Friday, 16 May 2008

Personal Finance News

Video: Advice to help with your mortgage worries

Published 16 May 2008

Chris McDonald In our latest Money Matters video Chris McDonald, of the Cumberland Building Society, offers advise to home owners facing the end of a fixed-rate mortgage deal.

Get paid more, spend less, enjoy life

Published 13 May 2008

British professionals could boost their salaries by more than 40 per cent by relocating abroad, research has revealed.

After the crisis at Northern Rock, 11 per cent put their money under the mattress

Published 1 May 2008

The number of people who think the best place to keep their money is under their mattress has nearly trebled during the past year.

The art of making wise investments

Published 24 April 2008

More investors are putting their money into the art and antiques market due to fears over continued volatility in the financial sector.

Unsecured debts propel one million along the road to ruin

Published 24 April 2008

The number of people unable to keep up with their debts could double during 2008 as the credit crunch hits, a report warned this week.

Beware, auction slump is just a lull

Published 17 April 2008

The number of homes being sold at auctions has fallen to a three-year low as buyers become more cautious.

Government’s £1,500 to help some first-timers buy a home

Published 17 April 2008

New measures to help first-time buyers and key workers onto the housing ladder have been revealed by the Government.

Bad news for the credit card jugglers

Published 10 April 2008

Britons have collectively had their credit limits slashed by £3.1 billion as credit card companies worry about consumers’ ability to repay their debts.

New tax rate is ‘robbing the poor to pay the better-off’

Published 10 April 2008

Labour this week faced claims it was plundering the lowest paid workers in the country to fund tax-cuts for the better-off.

Save for your children as you spend on your card

Published 3 April 2008

A new scheme that lets parents save for their children, while spending money, was launched this week. Called KidStart, the scheme sees a contribution paid into a designated Child Trust Fund or children’s savings account every time a member spends cash at certain online retailers.

Stand by for £200 extra on household bills

Published 2 April 2008

The average family faces a hike of nearly £200 in household bills this year, putting a further squeeze on disposable income, a report said today.

Who wants to be a millionaire?

Published 1 April 2008

More than one in seven people think they will become millionaires during the coming decade, a survey has shown.

Stock up on hankies, America is sneezing

Published 31 March 2008

An influential report has warned thast the world’s biggest economy is on the verge of recession, which could spell major problems for the UK. A draft version of the International Monetary Fund’s World Economic Outlook concluded the US economy “remains very weak, certainly close to a possible recession”.

A hint of peace in the war on punitive overdraft charges

Published 29 March 2008

The battle to banish “unfair” overdraft charges has scored an early victory, with banks now charging account holders in the red an average five per cent less.

Switch loans and save hundreds

Published 29 March 2008

Consumers could save hundreds of pounds by switching personal loans to get a better deal, research has shown.

Pop goes the housing bubble with 123 repossessions a day

Published 29 March 2008

This year is set to become the year of the repossession as Britain's housing bubble finally begins to deflate.

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