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Finance

  • 10th April 2008

    Mortgage rates to drop by 0.25%

    Mortgage rates should drop following the decision

    12:20 PM — The Bank of England's Monetary Policy Committee today cuts rates by a quarter of one per cent to 5 per cent, a further attempt to reduce the impact of the global credit crisis hitting Britain.It's the third cut since December, earlier this week it was shown that house prices had fallen by 2.5% in a month, the worse drop since 1992.A mortgage of £100,000 will fall by £17 a month if lenders pass on the cuts in full.

  • 27th March 2008

    Tax company under fire for gay discrimination

    H  R Block claim to have more than 22 million customers worldwide and had a $4bn (£2bn) turnover in 2007.

    5:50 PM — H R Block, America's leading tax preparation company, has said it is "evaluating alternatives" after it emerged that their online services refuse to accept legal civil unions.Connecticut gay couple Jason Smith and Settimo Piscu were attempting to use their "Tax Cut" service but a message told them: "We don't support Connecticut civil union returns."Through its website, the company said the couple would have to work with one of their professionals, by phone or at one of their office locations, which would be more time consuming and cost an additional $150 (£75).

  • 7th February 2008

    Interest rate fall good news for homeowners 1

    An average £100,000 mortgage will only reduce by £16 and not all mortgage holders will see a reduction.

    1:45 PM — LGBT homeowners will benefit from another reduction in interest rates by the Bank of England, the second in three months.The Bank's Monetary Policy Committee (MPC) voted to reduce rates by a quarter of one percent to 5.25 per cent.An average £100,000 mortgage will only reduce by £16 and not all mortgage holders will see a reduction.The US Federal reserve last month slashed rates by a total of 1.25 per cent.

  • 16th January 2008

    Gay.com parent company up for sale

    PlanetOut floated in October 2004 at a share price of $9 (£4.48), it quickly rose to $14.26 (£7.10) in November that year.

    12:40 PM — Shares in one of the largest gay media companies in the world, PlanetOut, fell 23.4% yesterday to $4.75 (£2.42).A spokesman for the NASDAQ-listed company confirmed they are looking for potential buyers. It has been a rocky year for the company. It is now trading at 13% of its value in January 2007.In May high operating costs and declining sales resulted in a considerable first-quarter loss and a resulting slide in share price.

  • 21st October 2007

    Donate to PinkNews.co.uk to support our award winning news service

    Help PinkNews.co.uk continue to provide high quality news coverage of our community

    10:16 PM — Over the past two years, PinkNews.co.uk has been providing award winning news for the LGBT community. News not covered by the main stream or indeed the rest of the gay press.We publish more LGBT content than any other website in Europe and the cost of commissioning and editing this high quality content is considerable.We're asking our regular readers if they would consider donating just £12 per year towards our running costs. That's equivalent to less than 3.5p per day.

  • Get a free SIM card or two SIM cards

    Get a free SIM card or two free SIM cards

    12:46 PM — Earlier this year, we offered readers a free O2 SIM card. Now we can also offer you a FREE T-Mobile SIM card too.Here's the deal, for a FREE T-Mobile SIM card click here. With T-Mobile there are no contracts and no tie-ins.Everyone - get 12p / min flat rate calls; Mates Rates

  • 19th May 2007

    A guide to loan providers..

    Money, money, money

    2:34 PM — PinkNews.co.uk has selected a number of personal loans providers.It's a list of where to get a loan, from lending companies we've checked out. We've reviewed their services and ensured that they do not discriminate against the LGBT community. If you find that they do, email news@pinknews.co.uk and we'll investigate the company.Before you visit any of the sites, think carefully before securing a loan or other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage or any other loan that is secured on it.

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