- Thursday, December 2, 2010, 16:27
- Featured
House prices are falling by around £40 a day wiping out the last 12 month’s gains according to the county’s largest building society.
The Nationwide says that the average house price fell by 0.3% in November, the equivilant of almost £1,000 in a month.
Despite the fact that the cost of a house remains the ...
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- Thursday, December 2, 2010, 16:22
- Economy
The cold weather and snowy conditions could cost the UK economy £6 billion through lost sales and decreased productivity.
Retailers, restaurants and bars are likely to be the worst hit as consumers avoid making unnecessary journeys in to town centres and stay at home as snow continues to fall across the country.
RSA, the insurance company, has ...
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- Wednesday, December 1, 2010, 15:51
- Debt Management
Yesterday’s announcement in the Welsh assembly will cause what the Daily Mail describes as a “tuition fees apartheid” with students in England paying up to £18,000 more for their education than their counterparts in Wales and Scotland.
Under the planned rules, an English student studying in a Welsh or Scottish ...
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- Wednesday, December 1, 2010, 15:45
- Debt Management
Nine out of ten people aged between 18 and 35 have built up unsecured debt that they will never be able pay back.
A study for Myvouchercodes.co.uk found that 89% of people surveyed feared that they would die owing large amounts of money to credit card, loan and overdraft providers.
Of those who said that they expected ...
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- Tuesday, November 30, 2010, 14:54
- Debt Management
The amount of money written-off by banks on unsecured consumer debt fell sharply in third quarter of the year after hitting a high in the previous three months.
Lenders wrote off £1.83 billion in defaulted debt in the three months to the end of September, some 47% less than the £3.47 billion lost in ...
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- Tuesday, November 30, 2010, 14:53
- Economy, Featured
Public sector job losses will be fewer than predicted by George Osborne during the coalition government’s comprehensive spending review according to the Office for Budget responsibility (OBR).
The governments’ fiscal watchdog, set up by the chancellor to give an independent view of public spending and the country’s prospects for growth, said that 160,000 jobs are likely ...
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- Monday, November 29, 2010, 15:08
- Featured, Mortgages
UK house prices fell for the fifth consecutive month in November according to the property information group Hometrack.
Hometrack said that prices are likely to continue their downward trajectory and predicted that property prices would fall 2% in 2011 on the back of supply continuing to outstrip demand.
The value of the average house dropped by 0.85 ...
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- Monday, November 29, 2010, 15:03
- Economy
Online shoppers are expected to make this Monday the busiest trading day of the year for e-tailers. “Mega Monday” could see sales hit £22.4 million per hour as thousands of consumers place orders to ensure purchases reach them in time for Christmas.
According to the retail comparison site Kelkoo, sales could ...
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- Friday, November 26, 2010, 15:24
- Household Finances
Energy suppliers are making £90 profit on duel fuel accounts, up from £65 just two months ago.
The industry regulator Ofgem has announced a review to scrutinise the 38% rise to ensure that energy suppliers are treating their customers fairly. The increase factors in recent price rises by British Gas, ...
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- Friday, November 26, 2010, 15:18
- Economy, Featured
The unemployed outnumber job vacancies by a ratio of four to one in London.
Analysis by the GMB trade union found that there are 4.1 unemployed people claiming benefits in the capital for every available job vacancy, making London statistically the most difficult place to find work in the country.
GMB’s research was based upon official unemployment ...
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