Posted in News, Banking, Features on May 16th, 2008 No Comments »
Kate O’Raghallaigh investigates whether good things come in packaged current accounts
The phrase ‘package deal’ probably conjures up images of intoxicated, red-faced Brits on their merry way to some part of the Mediterranean. There are, however, other services besides the tourism industry, where you can get a number of so called benefits all rolled into one […]
Offshore savings accounts are becoming more accessible to savers with less cash to stash, according to Moneyfacts.
Data from the financial comparison site has revealed some accounts accept minimum deposits of just £1,000 and rates can be just as competitive as onshore accounts. For example, Kaupthing Singer & Friedlander (IOM) offers a no-notice account at a […]
Posted in News, insurance on May 16th, 2008 No Comments »
Modern cars are leaving UK motorists confused, with three-quarters admitting they would be unable to repair their car.
Nearly half of British motorists admit to having a poor or ‘non-existent’ understanding of modern car engines, with just one in 20 believing they have an excellent understanding.
Only 4% of motorists said they would feel confident enough to […]
Posted in News, Loans on May 16th, 2008 No Comments »
Research from Moneysupermarket shows the take-up of short-term payday loans has seen a massive upswing, increasing by over 55% since September.
The price comparison site said the rise in payday loans is astronomical and symbolises just how difficult people are finding it to cope day to day. As disposable income is being squeezed through increases in […]
More than half of retirees are struggling to make ends meet thanks to the rising cost of living, according to research from Engage Mutual Assurance.
The friendly society has reported that 54% of retirees are currently finding it difficult to make ends meet, with 49% of those forced to make cutbacks and 17% simply going without. […]
Posted in News, Utilities on May 15th, 2008 No Comments »
People looking to switch to a cheaper energy provider could be trapped with their current supplier, according to price comparison site MoneyExpert.
Research from the website found that 726,000 people missed a gas or electricity bill in the last six months and as a result, could be trapped into staying on an expensive tariff if they […]
Posted in News, Utilities on May 14th, 2008 No Comments »
Consumer Price Index (CPI) annual inflation - the Government’s target measure - was up from 2.5% in March to 3.0% in April.
The biggest influencing factors to the change in inflation came from price hikes made to items related to housing and household services. There were further large upward contributions from food and non-alcoholic beverages […]
Posted in News, Save & Invest on May 14th, 2008 No Comments »
Equity prices across the European Union (EU) have risen by an average of 118% since 2003, growing at twice the rate of US share prices, according to Halifax Financial Services.
Eight of the 10 EU countries with largest growth in stock prices since 2003 were in eastern Europe, according to Halifax, with Bulgarian share prices […]