Credit News:
Credit card rates option 'risky' (BBC News)
Finance Minister Sammy Wilson should scrap the option to pay rates bills by credit card, the Consumer Council says.
Brown says UK to maintain AAA credit rating (Reuters )
Prime Minister Gordon Brown said on Wednesday he believed Britain would maintain its coveted top credit rating and announced a pay freeze for senior civil servants and military officers to help tame a record deficit.
Brown says UK to maintain triple AAA credit rating (Reuters )
Prime Minister Gordon Brown said on Wednesday he believed Britain would maintain its coveted top credit rating and announced a pay freeze for top civil servants to help tame a record deficit.
Pound falls below $1.50 again as credit agency warns that efforts to cut deficit are moving at 'pedestrian pace' (Daily Mail)
Influential ratings agency Fitch warned that the shortfall in the country's finances must be reduced quickly because the nation’s credit profile has 'deteriorated'.
Pound slips below $1.5 on data, UK credit concerns (Reuters )
Sterling tumbled to a one-week low below $1.50 on Tuesday on a battery of weak economic data and as credit ratings firms warned on Britain's sovereign rating and those of its commercial banks.
UK credit profile has deteriorated - Fitch (Reuters )
Britain's sovereign credit profile has deteriorated but the country was still within tolerance of a triple-A rating, Fitch Ratings said on Tuesday.
Credit card fraud losses drop 28% (Belfast Telegraph)
Fraud losses on UK credit and debit cards fell by 28% during 2009 as a raft of industry initiatives paid off, figures show. Related Stories Risk warning over Baby P rules Standing ovation for Phantom sequel Liam Adams in extradition hearing BA strike deal 'touch and go' Asda offers teenagers 'real work'
Credit card fraud losses drop 28% (Evening Standard)
Fraud losses on UK credit and debit cards fell by 28% during 2009 as a raft of industry initiatives paid off, figures show.
Credit card fraud losses drop 28% (Channel 4)
Fraud losses on UK credit and debit cards fell by 28% during 2009 as a raft of industry initiatives paid off, figures show. Losses on all areas of card fraud dropped during the year to total £440.3 million, the first annual decline since 2006, according to the UK Cards Association.
Britain's AAA credit rating in jeopardy, warns agency (Independent)
Sterling suffered a triple whammy yesterday as poor trade figures, warnings from two credit agencies about the UK's AAA rating and the possibility of more bank failures badly damaged confidence.