Should I buy Life Insurance?
It’s going to happen to everyone, we don’t want to think about it, but your untimely demise could have one of the biggest financial implications for those closes to you, It’s never nice to think about, but as a rule of thumb, if you have dependants such as a partner or [...]
Protection previously afforded to thousands of people in divorce proceedings has been removed following a landmark Court of Appeal judgement.
Until now a husband or wife who came across information showing their partner was hiding money could copy it, use it and put it before the courts.
But the court reversed the principle, intended to help the [...]
Britains first bank for more than 100 years has opened it’s doors.
Metro Bank says it will emphasise good customer service, including long opening hours seven days a week.
The bank will open 10 more stores in the next two years, and aims to have more than 200 in Greater London within ten years.
Metro Bank hopes to [...]
Lloyds Banking Group has stopped selling payment protection insurance (PPI) to customers who borrow money.
It is the first bank to respond in this way to long-running criticism of the policies and the way they have sometimes been mis-sold.
PPI is supposed to help people pay loans, mortgages or credit card bills if they fall ill or [...]
Nearly two million counterfeit £1 coins were returned to the Royal Mint in the last financial year, figures show.
This was more than 23 times higher than the number seized six years earlier, MPs were told.
An estimated one in 36 £1 coins in circulation are counterfeit, prompting a campaign by the Royal Mint telling people how [...]
All out-of-work benefits and tax credits could be scrapped and replaced with a single payment in a “radical” shake-up of the welfare system.
The idea is one of several options being considered by Work and Pensions Secretary Iain Duncan Smith to make work pay.
He says the current system is “on the verge of breakdown”.
Labour have said [...]
Sometime borrowing a little extra money is unavoidable but it should never leave you out of pocket. There are some forms of credit that just aren’t worth it.
With Credit still being tight for most people in the UK, there are certain lenders who will prey on the vilnerable, those who are already in debt and [...]
An independent valuer has said that Bradford & Bingley shareholders should not get any compensation after the troubled business was split and sold.
The bank was split into good and bad partners in the aftermath of the banking crisis with the better half sold to Santnder. The decision could affect 935,000 investors. B&B share closed at [...]
Some pensioners are unlocking equity from homes as a last resort to pay off debts a report has found. Some pensioners are using the money to try and make retirement more comfortable and some are using the money to lend family money.
Age UK argues that during tough economic times, pensioners were finding it more difficult [...]
A growing number of scams are targeting holidaymakers who book their trips on the internet, prompting a safety campaign.
Some websites masquerade as genuine travel operators in an attempt to gather people’s credit card details.
Others are bogus links from official sites which are activated when computer users fail to update their anti-virus security.
The onus is on [...]
