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Thursday, 17 April 2014

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Personal Finance News

UK’s ‘astronomical’ living costs for family of four

Families with two or more children need to take home nearly £25,000 a year just to get by amid “astronomical” living costs, research has claimed.

Last updated 2 December 2011
Published by http://www.cumberlandnews.co.uk

A generation of generosity

Britain’s over-50s have been dubbed the “generous generation” after a report found that a third are providing financial support to their children and grandchildren.

Last updated 2 December 2011
Published by http://www.cumberlandnews.co.uk

A Christmas credit to us

Traders will now be hoping that their tills will start ringing a little more frequently as the countdown to Christmas really gets underway.

Last updated 25 November 2011
Published by http://www.cumberlandnews.co.uk

Brits spend more on Christmas than rest of Europe

Families will spend on average almost £700 this Christmas, research has found. The figure is slightly up on last year and includes bills for gifts, decorations and food and drink.

Last updated 18 November 2011
Published by http://www.cumberlandnews.co.uk

Turning on the ‘fuel-anthropy’

A campaign has been launched to enable wealthier pensioners to donate their winter fuel payments to those who are struggling to keep warm.

Last updated 18 November 2011
Published by http://www.cumberlandnews.co.uk

Debts start young now

Young people are being saddled with debt but are unlikely to build up assets in the same way as previous generations, a report has concluded.

Last updated 11 November 2011
Published by http://www.cumberlandnews.co.uk

Numbers hide real figures

Bankruptcies have hit their lowest levels since 2004 as fewer people were declared insolvent in the third quarter of the year.

Last updated 11 November 2011
Published by http://www.cumberlandnews.co.uk

CTF replacement launched

A new tax-free savings account for children was launched this week.

Last updated 4 November 2011
Published by http://www.cumberlandnews.co.uk

We’re all Scrooge now

skintxmas411 Three quarters of people asked in a survey say they plan to spend less this Christmas. Gifts for family and friends will bear the brunt of the cuts, according to the Co-operative’s annual Christmas spending survey.

Last updated 4 November 2011
Published by http://www.cumberlandnews.co.uk

Worth saving up for

It would seem that having something to save for is an incentive for people to put a little bit extra away. And people could hardly be blamed for wanting to have a little tucked aside – often to make sure they can enjoy some of life’s luxuries.

Last updated 28 October 2011
Published by http://www.cumberlandnews.co.uk

80% say things won’t get better

Rising unemployment, weak economic growth and squeezed household budgets have pushed consumer confidence closer to its all time low.

Last updated 28 October 2011
Published by http://www.cumberlandnews.co.uk

Highest fully comp costs in north west of England

Comprehensive car insurance cover has been driven up by 12.3 per cent, or around £92, in the space of a year, taking the typical premium to £843.

Last updated 21 October 2011
Published by http://www.cumberlandnews.co.uk

Piggies getting fatter

Britons are weathering the tough economic climate by stepping up their savings, putting away 12 per cent more every month than a year ago.

Last updated 21 October 2011
Published by http://www.cumberlandnews.co.uk

Aberdeen top for spends

Aberdeen has seen the fastest rise in disposable income in UK towns and cities in recent years, research has found.

Last updated 14 October 2011
Published by http://www.cumberlandnews.co.uk

Budgeting balancing act

More than half of households are “scrimping” to pay bills, an increase of more than a million homes on last year, a survey has found.

Last updated 14 October 2011
Published by http://www.cumberlandnews.co.uk

New faces on security-enhanced £50

A new-style £50 note with enhanced security features will come into circulation in November, the Bank of England has announced.

Last updated 7 October 2011
Published by http://www.cumberlandnews.co.uk

Our capital countryside

mbrural Homes in the countryside have gone up in value by nearly £600 a month in the last decade to be worth £27,000 more than urban properties.

Last updated 7 October 2011
Published by http://www.cumberlandnews.co.uk

Old aged, poorer

Pensioners’ income has fallen to an 18-month low with more retired people dipping into their savings to keep afloat.

Last updated 30 September 2011
Published by http://www.cumberlandnews.co.uk

Losing faith in pension schemes

PUBLIC confidence in pensions has hit a record low in the wake of the financial crisis, according to a new report.

Last updated 30 September 2011
Published by http://www.cumberlandnews.co.uk

Housing market uncertainty

houseprices239 Fears of another global economic crisis hit the housing market last month as the number of sales dropped to a two-year low.

Last updated 23 September 2011
Published by http://www.cumberlandnews.co.uk

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