Archive for the ‘Featured’ Category

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Government hammers wine drinkers

Government hammers wine drinkers
If you’re thinking of turning to drink to dull the pain of the next seven years of austerity, you’ll be making a valuable contribution to eliminating the country’s structural deficit.< The amount of tax revenue the government brings in from duty on wine will rise by more than half over the next ...
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Over 50s dubbed the ‘generous generation’

Over 50s dubbed the ‘generous generation’
A third of people aged over 50 help their children and grandchildren financially, according to Saga’s Quality of Life index. The group’s latest quarterly report on the living standards of the over-50s found that one in three of the group are providing financial assistance to family members and that 46% plan to give money to a ...
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What the European debt crisis means for you

What the European debt crisis means for you
UK banks are currently owed hundreds of billions of euros by the countries currently at the centre of the European debt crisis. France owes British banks €227 billion, while Ireland, Spain, Italy and Portugal owe €104.5 billion, €74.9 billion, €54.7 billion and £18.9 billion respectively, according to data from the Bank for International ...
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Police target fake shopping sites

Police target fake shopping sites
More than 2,000 fraudulent websites have been closed in a pre-Christmas crackdown by the Metropolitan Police’s Central e-Crime Unit (PCeU). Websites selling fake or non-existent goods from brands such as Nike, GHD, Tiffany and Ugg were targeted as part of the operation. Some of the sites were selling substandard counterfeit goods at a knockdown price ...
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Property asking prices plummet

Property asking prices plummet
The average asking price for a UK home fell by the largest amount for nearly four years last month, according to the latest House Price Index from Rightmove. The property website said asking prices fell 3.1% between October and November, with the average house being put on the market for £232,144. Rightmove said the ...
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How to enjoy a cut-price Christmas

How to enjoy a cut-price Christmas
Without meaning to sound too Scrooge-like, Christmas is bad news for your finances at the best of times. But at the end of a year that’s seen wage freezes, rising unemployment and the cost of living skyrocket, the post-festive slump is likely to be even more unpleasant than usual when credit card statements start ...
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Commons to debate abandoning petrol price hike

Commons to debate abandoning petrol price hike
David Cameron faces the prospect of a commons revolt when MPs debate a motion to stop the rising price of fuel. The motion, tabled by the Conservative Robert Halfon and backed by 100 MPs - including 83 Conservatives and five Liberal Democrats – calls on the government to abandon January's proposed increase of 3p a ...
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MP calls for crackdown on payday loan firms that target military

MP calls for crackdown on payday loan firms that target military
Payday loan companies that charge high rates of interest are targeting members of the armed forces and ex-servicemen, according to a Labour MP. Stella Creasy, who represents Walthamstow, said the government must take action to stem a rising tide of debt problems among Britain’s armed forces. A third of all problems dealt with by the ...
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Private rents to rise by a fifth in five years

Private rents to rise by a fifth in five years
Rents will rise across the UK by more than 20% while house prices fall back dramatically over the next five years, according to the international estate agency Savills. Demand from those unable to secure funding to buy their own home or unwilling to make the financial commitment in the current economic circumstances will push ...
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‘Fuel-anthropy’ initiative urges wealthy to donate fuel allowance

‘Fuel-anthropy’ initiative urges wealthy to donate fuel allowance
Comfortably off pensioners have been urged to donate their winter fuel allowance payments to elderly people on low incomes. The ‘Surviving Winter’ campaign, which was launched this morning by the Community Foundation Network with the support of Saga, calls on wealthier over-60s to hand an amount equivalent to their allowance to a charity that ...
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