Archive for November, 2007

Disposable income reaches 10 year low

  Nearly one in three people (30%) who are in a relationship are prepared to sacrifice their personal spending for their partner, according to Engage Mutual.  A further 22% of people are willing to cut back on going out, in order to save money.

Research from Standard Life has shown a significant fall in confidence in the savings and investment market.

The financial services sector was a key play for investors this week, according to online broker TD Waterhouse, which recorded a surge of activity in the sector.

CTF balance boost

The amount invested in cash child trust funds (CTFs) rose by £23m over the last three months, statistics from the Building Society Association (BSA) have shown.

Beware current account rates

Consumers should not be distracted by attractive short-term rates on current accounts, moneyfacts.co.uk has warned.

Personal loan market shrinks again

Two more personal loan providers have withdrawn from the market, as the credit crunch continues to spread through the financial services industry.

Almost a third (30%) of people plan to spend less this Christmas due to recent turmoil in financial markets, according to Cornhill Direct.

The Credit Services Association has re-launched its 7-point plan to help consumers avoid the pitfalls of debt over the festive period.

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