Benefit cap to hit several families in Cornwall
The government plans to bring in its benefit cap in September, which could leave several families out of pocket as a result. Under the new scheme, a family will not be able to claim more than £25,000...
View ArticleInterest rates on student loans likely to fall slightly
Students are likely to pay a little less interest on their debts as a result of inflation rising to 3.3 per cent. As March's retail price index (RPI) inflation rate is usually used to calculate the...
View ArticleCash-strapped consumers turn to sales when shopping
People in the UK are using several money saving techniques when they go shopping as a result of the lack of funds brought about by the recession, according to a new report from Hotwire.com. The report...
View ArticlePeople ‘putting themselves at risk’ by using the same password online
People in the UK are risking their online security by using the same passwords on the websites they visit, according to new research from Ofcom. The report, which surveyed 1,805 adults, found over half...
View ArticleWhich: UK energy tariffs are too confusing
Consumer group Which? would like to see energy tariffs made simpler as the current selection of energy prices are "too confusing". Many people are in debt to their energy provider and in some cases...
View ArticleFirst Utility customers to face energy price increase
Households in the UK could soon be hit by a large increase in energy bills as First Utility has increased the price of its most popular tariff by an average of 18.6 per cent. The energy provider, which...
View ArticleCar insurance premiums fall
The average cost of car insurance has fallen in the last year, with the average policy now priced under £747, according to new data from the AA. This represents a 1.4 per cent reduction since the...
View ArticleUniversal credit launched by the government
One of the biggest shake ups in the benefits system has begun, with the first claims being made for the new universal credit payments. The new scheme merges several benefits and tax credits into one...
View ArticleMore than one in ten over 55s have no plans for retirement
More than one in ten (12 per cent) of people aged over 55 who are yet to retire have not thought about how they will support themselves financially when they do, according to new research from the...
View ArticlePeople turning to budget supermarkets for luxury goods
Almost two-thirds of shoppers who regularly use premium supermarket brands are now also shopping at budget retailers in order to keep costs down. The Money Advice Service reports new findings from...
View ArticleUK motorists given a boost as supermarkets cut the price of petrol
Motorists in the UK have received a helping hand from the supermarkets as many of them have reduced the price of both petrol and diesel this week. Asda and Morrisons have both cut the price of unleaded...
View ArticleParents spending an average of £107.76 on their children’s birthday parties
Parents are spending an average of £107.76 on their children's birthday party in order to make the event memorable, according to new research by thinkmoney. Last year, parents spent £750 million on...
View ArticleHolidaymakers waste an average of £5.99 on ATM charges abroad
UK holidaymakers are wasting an average of £5.99 on imposed charges by some credit card providers every time they make a withdrawal from an ATM in some of the most popular destinations around the...
View ArticleEnergy suppliers offering customers long fixed rate tariffs
The UK's big six energy suppliers are battling it out after revealing fixed rate tariffs that could save customers large amounts of money. A new tariff has now been launched by npower, which will fix...
View ArticleChildren’s unauthorised app spending costing £30m a month
Children have been costing their parents money by downloading applications on devices such as smartphones and tablets, according to a new study commissioned by Windows Phone UK. Overall, children cost...
View ArticleRepossessions forecast remains low for 2013
There has been an increase in repossessions by second charge mortgage providers during the first quarter of 2013, according to new figures released by the Finance & Leasing Association (FLA)....
View ArticlePoor housing conditions putting renters’ health at risk
Renters in the UK are having their health put at risk as a result of landlords not performing necessary maintenance, according to a new report from Shelter. The charity conducted a survey with over...
View ArticlePeople continue to manage personal debt well into retirement
Thousands of pensioners are living through their retirement while lumbered with crippling personal debts of up to £100,000, a new study has found. The research from MGM Advantage has found that...
View ArticleStudents can receive a TV licence refund when moving home for the summer
Students who live away from home can now claim a refund on their TV license worth £36.37 should they move back home during the summer. To be eligible, students must have a TV Licence, be leaving their...
View ArticleUK house asking prices surge
The average asking price house price in the UK has increased to £249,841, meaning buyers must earn £62,000 in order to afford it, according to new figures from Rightmove. These figures show the average...
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