So boring and predictable, isn’t it?
I mean all the bleating after the latest interest rate rise. The media, especially the terminally wimpish BBC, pulled its usual trick of running around looking for people who would “suffer” because of the decision and trawled up the usual motley rentacrowd of over-mortgaged, credit-binging whingers who claimed they were at destitution’s door […]

The Bank of England has raised the Base Rate from 5.5% to 5.75%, the fifth increase since August last year.
The higher rate will mean most mortgage lenders will increase the repayments on their standard variable rate homeloans, adding about £16 a month to an average £100,000 repayment mortgage.
Price comparison website uswitch.com has calculated that the two rate rises […]

BT has changed its charging structure by abolishing its weekend prices for calls made to mobiles and hitting customers with daytime and evening rates only.
The change will cost customers up to 150% for daytime weekend calls and evening weekend calls will go up 50%.
The price hikes outstrip the less significant cuts of 4% and 6.25% made […]

Tax owed to HM Revenue & Customs (HMRC) could be taken automatically from defaulters’ bank accounts, civil servants have proposed.
It is estimated that HMRC pursues about 200,000 people through the courts every year, although many officials see this process as time-consuming and costly.
The new plan, if implemented, would allow HMRC to bypass the choked court […]

Global growth funds hold the key to excellent investment returns, according to research from investment data analyst Moneyspider.com.
However, rather than the big investment houses leading the way, it is the small boutique funds that are posting the best returns.
“The dramatic imbalance in returns shows the importance of not automatically putting your trust in the big name […]

Paying off household debt has reached a record level and is stretching many household budgets to the limit of their capacity, according to accountancy firm Pricewaterhouse Coopers (PwC).
The cost of debt now takes up 19% of the average household’s disposable income, exceeding the previously record high level of 18% in late 1990.
With a hike in […]