Posted in News, Save & Invest on June 17th, 2008 No Comments »
Research by Scottish Widows has revealed the spending habits of British men, with a fifth comparing themselves to tightwad Ian Beale from Eastenders.
Over a third of men admit that they could be described as diligent or thrifty with their finances. The survey asked both men and women which fictional soap character or celebrity best matched […]
Posted in News, Credit Cards on June 16th, 2008 No Comments »
The 0% balance transfer credit card market is surging ahead, in spite of the credit crunch, with 40 cards now offering such deals.
Data from price comparison site Moneysupermarket has revealed there are now 40 credit cards offering 0% balance transfers of 12 months or longer.
Virgin, Capital One and Barclaycard have long been regarded as the […]
Posted in News, Banking on June 16th, 2008 No Comments »
The average in-credit interest rate on a current account is rising, but too many consumers are still receiving “pitiable rates”, according to Money Expert.
Research carried out by the financial comparison site showed the average credit interest rate (that is, the rate received when the account holder is ‘in the black’)has risen to nearly 2.% from […]
The fixed-rate bond market is booming, with competition hotting up between providers and rates topping 7%.
The liquidity freeze means that banks and building societies need to work hard to raise deposit money and they are offering particularly tempting deals to consumers.
Rachel Thrussell, head of savings at comparison site Moneyfacts, explained: “Savers are one of the […]
Posted in News, Banking on June 13th, 2008 No Comments »
Mervyn King, governor of the Bank of England, may already know whether he will need to write a letter to the Government next week because inflation has topped its 3% limit, according to New Star Asset Management’s economist, Simon Ward.
The Bank of England is tasked with ensuring that inflation remains within Government guidelines of 2-3%, […]
Posted in News, insurance on June 12th, 2008 No Comments »
Research by insurance.co.uk has revealed one in six Brits are considering looking for work closer to home because it is not economical to make the journey by car.
The average commuter has seen fuel bills rise by 21% over the last 12 months and this figure is widely expected to increase over the coming weeks.
In a […]
With 54% of retirees struggling to make ends meet, research from Engage Mutual Assurance reveals that families are stepping in to provide a financial lifeline to their elderly relatives.
Nearly one in 10 British adults, the equivalent of more than 1.7m adults, are helping with the costs of their parents’ retirement. Of these, 22% have given […]
Posted in News, insurance on June 12th, 2008 No Comments »
Cancer insurance policies have been criticised for a lack of clarity that may result in people being excluded from treatment, according to Mercer.
The study, conducted in conjunction with charity Cancerbackup, surveyed 11 major UK private medical insurance (PMI) providers to assess each of their main corporate medical insurance policies for cancer, including issues such as […]