Archive for July, 2007

Spending sees many unable to save for retirement

Monday, July 16th, 2007 Posted in News | Comments Off

New research has revealed that many people are unable to save for their retirement because of the amount they currently spend.A study by Fidelity International found that 45 per cent ... Read more..

Average house price reaches £211,056

Monday, July 16th, 2007 Posted in News | Comments Off

Property prices in the UK increased at an annual rate of 10.9 per cent in May, according to the latest figures published by the Department of Communities and Local Government ... Read more..

Card firms charge £50m in penalty fees

Sunday, July 15th, 2007 Posted in News | Comments Off

Credit card providers have earned up to £50 million from customers in the last six months through penalty fees, it is claimedAccording to research by MoneyExpert.co.uk, up to 4.1 million ... Read more..

Education ‘too late for indebted graduates’

Thursday, July 12th, 2007 Posted in News | Comments Off

Proposals for the implementation of financial education in schools have come too late for university graduates laden with debt, it was claimed today.According to Moneyextra.com, the government's plan to introduce ... Read more..

Summer expenses ‘total £4.7bn’

Thursday, July 12th, 2007 Posted in News | Comments Off

This summer could prove to be a costly one for UK parents after research from Abbey Current Accounts found that the price of entertaining children is likely to top £4.7 ... Read more..

FTBs ’struggling’ to afford a home

Thursday, July 12th, 2007 Posted in News | Comments Off

First-time buyers (FTBs) in the UK are facing further struggles in their attempts to get a foot on the property ladder, it has been claimed, due to rising interest rates ... Read more..

Mortgage strugglers ‘need to take action’

Thursday, July 12th, 2007 Posted in News | Comments Off

Those in financial difficulty or struggling to keep up with mortgage repayments following the recent interest rate rises need to take action immediately, it was urged today.According to new research ... Read more..

Brits warned about holiday spending

Thursday, July 12th, 2007 Posted in News | Comments Off

While a break in the sun is tempting for many, Britons are being warned of the potential cost taking a holiday could incur.According to Alliance & Leicester (A&L), ten per ... Read more..

Expert: Don’t start married life in debt

Thursday, July 12th, 2007 Posted in News | Comments Off

The myriad of things to pay for when planning a wedding may lead people into debt and would-be newlyweds are being advised to avoid this situation, it emerged today.Although some ... Read more..

Britons have ‘never had it so good financially’

Tuesday, July 3rd, 2007 Posted in News | Comments Off

New research comparing the UK of 1957 to that of 2007 has revealed that Britons have never had it so good financially.Halifax Financial Services stated that 50 years ago 38 ... Read more..

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