Citizens Advice is calling for new volunteers to get in touch as the recession pushes more people into
financial difficulties, putting greater demand on the charity.
Citizens Advice, which relies heavily on volunteers, is asking everyone from young school leavers and students to retired CEOs and back-to-work Mums to get in touch if they are ...
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- Friday, May 29, 2009, 15:11
- Featured, Mortgages
House prices rose for second time in three months in May, according to the latest report on the housing market from Nationwide.
The statistics show that house prices rose by 1.2% in May and the annual rate of decline improved from -15.0% to -11.3%.
Martin Gahbauer, Nationwide's Chief Economist, said:
“At £154,016, the average house price is ...
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Complaints to the Financial Ombudsman Service – the independent organisation that settles disputes between consumers and financial companies – has reached record levels, with 127,471 new complaints and 789,877 consumer enquiries in 2008/9.
The report revealed that consumer complaints were upheld in the majority of cases, with 113,949 disputes resolved, resulting in compensation for consumers in ...
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British shoppers are cutting out luxuries such as new clothes, meals out and alcohol in favour of mini-treats such as books and magazine, according to new research from moneysupermarket.com.
The study, which looked at the spending habits of over 5,000 Brits, found that 53% are cutting back on clothes and fashion accessories, while just 17% ...
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Nationwide Building Society has revealed a new instant access account for 'silver savers', to be launched next month.
Available to all savers aged 60 or over, the Monthly Income 60+ (MI60+) product is specially designed to help those at, or nearing, retirement age to supplement their monthly income. Once the changes come into force, savers will ...
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Many young people believe that the standard of living in the UK won’t recover for a decade, according to a new report from Post Office Financial Services.
The research was conducted online by T-Poll on behalf of the Post Office People’s Panel during late March 2009, using a nationally representative sample of 1,541 consumers.
According to the report, almost a quarter (24%) of 18-24 year-olds believe that ...
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- Friday, May 29, 2009, 15:10
- Mortgages
The high street banks' net mortgage lending of £2.7bn has not been as low for some eight years, but the number of
mortgages approved for house purchases increased slightly in April, according to the latest figures from the British Banker’s Association (BBA).
The number of loans approved for house purchases in April was a seasonally adjusted 27,685, up from 26,671 in March but down 15.5% ...
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- Friday, May 29, 2009, 15:10
- Featured, Mortgages
House purchase lending in Scotland fell in the first quarter of 2009, continuing the decline seen at the end of last year, according to new data from the Council of Mortgage Lenders (CML).
The report revealed that there were 7,600 house purchase loans in Scotland, 34% from the previous quarter and 52% from the same ...
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- Friday, May 29, 2009, 15:10
- Featured
Spanish financial group Santander has announced that Abbey, Alliance & Leicester (A&L) and Bradford & Bingley (B&B) will all become known as Santander by the end of 2010. Abbey and B&B branches will see this happen in the first quarter of 2010, with A&L branches changing later in the year. The Santander name is now ...
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The latest report on consumer confidence from research firm GfK NOP shows that confidence in the economy held steady in May. The GfK NOP Consumer Confidence Index stayed level at -27, two points higher than the level seen this time last year.
Confidence in personal finances over the next 12 months rose two points in May to -1, two points higher than in April and three ...
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