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Following the decision by the Monetary Policy Committee to reduce the Bank of England Bank Rate by 0.50% to 1.50%, Halifax announces it will pass the full 0.50% reduction on to existing tracker mortgage customers from 1st February 2009. Halifax will also reduce its SVR from 4.75% to 4.50% at the same time.

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Britain's leading lowest price supermarket rounded off one of its best years with a solid Christmas trading performance that beat its sales expectation despite some industry predictions that 2008 would be the worst Christmas for retailers for more than 20 years.

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UK consumers receive an average broadband speed of 3.6Mbit/s new Ofcom research reveals. This compares with an average maximum possible speed of 4.3Mbit/s across the UK.

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As the arctic weather conditions continue to sweep across the nation, almost half of UK over-50s (48 per cent) are worried about paying their winter fuel bill, according to new research by Post Office Financial Services.

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