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  • Parents won't stop supporting their children
    More than a quarter of parents think that they will never stop financially supporting their children, according to Legal & General Investments.   Only one in five sets of parents see the 18th birthday as the signifier of ...
    Wed 30th Nov, 2011
  • Younger generation should think about pensions sooner
    Yesterday’s announcement that the rise in the state pension age to 67 is to be brought forward to 2026 – affecting those born after 1959-60 – means that it is more important than ever for the population to keep saving ...
    Wed 30th Nov, 2011
  • Autumn Statement 2011: Growth downgraded
    Chancellor George Osborne delivered his Autumn Statement today facing pressure to explain lower than predicted growth.   Osborne began by announcing that economic growth figures by the Office of Budget Responsibility do not ...
    Tue 29th Nov, 2011
  • Mobile credit card payments to start in December
    The UK will soon see the introduction of a mobile payment service for Blackberry and Android devices.   CreditCall is soon to launch CardEase Mobile, a mobile payment application that will allow businesses to accept Chip ...
    Tue 29th Nov, 2011
  • Housing market still proving resilient
    The Nationwide House Price Index shows prices to have risen slightly in October, despite crumbling economic conditions for the housing market.   The price of an average home currently stands at £165,798 (non-seasonally ...
    Tue 29th Nov, 2011
  • How could a credit card improve your Christmas?
    With online spending on cards likely to be a popular route to Christmas shopping this year, it is worth considering whether your card offers you the best deal. It has been widely noted recently that, given the financial ...
    Mon 28th Nov, 2011 (2 Comments)
  • Government announces credit and investment schemes
    The government is seeking to absorb criticism of its planned rise in business rates by investing in measures to get the economy moving.   Britain’s biggest retailers have expressed concerns about the proposed 5.6% ...
    Mon 28th Nov, 2011
  • British Gas simplifies tariffs
    British Gas has moved to simplify its tariffs in an effort to regain public trust.   The utility provider is set to switch to just two tariffs – variable and fixed – and has pledged to become more transparent with its ...
    Fri 25th Nov, 2011 (1 Comment)
  • Financial Planning Week reveals UK uncertainty
    A poll carried out for Financial Planning Week has identified the Eurozone and UK inflation as the biggest fears affecting confidence for 2012.   The Institute of Financial Planning has carried out a series of polls ...
    Fri 25th Nov, 2011
  • Eurozone crisis could force up price of loans and mortgages
    The eurozone crisis could force up the price of loans and mortgages for already struggling households, the Nationwide has warned.   Nationwide said that wholesale money markets are tightening as Europe leaders struggle to ...
    Thu 24th Nov, 2011
  • Average two-child family requires £25,000 to break even
    The average British family now requires £24,600 a year just to break even, according to a report commissioned by Skipton Financial Services.   From a sample of 2,000 families with at least two children, it was revealed ...
    Thu 24th Nov, 2011
  • Comment: Inflation-Linked Savings - Smoke and Mirrors
    There have been some significant moves in the market for savings products this week, driven mostly by concerns about inflation.   Santander has looked to muscle into the space vacated by NS&I, who announced a withdrawal of ...
    Thu 24th Nov, 2011 (2 Comments)
  • Vanquis sets the bar with market-leading 2-year bond
    Vanquis' 2-year bond lays down the gauntlet.   Vanquis Bank has laid down a mark to its competitors by increasing the rate on their two-year fixed-rate bond to 4.05% (3.24% net).   This makes Vanquis’ bond the current ...
    Wed 23rd Nov, 2011 (4 Comments)
  • Inflation high on MPC's agenda
    Minutes released today from the November meeting of the Bank of England's Monetary Policy Committee show reluctance to advance the quantitative easing package further, but reiterated the committee's hopes that inflation would ...
    Wed 23rd Nov, 2011
  • Housing market 'unlikely to recover', says Bank of England expert
    The housing market may not recover from the financial crisis, a Bank of England expert has warned, though it may prove a benefit in disguise.   According to David Miles, a member of the Bank’s Monetary Policy Committee, ...
    Wed 23rd Nov, 2011
  • Single-trip travel insurance policies neglect winter sports
    13% of single trip travel insurance policies do not offer any cover for winter sports, accordingly to Defaqto, and where it is offered, the type of cover varies widely between policies.   Consumers planning a winter-sports ...
    Tue 22nd Nov, 2011
  • Store cards set to be more tightly regulated
    Store cards are set to come under much tighter regulation to stop retailers tempting consumers into spending what they don’t have.   Two years ago, store cards were highlighted as a particular concern because even though ...
    Tue 22nd Nov, 2011
  • Government housing scheme aims to help first-time buyers
    The government has launched a £400 million 'Get Britain Building' programme designed to help first-time buyers, create jobs, and propel the economy forward.     The scheme should introduce taxpayer-supported 95% ...
    Tue 22nd Nov, 2011
  • Two million credit card holders ready to switch providers
    UK consumers are proving to be shrewd customers in how they handle their credit cards, with many set to switch providers when their 0% balance transfer and 0% purchase deals expire.   According to Sainsbury’s Bank, nearly ...
    Mon 21st Nov, 2011
  • Current account reforms to benefit millions
    Changes to how personal current accounts operate will help millions of bank customers to manage their finances and deduce whether they are satisfied with the service they are receiving, the British Bankers’ Association have ...
    Mon 21st Nov, 2011
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