Archive for December, 2006

A Happy Christmas from Your Money

You may have noticed some exciting changes to Your Money website in the past few weeks - and these are just a taster of what is to come in 2007.
As well as being able to compare credit cards, compare loans, compare savings accounts and use our loan calculator to get yourself a great-value personal loan, for example, we […]

TV licences going up

The BBC has been told that culture secretary Tessa Jowell and Chancellor Gordon Brown have agreed a below-inflation rise for the TV licence fee.
The proposal has not yet been approved by the Prime Minister, but it is believed the figures represent the minimum UK investment that the BBC can realistically plan its coming schedules on.
Under the […]

Shops report better Christmas trading

Stores were delighted that retail sales rose at their sharpest rate in two months in December, as consumers made shopping their top UK investment, according to figures from the CBI business group.
The British Retail Consortium (BRC) added that business seemed to be going “reasonably well” and that large shopping malls like Bluewater in Kent have […]

IMF ‘impressed’ with UK economy

The International Monetary Fund (IMF) has rated the UK’s economy “impressive” and UK investment in it should continue to grow.
The report, which is mainly positive on the prospects for the UK economy, predicts “continued strong growth” and an inflation rate well within Chancellor Gordon Brown’s target, giving UK investment a good chance to thrive in the year […]

House prices may well be 15% higher at the end of 2007 than they are now, according to an economic research group.
Lombard Street Research said that recent interest rate rises would not dampen the UK housing market, as property is such a powerful saving and investment method for many consumers across the country.
Diana Choyleva, Lombard […]

The UK’s finances improved slightly in November, according to the latest figures from the Office of National Statistics (ONS).
UK investment in public sector net borrowing fell to £9.9bn, which compares to £8.2bn in the same month in 2005, and recepits from tax grew faster than spending. Total tax receipts rose to £34.5bn from £32.9bn a year […]

Mortgages hit new highs

Mortgage lending rose to an all-time high in November, according to figures released today by the Council of Mortgage Lenders (CML).
The figures show that UK investment in property is surging forward and that £33.1bn was lent to homebuyers in November, £100m over the previous record set in August of this year.
The figure represented a 9% […]

A number of energy price comparison websites that enable consumers to compare utility prices and get cheaper utility bills have been given the thumbs-up from Energywatch, the industry watchdog.
One of the sites given approval and accredited for impartiality and accuracy was uSwitch, recently embroiled in a controversy about “misleading” consumers in search of cheap utility bills.
In the past […]

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