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Are We Set For A Bumper Financial Year?

by Jim ONeil on January 5, 2011

in Personal Finance News

I am not sure if the readers of this popular UK loans site and blog have noticed about the recent positive financial news that has emerged – yes we have some good news people!

To start with the stock markets from around the world are flying away. Here in London the FTSE 100 finished at a twelve month high last night. Secondly the so called experts expect the FTSE 100 to reach the dizzy heights of 7000 this year – I can not see it personally.

We have seen a very busy start to 2011 with many people enquiring about our no credit check loans – it seems like confidence is increasing once again within the financial sector as people feel that they can afford to start spending once more.


The huge value being put on the business means it will go straight into the FTSE index of Britain’s 100 biggest …


Bank shares in freefall despite the bail-outs

Bank shares plummeted amid concerns that the latest government package to stabilise banks and encourage lending would not solve the deepening economic crisis.

Royal Bank of Scotland was the biggest faller in the FTSE 100 share index, its price collapsing by more than 70%, to 10p, after it warned of the largest loss in British corporate history of up to £28bn and its chief exec admitted full-scale nationalisation of the bank had been considered.

The British taxpayer already owns 58% of RBS but this will soon rise to 68% when £5bn of preference shares owned by the government are changed into ordinary shares. . . .

That’s the reality folks


FTSE 100 slumps after Strauss-Kahn arrest – Proactiveinvestors (UK): The FTSE 100 dropped 36 points (0.6 percent…

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