Posted in News on May 17th, 2007 No Comments »
A third of spending is not taken into account by Government measures of inflation, the Alliance Trust claims.
The Government’s headline inflation rate only includes 70% of goods and services in the average shopping basket, according to figures released by Alliance Trust Research Centre.
Shona Dobbie, head of Alliance Trust research centre, said: “People reviewing their finances […]
Posted in News on May 17th, 2007 No Comments »
Interest rates look almost certain to rise again to 5.75% in June, pushing up the cost of borrowing for the fifth time since last August.
In its latest quarterly inflation report, the Bank of England, which is responsible for setting interest rates, said that it would have to increase the Base rate again in order […]
Posted in News on May 17th, 2007 No Comments »
Analysis from MoneyExpert.com shows that some annual travel insurance policy premiums can be cheaper than the average single trip rate.
With some annual policies available for as little as £35, this undercuts the average amount a family planning a holiday in Europe this summer will pay for single trip cover by £7.
And only 9% of single […]
Posted in News on May 16th, 2007 No Comments »
The importance of investing in property in a green belt or conservation area is being underestimated by landlords, says Birmingham Midshires.
A report by the lender found that one in five tenants would pay more rent to live in a green belt, with a third of renters willing to fork out extra to live in close […]
Posted in News on May 16th, 2007 No Comments »
Sellers will be legally obliged to have a Home Information Pack put together before they can market their property from 1st June, after a move to throw out the legislation was defeated in the House of Commons this afternoon.
The Conservative Party had tabled a motion to annul the HIPs regulation, but it was defeated by […]
Posted in News on May 16th, 2007 No Comments »
Research from Bank of Scotland International shows that 42% of Britons are interested in buying property abroad.
The most sought-after destination is Australia, followed by New Zealand, the US, Canada, France and Spain.
The largest proportion of those wishing to purchase foreign property were based in the South East. Only 4% of those surveyed already owned […]
Posted in News on May 15th, 2007 No Comments »
Personal finance education should be put on the curriculum, to teach uninformed British consumers the basics about effective money management.
That is the conclusion of the the ifs School of Finance. It points to the latest research from Credit Expert, which show that 24 per cent of UK consumers have difficulty understanding their own finances and […]
Posted in News on May 15th, 2007 No Comments »
The pace of so-called ‘factory gate’ inflation slowed down in April, with a lid kept on the cost of raw materials, leading analysts to predict that the Bank of England may not feel impelled to raise interest rates as high as previously feared.
According to figures from the Office for National Statistics the cost of output […]