inc. (NYSE: CNO) today reported results for the third quarter of 2008. "We are pleased with the performance of our core businesses during the quarter," said Conseco CEO ...

Taxes to fall and then rise - bbc
On Monday, the chancellor will admit, by implication, that the government's industrial policy of the past decade has been something of a disaster. Actually to call it an industrial policy is a bit misleading - but what I mean is the Treasury's ...

Today's Mortgage Terms starting with U

Underwriting: It is the process of quantifying the risks involved in a specific loan and setting suitable terms and conditions for a mortgage.

URLA: Uniform residential loan application.

Usury: Interest charged in excess of the legal rate as established by law.

View all Terms

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