- Thursday, November 25, 2010, 16:30
- pensions
Pension costs are set to rise further as life expectancy increases faster than expected.
Figures calculated by the Institute of Actuaries as part of its ongoing research project, the Continuous Mortality Investigation (CMI), show that men who are currently aged 65 are now expected to live an additional 0.4 years to the age of ...
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- Thursday, November 25, 2010, 16:27
- Featured, Household Finances
Lower middle-class families will be an average of £720 worse off next year as a result of public sector cuts, rising inflation, wage stagnation and the planned VAT rise.
Research conducted by the Resolution Foundation found that Britain’s 11 million households that earn between £12,000 and £30,000 will see average wages fall ...
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- Wednesday, November 24, 2010, 14:30
- Featured, Personal Finance
The Prime Minister has warned that Britain could face a barrage of Irish jobseekers flooding into the country if efforts to save the country’s faltering economy fail.
David Cameron has said that the potential of an influx of Irish workers with the right to work in the UK had influenced the coalition government’s decision ...
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- Wednesday, November 24, 2010, 14:28
- Household Finances
The annual cost of running a car has risen by 6.3% over the past year according to the RAC’s motoring index.
Hikes in the price of petrol and insurance premiums have contributed to an annual rise of £346, twice the rate of inflation, taking the average yearly cost of keeping a car on the ...
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- Tuesday, November 23, 2010, 15:19
- Household Finances
Some lenders are forcing their customers to put their homes at risk for as little as £600 through the use of charging orders according to the Office of Fair Trading (OFT).
Financial companies can apply for a charging order through the courts if a borrower fails to keep up payments on unsecured debts such as ...
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- Tuesday, November 23, 2010, 15:17
- Featured
Property prices are likely to continue to fall in the near future according to Nationwide.
It’s figures are in broad agreement with most indicators showing that the housing market is facing an uncertain new year as the government’s public spending cuts start to bite.
The building society’s monthly survey showed that prices had dropped 3% ...
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- Monday, November 22, 2010, 15:43
- Personal Finance
Just over 2 million people are still paying off credit card and other debt spent on funding last year’s Christmas celebrations.
Research carried out by the mystery shopping group Consumer Intelligence found that one in seven of those surveyed borrowed to meet the costs of last year’s festivities. That’s equivalent to 6.9 million people ...
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- Monday, November 22, 2010, 15:40
- Debt Management
Every family in Britain will pay just under £300 to pay for George Osborne’s bailout of the Irish economy.
The £7.5 billion the UK taxpayer will pay towards the EU rescue package of £85 billion is roughly equivalent to the money the government plan to slash from public spending each year effectively wiping out one year’s worth ...
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- Friday, November 19, 2010, 14:59
- Featured, Household Finances
Energy companies are failing to inform customers of the savings they could make by switching to an online tariff.
Gas and electricity suppliers have been told by the sector’s regulator Ofgem to start sending out annual statements to help their customers better understand how much their energy is costing them. ...
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- Friday, November 19, 2010, 14:58
- Household Finances
A multi-millionaire senior adviser to David Cameron has said that Britons have never had it so good as a result of low interest rates.
Lord Young of Graffham, the government’s enterprise tsar, also dismissed the loss of 100,000 jobs in the public sector a year as a “margin of error” in a workforce of some 30 million. His comments come at a time when most of ...
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