- Monday, November 16, 2009, 16:03
- Featured, Household Finances
A new study from Sainsbury's Finance estimates that the annual cost of running a car has increased again, rising by around 2.68% when compared with last year.
The study suggests that the average annual cost of motoring, excluding any interest repayments on
loans taken out to purchase cars, is now around £2,338, up from ...
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- Monday, November 16, 2009, 15:57
- Debt Management
A new study from AXA has revealed that people deceive themselves and their families over
personal finances.
The survey found that almost one quarter (24%) of adults in the UK - equivalent to 12.2 million people - are hiding some form of debt (be that overdrafts,
credit cards, store cards,
loans etc) from their partner, friends or family according to research completed by ...
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Almost two-thirds (64%) of Brits recognise that you should be financially secure before starting a family according to a report carried out for NS&I by the Future Foundation.
Meanwhile, 78% agreed that the standard of living was an influencing factor when deciding how many children to have. Just 26% of Britons believe ...
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- Friday, November 13, 2009, 15:27
- Featured, Savings and Investments
New research from Fidelity International has highlighter a poor level of understanding of tax matters among Britons, which could result in savers needlessly wasting millions of pounds
The research which suggests that 33 million UK tax payers are confused about tax, was conducted in support of Fidelity's ‘Know Your Tax' campaign, launched to help ...
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- Thursday, November 12, 2009, 16:47
- Savings and Investments
Britain is failing its pensioners, according to a new report from Club Vita, a "pensions comparison club" created by Hymans Robertson.
The report states that seven out of ten members of the British public - of all ages - think that Britain isn't doing enough for the elderly in their retirement. And three quarters think there should be a substantial increase in the basic ...
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- Thursday, November 12, 2009, 16:34
- Debt Management, Featured, Mortgages
The Council of Mortgage Lenders (CML) has cut its forecast for the number of repossessions this year to 48,000.
Having anticipated 75,000 repossessions in 2009 in last year's housing market forecasts, the forecast had already been revised down to 65,000 in June, but is now being cut again in recognition of lender forbearance, government ...
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- Wednesday, November 11, 2009, 18:29
- Featured, Interest Rates
The Bank of England's inflation report was released today, in which Governor Mervyn King said the UK economy had ‘only just started' along the road to recovery.
Mr. King states:
"The UK economy is facing a prolonged period of balance sheet adjustment. That will not be achieved in a few quarters. The banking ...
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- Tuesday, November 10, 2009, 17:06
- Mortgages
Abbey, part of Spanish banking group Santander, has announced that from today it will be offering lower rates on mortgages to existing customers, when compared with its main range. Existing Abbey and
Alliance & Leicester current account customers who have held their account for more than six months will be entitled to benefit from new deals available in branch or on the telephone ...
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- Tuesday, November 10, 2009, 13:46
- Energy, Featured
The Government plans to put a new ‘smart meter’ in every home by 2020 to reduce energy consumption and prepare Britain for the eventual move to a low-carbon ‘smart grid’. The smart electricity and gas meters provide accurate real time information on energy consumption and the Government have stated that this will ...
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- Monday, November 9, 2009, 17:22
- Personal Finance
Young, single renters have been identified as the biggest target for ID fraudsters by new research from CreditExpert.
The research, which aims to reveal the people most at risk of ID fraud, found that identity fraudsters across the country are turning their attention from the wealthy to lower income victims living in rented accommodation ...
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