Archive for December, 2006

Long-term jobless face benefit axe

Work and Pensions secretary John Hutton is today announcing benefit cuts for the “hardcore” unemployed who make no contribution to the UK investment and labour arena.

Hey, big spenders

A survey has found that there have been huge shifts over the last 10 years in the sorts of goods we buy – not just at Christmas but throughout the rest of the year as well.

A fake HM Revenue & Customs (HMRC) website has been set up to lure taxpayers into sending their UK current accounts details to fraudsters based on the Continent.

House prices continue to boom

Nationwide Building Society has predicted that house price growth will remain firm in 2007, rising by a national average of 5%-8% over the year, ensuring that property remains a sound UK investment.

Centrica to slash gas costs

The owner of British Gas, Centrica, is to cut the gas price in 2007 because of significantly reduced wholesale costs.

Online bank fraud on the rise

Worrying figures from the Financial Services Authority (FSA) about Internet banking UK have led to a warning from the financial watchdog that the problem could get out of control.

Faster sales ‘herald rate rise’

Government figures have shown that UK consumers are still spending big in the retail sector, provoking fears that another rise in interest rates is imminent.

Your TV or your life?

People in the UK spend more money on insuring their TV or DVD player than they do their life, according to a recent survey of UK life insurance purchasing.

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