Category: Money News
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Cancer Research UK is the world’s leading charity dedicated to beating cancer through research. We have discovered new ways to prevent, diagnose and treat cancer that together have saved millions of lives across the world. We have been at the heart of the progress that has already seen survival rates double in the last thirty [...]
Charities facing up to £5 billion in cuts
The charity sector is facing local and national government funding cuts of between £1bn and £5.5bn in the current financial year, a report suggests. The leaked report, obtained by the Labour Party and compiled by an umbrella group said the situation had worsened since last March. Gareth Thomas, the shadow civil society minister, said charities [...]
Mortgage Misery for thousands as Halifax raise standard variable rate to 3.99%
The UK’s biggest Mortgage lender, the Halifax has confirmed it’s increasing it’s variable mortgage rate from 1 May, the rise from 3.5% to 3.99% was due to higher costs of raising ends. It follows RBS who raised the rate on two of its mortgages from 3.75% to 4%. Some 200,000 borrowers with [...]
Save money and future health issues with a FREE eye test voucher
Save money and potential future health issues and claim a totally free eye test voucher. You may already be entitled to a FREE eye test. Check if you could claim a totally free eye test from the official NHS list below. Even if you are not entitled to a FREE eye test, we have teamed [...]
Orange increase the cost of line rental by 4.34%
Orange have text pay monthly customers to announce an increase on it’s pay monthly line rental. A very unusual step. Some customers have emailed us asking if they are allowed to do this, whilst in a monthly contract. What Orange are saying As you probably know, inflation is at a 20 year high, which is [...]
Payday Loan Debts Quadruple in 2 years
The number of people running into debt through so-called payday loans has quadrupled in two years, according to one debt advisory service.Payday loans are small, short-term unsecured loans designed to tide people over until they get their salary. The Citizens Advice Bureau says it is too easy to obtain such credit and is calling for [...]
Interest Rates held and £75bn to be pumped into the economy through quantitative easing
The Bank of England has said it will inject a further £75bn into the economy through quantitative easing (QE). The Bank has already pumped £200bn into the economy by buying assets such as government bonds, in an attempt to boost lending by commercial banks. But this is the first time it has added to its [...]
Apple Profits Leap on Strong iPhone and iPad sales
Apple’s latest profits soared past expectations as sales of its best-known iPhone and iPad products more than doubled. Net income was $7.31bn (£4.6bn) in the three months to 25 June, 125% higher than a year earlier and a record quarterly profit for the firm. Revenue was $28.6bn, also a quarterly record. Apple sold more than [...]
Debt Fears Continue
European stock markets fell heavily on Monday, weighed down by fears that the eurozone’s debt crisis was spreading. In Italy shares dropped 4%, in France the Cac index fell 2.7%, Germany’s Dax fell 2.3%, and London’s FTSE 100 was down 1%. US markets were also down. Banks across Europe were hit hard, with Italy’s Unicredit [...]
Home Improvements that add value to your property
Home Improvements that add value to your property It’s still hard to sel homes and homeowners are looking at ways to make their home stand out from the crowd as well as adding value to their home. Even a lick of paint can add value to your home! Most home improvements will enhance the resale [...]
Greece Crisis Loan on Hold
Greece Loan On Hold Eurozone finance ministers have postponed their decision on a new 12bn-euro loan to Greece pending further austerity measures. The ministers have stated that they now expect the latest package aid to be made by mid-July. This depends on the Greek government surviving a vote of confidence on Tuesday.
New Restrictive Car Insurance rules come into effect
More restrictive car insurance rules have come into effect as the government seeks to clamp down on uninsured drivers. From Monday, drivers will need to declare their car as being off the road if they want to avoid buying insurance. Previously, offenders had to be caught in the act of driving without insurance to be [...]
A Sting in your Home Insurance
Millions of people could be stung by wasps this summer, as the warm spring leads to a significant increase in their numbers. New findings from the AA?s Home Emergency Response Service reveal that three in four homeowners are completely unprepared for the wasp invasion, and it says it is expecting an increased number of claims [...]
UK Retailers facing tough times ahead warn a think tank
UK retailers could be facing many years of poor sales growth, an economic think tank has said. Consumer spending is expected to rise by only 2% a year in the 10 years up to 2020, according to Ernst & Young’s Item Club. Spending is being weighed down by debt repayments, restricted lending and high inflation, [...]
Sky to create 50 new finance jobs at its Livingston office
Satellite broadcaster Sky has announced it is to create 50 new finance jobs at its Scottish operation in Livingston. The posts will be based at Alba Campus, close to Sky’s current site in the West Lothian town. The company is to recruit from a range of backgrounds, from graduates through to skilled and experienced finance [...]
Dental Care hit by money concerns
People may be putting off getting dental treatment due to financial worries, a survey has suggested. Almost seven out of 10 (68%) dentists said their patients were deferring treatment and 59% reported cancelled appointments. Advertisement Cheap dental insurance cover with 1 month free The poll of 251 dentists in England, for the British Dental Association [...]
Rents fall for the second month in a row
Rents fell for the second month in a row during January as investors piled into the buy-to-let market, research has indicated. The average rent in England and Wales dropped by 0.3% to stand at £682 a month, as a rise in professional landlords helped to ease the mismatch between supply and demand which had been [...]
Fuel Prices Soar as retailers don’t pass on cuts
Petrol and diesel prices are at a record high – because retailers are not passing on cuts in the wholesale market, the AA has said. Average petrol prices have reached an all-time high of 128.81p a litre – up 0.54p a litre from mid-January. Diesel has also hit a new record of 134.01p a litre [...]
1 in 6 missed repayments on credit agreements last year
Over eight million Brits – one in six – failed to pay at least one bill over the last year, gambling with their credit profile – this could make it harder for them to be accepted by lenders in the future. Missing repayments can have severe effects on your credit status, check your Credit report [...]
The Number of people contacting debt advice charities doubled in January
The number of people contacting a debt advice charity for help online doubled during January as growing numbers of people struggled to keep up with their borrowings. The Consumer Credit Counselling Service said a total of 8,591 people used its online CCCS Debt Remedy tool during the month – twice as many as in December [...]
