- Friday, August 28, 2009, 17:24
- Featured
Mike Perham has broken the record for the youngest person to sail solo around the world. Mike’s 50ft yacht, TotallyMoney.com, crossed the finish line off the Cornish coast marking the end of his epic 30,000 mile, 9 month voyage at 09:47:30am. Mike, at 17, is two months younger than American Zac Sutherland who ...
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- Friday, August 28, 2009, 16:29
- Energy, Featured
A new report by the Institute for Fiscal Studies (IFS) has revealed that despite having increased spending on fuel by almost one third between 2004/5 and 2006/7 to meet higher bills,
poorer pensioners have reduced their fuel consumption by 7%.
The report, commissioned by Age Concern and Help the Aged, which looks at pensioner spending ...
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- Friday, August 28, 2009, 16:28
- Energy, Household Finances
If you’ve ever opened an
energy bill only to find yourself completely baffled by the figures within, the results of the latest research from uSwitch.com may not surprise you.
In an experiment to test the problems people have when reading
utility bills, uSwitch gave over 2,700 people an energy bill with the total and ...
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- Friday, August 28, 2009, 16:27
- Featured, Savings and Investments
If you have a child turning seven in the next few weeks, they can look forward to being among the first children to receive a £250 top up for their Child Trust Funds.
CTFs offer a way for
parents to save for their children. Money can be added to the account each year, but cannot ...
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- Friday, August 28, 2009, 16:26
- Featured, Mortgages
New figures from mortgage broker John Charcol has revealed that the market share held by
tracker and
discount rate mortgages among its clients is up from 17% in June to 35% in July.
Fixed rate mortgages have lost their sheen, following the recent steep rise in the cost of fixed rate mortgages, according to ...
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- Friday, August 28, 2009, 16:25
- Debt Management, Household Finances
Figures released this week by the Office for National Statistics (ONS) have revealed that the number of working-age people in workless households in April-June 2009 was 4.8 million. This is an increase of half a million when compared with a year earlier. The number of children in
workless households also rose by 170,000 to 1.9 million.
The number of workless households was 3.30 million, up ...
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- Thursday, August 27, 2009, 16:04
- Credit Cards, Personal Finance
One in five Brits tell friends and family their PIN numbers, according to new research from LV= home
insurance.
The insurer is warning
cardholders who have shared their PIN that they could be open to fraud.
Of the eight million adults who have given their chip and pin details to someone else in the last ...
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- Thursday, August 27, 2009, 16:04
- Debt Management, Mortgages
The
debt burden for retirees is getting progressively worse, according to the fifth annual UK Pensions Report from Scottish Widows.
The report reveals that almost one in six (15%) retired people in the UK have an
outstanding mortgage, with an average debt of £50,100 - an £8,000 increase from 2008.
When it comes to unsecured debt such as
credit cards and
personal loans, ...
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- Thursday, August 27, 2009, 16:03
- Household Finances
Motorists are wasting over £411 million every year by not
shopping around for insurance, while only 14% of travellers use comparison sites to secure the best deal, according to research from Confused.com.
The research suggests that one-in-four homeowners have cancelled their policies in an attempt to shave costs off
monthly outgoings during the recession, rather than attempting to save money by shopping around. This ...
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- Thursday, August 27, 2009, 16:03
- Savings and Investments
Leeds Building Society has launched a new three year
fixed rate savings bond, which is available in branches and guarantees to pay a return of 4.30%.
The account allows savers access to up to 10% of the capital invested at any time, without notice or penalty, but the remaining balance must be committed for the whole three year term.
The minimum investment is £1,000 (maximum £1,000,000) ...
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