- Tuesday, November 24, 2009, 16:11
- Personal Finance
A new study for swiftcover.com has revealed that we are nation confused by car
insurance - and it could prove very
bad for our finances. The survey found that 42% of Brits struggle to understand the terms used in their car policy, leaving them uncertain over what is covered, and 18% believe policies are purposely designed to confuse them.
The research shows that 23% ...
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- Tuesday, November 24, 2009, 16:09
- Featured, Mortgages
New
mortgage lending and house purchase approvals increased slightly, according to the latest figures from the British Banker's Association. Mortgage lending continued to grow from the low levels at the end of 2008, but
consumer credit continued to be weak and lending to non-financial corporates fell.
BBA statistics ...
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- Monday, November 23, 2009, 17:43
- Debt Management, Featured, Mortgages
The number of private homes in England that have been empty long-term has risen above 300,000, according to the latest annual Halifax Empty Homes survey.
Looking at
private homes that have been vacant for more than six months, the report shows that the number exceeded 300,000 in 2008 for the first time in ...
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- Monday, November 23, 2009, 16:46
- Debt Management, Personal Finance
A new survey from consumer advice group, Which? suggests that the UK's banks could yet be flooded with another 8 million
bank charges claims.
The figures show that, of around 12 million people that have been hit with bank charges since July 2001, over three in five (63%) haven't asked for their money back.
In January 2008 the UK's leading
high street banks and OFT ...
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The Queen's Speech was delivered at 11.30am on Wednesday 18th November 2009 as part of the State Opening of Parliament. Personal finance and poverty commentators were quick to voice their response to the proposals announced.
Commenting on the detailing of plans for a new National Money Guidance Service, Citizens Advice's Head of Press & Public Affairs, John Ludlow said:
"Of the new measures announced, we warmly ...
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- Friday, November 20, 2009, 18:09
- Household Finances, Personal Finance
Britain is facing extreme weather conditions, with 92 flood warnings currently in force across England and Wales. And as water levels rise, so too does the cost to drivers.
Following the massive floods that hit Britain in 2007, it is estimated that over £35m was paid out by
UK insurers for cars either caught ...
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A new study suggests that almost half of Britons (44%) are interested in finding out about the ethical credentials of the next
financial product or service that they buy.
The national online consumer survey, conducted by Ipsos MORI on behalf of non-profit research organisation EIRIS, was commissioned to explore post credit-crunch attitudes to ethical finance. The survey found that three-quarters of those interested in finding ...
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- Thursday, November 19, 2009, 15:23
- Featured, Mortgages
New figures released today by the Council of Mortgage Lenders (CML) show that gross
mortgage lending reached an estimated £13.5 billion in October, a 5% rise from £12.9 billion in September but down 27% on £18.5 billion in October 2008.
According to the CML, this is "typical seasonal activity between September and October", as the ...
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- Wednesday, November 18, 2009, 15:03
- Featured, Savings and Investments
Are your savings are inflation proof? As inflation rates have increased for the first time since February this year, a new report is warning savers to check their
savings products' rates to make sure they don't get eaten away by
inflation.
The moneysupermarket.com report explains that basic rate tax payers will need an interest ...
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- Wednesday, November 18, 2009, 14:57
- Debt Management, Savings and Investments
New research from The Co-operative Bank Current Accounts has revealed the nation's current attitudes to money, and broken them down by region.
The findings show the average person in Britain has £3,492 in
savings, but actually dreams of having an amount that is 188 times higher at £656,723. People in East Anglia wish for £868,000 on average, whereas people from the North East would be ...
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