Financial News
Bringing you the latest news and views on effective money management

Trebling fines of £89m in 2010

Date: Thursday, December 30th, 2010

The UK saw almost a tripling of fines in 2010 compiled by the Financial Times. The shocking amount of fines has been stamped down in history as the largest fines, accumulated partly by JP Morgan and Goldman Sachs.

In addition, …

Union leader warning 2011 to be bleak

Date: Thursday, December 30th, 2010

Residents in the UK will be feeling the financial pressure, but if you haven’t been short of pocket, the TUC general secretary, Brendan Barber has spoken out claiming 2011 to be a “horrible year of cuts.” Yes, the New Year …

Retail sales cash in £120m in London’s WE

Date: Thursday, December 30th, 2010

Retailer sales in London’s West End have been cashing in the money over the past few days, to beat the VAT rise. The New West End Company (NWEC), which represents the stores, admitted this week has been the “busiest sale …

UK mortgage debt drops for 10th quarter

Date: Wednesday, December 29th, 2010

Mortgage debt is shrinking and figures from the Bank of England’s latest quarterly reveal borrowers have cut their collective debt by £6.1 billion.

The survey has shown the 10th quarter in a row, where homeowners have put more money …

No pay rises for many in 2011

Date: Wednesday, December 29th, 2010

It’s either a pay freeze or a boot-out-the-door for many employees in 2011, says the British Chambers of Commerce (BCC). Out of 45% of firms surveyed, they agreed to a staff pay rise, but 49% said they would freeze salaries …

Credit card borrowing becomes more lenient

Date: Wednesday, December 29th, 2010

People in credit card debt will face a new set of adopted rules so they are not surprised by sudden interest rate increases. The lenient regime is to commence in January, giving the chance for borrowers to pay off credit …

Jobless to surge by 2.7 million

Date: Wednesday, December 29th, 2010

UK unemployment will surge to a 17-year high of 2.7 million in 2011, says the Chartered Institute of Personnel and Development (CIPD). From the shocking rise, 9% will be eligible to work will become unemployed up from the current 7.9%.…

Government plans to boost charity giving

Date: Wednesday, December 29th, 2010

The government is pushing people into giving money to charity by using credit cards. Every time you fill in tax returns, or apply for passports and driving licenses you will be urged to give a donation, says the Cabinet Office.…

Shocked by bills? We can help

Date: Friday, December 24th, 2010

Energy provider npower has angered customers by billing 185,000 of them a month early, bringing them a ‘nasty shock’ days before Christmas. With the average cost of gas and electricity already seeing a price hike over the coldest months, and …

Get debt relief with debt consolidation

Date: Friday, December 24th, 2010

If you have been forced to seek debt advice, as the economic crisis continues and monetary obligations become impossible to meet, then you are not alone. Borrowing money to pay off interest or arrange for the repayments of previous borrowing …

Alternatively, you can call us on 08002 800 492


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