Archive for the ‘Household Finances’ Category

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800,000 homeowners robbed while on holiday

800,000 homeowners robbed while on holiday
16% of all British households have been the victim of burglary whilst they were away on holiday, according to new research from Direct Line Home Insurance. The research revealed that June and August see more claims against household insurance than at any other time of year. The report authors argue that a failure to take ...
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Pregnancy heralds joy, excitement and a hefty pay cut

Pregnancy heralds joy, excitement and a hefty pay cut
Becoming a mother could have a devastating impact on your earnings, according to a report released today by the Fawcett Society. The report, entitled ‘Not having it all: How motherhood reduces women’s pay and employment prospects’ draws together the most recent academic research from several sources to highlight the discrimination faced by mothers. The pay gap between ...
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“Tangible signs” of economic improvement seen

“Tangible signs” of economic improvement seen
A report from the Organisation for Economic Cooperation and Development (OECD) has revealed that the majority of countries within its reach, including Britain, are seeing the start of a potential economic recovery. The OECD Composite Leading Indicator (CLI) is designed “to provide early signals of turning points in business cycles – fluctuations of economic activity around ...
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Pay utility bills by direct debit to save a packet

Pay utility bills by direct debit to save a packet
If you are struggling to meet the cost of utility bills, you may benefit from reviewing your payment methods to see if there are savings to be made. Research from moneysupermarket.com has shown that householders on a standard energy tariff and paying quarterly by cash or cheque, could save an average of £170 per ...
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Consumers’ expectations for the economy are more positive

Consumers’ expectations for the economy are more positive
The Nationwide Consumer Confidence Index recorded an increase in consumer confidence, moving up from 54 in May to 58 in June. This report shows that consumers are feeling increasingly positive, as confidence levels return to a level close to those recorded in June 2008, when they were at 59. Consumer confidence is generally seen as important ...
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Cost of living rising faster for Britain’s retirees

Cost of living rising faster for Britain’s retirees
Retired people are seeing their cost of living rising at a much higher rate than the national average, according to research from retirement income specialists MGM Advantage. MGM Advantage analyzed the Family Spending Reports released by the Office of National Statistics for the last six years. The research found that between 2002/03 and 2007, the ...
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Understand your energy usage to save hundreds

Understand your energy usage to save hundreds
Getting a handle on your energy usage around the home could reduce your utility bills by up to 40%, according to a report from Tesco Compare. The heat wave and longer days are allowing most householders to cut back on energy costs by using less lighting and heating, so there has ...
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Combining insurance isn’t always cheapest option

Combining insurance isn’t always cheapest option
More than two-fifths of households would save money by buying home and buildings insurance separately, rather than combined, according to research by AA Insurance. The study compared nearly 25,000 home insurance quotes for 750 homeowners throughout the UK and found that 41% could pay less overall if they took out their buildings and contents policies from different insurers. When temporary promotional discounts were removed ...
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£80,000 taxi fare to send schoolboy round the houses.

£80,000 taxi fare to send schoolboy round the houses.
A British county council has landed local taxpayers with an £80,000 bill for the cost of a 10 year olds taxi fare to school.10 year old Daniel Foulds-Holt of Edburton has been assigned his second choice grammar school – one for which there is no bus service from his house. As a result, Daniel will ...
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Minimum cost of living rising at twice the rate of inflation

Minimum cost of living rising at twice the rate of inflation
The minimum cost of living, as perceived by members of the public, is rising at twice the rate of inflation, according to a new report published by the Joseph Rowntree Foundation. According to the report, the minimum income standard for Britain in 2009, which represents the income needed to afford a minimum socially acceptable standard of ...
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